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Showing posts from November 4, 2018

The mysterious case of land acquisitions in Balochistan

Maqbool Ahmed A soldier stands guard in Gwadar | Reuters Mir Ibrahim Bizenjo owns land – a huge amount of it – in various parts of the coastal district of Gwadar. He also owns a lot of large motorised fishing boats — some registered in Pakistan, others in Oman across the Arabian Sea from Pakistan’s Makran coast. And he has a business partner, Mir Imam Bizenjo, who is known as far as the United States. The two are related too: Ibrahim Bizenjo’s son Charagh is married to Imam Bizenjo’s daughter. The latter has been designated as a drug trafficking “kingpin” by the United States since 2009 under a law that bars “significant foreign narcotics traffickers” from doing business with American banks. A list of such “kingpins” issued by the American government referred to him with various aliases including Imam Bheel. Imam Bizenjo has been in the news – both before and after that designation – for all the wrong reasons and yet he has not attracted much public attention. Way back in 1998,

Pakistan, China vow to make CPEC a success

* Both sides dismiss negative propaganda against multi-billion dollar initiative * Agree to take concrete measures to address trade imbalance * Decide to enhance cooperation against 'three evils' of extremism, terrorism and separatism * Underscore the need for all countries to avoid politicization of UN sanctions regime and work of FATF News Desk NOVEMBER 5, 2018 ISLAMABAD:  Pakistan and China on Sunday reaffirmed their complete consensus on the future trajectory of China-Pakistan Economic Corridor (CPEC), timely completion of its ongoing projects and joint efforts for realization of its full potential with a focus on socio-economic development, job creation and livelihoods as well as accelerating cooperation in industrial development, industrial parks and agriculture. Both sides reviewed the early harvest phase of the CPEC and expressed satisfaction that rapid progress has been made in all areas especially in the energy sector. The two sides agreed on strengthening Ch

Deciphering myths: CPEC not a debt trap as liabilities quite manageable

By  Saddam Hussein Published: November 5, 2018 CPEC route. PHOTO: REUTERS ISLAMABAD:  The China-Pakistan Economic Corridor (CPEC) is not a creeping colonisation project as many experts portray it as such. Yet CPEC manages to be a buzz word, with a negative connotation, for the international media and power corridors. After the recent trade war between China and the US, the project has once again come under verbal attack. The US calls the Belt and Road Initiative (BRI) a “Made in China, Made for China” initiative while India says this initiative does not respect sovereignty. Deep down the issue is a power struggle, instigated by the US and India against China and Pakistan. The strategy to malign the project has become part of the greater hybrid warfare for dominance in global affairs. It is being depicted these days that Beijing is laying a debt trap for Islamabad, which will make the latter dependent on the former, in the long run. On the contrary, China has decided to extend f

Regional Security Arrangements: China Pakistan Economic Corridor (CPEC)

Gwadar port of Pakistan. Photo by Umargondal, Wikimedia Commons.  November 5, 2018   Wajih Ullah*    0 Comments By  Wajih Ullah* The 21st century is an era of new arrangements in international political system. The major powers keep focusing developments takes place in world politics or regional alignment. China and Pakistan all weather friends, celebrating 70 years of their strong diplomatic, political, security and strategic partnership, portraying “deeper than oceans and higher then mountains”. The major hallmark of this friendship shifts into strategic model, after signing a “China Pakistan Economic Corridor”. The flagship project proposed by Chinese President Xi Jinping under the umbrella of “One Belt One Road”, the revival of Ancient Silk Road, the “Game Changer” for this region , worth of $62 billion dollar, connecting the 68 countries via land and maritime routes, linking three continents of Asia, Africa and Europe. China Pakistan Economic Corridor enliven Pakistan strateg

Exposing China’s overseas lending

Emerging-market borrowing from China is seldom in the form of securities issued in international capital markets Last Published: Mon, Nov 05 2018. 06 47 AM IST Carmen M. Reinhart The IMF’s Christine Lagarde recently emphasized that granting Pakistan’s request for IMF assistance would require ‘absolute transparency’ regarding the country’s debts. Photo: Bloomberg Over the past 15 years, China has fuelled one of the most dramatic and geographically far-reaching surges in official peacetime lending in history. More than 100 predominantly low-income countries have taken out Chinese loans to finance infrastructure projects, expand their productive capacity in mining or other primary commodities, or support government spending in general. But the size of this lending wave is not its most distinctive feature. What is truly remarkable is how little anyone other than the immediate players— the Chinese government and development agencies that do the lending and the governments and state-o

Several abducted from Gwadar district in two days

November 4, 2018 From news desk of *(The Balochistan Post)* brought to you by *(Current Balochistan)* As many as thirteen persons have been abducted from the district in two days as Pakistani security forces raid several localities in Gwadar According to the details received by the Balochistan Post, in a late night raid in Jewni tehsil of Gwadar district, forces, according to local media, picked as many as 12 persons from ‘Robar o Paso’, a locality in Jewni. Forces carried out the raid after cordoning off the area and carried out a door-to-door search operation. 12 youngsters were arrested and taken away by the security forces. Identification of the missing could not be ascertained immediately. Forces had conducted a raid in ‘New Town’ of Gwadar city the previous night and picked up a man whose identification still remains unknown. The series of raids started in the wake of last week’s incident when 5 labourers were killed and another three were injured by an armed Baloch group