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The future of Chabahar Port

 Harsh V. Pant Tehran, Dec 13, IRNA – Last week saw the inauguration of the first phase of the strategic Chabahar port by Iranian President Hassan Rouhani in the presence of officials from 17 countries. India is central to this port project as it remains keen on opening a trade …

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سیندک پروجیکٹ معاہدے سے معلق دائر آئینی درخواست کی سماعت

کوئٹہ: بلوچستان ہائی کورٹ کے جسٹس جناب جسٹس جنرل خان مندوخیل اور جسٹس جناب جسٹس محمد کامران خان ملاخیل پر مشتمل ڈویژنل بینچ کے روبرو سیندک پروجیکٹ لیز معاہدے سے متعلق دائر آئینی درخواست کی سماعت ہوئی ۔ سماعت کے دوران فریقین کے وکلاء سمیت دیگر پیش ہوئے بلکہ چینی …

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6th Iran-Pakistan border committee meeting begins

QUETTA: The first sitting of Pak-Iran trade session amid both neighboring countries’ business community and government officials was held on Monday here in Quetta. First round of discussion to foster Pak-Iran trade was held between Custom Collector Quetta Ashraf Ali and Nadir Mir Shikar heading the Iranian delegation. The session …

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Centre reworking Chabahar deal as US sanctions loom

The looming US sanctions on Iran has put the deal for Chabahar port between India and Iran on the fast-track. The two countries are working on amending the clause that mandates activation of the deal after receiving funding from India. Under the May 2016 pact, India was to pay Rs …

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Provinces miffed at IMF’s proposal to cut NFC share

KARACHI: Taking umbrage at the suggestion that they reduce their share from the federal pool of reserves, the four provincial governments of Pakistan said on Thursday that they would strongly resist the move. The idea was proposed by the International Monetary Fund (IMF) as part of measures to strengthen Pakistan’s federal …

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Govt of Pakistan fires back at critics of CPEC debt

Khaleeq Kiani ISLAMABAD: Outflows under China-Pakistan Economic Corridor (CPEC) will begin in 2021 and peak over the next three years without creating a debt trap, an official of the Planning Commission with knowledge of the financing arrangements told Dawn on condition of anonymity. Separately, the Planning Commission released a lengthy …

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Saudi Arabia’s oil refinery in Gwadar likely to threaten Chabahar port, make China part of Tehran and Riyadh war

Hong Kong: Pakistan’s latest announcement about Saudi Arabia’s investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. A Zerohedge article claims that Pakistan’s move comes from a “desperate” need for funding to ward off a financial crisis stoked by …

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China has no objection to Saudi investment in CPEC: Ambassador

Chinese Ambassador to Pakistan Yao Jing on Wednesday said China had no objection to Saudi Arabia investing in the China-Pakistan Economic Corridor (CPEC). “We welcome investment in CPEC,” the ambassador told journalists at the Quetta Press Club. Following Prime Minister Imran Khan’s visit to Saudia Arabia last month, the government …

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Pakistan would become hub trade activities: Governor

QUETTA: Governor Balochistan Justice (Retd) Amanullah Khan Yasinzai has said that Pakistan would become a great hub trade activities as a result of China Pakistan Economic Corridor Project. Addressing a ceremony held at a local hotel in Quetta tonight in connection with 69th Anniversary of the founding of the People’s Republic …

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World Bank sees fragile economic situation in Pakistan for two years

ISLAMABAD:  Pakistan’s economic situation is expected to remain fragile for at least two years as a combination of low economic growth and high inflation due to stabilisation policies will undermine efforts to lift people out of poverty and create jobs, says a new World Bank report. Findings of the World …

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