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The Benefits and Risks of the China-Pakistan Economic Corridor

http://carnegietsinghua.org/2016/12/21/benefits-and-risks-of-china-pakistan-economic-corridor-pub-66507

Source: GettySHI ZHIQIN,  LU YANGArticleDecember 21, 2016Summary:  The China-Pakistan Economic Corridor is solidifying relations between the two nations but the project faces multiple security and political challenges.Related Media and ToolsδΈ­ζ–‡PRINT PAGE9Traditionally, China and Pakistan have cooperated closely at the strategic and political levels. Now the two nations are making efforts to expand their bilateral collaboration economically as well. The construction of the China-Pakistan Economic Corridor (CPEC) is a milestone that signifies this shift.At its core, the CPEC is a large-scale initiative to build energy, highway, and port infrastructure to deepen economic connections between China and Pakistan. This initiative has been well-received in both countries, although it is not without its problems.1 Nevertheless, China and Pakistan regard the CPEC as a new source of potential sy…

EU MEPs warn OBOR could lead to Chinese domination of Europe

http://www.aninews.in/newsdetail-NA/MzEyNzkz/eu-meps-warn-obor-could-lead-to-chinese-domination-of-europe.html


Updated: May 06, 2017 20:59 IST      Brussels [Belgium], May 6 (ANI): Members of the European Parliament (MEP) participating in a conference on 'European Union and OBOR', in Brussels, Belgium, have warned that China's flagship 'One Belt One Road' (OBOR) project and the China-Pakistan Economic Corridor (CPEC) could eventually lead to a Chinese domination of Europe.The event, held days ahead of the Belt and Road Summit in Beijing and attended by MEPs, diplomats, academics, opinion-makers, journalists and Baloch representatives, was hosted by the Brussels-based South Asia Democracy Forum (SADF) in the European Parliament (EP) on Friday.Moderated by Executive Director of the SADF Paulo Casaca, among those who participated in the event were Ryszard Czarnecki, MEP and Vice-President of the EP, Fulvio Martusciello, MEP, Siegfried Wolf, Senior Researcher on the OBO…

CPEC to change fate of region, Pakistan desires peace, friendship with India: Mamnoon

http://pakobserver.net/cpec-change-fate-region-pakistan-desires-peace-friendship-india-mamnoon/

‘Made in KPK’ kicks offIslamabadPresident Mamnoon Hussain Saturday said, Sound economic policies of the government had started producing positive results. Mamnoon Hussain hoped that China-Pakistan Economic Corridor would change the fate of the region and Pakistan would emerge as the most important country. The president was addressing the inaugural ceremony of “Made in KPK” Exhibition organized by Sarhad Chamber of Commerce and Industry at Pak-China Friendship Centre here.
He underlined that there had been no change in the route of the Corridor and people making it controversial were trying to mislead the people. President Mamnoon Hussain Saturday said that Pakistan desired peace and friendship with India but the latter should not endanger stability and development of region by creating tension.
On the occasion, Leader of Businessman Forum, Senator Ilyas Ahmed Bilour, President Sarhad Chambe…

CPEC: Indian Finance Minister to Pak FM

I have no hesitation in saying that we have serious reservations about it because of sovereignty issues. I don’t want to get into it at this stage but there are issues,” Jaitley said at the annual meeting of the Asian Development Bank in Yokohama, Japan. His statement comes ahead of China’s mega Silk Route summit next week. India is unlikely to attend the meet. “I think connectivity in principle is a good idea but on the particular proposal I think there are several other collateral issues and this is not really the forum for me to go into all this,” Jaitley said.

Arun Jaitley, Pakistan's finance minister share cold vibes at global meet

http://m.timesofindia.com/india/jaitley-pak-minister-share-cold-vibes-at-global-meet/articleshow/58550504.cms

PTI | Updated: May 6, 2017, 07.06PM ISTArun Jaitley Pakistan s finance minister share cold vibes at global meetHIGHLIGHTSFinance minister Arun Jaitley shared cold vibes with his Pakistani counterpart at a global meet in Japan.Jaitley sat in a position that his head was turned away from the Pakistani leader all throughout the debate.YOKOHAMA: Frosty Indo-Pak relations after the beheading of Indian soldiers by Pakistani troops were on full display in Japan when finance minister Arun Jaitley was on dais with his Pakistani counterpart, often sharing cold vibes and aggressively countering Islamabad backing of China's Belt and Road initiative.This was the first instance of leaders of the two nations sharing dais in the midst of what is being dubbed as the worst crisis brewing in South Asia since the Mumbai terrorist attacks of 2008.
Jaitley and Pakistan's finance minister Moha…

Quote of the day

Porkiland has a FINANCE MINISTER ? What does he do ? Decide on the color of the beggin bowl ?? And why does anyone expect any vibes at all with a beggar state and mr jaitley who has steered the indian economy to a fasteat growth rate on the planet ??'

