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Showing posts from February 26, 2017

The China Dream Hits Reality Asian ports: Pitfalls of China’s One Belt, One Road Initiative. By  James M. Dorsey , February 26, 2017 Credit: Judy Gallagher ( ) Takeaways Political violence has stopped Pakistan’s Gwadar port from emerging as a major trans-shipment hub in Chinese trade.  Protests against Chinese investment have also erupted in recent years in Kyrgyzstan, Kazakhstan and Tajikistan. EU is wary of China’s willingness to persuade its partners to flout international standards of doing business. The core of Chinese policy is an insistence that economics offer solutions to deep-seated conflicts. Troubled ports in Pakistan and Sri Lanka, envisioned as part of China’s string of pearls linking the Eurasian heartland to the Middle Kingdom, exemplify political pitfalls that threaten Beijing’s ambitious One Belt, One Road project. Political violence over the past decade has stopped Pakistan’s Gwadar port from

Another Silk Road Fiasco? China's Belgrade To Budapest High-speed Rail Line Is Probed By Brussels Wade Shepard  ,    CONTRIBUTOR I travel to emerging markets around Asia and report on what I find.   China may be hitting another snag in the fulfillment of its Belt and Road ambitions. The much-anticipated Belgrade to Budapest high-speed rail line, which was touted as  China’s “express lane” to Europe , is being reviewed by Brussels for potential infringements of the EU’s requirement that public tenders are offered for such large-scale infrastructure projects. At a 2013 meeting of the 16+1 in Bucharest, China, Serbia, and Hungry signed an MOU to build a $2.89 billion, 350 kilometer high-speed rail line that would go from Belgrade to Budapest, the first stage of a project that would ultimately connect the China-run Piraeus port in Greece with the heart of Europe. This rail line was to be a hallmark project of Beijing’s B

VOA balochi services

Neighbouring country wants to sabotage CPEC’ February 26, 2017 ‘ MANSEHRA: Minister for Religious Affairs and Interfaith Harmony Sardar Mohammad Yousuf has said that current wave of terrorism is an attempt by a neighbouring country to sabotage the China-Pakistan Economic Corridor (CPEC). “On completion of the CPEC, our country would be in a dominant position in the region, that is why our enemies have started efforts to sabotage the project through terrorism but our forces would foil the designs,” Sardar Yousuf told reporters here on Saturday. He said that Pakistan Muslim League-Nawaz (PML-N) government was firm on its stance to eradicating terrorism and time was not far away when Pakistan would become terrorism-free country. He said that people and law-enforcement agencies were committed to fighting terrorism. The minister said that the cabinet had approved a draft law, which would be presented in the National Assembly for approval to brin

REGIONAL CONNECTIVITY AND ECONOMIC DEVELOPMENT ARE THE ACTUAL THEMES OF THE UPCOMING ECO SUMMIT BEING HELD IN ISLAMABAD- NAFEES ZAKRIA EXCLUSIVE: REGIONAL CONNECTIVITY AND ECONOMIC DEVELOPMENT ARE THE ACTUAL THEMES OF THE UPCOMING ECO SUMMIT BEING HELD IN ISLAMABAD - NAFEES ZAKRIA Most of the ECO members have confirmed their participation in the Summit  Track 1 00:00 -  48:05 DOWNLOAD STARTING 09:27 PM, 25 Feb, 2017   0 " Fikr o Nazar" Most of the ECO members have confirmed their participation in the Summit Advisor on Foreign Affairs Sartaj Aziz said connectivity for regional prosperity is theme of the Economic Cooperation Organization (ECO) Summit to be held in Islamabad on Wedenesday. Briefing media about ECO Summit, he said the forum will deliberate and decide on ways and means to augment cooperation in the areas of connectivity, trade, energy, tourism, investment, industry, economic growth, productivity, social

Pakistan, Afghanistan to hold anti-terror talks next week | No threat to ECO Summit, says Sartaj February 26, 2017 ISLAMABAD - Pakistan disclosed Saturday that it is engaged in negotiations with Afghanistan on developing a joint “mechanism” to address mutual cross-border terrorism concerns, and both sides could formalise a deal next week. Sartaj Aziz, the prime minister’s adviser on foreign affairs, told reporters in Islamabad that he will hold further talks on the subject when he meets with Afghan Foreign Minister Salahuddin Rabbani on the sidelines of ECO Summit next week, reported VOA. He said that Rabbani has confirmed his participation in the 10-nation Economic Cooperation Organisation Summit along with other senior Afghan officials. Aziz went on to say that both sides see terrorism as a “common enemy” and have agreed that there is a need for cooperation. “For this purpose, we are holding discussions on developing a mechanism at

Indian bid to isolate Pakistan bears no fruit: Sartaj February 26, 2017 ISLAMABAD: Adviser to Prime Minister on Foreign Affairs Sartaj Aziz said that India's bid to isolate Pakistan in the comity of the nations had so far borne no fruit as Economic Cooperation Organisation (ECO) summit will be held in Islamabad on March 1. "Our importance and strategic role in the Muslim countries is still vitally significant and we continue to participate in the proceedings of the South Asian Association for Regional Cooperation (Saarc),” he said. "He informed that the Secretary General of the Saarc (Pakistan's Foreign Office official) is expected to join the Saarc Secretariat next month. He said, “Pakistan is hosting 13th ECO Summit on March 1 and it will be preceded by the Senior Officials' Meeting (SOM) on February 26-27, and Council of Foreign Ministers' Meeting (COM) on February 28.”  Briefing the media persons at the Foreig

