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India to Skip OBOR summit in China
India will skip the two day grand OBOR summit organised by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR). OBOR is an ambitious China’s ambitious development strategy and framework that aims to boost its connectivity ..
Month: Current Affairs - May, 2017
China hands over two ships to Pakistan Navy for Gwadar Port security
China has handed over two ships to the Pakistan to safeguard the strategic Gwadar port and trade routes under the ambitious China-Pakistan Economic Corridor (CPEC). These ships have been named as Hingol and Basol, after two rivers near Gwadar. They ..
Month: Current Affairs - January, 2017
CPEC becomes reality as Pakistan inaugurates Gwadar port
Pakistan Prime Minister Nawaz Sharif inaugurated the operational activities of the revamped strategic Gwadar port in the south-western Balochistan Province. With the operationalisation of the deep sea port, the multi-billion dollar China-Pakistan Economic Corridor (CPEC), linking western China to the ..
Month: Current Affairs - November, 2016
China, Pakistan ink agreement to launch satellite to monitor CPEC projects
China and Pakistan have signed an agreement for the launch of a special satellite to monitor the development of the multi-billion dollars China-Pakistan Economic Corridor (CPEC) projects. In this regard, both countries have decided for development and launch of the ..
Month: Current Affairs - April, 2016
Pakistan, China kick off ambitious CPEC project
Pakistan and China kicked off their ambitious 46 billion US Dollar China- Pakistan economic corridor (CPEC) project. It was kicked off after China successfully acquired over 2,000 acres of land in restive Balochistan to develop the strategic Gwadar port. Earlier ..
Month: Current Affairs - November, 2015
China, Pakistan sign deals to beef up CPEC project
China and Pakistan have signed 20 more agreements worth 1.6 billion dollars to implement the ambitious China-Pakistan Economic Corridor (CPEC) project. These agreements were signed at the CPEC Forum held at Karamay city in Xinjiang province of China bordering Pakistan-occupied ..