Thursday, Apr 25 2024 | Time 21:38 Hrs(IST)
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World


France lends help to Belt, Road Initiative

Islamabad, Oct 20 (UNI) At a time when some major countries are overtly or covertly opposing China’s Belt and Road Initiative (BRI) that aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient routes of Silk Road, France has declared its support for China’s gigantic programme.
Talking to Chairman of the Senate Standing Committee on Defence Production retired Lt Gen Abdul Qayyum, French Ambassador to Pakistan Marc Barety on Friday said “France supports the Chinese BRI concept and is ready to invest in the subsequent phases of China-Pakistan Economic Corridor (CPEC) provided transparency is ensured.”
The remarks came amidst reports suggesting that the United States, Australia, Japan and India were considering establishing a joint regional infrastructure scheme as an alternative to China’s multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing’s spreading influence, Dawn reported.
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