Pakistan Confirms China Pullout From Pipeline Project, Eyes Other Options
By RFE/RL’s Radio Mashaal
ISLAMABAD — Pakistan says the Industrial and Commercial Bank of China has “no more interest” in funding a project to build a natural-gas pipeline from Iran to Pakistan.
A Pakistani Finance Ministry spokesman said on March 14 that the Chinese institution had been negotiating with Pakistan’s Habib Bank over financing for the Pakistani section of the pipeline. He added that he did not know why the Chinese bank had pulled out of the deal. …
Read more » RFE/RL