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Showing posts from April 25, 2020

Solar, LED lights donated to Gwadar deserving families
INP April 26, 2020 GWADAR: Gwadar Port A0uthority held a ceremony of distributing a batch of solar power equipment and food packets to the deserving families.According to Gwadar Pro App, the equipment including 4000... ShareNext Story >>> GWADAR: Gwadar Port A0uthority held a ceremony of distributing a batch of solar power equipment and food packets to the deserving families.According to Gwadar Pro App, the equipment including 4000 sets of solar photovoltaic systems and LED lights, donated by China’s Ministry of Ecology and Environment, will be delivered to local people lack of access to electricity.At the distribution ceremony on Friday Balochistan’s Finance Minister Zahoor Buledi and Chairman of Gwadar Port Authority Naseer Khan Kashani said this batch of materials will help the local people of Gwadar fight against the COVID-19. They also expressed gratitude to the Chinese government and enterprises for their long enduring supports to Pakistan and Gwadar

How the United States Should Deal With China in Pakistan

DANIEL MARKEY APRIL 08, 2020 Summary:  The Trump administration holds a decidedly critical view of China’s infrastructure initiatives in Pakistan. Although there is much to criticize in the China-Pakistan Economic Corridor, the administration’s fixation on commercial and economic issues threatens to distract U.S. policymakers from deeper concerns. Related Media and ToolsFULL TEXT (PDF) INTRODUCTIONBy the end of 2019, the China-Pakistan Economic Corridor (CPEC), China’s high-profile development initiative in Pakistan, had shifted to a new phase. Whereas the first CPEC projects were mainly devoted to building new physical infrastructure, like power plants and highways, the next iteration of CPEC will tackle a wider array of projects intended to spur economic development and job creation.Changes in CPEC were motivated by Pakistan’s political and institutional realities as well as by the broader evolution of China’s globe-spanning Belt and Road Initiative (BRI), of which CPEC has always been …

CPEC projects may face delay, disruption as virus crisis worsens

BusinessWeb DeskApril 25, 2020 Pakistan could benefit from business opportunities arising as a result of the pandemic, the report states

ISLAMABAD: *Pakistani authorities have warned about delays and disruption in China Pakistan Economic Corridors (CPEC) related multi-billion dollars projects after outbreak of coronavirus, The News reported on Saturday.*
⭕ *A detailed report tabled before high-powered National Coordination Committee (NCC) states that Chinese companies working on CPEC projects will suffer delays and higher costs, and with supply-chain and worker related disruptions will be witnessed.*
It states that Pakistan’s plan to expeditiously build Special Economic Zones (SEZs) will also be thwarted or at least face delays as _Chinese companies will find it hard to manage required human and capital supplies on an urgent basis._

SEZs effective tool to benefit post-crisis In the second-round effect, the SEZs will be the most effective tool to harness benefit out of the crisis, it added. …

Balochistan govt warns action against owners demanding rent from tenants
Web DeskOn Apr 25, 2020 QUETTA: Balochistan government has notified the ban on two-month rent across the province in order to provide relief to the tenants amid coronavirus crisis, ARY News reported on Friday.The Balochistan home department announced that rent will not be received from March 24 to May 24 from any tenant.
The provincial government also warned legal action against the owners over demanding rent or threatening eviction of tenants from the property during the period.Earlier on Thursday, Chief Minister Balochistan Jam Kamal had announced to provide relief to tenants on government-owned land in the province for two months due to coronavirus pandemic.The decision was made in a high-level meeting chaired by the chief minister Balochistan where it was also decided to maintain the current lockdown in the province.The meeting also decided to provide Ramadan-assistance package to all mosques registered with the provincial authority. It was also urged that the masses should…

NAB files reference against Balochistan Revenue Authority officials

SAMAA | Noor Ul Arifeen Posted: Apr 25, 2020 | Last Updated: 33 mins ago samaa Photo: Online
NAB has filed reference against the former Gwadar deputy tehsildar and other officials of the Balochistan Revenue Authority in a Quetta accountability court for tampering with the department’s records.
In the reference, NAB says it has concluded its investigation into the matter and found the officials guilty of causing a loss of more than Rs110 million to the national exchequer and gaining personal benefits by changing the revenue department’s records.
The officials are accused of illegally selling four acres of land in Gwadar and hiding it by modifying the documents.
The investigation, the bureau’s Balochistan chapter says, was conducted under the supervision of NAB Balochistan Director-General Farmanullah Khan

U.S Senators Warn Against China’s Debt-Trap Diplomacy During COVID-19 Crisis

April 24, 2020  |  202-228-7561 HOUSTON, Texas - U.S. Sens. Ted Cruz (R-Texas), David Perdue (R-Ga.) and 14 senators sent a letter expressing concerns with the impact that deteriorating global market conditions caused by COVID-19 will have on developing countries and the potential geopolitical implications of relief efforts.While the senators support efforts to provide aid for developing countries, in a letter to Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo, they cautioned that the U.S. must be wary of enabling China's debt-trap diplomacy.In the letter they wrote:"We urge the State Department and the Treasury to consider the impact of the Chinese-financed Belt and Road Initiative (BRI) on the finances of many troubled economies and policy implications of additional International Monetary Fund (IMF) or World Bank support."Domestic economic constraints in China stemming from COVID-19 will likely make China less willing to roll over debts as they matu…

US netas tell Trump to hit China where it hurts: Xi Jinping's flagship Belt & Road plan

A group of US senators on Friday urged the President Donald Trump-led administration to study the impact of the China-funded Belt and Road Initiative on the finances of troubled economies. Press Trust Of India Updated On: April 25, 2020 10:15 IST

Spotlight: Belt and Road extends amid mutual support, solidarity of co-builders

Source: Xinhua| 2020-04-25 12:06:51|Editor: huaxia BEIJING, April 25 (Xinhua) -- To cheers and applause, the extension of Sri Lanka's Southern Expressway was officially opened to traffic in February.President Gotabaya Rajapaksa, who attended the ribbon-cutting ceremony together with Prime Minister Mahinda Rajapaksa, later tweeted, "The extension of Southern Expressway up to Hambantota will connect lives, livelihoods and boost economic activity. It's the key infrastructure that links Hambantota Port and Mattala Rajapaksa Hambantota Airport and supports our vision in building Sri Lanka as a logistic hub in Asia."The extension of Sri Lanka's fast roads is just one of the many advances made as part of the China-proposed Belt and Road Initiative (BRI) over the past year. Since the Second Belt and Road Forum for International Cooperation (BRF) was held in April 2019 in Beijing, the initiative has entered a new stage focusing on high quality development, and has become i…