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WB proposes to Pakistan to include India in CPEC

KARACHI: World Bank (WB) has proposed to Pakistan to include India into CPEC projects.

WB has said that inviting India and other Central Asia states to join CPEC will facilitate regional trade between South Asia and Central Asian states and will help shore up Pakistan economy.

In its report entitled “ Pakistan of 100 years” encompassing economic and social targets and recommendations, WB has indentified prospects of regional trade saying Pakistan can scale up the existing volume of trade of 18.48 billion dollars to 58 billion dollars till 2047 with China, Central Asian States and South Asian countries.

For normalization of relations with India WB has laid stress on initiation of dialogues for reactivating Pakistan-India Joint Chambers of Commerce, simplifying visa process for people and traders and easing trade process.

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