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Showing posts from May 28, 2017

China woos Pacific nations for Silk Road

http://www.sbs.com.au/news/article/2017/05/29/china-woos-pacific-nations-silk-road
Fiji has signed up for China's One Belt One Road plan and a Pacific Island Forum official believes the program holds great potential for the region.Source: AAP29 MAY 2017 - 12:06 PM  UPDATED 4 HOURS AGOStruggling Pacific island nations who aren't feeling much love from Australia, are being wooed by China to be part its ambitious project building bonanza.Fiji has already signed up for the Chinese government's One Belt One Road Initiative and Prime Minister Frank Bainimarama joined 28 other world leaders at a recent Beijing summit on the new Silk Road plan.It's an ambitious infrastructure building spree on land and across oceans linking parts of Asia, Eurasia, Africa, the Middle East and Europe aimed at boosting trade, economic growth and cutting transit time for goods.Ads by KioskedThere's $US1.3 trillion ($A1.8 trillion) worth of projects already in the pipeline.It's open to all c…

Balochistan gets 24 of 33 water schemes mentioned in budget

https://www.dawn.com/news/1336006/balochistan-gets-24-of-33-water-schemes-mentioned-in-budget

KalbeAliUpdated about 2 hours ago
ISLAMABAD: Out of 33 water development schemes identified in the federal budget for next year, 24 have been earmarked for Balochistan, which include construction of dams or canals and feasibility studies for new projects and improvements in the existing ones.The water-related projects mentioned in the budget include three for Khyber Pakhtunkhwa and two each for Sindh and Punjab.Besides, there are 19 ongoing water schemes for Balochistan, but Senator Saifullah Magsi has accused the incumbent government of playing with figures.“This is nothing short of deception — only to show that development activities continue in Balochistan, but I am confident that none of the new schemes will materialise because this government releases funds for Punjab-based projects only,” Senator Magsi added.ARTICLE CONTINUES AFTER ADWhile, the federal Public Sector Development Programme …

Why China’s Great Leap Into Kashmir Is An Own-Goal

http://m.huffingtonpost.in/pranesh-prasad/why-china-s-great-leap-into-kashmir-is-an-own-goal/


 29/05/2017 8:48 AM IST | Updated 3 hours agoPraneshPrasadCAREN FIROUZ / REUTERSThe Indian government's decision to boycott the Chinese Belt and Road Initiative (BRI), has resulted in much debate, with most commentators either castigating or praising the official position. The government's decision is based on two key concerns —On grounds of national sovereignty and territorial integrity, particularly because BRI's flagship project, the China-Pakistan Economic Corridor (CPEC), passes through the illegally occupied Gilgit-Baltistan region and Pakistani-held Kashmir.The fact that the BRI initiative is not transparent and its supposed economic benefits could not possibly be balanced and equitable.The government can be lauded for not blindingly giving in to Chinese rhetoric about inclusive growth and also for providing a reality check to the countries that have lined up for soft Chines…

Pak budget has clear Chinese footprint-Experts

http://wap.business-standard.com/article/news-ani/pak-budget-has-clear-chinese-footprint-experts-117052900230_1.html



ANI | Islamabad/Lahore [Pakistan] May 29, 2017 11:22 AM IST
Financial and economic experts in Pakistan have said that budget proposals announced for fiscal 2017-18, have a clear and visible Chinese footprint.A majority believe the budget is more or less an extension of the China-Pakistan Economic Corridor (CPEC) initiative, reports the Dawn in an op-ed.They see it as an attempt by the government to complete as far as possible all CPEC-related energy and road development projects before heading into the 2018 elections to secure an endorsement from voters.Using the federal Public Sector Development Programme (PSDP) as a medium to divert funds for the CPEC-related projects, Pakistan's Finance Minister Ishaq Dar has, according to these experts, set aside Rs.180 billion - or slightly less than a fifth of the total budget outlay for CPEC projects.A detailed study of the bud…

Baloch Activists against Pakistani Nukes

Baloch political activists protesting against Pakistani nukes in a protest staged by @freebalochmovt in #London

Free Balochistan Movement rally in Germany

Düsseldorf,  Germany

China’s state fund kicks start new Silk Road project with eastern Europe investment

http://m.scmp.com/business/china-business/article/2096005/sino-ceef-track-first-investment-central-and-eastern-europe