Preparing our youth for CPEC

https://tribune.com.pk/story/1402297/preparing-youth-cpec/



By Salma ButtPublished: May 6, 2017

The writer is a youth development expert with over 12 years of experience in the social development sectorThe acronym for China-Pakistan Economic Corridor (CPEC) is pretty well known to Pakistanis. Our entire political and economic arena is revolving around it, looking at it with one view that is hope of economic prosperity, leading to peace building and security. It is a gigantic window opening employment opportunities, entrepreneurship and the economy; a much-vaunted forthcoming attraction for the youth. But are we ready to include our youth to its supply-side? Or, are they ready to become a quality human resource to avail this opportunity? And what is the way forward to prepare them against meeting the demand-side of CPEC?When we say CPEC, it means spending $51.5 billion till 2030 in three phases. It aims at energy, infrastructure, rail-based mass transit projects, new provincial projects, …

Pakistan Govt decides to slash salaries of CPEC employees

https://en.dailypakistan.com.pk/pakistan/govt-decides-slashing-salaries-of-cpec-employees/
Pakistanby Haider Ali Sindhu | Published on May 6, 2017 πŸ”—ISLAMABAD – In an unexpected development, the federal government has decided to slash the  salaries of contractual employees linked to China-Pakistan Economic Corridor.The decision came after the finance ministry refused to pay them as per their agreements though it is considering a raise in compensation for the government employees stationed across the country.The contractual employees of development projects may face up to a 33% cut, depending upon their salary packages.According to a report by Express Tribune, the Accountant General of Pakistan Revenue (AGPR) objected over fixing their salaries over and above the Standard Pay Package of 2009 for project staff, following which the finance ministry issued an official notification.The AGPR does not recognise the salaries mentioned in PC-I approved for the said projects.“The pay of the proj…

No Action Against Chinese Companies Working on CPEC – Minister Warns FBR

https://pakwired.com/no-action-against-chinese-companies-working-on-cpec/


By Saad Alvi |BusinessAhsan Iqbal, Minister Planning & Development, has reportedly asked the FBR to review its policies concerning Chinese companies working on the CPEC projects. The Minister has asked for an immediate investigation to be launched on sealing of bank accounts of a Chinese company. The Chinese organization in question has been working on $1.5 billion Karot Hydro Powerproject that comes under the CPEC umbrella projects.The China International Water and Electric Corporation executing the $1.5 billion project hopes that the production will start by 2020. The Karot Hydro Power project will add 720 megawatts of electricity to the national grid.Highlights of CPEC Process review meetingAlso Read: Chinese Companies Eager to Invest in Pakistan Under CPECThe matter has been brought to highlight in the process review meeting for the ongoing CPEC projects. Iqbal has asked for a total revamp of standard ope…

The allure of CPEC

http://tns.thenews.com.pk/allure-cpec/#.WQ6nWWnhXqA


WaqarGillani May 7, 2017Leave a commentAs the CPEC project gains momentum, Switzerland expresses interest in the emerging avenues of economic cooperation with PakistanCPEC is the backbone of connectivity and economic development.inShare1The China-Pakistan Economic Corridor — a project worth more than $57 billion — is not only attracting investors from Switzerland but also urging other European countries to be attentive.Swiss Business Council’s (SBC) Pakistan chapter has expressed keen interest in inviting European investors and tradesmen to consider potential of trading through the CPEC route — a cheaper and faster alternative. The Swiss mission in Pakistan and the leadership of Swiss Business Council have jointly taken this initiative with plans to soon hold a big conference in this regard.Recognising the importance of the subject, the Embassy of Switzerland in Pakistan and the SBC, recently, also organised a session for ‘Opportuniti…

Terror, feudal politics and delays could hit China-Pak corridor, says Chinese scholar

http://m.hindustantimes.com/world-news/terror-feudal-politics-and-delays-could-hit-china-pak-corridor-says-chinese-scholar/story-K98eBsD9jRq9JyMCi8K3jN.html


