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Showing posts from June 11, 2020

Record Number Of China-Europe Freight Trains Services Help Meet Demand As Sea And Air Freight Capacity Are Reduced Due To Covid-19

  hellenicshippingnews.. 4 hours ago To help with reduced shipping capacity due to the pandemic, over the last two months, the China-Europe freight train service has experienced a record peak in services. As of 6th May 2020, the number of China-Europe freight trains originating in Xi’an reached 1,000 in 2020, 78 days earlier than the same period last year. Cargo throughout totalled 1.923 million tons, an increase of 41.7% over the same period last year. The 1,000th train of 2020 embarked from Xi’an Xinzhu Station and headed west to Uzbekistan in May, a landmark journey in connecting China with its European trade partners. In response to COVID-19, Xi’an opened up a dedicated channel for the trains to help maintain normal operations and support enterprises getting back to business. Xi’an recognised the need to optimise the transportation declaration and approval procedures and also intensify the schedule by reducing the intervals between trains. The starting point of the Silk Road is Xi’

Health Silk Road — How China plans to make BRI essential in Covid-hit South Asia

China's strategic competitors, including India, are trying to contest its public health outreach. But as of now, countries in South Asia do not have an alternative to China. DEEP PAL ,  RAHUL BHATIA  and  SUCHET VIR SINGH 11 June, 2020 https://theprint.in/opinion/health-silk-road-how-china-plans-to-make-bri-essential-in-covid-hit-south-asia/439603/ Representational image | A researcher prepares a sample inside a laboratory in China | Photo: Gilles Sabrie | Bloomberg C hina’s foreign minister Wang Yi finally admitted late last month that the Covid-19 pandemic has severely  slowed down  Beijing’s flagship foreign policy project, the Belt and Road Initiative. He, however, asserted that the impact was temporary, and the BRI will be back, stronger than ever. Yi’s comment follows some creative policymaking from China as the pandemic spread across the world. This involved dusting off and relaunching the  Health Silk Road  (HSR), a little-remembered component of the BRI. Beijing has  wante

China's Belt and Road Initiative and Laos

June. 12. 2020 Opinion 2020-06-11 17:15       By Dr. Nehginpao Kipgen and Megha Gupta Dr. Nehginpao Kipgen Megha Gupta Despite COVID 19 ravaging almost the entire world, China has continued to push forth its Belt and Road Initiative (BRI), taking advantage of the vacuum created by the months-long pandemic. Among Southeast Asian countries, Laos, a tiny and an underpopulated state, has been one of Beijing's major aid recipients. In the course of granting loans and aid to Laos, Beijing has three basic demands in return: the backing of Chinese policy on issues such as Taiwan and Tibet; Chinese companies to be able to exploit Laos resources; and lines of communication to run through Laos to Thailand. Laos has not only accepted these demands but has also let China be its largest investor. Beijing has pumped in billions of dollars into sectors such as hydroelectric power, agriculture, mining and construction, all in all, for its larger "new silk road" strategy. The construction

Hafeez Shaikh presents Pakistan Economic Survey 2019-20

Pakistan Web Desk June 11, 2020 Shaikh highlighted the fragile state of the economy, which was ravaged considerably by the COVID-19 pandemic in the last quarter of the year https://www.thenews.com.pk/latest/671179-hafeez-shaikh-presents-pakistan-economic-survey-2019-20 ISLAMABAD: Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh presented the Pakistan Economic Survey 2019-20 on Thursday, highlighting the state of the Pakistani economy in the outgoing fiscal year. Shaikh highlighted the fragile state of the economy, which was ravaged considerably by the COVID-19 pandemic in the last quarter of the year. Shaikh revealed that the GDP is expected to contract 0.38% in FY 2020 despite 2.67% growth in the agricultural sector, as the industrial and services sectors see growth of -2.64% and -0.59% respectively this year. Shaikh revealed that the GDP is expected to contract 0.38% in FY 2020 despite 2.67% growth in the agricultural sector, as the industrial and services sectors see gro

Hafeez Shaikh presents Pakistan Economic Survey 2019-20

Pakistan Web Desk June 11, 2020 Shaikh highlighted the fragile state of the economy, which was ravaged considerably by the COVID-19 pandemic in the last quarter of the year https://www.thenews.com.pk/latest/671179-hafeez-shaikh-presents-pakistan-economic-survey-2019-20 ISLAMABAD: Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh presented the Pakistan Economic Survey 2019-20 on Thursday, highlighting the state of the Pakistani economy in the outgoing fiscal year. Shaikh highlighted the fragile state of the economy, which was ravaged considerably by the COVID-19 pandemic in the last quarter of the year. Shaikh revealed that the GDP is expected to contract 0.38% in FY 2020 despite 2.67% growth in the agricultural sector, as the industrial and services sectors see growth of -2.64% and -0.59% respectively this year. Shaikh revealed that the GDP is expected to contract 0.38% in FY 2020 despite 2.67% growth in the agricultural sector, as the industrial and services sectors see gro

