In a major stride towards the 'Make-in-India' in the defence sector, the Ministry of Defence has received a proposal from Indian Army to buy 307 Advanced Towed Artillery Gun Systems (ATAGS) for deployment along the borders with China and Pakistan.
According to Haley, America spent USD 46 billion on foreign aid last year. That's more than any other country by far. Taxpayers deserve to know where that money is going and what it's doing. They will be shocked to find that much of it goes to fund anti-American countries and causes.
Chinese leadership told Prime Minister Shehbaz Sharif during his recent visit to Beijing that relocating the coal-fired power plant from Gwadar to Thar would require a new project, which Beijing is unwilling to undertake because it has no intention to begin any new coal project, reported Bus
According to the IPSCS report, most of the deals signed by Chinese companies with Pakistan entailed assurance of exorbitant rate of returns to the Chinese companies for their investments. Going through an economic crisis for most of the past five years, Pakistan never seemed comfortable i
The CPEC project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPEC still remain non-starters while some of those being operational have become liabilities and are incurring losses.
China is making huge investments in underdeveloped or poor countries ultimately setting them up for defaulting on China's loans and making compromises to China
Pakistan faced an economic crisis which is a result of its own faulty policies long-standing debts, dipping forex reserves and support to extremism and terrorism.
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.