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Showing posts from March 14, 2018

Belt and Road Initiative discussed during Europe-Ukraine Forum Source:Xinhua Published: 2018/3/15 8:27:43 0 "The New  Silk Road  on the transcontinental transport corridors' map" was one of most crucial discussion panels during the 11th Europe-Ukraine Forum in Jasionka, southeastern Poland, which concluded Thursday.  Polish Minister of Infrastructure Andrzej Adamczyk is one of the speakers in the panel dedicated to the  Belt and Road  Initiative. He underlined the importance of creating the communication corridors between Europe and Asia, saying such corridors not only contribute to the development of the B&R Initiative, but most importantly help boost local economies and improve trade and cargo exchange.  "That is the sense in all this - the sense that we perceive the idea of one route, one road," Adamczyk said.  The minister also hoped for using this opportunity to extend the Polish A4 highway to Ukraine.  The highway, according to the minister, is of huge interes

Xi Jinping’s pet Belt and Road Initiative could be sticking point in India-China ties, say experts Xi Jinping's pet Belt and Road Initiative (BRI) can pose a "major challenge" in resetting China's ties with India, analysts here have said, days after the Chinese parliament backed his plan to rule indefinitely amid Sino-India rapprochement following the Dokalam standoff. By:  PTI  | Beijing | Published: March 14, 2018 1:45 PM NEXT The BRI also includes the China-Pakistan Economic Corridor (CPEC) which India opposed as it goes through Pakistan-occupied Kashmir. Xi Jinping’s pet Belt and Road Initiative (BRI) can pose a “major challenge” in resetting China’s ties with India, analysts here have said, days after the Chinese parliament backed his plan to rule indefinitely amid Sino-India rapprochement following the Dokalam standoff. The BRI, a multi-billion-dollar initiative launched by Xi when he came to power in 2013, has

The Chabahar Invitation   RECORDER REPORT  MAR 15TH, 2018   EDITORIAL Pakistan has invariably been outsmarted by Iran insofar as some real or perceived tensions emanating from the development of two ports - Gwadar and Chabahar - are concerned. Consider: Iranian Foreign Minister Dr Javad Zarif has invited Pakistan to participate in Chabahar seaport project and development of its link with Gwadar Port as he sought to allay Pakistan's legitimate concerns over Indian involvement in the Iranian port. "We offered to participate in the China-Pakistan Economic Corridor (CPEC). We have also offered Pakistan and China to participate in Chabahar," Dr Zarif reportedly said while delivering a lecture at the Institute of Strategic Studies Islamabad (ISSI) that had been held to commemorate the 70th anniversary of establishment of Pak-Iran diplomatic relations the other day. Dr Zarif is spot-on in relation to the criticality of the two ports for development of

Feasibility study completed for new terminal at Gwadar Feasibility study completed for new terminal at Gwadar March 15, 2018 ISLAMABAD - A Parliamentary committee was Wednesday informed that China Overseas Port Holding Company (COPHC) has✔  completed feasibility   study  for the construction of 1000 meter long new  terminal  with 5 additional berths  at  Gwadar. Briefing the 65th meeting of the Standing Committee on Planning, Development and Reform here, Gwadar Port Authority Chairman Dostain Khan Jamaldini said that the  feasibility   study for the construction of new  terminal   at Gwadar was  completed  and ✔ 300 employees of COPHC are currently working  at  site. The meeting was held under the chairmanship of Abdul Majeed Khan Khanankhail, MNA. The committee was informed that ✔Gwadar port has been operational and first ever container vessel MS Tiger under CPEC project arrived  at  Gwadar Port on 7th March and second on 14th March, Jamaldin

Liner service to Gwadar Port a success story: VP FPCCI Islamabad Vice President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tariq Haleem has said that liner service to Gwadar Port by vessel MS Tiger is a success story under the auspices of China Overseas Ports Holding Company ( COPHC ). The VP FPCCI Tariq Haleem signed a Memorandum of Understanding (MOU) with Zhang Baozhong, Chairman CEO (COPHC). He said that the very basic infrastructure has been put in place, thus paving the way for upcoming projects and also enhancing the facilities to be put on fast track. Tariq Haleem said that FPCCI with COPHC has been working for some time to ensure commencement of regular cargo shipments at Gwadar Port to send a message to the world community that Gwadar Port is now operational. He also mentioned that Gwadar port is seen as a “FUTURE JEWEL” in the Pakistan China CPEC flagship of China’s “One Belt One Road” which is initiative to build a new silk

Financial close deadlines extended for CPEC power projects March 15, 2018 ISLAMABAD - Private Power and Infrastructure Board (PPIB) Wednesday allowed extension in  Financial   Close deadlines  of two 660 MW Thar coal based power projects and 660 kV HVDC Matiari-Lahore Transmission Line being processed under China Pakistan Economic Corridor (CPEC). The approval for the extension was given by the 115th meeting of the PPIB held here. Chairing the meeting, Minister for Power Awais Ahmed Khan Leghari said that the government realizes the importance of transmission lines in complimenting the upcoming power generation projects. "Current transmission network needs to be strengthened and made reliable to support government's aim of achieving sustainability in the system," he said. He emphasized that the government was working on upgrading the existing transmission network to make it more reliable and efficient and NTDC has been asked to tak