The CPEC cuts through Pakistan-occupied-Kashmir, leading to protests from India over the issue of sovereignty. Despite New Delhi’s concerns, China has pumped billions of dollars into the corridor.According to Shi Zhiqin, the executive dean of the One Belt, One Road Strategic Institute in Beijing, terrorism, political infighting and attempts by Pakistani political parties to divide the “CPEC cake” have already caused substantial delays to the project. (Reuters File)Updated: May 07, 2017 01:11 ISTBy Sutirtho Patranobis, Hindustan Times, BeijingMultiple security issues and political uncertainties mark the China-Pakistan Economic Corridor (CPEC), a top Chinese scholar has said, adding opinion is divided on the viability of the project both in the short and long term.The CPEC, whose cost has been projected at more than $46 billion, cuts…

Balochistan giving priority to irrigation sector

http://nation.com.pk/business/07-May-2017/balochistan-giving-priority-to-irrigation-sector

ISLAMABAD - Balochistan government is giving top priority to the irrigation sector. Official sources told Radio Pakistan that more than rupees one and half billion have been earmarked for this important sector. Sources said that ten mega projects costing Rs one hundred and forty-two billion are being completed with the cooperation of the federal government. These projects will not only improve underground water level but provide safe drinking water in addition to irrigating thousands acres of land in the province, sources added.

CJP takes notice of cutting of green trees in Balochistan

https://www.samaa.tv/pakistan/2017/05/cjp-takes-notice-of-cutting-of-green-trees-in-balochistan/May 6, 2017By: Samaa Web Desk
ISLAMABAD: Chief Justice of Pakistan Justice MianSaqibNisar took notice of cutting of trees for extension of road in Balochistan.The notice was taken on an application that a 10 kilometer Pishin-Yaroo Link Road, District Pishin, Balochistan is being widened that has caused threat to about 2200 green trees on both sides of the road.However, these trees could be saved by earmarking alternate route but none of the departments working on the project took pains to save the green trees which are not less than an asset in droughty and hilly areas of Balochistan.Earlier, reports were called from concerned departments of Government of Balochistan i.e. Secretary Communication and Works, Secretary Forest, DG, Environmental Protection Agency and Deputy Commissioner, Pishin about the issue.From the reports, it transpired that the project was a potential threat to about 2200 …

Sarfaraz Bugti heckled by Baloch activist in Brussels

http://www.aninews.in/newsdetail-NA/MzEyODIy/sarfaraz-bugti-heckled-by-baloch-activist-in-brussels.htmlUpdated: May 07, 2017 01:19 IST      


Brussels [Belgium], May 7 (ANI): Baluchistan's Interior Minister Sarfaraz Bugti was heckled by Baloch activist Munir Mengal in an event in Brussels where the delegation highlighted the economic potential of the southwestern Balochistan province.A nine-member delegation of Government of Balochistan, led by Bugti, was on a visit to Brussels to brief Belgian businessmen on the economic opportunities in Balochistan in the wake of Gwadar Port and China Pakistan Economic Corridor (CPEC).While heckling the minister, Munir asked, "Why Balochistan Chief Minister Nawab Sanaullah Zehri calls himself Nawab, why not 'Khan of Kalat'?"Zehri participated in a loya Jirga in September 2006 called by the Khan of Kalat, Mir Suleman Dawood Jan, following the death of Akbar Bugti during a military operation ordered by former General Pervez Musharr…

Picture of the day

UKPNP is holding a seminar on 9th May-2017 in Brussel.

Freedom Democracy Equality
United Kashmir People’s National Party
Invitation The United Kashmir People’s National (UKPNP) is holding a seminar on 9th May-2017 in Brussel. (1) -Under the title’s of Prevention trifurcation of the erstwhile state of Jammu and Kashmir and
revival of the fundamental rights of the people (2) – The Constitutional restraints in Pakistani occupied Kashmir and our role.(3) – The Political and socio- economic empowerment of the Pakistani peripherals and role of Kashmiris diaspora.Exiled Kashmiri statesman and Chairman of the United Kashmir People’s National Party will deliver a special lecture at this event. Leading human rights activists, civil society representatives, academicians, political activists across Europe would also participating in this historical event. Therefore you are cordially invited to participate and put your contribution for the positive change in the region and well being of
marginalized folks under undemocratic constitutional order. Venu…