The controversial China-Pakistan Economic Corridor -- the flagship project of China’s ambitious Belt and Road Initiative (BRI) -- is being extended to Afghanistan, a report said on Sunday. China had unveiled in December its plans to extend the $50 billion CPEC to Afghanistan, which has sparked concerns in India. Chinese foreign minister Wang Yi, during his meeting with his Pakistan and Afghan counterparts, had offered to extend CPEC to Afghanistan. “China and Pakistan are willing to look at with Afghanistan, on the basis of win-win, mutually beneficial principles, using an appropriate means to extend the China-Pakistan Economic Corridor to Afghanistan,” Wang had said at the trilateral foreign ministers’ meeting. The BFA was formed by China in 2001 on the lines of the World Economic Forum in Davos, and holds its meeting every year.

Source: Hindustan Times April 08, 2018 14:48 UTC