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Showing posts from December 10, 2017

Panel Discussion: CPEC - Diplomatic debt-trap or game-changer for South Asia?

EFSAS Panel Discussion: CPEC - Diplomatic debt-trap or game-changer for South Asia?December 8, 2017A group of experts will shed light on the legal, geopolitical, economic and environmental impacts of the China Pakistan Economic Corridor (CPEC). Please register at the link below and join us in London on Friday 15th of December 2017.Register here.....
https://www.eventbrite.co.uk/e/cpec-diplomatic-debt-trap-or-economic-game-changer-for-south-asia-tickets-40943121980

Cracks apoear in CPEC as china temporarily halts funding

https://www.efsas.org/commentaries/cracks-appear-in-cpec-as-china-temporarily-halts-funding/

Recently, China decided to stop the release of funds with regard to the construction of three roads, part of the CPEC project. The Chinese Government stated at the last Joint Working Group session in November that it would cut funds for the construction of the roads, Dera Ismail Khan-Zhob, Khuzdar-Basima and the Karakorum highway, which together encompass 456 kilometres and are estimated to cost $850 million. The three important road projects were brought into the CPEC framework during the sixth meeting, held last December, of the Joint Cooperation Council (JCC), the crucial forum where details of various projects that come under the CPEC umbrella are negotiated between Pakistan and China.Part of its ambitious ‘One Belt One Road’ (OBOR) initiative, the China Pakistan Economic Corridor (CPEC), launched in 2013 remains one if its most important projects as it will facilitate Chinese access to str…