Professor Kondapalli said, "Field Marshal Munir visited China a few weeks ago and the Chinese concern is the CPEC's security, prosperity, etc. So, I do not think that the Chinese are moving away from Pakistan. Although there are some signals like Bagram base that Americans want to acquire wi
Speaking to GZERO Media's Ian Bremmer on the recent escalation between the two nuclear-armed nations, Khar criticised India for setting "new norms" by conducting strikes on Pakistan following the April 22 Pahalgam terror attack, noting that terrorism was "common" not just in South Asia but a
Pakistan’s National Electric Power Regulatory Authority (Nepra), held a public hearing on the request of the central power purchasing agency (CPPA) for recovering an additional PKR 28.3bn or PKR 1.83 per unit fuel cost adjustment in Discos’ tariffs for electricity consumed in August, noted t
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
China is angry in particular as it recently helped Pakistan out by rolling out loans and extending much-needed support. Diplomatic sources say Chinese authorities are "much annoyed" by the mismanagement in Pakistan.
Long construction delays and rampant disruptions owing to the indifferent attitude of implementing agencies from China have left the authority high and dry on many occasions.
The development comes as the third round of Pakistan-China bilateral political consultations (BPC) was held in Beijing. Pakistan's delegation was led by Foreign Secretary Asad Majeed Khan.
The issues facing the NJHP project indicate a deeper problem in Pak-China cooperation in the power sector. Pakistan owes around PKR300 billion to the Chinese independent power producers (IPPs) and the liability has become a sore point in the bilateral relations.
Pakistan's largest province is being robbed of its natural resources by China under the Belt and Road Initiative and CPEC and the profits are being garnered by Chinese companies.