८ पुस २०८१, सोमबार | December 23, 2024

Pakistan PM Shehbaz Sharif invites Turkey to join China-Pakistan Economic Corridor again



Islamabad: Pakistan Prime Minister Shehbaz Sharif has invited Turkey to join the China-Pakistan Economic Corridor (CPEC) again on Wednesday, reported Dawn.

Prior to this, Sharif had extended an invitation to Turkey to join CPEC in November of last year in order to reduce poverty and promote prosperity in the region. He had suggested months prior that China, Pakistan, and Turkey form a “trilateral arrangement” around CPEC in order for all three countries to profit from its potential, according to Dawn.

The Prime Minister made these comments while speaking during the fourth Milgem class corvette’s launch at the Karachi Shipyard on Tuesday, where Turkish Vice President Cevdet Yilmaz was also present.

Speaking at the ceremony in Karachi, the PM stated that while Port Qasim was a centre, Gwadar, where the business had “just started,” needed to be connected.

Notably, CPEC is a flagship project of China’s Belt and Road Initiative (BRI). Beijing’s international infrastructure investment programme, known as the BRI, a term established by China’s Xi Jinping in 2013, was created to rebuild China’s Silk Road, which linked Asia with Africa and Europe in order to boost trade and economic development, as per CNN.

Each year, the effort has seen billions of dollars poured into infrastructure projects, including the construction of ports from Sri Lanka to West Africa, the paving of motorways from Papua New Guinea to Kenya, and the provision of power and telecoms infrastructure for people in Latin America and Southeast Asia.

The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar project was introduced in 2013 and quickly dubbed the flagship extension of the Belt and Road Initiative.

Pakistanis hoped that this new development program will bring change and turn the country into a regional hub. However, the investment has only had debilitating impact on the South-Asian country.
Balochistan, an impoverished province with significant mineral potential, continued to bear the brunt of the CPEC projects being built on its territory with no expectation of financial gain. This sense of exclusion has fuelled a mass rebellion in Balochistan against the CPEC.

प्रकाशित मिति : १८ श्रावण २०८०, बिहिबार  ८ : ४१ बजे

डीपी अर्याल बने रास्वपाको कार्यवाहक सभापति

काठमाडौं । राष्ट्रिय स्वतन्त्र पार्टी (रास्वपा)ले डोलप्रसाद अर्याल (डीपी अर्याल))लाई

आर्थिक अनुशासन कायम गर्न बेरुजु हुनैनदिने गरी काम गरौंः मुख्यमन्त्री आचार्य

देउखुरी । लुम्बिनी प्रदेशका मुख्यमन्त्री चेतनारायण आचार्यले आर्थिक अनुशासन कायम

बुटवल देवीनगरमा महिलाको हत्या, श्रीमान पक्राउ

बुटवल । बुटवल उपमहानगरपालिका-११ देविनगरमा सोमबार एक महिलाको हत्या भएको

सहकारीको ऋण तिर्दिन भन्नु अराजकता हो : देवेन्द्र पौडेल

बागलुङ । नेपाल कम्युनिष्ट पार्टी (माओवादी केन्द्र)का सचिव तथा पूर्वशिक्षामन्त्री

नेप्से परिसूचक २८ दशमलव ९१ अङ्कले बढ्यो

काठमाडौं । नेपाल स्टक एक्सचेञ्ज (नेप्से) परिसूचक २८ दशमलव ९१