Government forms multiparty CPEC oversight panel

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ISLAMABAD: The government on Wednesday honoured its commitment to political parties as the National Assembly acting speaker constituted a bicameral parliamentary committee to oversee the multibillion-dollar China-Pakistan Economic Corridor (CPEC).

The decision to constitute the committee was taken during an all parties’ conference (APC) convened on May 28 this year to develop a national consensus on the $46 billion economic corridor which will join China’s south-western region with Gwadar port. In this regard, the National Assembly adopted a motion on June 24 and Senate on July 10.