China accelerating civil, nuclear cooperation with Pakistan
The Statesman|July 04, 2023
China& Pak signed a nuclear energy deal worth 4.8 billion dollars, which experts believe is a prying move on part of Beijing
China accelerating civil, nuclear cooperation with Pakistan

China has recently signed a nuclear energy deal with Pakistan worth $4.8 billion, accelerating its efforts towards civil nuclear cooperation, in a curios move to seek export customers in a market dictated by the West and Russia.

In June this year, China and Pakistan signed a nuclear energy deal worth 4.8 billion dollars, which experts believe is a prying move on part of Beijing, done at a time when it has already had a jarring ride on its investments in Pakistan’s power business and has had to suffer to sapping cash crunch due to shortage of Islamabad’s foreign exchange reserves and fears of an economic meltdown.

Experts believe that China’s latest civil nuclear cooperation deal with Pakistan seems to be inclined towards more on strategic ambitions than economics.

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