US Embassy rejects reports of complaints over US participation in CPEC

KARACHI: The US Embassy in Pakistan on Sunday rejected media reports quoting Ambassador David Hale as complaining concerning the US personal sector now not being incorporated in the China-Pakistan Economic Corridor (CPEC).

Reports had steered that Ambassador Hale, at a Federation of Pakistan Chambers of Commerce and Industry (FPCCI) assembly on Tuesday, had complained that the US personal sector used to be now not being allowed to speculate in the multi-billion greenback challenge.

In a observation, the US Embassy clarified that the ambassador by no means raised or mentioned problems associated with the CPEC on the assembly.

“Ambassador Hale visited the Islamabad place of business of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday the 19th of December, the place he mentioned alternatives to fortify the industry and funding ties between the United States and Pakistan,” it stated.

The observation stated the assembly used to be held on the invitation of FPCCI President Zubair Tufail.

“Contrary to reporting by some media shops, at no level did the Ambassador lift the problem of US personal sector participation in the CPEC,” it clarified.

The observation added that Ambassador Hale welcomed the FPCCI’s efforts in running with the Government of Pakistan “to foster a industry local weather conducive to industry and overseas funding”.

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