CPEC not against any country but for peace, prosperity of all nations: Sartaj ISLAMABAD : Deputy Chairman Planning Commission Sartaj Aziz says China-Pakistan Economic Corridor is not against any country but for peace and prosperity of all nations around the globe. Addressing Pakistan Capital Investment Summit and Expo 2018 in Islamabad today (Wednesday), he said CPEC is not just about roads and infrastructure, but it is all about people to people connectivity for brighter future of the world. Sartaj Aziz said that CPEC is not just about roads and infrastructure but it is all about people to people connectivity for the brighter future of the world. “CPEC will transform our country into an economic power that all the Pakistanis wanted,” he added. While commenting on the economic growth, he said that Pakistan remained stuck at merely 3 per cent growth rate from 2006 onwards for almost 7, 8 years but during last 4 years of current government economic growth witn

Chinese silk exhibition makes shiny debut in Israel Source: Xinhua |  2018-03-15 01:26:11 | by Xinhua writers Chen Wenxian, Du Zhen JERUSALEM, March 14 (Xinhua) -- Israelis got a chance to look closer at 27 exquisite silk costumes displayed at a Chinese silk exhibition named "In Praise of Silk: Fashion with Tradition in China," which tells about China's silk-related stories. Opened in the China Cultural Center in the coastal city of Tel Aviv on Tuesday, the silk exhibition demonstrated the process and change of the Chinese silk costumes through three different parts, namely history, craftsmanship and Chinese elements. Except for silk costumes brought from China National Silk Museum, which is located in east China's Zhejiang Province, Chinese calligraphy, traditional painting, paper-cuts and Chinese seals were also presented at the exhibition. Silk is the keyword of the exhibition, which provided an opportunity to approach and experience silk embroidery

The myth of a neo-imperial China The myth of a neo-imperial China New Silk Road infrastructure projects could bring back a peaceful and prosperous Eurasia By PEPE ESCOBARMARCH 14, 2018 5:15 PM (UTC+8)1405  Chinese President Xi Jinping attends the Roundtable Summit Phase One Sessions of the Belt and Road Forum. Photo: Reuters, Lintao Zhang The geopolitical focus of the still young 21 st  century spans the Indian Ocean from the Persian Gulf all the way to the South China Sea alongside the spectrum from Southwest Asia to Central Asia and China. That happens to configure the prime playing ground, overland and maritime, of the New Silk Roads, or the Belt and Road Initiative (BRI). The dailyReport Must-reads from across Asia - directly to your inbox The epicenter of global power shifting East is ruffling feathers in some US political circles – with a proliferation of parochial analyses ranging from Chinese “imperial overstretch” to Xi Jinping’s Chinese Dream

UN must analyse legal aspect of CPEC, says Baloch activist ANI | Geneva [Switzerland] | Last Updated at March 13 2018 19:15 IST Pakistan and China have no legal rights to carry out any economic activity in Balochistan, a territory under Pakistani occupation, said Baloch political activist Munir Mengal during the 37th UN Session on Human Rights here on Tuesday. Speaking after a side event titled "Economical development and social justice - special reference to China-Pakistan Economic Corridor (CPEC) project" at the United Nations, Munir Mengal of Baloch Voice Association told ANI, "The main aim of event was to present legal consequences of the project as the Baloch people from the first day have not recognized Pakistan as a state and have claimed that Pakistan had occupied their land by force. "If a country has occupied a land by force then what sort of rights that state has to make on such sort

5 New Silk Road Projects That Will Alter Your View Of How The World Works Wade Shepard  ,    CONTRIBUTOR   We’re talking about formally remote and disconnected regions becoming linked-in hubs of regional logistics Azerbaijan has roughly 30 years of oil left, and its transition towards its logistics economy is currently a national priority. A young woman in Chongqing on May 31, 2017. (FRED DUFOUR/AFP/Getty Images) The projects of the New Silk Road are like pieces of a puzzle scattered all across a clutter-filled room. You see some here, some there, but you don’t really think much of any of them in and of themselves. On their own, conventional perceptions of them tend to range from moderately impressive to downright mind boggling—why are resource-dependent nations building massive transport hubs in the middle of nowhere? It’s only when we start to connect the dots do we see how these these pieces come together to form a much la

CPEC mess: Chinese company building Gwadar Port operating in Pakistan illegally, lawmakers told     Pakistani officials seem to have no idea who actually owns the company that is building Gwadar Port. (File picture) By Zee Media Bureau | Updated: Mar 14, 2018, 12:37 PM IST Pakistan found itself in yet another mess with regards to the China-Pakistan Economic Corridor (CPEC). A high-level committee of the country's National Assembly has ordered an investigation into the Chinese company that is building and operating Gwadar Port. The move came after the committee was told that the company has been functioning illegally as it does not have security clearance. The Standing Committee's decision to order the probe comes on the basis of concerns raised in a recent article by a leading Pakistani financial daily that Pakistan officially has no idea who owns China Overseas Ports Holding Company-Pakistan (COPHC-Pakistan), which is building an