Belt and Road Initiative Current Affairs, GK & News

China defends CPEC

China has again defended its China-Pakistan Economic Corridor (CPEC) project, by terming it an economic initiative. What is the issue? CPEC is USD 60 billion project of China with Pakistan. While, India do not support the project as it passes through Pakistan-occupied Kashmir (PoK) region of India. China again has disregarded India’s protests stating that ..

Month: 

Category: 

Topics: 

UK, US call for alternative to China’s BRI

President of United States, Joe Biden and British Prime Minister, Boris Johnson have asked the democratic countries to provide an alternative to China’s infrastructure strategy called Belt and Road Initiative (BRI). Highlights Both the leaders held the discussions over phone. They discussed the issues including COVID-19 and global health security, China, Iran, climate change, and ..

Month: 

Category: 

Topics: 

Azad Pattan Hydropower Project

The Azad Pattan project is a hydropower project that is to be constructed in Pakistan occupied Kashmir. It is to be built on the Jhelum River and will have the capacity to generate 700 MW of hydroelectricity. This is a 1.35 billion USD project that is to be jointly undertaken by China and Pakistan as ..

Month: 

Category: 

Topics: 

New Military Deal between China and Pakistan

On November 30, 2020, General Wei Genghe of the People’s Liberation Army visited the Pakistani army headquarters located at Rawalpindi. During the meet the countries discussed matters of regional security, mutual interest and enhance bilateral defence collaboration. They also discussed about the China Pakistan Economic Corridor in which the Pakistani army has a greater role. ..

Month: 

Category: 

Topics: 

Historic Debt Pact of G20 to help poor countries hit by COVID-19

The G20 countries for the first time agreed on a common framework to restructure government debts. This is because COVID-19 crisis has left the poorer countries at risk of failing to repay the loans. Earlier the G20 countries agreed on G20 Debt Service Suspension Initiative. Now, it is being signed as a pact with an ..

Month: 

Category: 

Topics: