Pakistan can overcome temporary financial difficulties: China
Beijing, July 11: A Chinese official said on Wednesday that China believes Pakistan can overcome temporary difficulties in foreign exchange reserves and maintain stable economic development.
Foreign Ministry spokesperson Hua Chunying made the remarks at a press briefing in response to some Western media reports, which said Pakistan, facing a surging debt risk and a shortage of foreign exchange reserves, hoped China could continue to provide loans, otherwise a number of infrastructure projects of the China-Pakistan Economic Corridor could be affected.
Hua refuted the reports as being "seriously inaccurate," Xinhua reported.
"Pakistan's Finance Minister Shamshad Akhtar has made it clear that Pakistan will firmly adhere to pushing forward the construction of the China-Pakistan Economic Corridor," Hua said.
She said that the China-Pakistan Economic Corridor had played a positive role in helping Pakistan maintain relatively high economic growth, and gained full support from the government and people of Pakistan.
"We believe that the construction of the corridor will be implemented steadily according to agreements of the two sides and will not be disturbed by other factors," Hua said.
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US VP JD Vance says Lebanon not part of ceasefire, calls it ‘misunderstanding’
Budapest/Washington: US Vice President J D Vance has said that Lebanon was never included in the ceasefire understanding with Iran, describing the confusion as a “legitimate misunderstanding”.
Speaking to reporters before departing from Hungary, Vance said, “I think the Iranians thought that the ceasefire included Lebanon and it just didn’t. We never made that promise.”
He stressed that the United States had not included Lebanon in the scope of the ceasefire at any stage.
His remarks come amid continued Israeli strikes in Lebanon, where more than 200 people were reported killed, even as ceasefire talks between Iran and the US move forward.
Vance said Israel had “offered … to check themselves a little bit in Lebanon because they want to make sure that our negotiation is successful”.
He warned that if Iran allows the situation in Lebanon to affect the negotiations, it could derail the talks.
“If Iran wants to let this negotiation fall apart in a conflict where they were getting hammered over Lebanon, which has nothing to do with them and which the United States never once said was part of the ceasefire, that’s ultimately their choice,” he said.
