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Belt and Road

Pakistan approves most expensive China-aided project to date

$6.8 billion deal will upgrade railway lines

Tracks of the disused Karachi Circular Railway line in Karachi, Pakistan.   © Reuters

ISLAMABAD (Reuters) -- Pakistan's top economic body on Wednesday approved its costliest project to date as part of the multibillion-dollar China-Pakistan Economic Corridor (CPEC) agreement, giving the go-ahead for a $6.8 billion project to upgrade its railway lines, the government said.

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