Time to save CPEC from vicious plots JI Punjab ameer says project to guarantee progress, safety of Pakistan February 26, 2017 MULTAN - Ameer Jamaat-e-Islami Punjab Mian Maqsood Ahmad has said that the China-Pak Economic Corridor Project is a guarantee to the progress, prosperity and safety of Pakistan but we need to protect this project from the enemies as India and some other powers have hatched a series of conspiracies against it. Addressing the participants of inaugural session of a two-day leadership training and management course organised by the JI Punjab here on Saturday, he said that India is continuously active against this project as it wants to foil it at all costs. “ Indian premier Modi has hurled many threats during his speeches at public events. We need to take these threats seriously,” he noted. He asked the government to stop dreaming of taking the enemies of this project on board and take practical steps to thwart their

FBR raises no tax revenue from CPEC projects February 26, KARACHI: The Federal Board of Revenue (FBR) is raising not a single penny from the projects related to China-Pakistan Economic Corridor (CPEC) as they are exempt from taxes , a senior official said on Saturday. “ Neither there is an expectation of revenue generation from CPEC projects due to tax holiday,” said Rehmatullah Khan Wazir , member Inland Revenue (Operations) of FBR, “but, it (CPEC) will have far reaching economic benefits for the country.” Wazir, addressing a gathering of business community, said Pakistan’s economic ranking has improved because of CPEC, which also restored investor confidence. “Earlier, the foreign investment in the country was at standstill, but now it is gaining momentum.” On the tax system, Member Inland Revenue conceded that the country has a complex tax system, which lacks transparency. “ Some laws are also hampering the growth of tax broadening ,”

Corridor To Prosperity February 26, 2017 In June 2015, barely two months after Chinese President Xi Jinping announced plans to invest $46bn to develop infrastructure and energy projects in Pakistan as part of the CPEC, India’s Prime Minister Narendra Modi told China that it was “unacceptable”. The regressive comment by the Indian PM serves as a reminder that our neighbours still have a hard time negotiating the concept of state sovereignty and the idea of a peace built on economic prosperity. Prime Minister Nawaz Sharif, on this way back from Turkey, told the media that he does not see any indication that the United States and West are engaged in destabilising the CPEC and this can probably be agreed with. Out critics and saboteurs are regional, and the US and its allies are too mired in their own domestic squabbles as well as the situation in the Middle East to try to sabotage the CPEC, and risk making further enemies in the east. Even

CPEC: While Northwest China Enjoys Pakistani Seafood, India Feels Beijing's Presence Panos Mourdoukoutas  ,   CONTRIBUTOR I cover global markets, business and investment strategy   AFP / SAM PANTHAKY (Photo credit should read SAM PANTHAKY/AFP/Getty Images) The China-Pakistan Economic Corridor (CPEC) is changing life in China’s Northwest Xinjiang Uyghur region, bringing something special to the region:  seafood  from Pakistan. This little bonus is being shipped by container trucks through the corridor, which currently accounts for 2 percent of the total trade between the two countries; and more goods are expected to come through CPEC from the Middle East and Africa. That’s certainly a good return for China’s enormous investment in the project, which some experts call the Marshall Plan for Pakistan. “The China-Pakistan Economic Corridor (CPEC) has been described as a Marshall Plan for Pakistan,” 

Don’t count the foreigners Adnan Aamir  February 26, 2017  Leave a comment As the census politics heats up in Balochistan there is no consensus on whether it should be held in time or a refugee census held before it inShare 1 Politics relating to the sixth population census is heating up. Initially only the Baloch nationalist parties opposed it, alleging that the presence of Afghan refugees in Balochistan will alter the demographic balance against Baloch. They hold the census will give birth to a series of problems. On February 18, a gathering of tribal and political elders,  Qaumi Yakjehti Jirga ,  was held to discuss the census. Not only Baloch and Pashtun but also Hazaras and settler communities participated in the jirga. They discussed the census for hours, and unequivocally decided to demand from the federal government that foreigners be not made a part of the forthcoming census. In what can be termed as a concealed threat, the resoluti

CPEC not for Balochistan development: Mengal February 26, 2017/ 1 Comment QUETTA -  Balochistan National Party chief Sardar Akhtar Mengal yesterday said multibillion CPEC project is not meant for the progress of Balochistan; instead, it will transform the Baloch nation into a minority on their own soil. Addressing the oath-taking ceremony of Balochistan National Party’s newly elected office bearers at Baba-i-Nushki Cricket Ground, Sardar Akhtar Mengal strongly criticised the multibillion China-Pakistan Economic Corridor (CPEC) uplift schemes, terming them a conspiracy against the Baloch nation. “We are not seeing any development. Even our people do not have access to hospitals for treatment, not to speak of development,” lamented Mengal. He also expressed reservations over the CPEC and the census which he termed a conspiracy to convert the Baloch nation into a minority. The BNP chief smelt plots against the Baloch people in Balochistan to