Maggie ZhangUPDATED : Sunday, 28 May 2017, 10:36PM 1A Chinese government-backed fund focusing on investing in central and eastern Europe is poised to make its first investment this year amid Beijing’s ambitious new Silk Road initiative, the head of the company overseeing the fund said.The fund is finalising its first investments after going through a list of about 100 projects involving infrastructure, manufacturing and consumer products, Jiang Jianqing, chairman of the Sino-CEEF Holding, told the South China Morning Post on the sidelines of a financial forum in Shanghai on Saturday.The fund is seeking to raise €10 billion (US$11.2 billion) in funding and “a significant part of it has already been secured”, Jiang said after speaking at a forum held by Shanghai Jiao Tong University.He declined to elaborate on specific investment figures or prospective projects as negotia…

Silk Road expedition reaches Arabian Sea

https://www.thenews.com.pk/print/207081-Silk-Road-expedition-reaches-Arabian-SeaKarachiMay 28, 2017


Team members travelling along the historical Silk Road completed their expedition in Karachi amid sweltering heat on May 25.After exploring historical sites along the Silk Road from Xian to Kashgar in China, the team went along its southern spur to enter Pakistan over the Khunjerab Pass (4,693 meters) and then continued along the Karakorum Highway (KKH), said a press release issued on Thursday.Silk worm rearing continues in Suzhou on the Eastern coast of China to Haripur in Khyber Pakhtunkhwa in Pakistan. Silk fabric production is evident in Shanghai, Multan and Karachi. The team visited Taxila, near Pakistan’s capital Islamabad, which was an important staging point on the Silk Road along with Peshawar. The towering mountains, powerful glaciers and the roaring rivers in the Hunza and Gilgit areas right upto Abottabad were a special delight. The area people are extremely friendly and hosp…

Foreign Firms Seek a Fair Shot at China's New Silk Road Projects

https://www.voanews.com/a/foreign-firms-seek-a-fair-shot-at-china-new-silk-road-projects/3874333.html

May 28, 2017 7:38 AMJim RandleLeaders attending the Belt and Road Forum wave as they pose for a group photo at the Yanqi Lake venue on the outskirt of Beijing, China, May 15, 2017.ShareWASHINGTON — China's planned modern version of its ancient "silk road" may bring more than one trillion dollars of infrastructure investment along trading routes that wind through emerging markets in dozens of countries throughout Asia, Africa and Europe. "One Belt, One Road" (OBOR) trade routes, which stretch from China to London and to Africa, are intended to boost the economies of China and the many nations along the routes by making trading easier and cheaper.But so far, these road, rail, pipeline, port, power grid, telecom, and other projects offer major opportunities for Chinese companies and not so many for outside firms.The Chinese will take “most of the highest-profile pr…

Foreign banks divided on best approach to financing China’s US$5 trillion new Silk Road project

http://m.scmp.com/business/banking-finance/article/2096010/foreign-banks-divided-best-approach-financing-chinas-us5-tr



AlunJohnUPDATED : Sunday, 28 May 2017, 10:37PM 1Foreign banks are divided on whether to help finance China’s new Silk Road initiative, with some seeing an opportunity in providing direct financing for the government-backed project while others opt for reduced exposure, citing concerns over poor returns from large infrastructure investments and other risks.Participation by foreign banks is seen as crucial to the trade initiative’s success as even President Xi Jinping’s pledge of US$780 billion in additional funds is not enough to cover the full cost of the infrastructure plan.“The amount of funds required for the initiative, as much as US$5 trillion over the next five years, means that foreign banks will need to be involved for it to succeed,” said Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis.“The Chinese policy banks and commercial banks combined …

India’s objections to CPEC are fake: Masood

http://www.brecorder.com/2017/05/28/350889/indias-objections-to-cpec-are-fake-masood/

