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Showing posts from January 28, 2018

New momentum for Cambodia-India ties Mn  January 29, 2018 New momentum for Cambodia-India ties Chheang Vannarith / Khmer TimesShare:     Prime Minister Hun Sen, left, and India’s Prime Minister Narendra Modi last week. AFP Prime Minister Hun Sen wrapped up his state visit to India yesterday, with new hope and commitment to strengthen the bilateral partnership between the two countries and their people. Both sides issued a joint statement covering a wide range of areas of cooperation and signed four agreements on the prevention of human trafficking, mutual legal assistance on criminal matters, cultural exchanges and a dollar credit line agreement of $39.92 million for the Stung Sva Hap water resource development project. Under the leadership of Prime Minister Narendra Modi, who has upgraded India’s Look East Policy to India’s Act East Policy, India has been actively promoting its regional role and influence in Asia. India is an emerging a

China Infrastructure Push Reaches Arctic, Leaving Out U.S. By  Ting Shi January 29, 2018, 2:30 AM GMT+5:30Updated on January 29, 2018, 9:31 AM GMT+5:30 ✔Xi adds Arctic, Latin America to Belt and Road Initiative ✔Latest expansion leaves out only Canada, Japan and U.S. ✔The sun never sets on China’s trade and infrastructure ambitions. With the addition of the Arctic and Latin America last week, Chinese President Xi Jinping’s signature Belt and Road Initiative has become truly global. Only the U.S., its neighbor Canada and ally Japan have yet to be included in the plan, which seeks to build or upgrade a network of highways, railways, ports and pipelines. China added the two regions -- about 33.7 million total square kilometers (13 million square miles) -- in the span of five days. First, Xi  urged  the creation of a “Trans-Pacific Maritime Silk Road” in a Jan. 22 message to a gathering of leaders from Latin American and Car

PAKISTAN WANTS TO BUY MILITARY SUPPLIES FROM RUSSIA AND CHINA AFTER U.S. FUNDING FREEZE BY  CARLOS BALLESTEROS  ON 1/28/18 AT 2:31 PM   As the relationship between the United Sand Pakistan continues to deteriorate, signs of a  formidable axis  in Central Asia emerges. In an  interview  with the  Financial Times  published on Sunday, Pakistan's defense minister Khurram Dastgir Khan said his country was undergoing a "regional recalibration" of its "foreign and security policy." Part of that regional recalibration involves Pakistan reaching out to Russia and China for new military supplies. “The fact that we have recalibrated our way towards better relations with Russia, deepening our relationship with China, is a response to what the Americans have been doing," he said. Khan's comments come three weeks after Beijing  revealed  it would build an offshore naval base near Gwadar Port in the Pakistani province of Balochistan. Keep Up With This Story And M

Blossoming Gwadar Khaleeq Kiani January 29, 2018 Early signs of a small Gwadar town transforming into a new international port city have started to materialise. Most roads are freshly carpeted and sprawling buildings are sprouting up around Gwadar but blue virgin beaches and a coastline of around 1,000 kilometers from Karachi to Gwadar paint a history of neglect. This is more pronounced for a city that sits on the strategic mouth of the Arabian Gulf and the Strait of Hormuz, witnessing the movement of large oil shipping lines to Asia, Africa and Europe. The landscape of fishermen and boat makers’ shanty dwellings is fast changing into modern houses, business centres and hospitals, raising hopes that a potential business hub may be just a few years away. ARTICLE CONTINUES AFTER AD While this may materialise as China opens up its western borders for development and mitigates transportation risks, with relocation of Beijing’s surplus production infrastructure and i

Work On Gwadar's Water, Electricity Projects In Full Swing   Faizan Hashmi   22 hours ago  Sun 28th January 2018 | 12:20 PM The progress on several projects by Pakistan government and China is in full swing. Gwadar, (UrduPoint / Pakistan Point News - 28th Jan, 2018 ):To meet the ongoing acute water  shortage  and  electricity  demands of Gwadar, the progress on several projects by Pakistan   government and  China  is in full swing. ▼ Scroll for more ▼ ADVERTISEMENT The government has launched five schemes to ensure the availability of clean water in Gwadar   and to resolve the issue by mid of 2018. Director General of the  Gwadar  Development Authority Dr Sajjad Hussain Baloch told APP on Sunday that with one sufficient rainfall, three dams namely Akra Kaur, Sawad and Shadi Kaur, can provide up to 10 million gallons per day (MGD) of water to  Gwadar  for next five years. He mentioned that pipeline from Sawad  dam  to  Gwadar  city would brin

