Belt and Road Initiative
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 ..
Month: Current Affairs - May, 2021
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. ..
Month: Current Affairs - March, 2021
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 ..
Month: Current Affairs - December, 2020
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 ..
Month: Current Affairs - December, 2020
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 ..
Month: Current Affairs - November, 2020
Chinese President Xi in Nepal
After Chennai Connect, the second informal summit at Mahabalipuram, India, the Chinese President visited Nepal. This is the first visit by a Chinese President in 22 years. The trade of the land locked Himalayan nation is dominated by the Indian ..
Month: Current Affairs - October, 2019
Sri Lanka unveils South Asia’s tallest tower in Colombo
Sri Lanka unveiled a 350-metre-tall Lotus Tower which is now being dubbed as South Asia’s tallest tower in Colombo city. Though the tower is still under construction President of Sri Lanka Maithripala Sirisena decided to open the tower to public. ..
Month: Current Affairs - September, 2019
G20 express concern over risks from intensified trade conflict
The G20 meeting of Finance Ministers and Central Bank governors has expressed concerns that trade and geopolitical tensions have intensified raising risks for improving global growth. The meet stopped short of calling for a resolution of a deepening U.S.-China trade ..