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Showing posts from July 20, 2017

61% Population in Balochistan Facing Food Insecurity. Parliamentarians in Balochistan Vow to Eliminate Hidden Hunger and Nutrition Challenges QUETTA : Mishal Pakistan, Australian High Commission and World Food Program briefed the parliamentarians in the Balochistan assembly on the alarming situation in the province. The key focus is to capacitate policy makers for a more harmonized mechanism to ensure service delivery to the citizens. The initiative aims to facilitate the knowledge flow among key stakeholders to “Eliminate Hidden Hunger and Nutrition Challenges”. Speaking on the occasion, Ms.RahilaHameed Khan Durrani, Speaker Balochistan Assembly said, we thank Mishal Pakistan for collaborating with the Parliamentarians to develop smart policy making to “Eliminate Hidden Hunger” from Balochistan. She further added “We need to engage institutions, academia and bureaucrats to make it part of the legislation for sustain

Advancing CPEC by stealth Khurram Husain Published on July 21, 2017 The corridor is only minimally about transit trade. The power plants, too, are little more than ‘early harvest projects’. Dawn (Pakistan) carried a report back in May revealing a document that could be called the CPEC master plan. That report drew a sharp response from the government, particularly the minister planning who is in charge of all CPEC coordination. He argued that the report was “factually incorrect” and that the real long-term plan was under negotiation and would be released to the public upon finalisation. But a number of developments since then show that the plan as revealed, far from being “factually incorrect”, is in fact being implemented as we speak. The implementation is taking place below the headlines, and many of the initiatives outlined in the plan are being advanced by burying them under other policy initiatives to give them a different name an

Private sector urged to play role to multiply CPEC gains

July 21, 2017      ISLAMABAD/RAWALPINDI -  Private sector has immense potential to supplement the China Pakistan Economic Corridor (CPEC) projects and stimulate industrialisation in the country, said Board of Investment (BoI) Secretary Azher Ali Choudhary on Thursday. While addressing a session of “All Pakistan Chambers Committee on CPEC” organised by Rawalpindi chamber of commerce and Industry (RCCI), he said, “Private sector’s role will accelerate development to generate employment, scale up practical solutions especially for non-infrastructural development along the CPEC such as healthcare, water and food supplies, education, and housing, and to plug gaps in developmental and financial challenges.” He further said that Pakistan and China are tied up in strong brotherly relations since the establishment of their diplomatic relations more than half a century ago. The mutual understanding and goodwill has certainly enabled substantial enhancement of bilateral co-operation in all

Giant Pandas Can't Hide Europe's Caution Over China By  David Tweed July 21, 2017, 3:30 AM GMT+5:30 Xi has yet to make good on promises of openness made at Davos Germany tightens foreign investment rules in response to China Chinese President Xi Jinping and German Chancellor Angela Merkel were all smiles as she accepted  two giant pandas  for Berlin zoo this month, but underlying tensions over trade and investment suggest that building on their informal alliance will be difficult. While Merkel and Xi have been nudged into picking up the leadership baton on global issues like climate change since President Donald Trump’s inauguration, their shared interests only go so far. Like other nations in Europe, Germany is cautious about China’s sincerity as a self-professed champion of globalization. Addressing Xi during his visit to Berlin, Merkel said Germany was ready to take part in Xi’s signature foreign policy initiative

A closer look at China’s import-processing zones Is China really opening up consumer markets? TRISTAN KENDERDINE 21 JULY 2017 China is enacting reforms to normalise the importation of goods for domestic consumption. Yet any opening of the Chinese market will be selective and will serve state industrial policy, Tristan Kenderdine writes. China’s 2016 e-commerce  13th Five-Year Plan  was a signal to the domestic economy that was largely ignored by international firms. It would, however, cause complications for companies in developed economies that have been profiting from grey market cross-border trade with China. The business model for such firms was simply to let overseas Chinese buy products off the shelf in Europe, Australia, Japan, Korea and the US and ship the goods back to China using personal networks loosely organised through WeChat. As it becomes a net-importer and consumer of higher value-added goods, China is moving to regulate this trade. Chin

Energy agenda of China’s Belt and Road Initiative      My Cup Of Liberty  Bienvenido S. Oplas , Jr. Posted on  July 21, 2017 In a presentation during the Asia Pacific Pathways to Progress Foundation, Inc. ( APPFI ) round table discussion on China Belt and Road Initiative (BRI) last July 11 at Astoria Plaza, Ortigas, APPFI president Dr. Aileen Baviera said that BRI is China’s new international development strategy. It will link China to the larger Asian region, Europe, and Africa through connectivity of policy coordination, facilities/infrastructure, trade/markets, finance (investments, loans, grants, AIIB ), and people. The Silk Road Economic Belt will span China, Central Asia, Russia, Europe while the 21 st  century Maritime Silk Road will span eastern China, South China Sea, Indian Ocean, Mediterranean, North Africa, Europe) + SCS-South Pacific and China-Europe via Arctic, covering 65 countries, 3

