BEIJING- China is negotiating with Pakistan, Mongolia, Uzbekistan and Kyrgyzstan to build three connective railroads to revive the ancient Silk Route and improve regional trade on the economic belt.
China is planning to build a maze of silk roads, including the Maritime Silk Road (MSR), a project of President Xi, for which India has already been invited to take part.
On Pakistan front, China has unveiled an ambitious China-Pakistan Economic Corridor project connecting the two countries through Azad Kashmir. The multi-billion dollar project aims to connect the two countries with rail, road, oil and gas pipelines besides optic fibre links.
“China will make every effort to advance major cooperation projects that have been signed with countries along the Silk Road Economic Belt to bring tangible results to local residents,” Vice-Premier Wang Yang said yesterday.
The economic belt, comprising of more than 50 countries, can benefit over 3.8 billion people.