Pakistan plans to review or renegotiate agreements reached under China’s Belt and Road Initiative, joining a growing list of countries questioning the terms of their involvement in Beijing’s showpiece infrastructure investment plan.
Pakistani ministers and advisers say the country’s new government will look again at BRI investments and renegotiate a trade agreement signed more than a decade ago, which it says unfairly benefits Chinese companies.
The projects concerned are part of the $62bn China-Pakistan Economic Corridor (Cpec) plan — by far the largest and most ambitious part of the BRI, which seeks to connect Asia and Europe along the ancient Silk Road.