The ‘Silk Road’ Verdict Why China's massive infrastructure plan won't measure up to economic reality Chinese workers at a pier in Qingdao, China, on April 13, 2017. The Belt and Road Initiative is supposed to boost trade both by land and by sea. (STR/AFP/GETTY IMAGES) By  Valentin Schmid ,  Epoch Times   July 20, 2017 Last Updated: July 20, 2017 2:18 pm The idea, at first, sounded good: Plow trillions of dollars into infrastructure projects in the barren wasteland that is most of central Asia, and trade will start to bloom, economies will prosper, and peace will reign. However, most experts believe real world problems will result in the whole idea turning into nothing but a pipe dream. (VCG/VCG VIA GETTY IMAGES) The concept is called the Belt and Road Initiative (BRI), also known as One Belt, One Road, launched by Chinese regime leader Xi Jinping in March 2015. It has two elements: one landlocked route from China to Europe throug

Snakes in the backyard: China and Pakistan betray grand delusions Islamabad and Beijing think the infrastructure of terrorism can co-exist with economic infrastructure. POLITICS  |  4-minute read |    20-07-2017 SANDEEP UNNITHAN   @ sandeepunnithan The US State Department’s July 20  report on terrorism  was stark in its assessment of Pakistan’s role in the fight against terrorism. Pakistan, the report said, provided “safe havens” for terrorist groups like the Lashkar-e-Taiba (LeT) and the Jaish-e-Mohammed (JeM). The annual US " Country Report on Terrorism 2016 " articulates mounting US dissatisfaction with a one-time ally. Just five days before the report was released, the US House of Representatives tightened the screws on Pakistan. The legislation passed by the house makes it mandatory for the Pentagon to certify that Pakistan is not providing "military, financial, or logistical support" to individuals designated

CPEC an agenda of mutual prosperity: Tehmina Islamabad: Foreign Secretary Tehmina Janjua said that the message for detractors of China Pakistan Economic Corridor (CPEC) was crystal clear as this project was an agenda of mutual prosperity not just for Pakistan and China but for the entire region. Ms Janjua further said China and Pakistan stand shoulder to shoulder in developing CPEC on the agreed timelines. “We are fully aware of the challenges being faced in development of CPEC. Our eastern neighbour has publicly announced its opposition to CPEC but their grounds of opposition are baseless. Their opposition to development and prosperity for Kashmiris is appalling. They seem nervous at the possibility of dividends CPEC would bring for Pakistan” Foreign Secretary Tehmina Janjua said in her key note address in a conference on CPEC organised by Pakistan Council on China (PCC) here on Wednesday. “We will continue to march ahead with complete deter

FPCCI re-assures support to CPEC   SHOAIB UR REHMAN SIDDIQUI    JUL 21ST, 2017 00:20   0  VIEWS: 10 KARACHI: FPCCI Vice President, Saqib Fayyaz Magoon re-assures full support, on behalf of Federation of Pakistan Chambers of Commerce and Industry, to China-Pakistan Economic Corridor describing the project equally beneficial for the entire region.  He was speaking at a seminar titled " Dynamic of CPEC : Priorities and Preparation of Pakistan" organized by the Directorate General of Training and Research (Customs), says press release here on Thursday.  Highlighting on important aspects of CPEC, FPCCI Vice President regretted that some negative elements were creating hindrance to CPEC but FPCCI stance was very much clear and would continue support this project whole heartedly.  He said CPEC was an opportunity for the development and progress for the region and shall prove to be a big game changer. For getting maximum benefits fro

Govt to set up 46 SEZs along CPEC route By  Our Correspondent Published: July 20, 2017 PHOTO: REUTERS KARACHI :  In a recent chain of events, the Board of Investment (BoI) announced that the government was planning to establish 46 Special Economic Zones (SEZs) along the China-Pakistan Economic Corridor (CPEC) route in the long run, stated a press release. During the Pak-China Joint Cooperation Committee meeting held in Beijing, nine out of the 46 zones have been declared priority projects. Chinese companies are simultaneously working on numerous projects relating to infrastructure, energy and railways under CPEC. ECC allows sugar export, but defers decisions on CPEC and circular debt ADVERTISEMENT Ad All Pakistan Business Forum (APBF) President Ibrahim Qureshi highlighted that the products to be manufactured in the economic zones would not only be exported, but could also be sold in the local market. This will make the zones ideal for investor

Pakistan is where OBOR hits the road ST ILLUSTRATION: MANNY FRANCISCO Despite its fulsome promise, the US$62b plan by China to boost Pakistan's infrastructure may not be all good for the flailing South Asian economy. Ravi Velloor Associate Editor   For much of the world, the jury's still out on China's Belt and Road initiative, better known as the One Belt, One Road (OBOR) programme. While some countries have embraced it enthusiastically, others, such as the United States and Japan, have tried to be polite about it, going along warily without fulsome endorsement. A few, India particularly, are openly disdainful, if not hostile to the plan. That's because they see it not as the Chinese grand design for globalisation that it is projected to be, but a Beijing plan to entrap the world in its grasp even as China looks for ready export markets for its tottering state-owned enterprises. In the more than 60 nations that span President

Report: ‘Silk Road’ for Chinese trade to open through Balkan rivers  18.07.2017 | 22:39 An ambitious project that if implemented will alter the transport landscape throughout southeastern and central Europe Greece and Serbia are discussing an ambitious project that if implemented will alter the transport landscape throughout southeastern and central Europe. The project that is also under discussion in China will include a waterway linking the Mediterranean Sea via the Axios River in Thessaloniki, to the Danube and the existing river transport network in Europe and the Black Sea. The project is huge , says a report in Kathimerini, but as it serves the interests of an economic giant like China, it is doable. In recent years, talks about the project have been held at a top level between Belgrade, Skopje, Athens and Beijing. The topic was brought about at the recent meeting between