Pakistan's economy contracts for first time in 68 years by -0.38%

Pakistan's economy contracts for first time in 68 years by -0.38% ​​​ Advisor on Finance Abdul Hafeez Sheikh, releasing the Pakistan Economic Survey 2019-20 said the economy suffered massively due to the coronavirus pandemic which has so far infected about 120,000 people in the country, and forced the government... By  PTI  | Updated:  Jun 11, 2020, 08.19 PM IST AFP The per capita income in dollar terms has also dipped to 1,366 - a contraction of 6.1 per cent, but it increased in rupee terms to Rs 214,539. For the first time in 68 years, Pakistan's economy is set to contract in the outgoing fiscal year with a negative 0.38 per cent due to the adverse impact of the coronavirus  pandemic  coupled with the already weak financial situation before the pandemic hit the country, according to the economic survey unveiled on Thursday. Advisor on Finance Abdul Hafeez Sheikh, releasing  the Pakistan Economic Survey  2019-20 said the economy suffered massively due to the  coronavirus  pand

Work On Gwadar Port Free Zone Phase-1 Completed

   8 hours ago    Fri 12th June 2020 | 12:14 AM The construction of Gwadar Fort Free Zone Phase-I has been completed with all infrastructures, including power, water, road and now in operation ISLAMABAD, (UrduPoint / Pakistan Point News - 11th Jun, 2020 ) :The construction of  Gwadar  Fort Free Zone Phase-I has been completed with  all  infrastructures, including power,  water ,  road  and now in operation. According to Economic Survey 2019-2020 issued on Thursday, more than 30 enterprises  from  various sectors, such as banks, insurance, financial leasing, hotels, warehouses, fishery products processing, edible  oil  processing, pipe, furniture manufacturing, electric  vehicle   assembly , trade and logistics, have already been registered in  Gwadar  Port Free Zone. Gwadar Port is in the process of becoming the Gateway Port for  Pakistan  and the region and a world-class maritime  hub . Gwadar  Port, the first deep seaport in the country, is a complement to  Karachi  Port and  Port Qa

Gwadar Port hits back at slur against China

By KASWAR KLASRA in Islamabad | China Daily | Updated: 2020-06-12 08:25 Operator of Pakistani facility refutes report in media of navy base plan A publication in the United States has come under fire for falsely suggesting that China is building a naval base in Pakistan. Forbes magazine, in its online edition dated June 2, ran a report under the headline: China's new high-security compound in Pakistan may indicate naval plans. The report speculated on the purpose of construction work undertaken at Gwadar Port. In response, the port operator refuted suggestions that the naval complex was being built, saying that the construction was for office buildings to be used by it and its partner companies. Sources say the operator is considering legal action against the publication, to safeguard its rights and interests. The Forbes report said: "Analysts have been watching for the first signs of a long-expected Chinese naval base at Gwadar in Pakistan. The base, to complement an elaborat

Two more persons ‘abducted’ by Pakistani forces from Panjgur

Current Balochistan Date:  11 Jun 2020 Author:  Admin 0 Pakistani forces abducted two persons from Panjgur on Wednesday. According to details, yesterday at evening time Pakistani forces raided in Tar office in Panjgur and abducted two persons. the abductees were identified as Nasir s/o Rahim bakash and Meeraj s/o Abdul Ghafoor. The Pakistani armed forces, intelligence agencies and other security apparatus continue arbitrary arrest and abductions in Balochistan amid COVID-19. The term abducted is widely used in Balochistan to connote arrests made by security forces as the arrested are not presented before the court of the law and instead kept in military camps. According to Voice for Baloch Missing Persons (VBMP), the campaign group by families of victims, more than 45,000 Baloch men, women, and children are under Pakistani custody

SRA claims the responsibility of two separate attacks on Pakistan rangers in Karachi.

Date:  11 Jun 2020 Author:  Admin 0 Current Balochistan  Rangers forces were bombed at two different locations in Karachi. According to details, unidentified persons targeted Pakistan Rangers by bombs at two different places in Karachi, the capital of Sindh. The first attack was carried out on Rangers vehicle in Gulistan-e-Johar area of ​​Karachi while a Rangers check post was targeted in Malir area within an hour. According to officials, a Rangers official was injured in the Gulistan-e-Johar blast. Authorities have not yet released details of casualties in the second attack. Meanwhile, Sindhudesh Revolutionary Army (SRA) spokesman, Sodho Sindhi has claimed the responsibility for the attacks. The SRA statement said “Sindhudesh Revolutionary Army claims the responsibility of twin attacks on Pakistan Rangers today; one on a Rangers vehicle in Gulistan-e-Johar Karachi, where 2 Rangers personnel were killed and five were seriously injured and second attack took place on the Rangers check-p

Survival of democracy and minorities in Pakistan rests with separating religion from politics

Survival of democracy and minorities in Pakistan rests with separating religion from politics By  Senge Hasnan Sering,   Jun 10, 2020 21:56:01 IST https://www.firstpost.com/world/survival-of-democracy-and-minorities-in-pakistan-rests-with-separating-religious-from-politics-8457531.html Hindus are true heir to the Indus (Sindhu/Sengge) Civilization. However, in modern day Pakistan, Sindh has become the killing field of defenseless Hindus. The worsening situation is forcing their majority to flee to India and share shocking stories of forced-conversions and genocide. Hindus subsist at the bottom of socio-economic ladder in Pakistan. Religious apartheid in tandem with absence of educational and job opportunities makes their lives insufferable. The Hindu farmers are losing battle against dwindling resources, land erosion and encroachment. Making the matters worse, they lost major portion of this year’s harvest to one of devastating locust attacks in decades. A leading rights activist from