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Showing posts from March 5, 2021

India wants Chabahar Port in North-South Transport Corridor to counter China’s moves to link it with Belt-and-Road Initiative

With China wooing Iran to take part in its cross-continental connectivity project, India has called for expansion of the INSTC to include Uzbekistan and Afghanistan             Anirban Bhaumik,  DHNS, MAR 04 2021, 23:45 IST   UPDATED: MAR 05 2021, 10:56 IST Credit: chabaharport.pmo.ir Amid signs of a growing partnership between Beijing and Tehran, New Delhi has proposed the inclusion of the Chabahar Port on the southeastern coast of Iran in the International North South Transport Corridor (INSTC), which is being seen as a counterweight to the Belt-and-Road Initiative (BRI) of China. With China wooing Iran to take part in its ambitious but controversial cross-continental connectivity project, India has called for expansion of the INSTC to include Uzbekistan and Afghanistan. External Affairs Minister S Jaishankar on Thursday said India welcomed the interest of Uzbekistan and Afghanistan to join the INSTC. “India has also proposed the inclusion of Chabahar in the INSTC route. I am hopeful

Investors briefed on untapped potential of Balochistan

SALEEM SHAHID QUETTA: With Gwadar being connected to the new Silk Road, the region has become a gateway for exploration of new markets and opportunities in the province, the Balochistan Board of Investment & Trade (BBoIT) CEO Farman Zarkoon said on Thursday. In a meeting with a delegation of businessmen, Mr Zarkoon gave a briefing on the BBoIT, adding that the board, under the leadership of Balochistan Chief Minister Jam Kamal Khan Alyani, has achieved many goals and facilitated investment in the province. The BBoIT CEO apprised investors about the incentives given by the federal and provincial governments. The board has taken all possible steps to promote business and industrial activities in the province, he said. The CEO further urged the business community and investors to take advantage of the opportunities available in the province. Huge investments in minerals, fisheries, trade and transportation, tourism, industry, livestock, agriculture, energy and other potential sectors