Parliamentary committee rejects CPEC Authority

ISLAMABAD: The Parliamentary Committee on China Pakistan Economic Corridor (CPEC) has unanimously rejected the forming of CPEC Authority, squashing plans of the government to bring the whole project under one umbrella.

The Parliamentary Panel on CPEC met at the Parliament House and expressed concerns that the CPEC Authority’s chairman with power of Principal Accounting Officer would have direct conflict with Secretary Planning.

It was also told by the Planning Commission that the CPEC Authority would identify projects to bring them under the umbrella of CPEC. 

“The Planning Commission high-ups could not convince the parliamentarians why this CPEC Authority is necessary to run the CPEC related projects,” said one member of the committee, according to a report in a newspaper. He said that the Planning Commission argued that the CPEC would now move towards business-to-business contacts with Chinese side so they were asked to strengthen the ministries concerned.

 

Monitoring Desk
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