Gwadar, Pakistan’s new boomtown, needs a sustainability check By  Faran Mahmood Published: January 29, 2018 PHOTO: AFP ISLAMABAD :  Gwadar, Pakistan’s new boomtown, is all set to celebrate its Free Zone status on the occasion of the first Gwadar Expo 2018. Hailed as the next ‘Shenzhen,’ the smart port city offers a combination of tax-and-tariff incentives, streamlined customs procedures, and a less stringent regulatory environment. Pakistan’s record on SEZ (special economic zones) has not been great but it does boast of a few industrial clusters that have created thousands of jobs over decades. This growth of industrial clusters has almost always been organic – contrary to a ‘top-down’ push from the government in the case of SEZs. Many plans to create SEZs in KPK in the past have fallen far short of their objectives because of government’s piecemeal approach to deregulation. PM to visit Gwadar amid concerns over anti-CPEC propaganda However,

Gwadar to be region's big trade hub: COPHC PM opens first Gwadar Expo today January 29, 2018 ISLAMABAD - Prime Minister Shahid Khaqan Abbasi will inaugurate the two-day event being attended by foreign dignitaries, ambassadors and people from business community across the world while China Overseas Port Holding Company (COPHC) Chairman Zhang Baozhong said with construction of Free Zone, the port city of  Gwadar would become a big commercial hub in the  region  . The expo aims at highlighting the significance of  Gwadar  Port and  Gwadar Free Zone as emerging business hub and create maximum awareness about the full scope of  Gwadar  Projects. It will also provide a platform for interaction between local and foreign business entrepreneurs, financiers, investors and government officials to utilize the benefits of this mega project for enhanced investment, business and employment opportunities. The expo is being jointly organized by  Gwadar  Develo

Bringing technological development into CPEC By  Shahid Javed Burki Published: January 29, 2018 SHARE   TWEET The writer is a former caretaker finance minister and served as vice-president at the World Bank Initially, the China-Pakistan Economic Corridor (CPEC) initiative will focus on two sectors: energy and highways. The bulk of the funds that are coming in are committed to solving Pakistan’s energy problem. This has crippled the economy and has put a lid on the rate of future growth. It is wise to address this problem even if it means using some of Pakistan’s abundant coal reserves. The impact of this focused investment will be immediate. But there are other contemplated investments that will have long-term benefits. Work has also begun on improving the handling capacity of the port of Gwadar and on building a network of highways that will fan out from it to the country’s interior. The roads will come together into one high-altitude highway

Why CPEC Is A Win-Win For China And Pakistan GLOBAL POLITICS By  Riaz Ahmed Rustamani On  Jan 28, 2018    0 CPEC is a multipurpose project including the network of roads, railways, seaports, airports, development, infrastructure, and many job opportunities. In this project, China will connect its province Kashgar to the Pakistani seaport Gwadar. This route aims to have easy and short access for China to reach in the world markets for trade and importing oil. This project is known as a game changer for Pakistan. In fact, this is a win-win project for both countries. China will get easy and short access to Asia and Europe for its trade and importing oil. Presently, China is using a lengthy and disputed sea route of 15,000km from the South China Sea to access the Middle East and Europe. While, through CPEC route, China has to just travel for 3,000 km for accessing world markets. On the other hand, this project is the fortune changer for Pakistan as well. Pakistan aims to gain development, infr

Baloch activists protest against China-Pakistan Economic Corridor Posted at: Jan 29, 2018, 9:52 AM Last updated: Jan 29, 2018, 9:52 AM (IST) London, January 29 The Free Balochistan Movement (FBM) organised a two-day protest outside the Grosvenor Hotel in London, against the sale of Baloch lands in Pakistan’s port city of Gwadar by a property dealer ‘One Investments’. The protesters said China and Pakistan were aiming to change the demography of Balochistan by settling hundreds of thousands of Punjabis and Chinese in Gwadar. The protesters carried placards and banners against the China-Pakistan Economic Corridor (CPEC), sale of Baloch lands in Gwadar and human rights violations in Balochistan by Pakistan. Faiz Baluch, an activist of Free Balochistan Movement, said, “FBM has organised this two-day protest against China and Pakistan’s joint ventures and sale of Baloch lands in Gwadar.”  He said Baloch people urged the interna

Who is Financing the New Economic Silk Road? Posted on  September 21, 2017 by  Silk Road Briefing Reading Mode While the Belt & Road has become synonymous with China, fundamentally defining projects China has a vested interest in, the development of the new economic Silk Road overall includes much more than Chinese involvement (which is why this website refers to the Silk Road). While China generates much of the media’s attention, many other multilateral and national funds are also investing in the project. Some have been doing so for years, and may be somewhat perplexed by suddenly being described as “funding a B&R project”. Others have been specifically created to deal with particular regions and trade blocs. In fact, all countries involved in China’s Belt & Road will in one way or another have part of their own sovereign wealth involved, and especially when it comes to supporting their local industries and business interests. Fur