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Showing posts from September 14, 2018

Traders hail govt decision to stand by CPEC

September 14, 2018ISLAMABAD : Islamabad Chamber of Small Traders on Friday welcomed the decision of the government to stand by CPEC which has put rumours to rest.Recent statements by some government functionaries had created an impression that CPEC agreements will be reviewed which resulted in uncertainty which is now settled, it said.CPEC is an integral part of the country’s economic future which cannot be compromised under any circumstances, said Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt.The recent move of the government has disappointed opponents of CPEC, he said, adding that one of the best ways to address concerns and reservations over the CPEC is making the whole process transparent.Enhanced clarity will allay concerns of Pakistani business community a good part of which is suspicious about the project as they consider it will not be as beneficial as claimed by the politicians.Shahid Rasheed Butt said that the suspicions are supported by unnecessary secrecy a…

CPEC: Pakistan to establish special economic zones in Gwadar

September 14, 2018Shakeel AhmedPakistan will establish special economic zones and give priority to the development projects in Gwadar, the cabinet committee on CPEC decided Saturday.The cabinet committee decided to pay special attention to Pakistan Railways’ Main Line-1 project.Under the Main Line-1 project, the railways’ track to Karachi, Lahore and Peshawar will be repaired and upgraded.Doubling of entire track from Karachi to PeshawarSpeed of passenger trains to be increased from 65/110km/h to 160 km/hFreight trains to operate at 120 km/hComputer based signaling and control systemThe cabinet committee also discussed the participation of a third country in the CPEC projects. However, the name of this country wasn’t revealed.The meeting was chaired by the Federal Minister for Planning and development Khusro Bakhtiar.The committee has instructed all the conveners of CPEC Joint Working Groups to submit a detailed agenda in the next meeting on September 30.



https://www.samaa.tv/news/2018…

PUBLIC EVENT: THE NEW SILK ROAD-DE NIEUWE ZIJDEROUTE

27 SEP 2018 09:00 - 16:00BACK TO RESULTSINTRODUCTIONThis is a public event organised by Nieuwsblad Transport (NT). For information and registration please view here.During this public discussion a wide range of experts will shed their light on the impact and consequences of China's New Silk Road initiative, also know as 'One Belt One Road (OBOR)'.Various topics will be highlighted from both a Chinese as well as a Dutch perspective, including current developments, the handling of goods, the role of transit countries, logistics and the impact on the trade and transport sector.Sr. Research Fellow Frans-Paul van der Putten will present the Dutch perspective on the Belt and Road Initiative and the view of the Dutch on its geopolitical consequences.The key note address will be delivered by HE Magzhan Ilyassov, Ambassador of the Republic of Kazakhstan on the Kazakh vision, role and approach as an important transit hub on the international playing field.Presentations will be held …

China to host Silk Road Expo next month

September 13, 2018
BEIJING : Third Silk Road International Cultural Expo under the Belt and Road Initiative will be held in China’s Gansu province on September 27 and 28 to promote people-to-people exchanges.Chen Qing, an organizer of the Expo said here at a press conference on Thursday that al-together, some 1000 high-level Chinese and International VIP guests from 100 countries and regions will attend the event.She added that from a new historical starting point, the process of joint construction of Belt and Road is progressing towards a stage of taking roots and sustained development and The 3rd Dunhuang Cultural Expo will serve to push forward the overall plan of the concerted endeavor and fully implement the spirit of CPC’s 19th National Congress and President Xi’s ideas on socialism with Chinese characteristics in the new era.Opening ceremony of the Expo will be held on 27 September and during the Expo multilevel and high-profiled sub-forums and many activities and exhibitions to…

Baloch leader urges UN to address human rights violations in Balochistan

Baloch leader writes letter to UN High Commissioner

ANI | Updated: Sep 14, 2018 03:31ISTGeneva [Switzerland], Sep 14 (ANI): The Chairman of the Baloch Students Organization (BSO) Sohrab Baloch urged the newly appointed United Nations (UN) High Commissioner Michelle Bachelet to address the human rights violations taking place in Balochistan.In a moving open letter to Bachelet, Baloch wrote, "The Baloch people have been systematically marginalised and deprived of basic rights. Moreover, those who stand against state's discriminate and brutal policies towards Baloch people, are subjected to enforced disappearance and most of the time executed extrajudicially.""Over the years, Baloch human rights groups and international human rights institutions on the situation of Balochistan have reported serious continuing human rights violations against Baloch people," he added.Accusing the Pakistan government of suppressing the rights of civilians and systematically impending …

TRIVIUM CHINA: China Tip sheet

TRIVIUM CHINA
DRIVING THE DAY1.  Data dump – surprisingly decent monthly econ data
China’s stats bureau released August economic data this morning.The numbers looked pretty decent,though the pace of overall growth remains very weak.Retail sales grew at 9% y/y – up from 8.8% in July.Year-to-date retail sales grew at 9.3% y/y through August – the same rate as the first seven months of the year.Growth of industrial production inched up to 6.1% y/y – from 6% in July.But on a year-to-date basis industrial production decelerated to 6.5% y/y through August – a touch down from the 6.6% growth in the first seven months of the year.Quick take 1: the improvement in consumption seems to have been driven by the purchase of oil products, gold and precious jewels, and daily necessities. Those purchases do not indicate a healthy consumer market.Quick take 2: Industrial output was driven by an uptick in steel, cement, and aluminum – the first two of which will have been driven by solid property construc…