The conditions centred on project ownership, operation and maintenance costs, and possibly giving China operational rights to another Pakistani dam
Source/Credit: South China Morning Post
By SCMP News Desk | December 9, 2017
China does not accept Pakistan’s claim that Islamabad decided to cancel a US$14 billion infrastructure deal with China because Beijing was making demands that were impossible to meet, state media reported on Thursday.
The Chinese government did not ask for ownership or operation rights to the Diamer-Bhasha dam, or seek to take another Pakistan dam in exchange for striking an agreement with Islamabad, Xinhua quoted an unnamed official from China’s National Development and Reform Commission (NDRC) as saying.
The conditions “did not exist”, the official said. “The reports by Pakistani media contained factual mistakes … or they only reflected the stands of individual officials”.
Pakistani media reported last month that the project was excluded from the China-Pakistan Economic Corridor (CPEC) framework because Islamabad was unable to meet China’s “strict conditions” for agreement.
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The Chinese conditions were “not doable and against our interests”, Pakistan’s Express Tribune quoted Water and Power Development Authority chairman Muzammil Hussain as saying on November 14.
Hussain said the conditions centred on project ownership, operation and maintenance costs, and possibly giving China operational rights to another Pakistani dam, the report said.
Read original post here: China denies making impossible demands for collapsed US$14 billion infrastructure deal with Pakistan
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