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Showing posts from March 11, 2017

Oman Millitary and India

“Business in Gwadar has doubled in the last one year”  BR RESEARCH MAR 6TH, 2017 10:45   0 VIEWS: 579 Ghulam Hussain Dashti is the President of Anjuman Tajran Gwadar , a body that represents small traders in the Gwadar city. As part of our recent fact-finding mission in Gwadar , BR Research also sat down with Mr. Dashti and a few other local traders. Selected, edited excerpts are produced below from that conversation, which focused on how small businesses view the CPEC-linked planning and development works taking place in Gwadar . BR Research: Gwadar Port, and by extension, Gwadar city, is at the heart of the China-Pakistan Economic Corridor (CPEC). As a representative of small traders in the city, how do you see this area getting developed in the coming years? Ghulam Hussain Dashti :  Frankly we have heard the name CPEC. But we dont know much about it. Even our local MNA seems clueless. In fact, sometimes we get our information from newspapers. As far as Gwadar is concerned, the

Political stability, economic progress yet to reflect in country’s image LAHORE: Pessimism in Pakistan is a major hurdle in improvement of the image of Pakistan, which should have improved in view of political stability, economic progress and establishment of the writ of the government throughout the country. Pakistan is not Afghanistan where the writ of state is limited to Kabul and its vicinity. The country has proved its control by demonstrating that goods coming from China can smoothly travel along China-Pakistan Economic Corridor (CPEC) route passing through the heart of Balochistan. It showed the world that terrorists do not have the strength to disrupt a cricket match in Lahore despite their surprise attacks a few weeks earlier. On the economic front, the country has crossed all the necessary landmarks needed to restore the investor confidence. Its foreign exchange reserves are at a comfortable position. Inflation, despite three consecuti

Trading with the neighbours By  Muhammad Ashraf Published: March 10, 2017 The writer is Director General, Trade Dispute Resolution Organisation, Ministry of Commerce Pakistan exports around $4 billion worth of merchandise to its immediate neighbours China, India, Iran and Afghanistan (CIIA) and imports goods worth $13.3 billion from them. Pakistan’s trade with neighbours constitutes 26% of its international trade — 18% of $21 billion exports and 30% of $45 billion imports. The gravity model of international trade regards trade between two countries inversely proportional to their distance and directly proportional to the size of their economies. Thus, distance being zero, the trade naturally gravitates towards the neighbours. The cultural overlap and consequent similarity of consumption patterns, the natural integration of industrial production due to likeness of demand and factor endowments, low delivery costs and short lead times make the n

CPEC enclaves KHURRAM HUSAIN UPDATED MAR 09, 2017 08:00AM The writer is a member of staff.. A SMALL line in a news story a few days ago caught my eye. The setting was a hearing in the Senate Standing Committee on Planning and Development at which high officials from the Planning Commission were answering questions about the China-Pakistan Economic Corridor (CPEC). The line that caused me to do a double take was this one: “ The committee was informed that only Chinese industrialists would be allowed to set up their industries in the proposed economic zones along the corridor.” Surely this was a mistake, I thought, so I called some people, including members of the committee, to ask whether this had indeed been said. They confirmed that, yes, the officials from the Planning Commission had indeed said this. So what’s going on? Under the CPEC umbrella, there are nine Special Economic Zones planned. One each in Punjab, Khyber Pakhtunkhwa, Balochistan and Islamabad,

COAS reiterates commitment to ensure CPEC's security WDWeb Desk March 11, 2017       RAWALPINDI : Chief of Army Staff ( COAS ) General Qamar Javed Bajwa visited the Headquarters of Special Security Division (SSD), which is responsible for the security of Chinese in China-Pakistan Economic Corridor (CPEC) and other projects. COAS was given a detailed briefing on Integrated Security Mechanism led by the SSD. He reiterated Pak Army's commitment to ensure security for CPEC and the work force involved. He emphasised upon the value we attach to the Chinese help and assistance extended in making this projects a success. COAS also said that Pakistan Army is fully aware of the hostile agenda against CPEC and that the security forces are fully prepared to defeat their design. He appreciated SSD for their level of preparedness and arrangements for execution of the assigned mission and tasks. Earlier, COAS was received by GOC SSD Major General Abid Ra

Haitham Baloch

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Security agencies in Balochistan received 96 threat alerts in two months: DIG SYED ALI SHAH PUBLISHED MAR 08, 2017 03:45PM DIG Police Abdul Razzaq Cheema addresses a press conference on security in Balochistan. ─Asmatullah Kakar Law enforcement agencies in Balochistan received 96 threat alerts related to terrorism over the last two months, Deputy Inspector General (DIG) Police Abdul Razzaq Cheema revealed on Wednesday. "In Quetta alone, we have received 40 threat alerts," the DIG said, as he addressed a press conference in Quetta on Wednesday. The threat level remained high across Balochistan and the police remained on high alert to avert any terror act, Cheema added. The DIG said 71 suspects were arrested during 52 intelligence-based operations in the province. ARTICLE CONTINUES AFTER AD Cheema further informed that 753 illegal immigrants and 92 proclaimed offenders were arrested by police during various raids in Quetta. Law enfor

Hascol to expand operations to Balochistan By  Salman Siddiqui Published: March 9, 2017 KARACHI :  Hascol Petroleum Limited has announced that it will expand its operations to include Balochistan keeping in view infrastructure development in Gwadar and the China-Pakistan Economic Corridor (CPEC). It has emerged as the first major oil marketing company that has planned to construct an oil storage facility in one year’s time and retail outlets in the province. Global crude rates: Prices of petroleum products set to rise by 38.6 per cent Company Secretary Zeeshan ul Haq, in a notification to the Pakistan Stock Exchange on Wednesday, said, “Hascol Petroleum Limited has entered into a lease agreement with Byco Petroleum Pakistan Limited for construction of a storage facility at Mouza Kund, Balochistan.” The storage facility will be constructed by Hascol Petroleum Limited on approximately eight acres of land and is designed to cater to a total capacity