The recent imposition of a USD 2.48 million fine by a Pakistan civil court on China National Petroleum Corporation for allegedly violating the contract signed with the Petroleum Exploration (Pvt.) Ltd. has again brought forth the increasing economic mistrust between the two countries accentu
The casualties among Chinese nationals in Pakistan are causing anxiety in the minds of Chinese companies and Xi Jinping's government. These targeted attacks will severely impede Chinese investments in Pakistan, creating tension between the two "brotherly" nations.
However, the actual reason that Pakistan did not join the summit was China. Pakistan's decision was complicated as the US did not invite China and Turkey while Taiwan attended the summit, reported The Express Tribune.
The Shanghai Cooperation Organization (SCO) is an intergovernmental organization established in 2001 and it comprises eight member states, namely, India, China, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan.
Pakistan's Planning Minister Ahsan Iqbal chaired the meeting and discussed progress on Special Economic Zones, ML-1, KCR and several new development initiatives to be discussed by the Joint Working Groups (JWGs).
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 Chinese contempt for Pakistan's professionalism and lack of earnestness is evident in the way they are practically taking over Pakistan's internal security apparatus and defining the rules of business.
Shengliang Zhao, a researcher from China's Dunhuang Research Academy and a participant at the conference stated that the event offered a huge opportunity for India and China to celebrate history. "This is what makes India and China more close to each other. This time this conference gives a
"This session is just one very clear example of the wonderful role that India is actually playing in bringing all the countries of SCO, or let's say all the countries with the Buddhist heritage together," according to a participant from Pakistan.