FAWADMAQSOOD MAY 28TH, 2017 20:060 VIEWS: 18MIRPUR: President Azad Jammu and Kashmir (AJK), Sardar Masood Khan said India's objections to China Pakistna Economic Corridor (CPEC) were fake and disingenuous. ''Having occupied the territory of one part of Jammu and Kashmir, now it stakes claim of 'sovereignty' to Gilgit-Baltistan and Azad Kashmir, under what law?'' he questioned. The AJK president was addressing a one day international seminar on 'Belt and Road Initiative: CPEC and regional integration ' organized by The Institute of International and Cultural Affairs late Saturday. He said the territory did not belong to India. "Is India worried because it has moved its 700,000 troops to the Indian Occupied Kashmir to maintain its illegal occupation in Jammu and Kashmir? Or is it concerned that the people of Gilgit-Baltistan, Azad Kashmir and Pakistan will become…

Killing fields of Balochistan

http://tns.thenews.com.pk/killing-fields-balochistan/#.WSrxlWnhXqA


NaseerMemon May 28, 2017Leave a commentViolence against peaceful citizens working in Gwadar will only undermine the Baloch rights movement, and its political legitimacyVictims of ethnic conflict.inShare3Ten labourers belonging to district Naushehro Feroz of Sindh were cold-bloodedly executed by a militant group near Gwadar in Balochistan on May 13. These labourers were working on a road project. They were lined up and showered with bullets after checking their ethnic identity. One of them was spared after he conversed with the assailants in Balochi language.Balochistan Liberation Army (BLA) claimed responsibility of the terrorist act.The incident was not the only one of its kind. One week later, three labourers hailing from Rajanpur district of Punjab were gunned down near Turbat. In April 2017, four labourers belonging to Ghotki district of Sindh were executed in Kharan district of Balochistan. In April 2015, 20 labour…

Balochistan’s under-reported poverty

http://tns.thenews.com.pk/balochistans-reported-poverty/#.WSrwDGnhXqA

Adnan Aamir May 28, 2017Leave a commentThe 7th NFC Award, assessed on the basis of almost a decade-old reports, robs the province of its due shareThe 7th NFC Award, assessed on the basis of almost a decade-old reports, robs the province of its due share.
After the 18th Amendment, the 7th National Finance Commission (NFC) was the second biggest achievement of the last PPP-led government.The 7th NFC altered the revenue distribution in favour of smaller provinces and Balochistan was dubbed as the biggest beneficiary. 🔴However, what is not known is that Balochistan is still being deprived of approximately Rs28 billion annually from its share in the federal divisible pool due to technical wizardry.Prior to the 7th NFC award, population was the sole criterion for distribution of revenue collected by the federal government from the entire country. However, in the 7thNFC, the weightage of population was reduced to 82 per cen…

Huge cache of arms, ammunitions recovered in Balochistan

http://dunyanews.tv/en/Pakistan/390309-Huge-cache-of-arms-ammunitions-recovered-in-Baloc




  Last Updated On 27 May,2017 About 22 hours agoThe security forces carried out search operations in different areas of the provinceRAWALPINDI (Dunya News) – As Operation Raddul Fasad in various parts of the country, the security forces have recovered a huge cache of arms and ammunition from different areas of Dera Bugti and Sui in Balochistan area, reported Dunya News on Saturday.According to ISPR, the security forces during their search operations at different areas of the province recovered seven RPG launcher, four mortar shells, two mines, four grenades, 170 pressure buttons, three remote control and other explosives.The operations were carried out in Dera Bugti and Sui areas of Balochistan as communication devices and other explosives were also recovered in operation carried out at terrorists’ shelters.

Balochistan by road

http://tns.thenews.com.pk/balochistan-road/#.WSru6GnhXqA

Saad Qaisrani May 28, 20175 CommentsCovering over 3,000 kilometres in five days, to experience the calm but uneasy peace of this isolated provinceThe statue of Princess of Hope at Hingol National Park.inShare210While travelling across Balochistan, I can so easily relate Lt. Henry Pottinger’s luscious descriptions in his book, Travels in Beloochistan and Sinde, published in 1816. Apart from the rare additions to the landscape that clearly stand out, everything from the blowing sands, distant hills and rugged ravines to the local tribesmen seem to be stuck in the past.My five-day-long road journey from Mastung to Karachi begins on April 17, 2017 and ends at noon on April 22, 2017, and takes me through many districts of Balochistan.My two friends and I depart for Dera Ghazi Khan on Tuesday night around 10pm from Lahore on a Daewoo, and enter Balochistan on Wednesday around noon, from there we proceed on a friend’s vehicle.On the way…