Pakistan welcomes China's President to Pakistan

by fulltimestudent 2 Replies latest social current

  • fulltimestudent
    fulltimestudent

    A week ago, China's President Xi visited Pakistan. The visit took place against background news that the Pakistan government had extended the lease on Gwadar Port (built by the Chinese) to forty years. During Xi's visit agreements were formalised on sections of a huge infrastructure agreement that will link the port to China's western provinces.

    The Pakistan Airforce provided an aerial Guard of Honor to escort the Presidential plane from the border: (The fighter planes are a joint China-Pakistan development)

    https://www.facebook.com/ApertureSensation/videos/vb.567503256680182/779033985527107/?type=2&theater

    or

    https://www.youtube.com/watch?v=Lv2_S5uMoNo

  • fulltimestudent
    fulltimestudent

    What was so special about the Gwadar Port agreement?

    Anil gupta explains:

    https://www.youtube.com/watch?v=H-kFL3Vb2tQ

  • fulltimestudent
    fulltimestudent

    So Pakistan gets 46 billion dollars worth of infrastructure investment, which will create a new economic zone from the enlarged port and running all the way north to the border with China and onto the ancient city of Kashgar. The infrastructure development will include a new highway, new railway and pipelines.

    What will China get?

    First Gwadar is a port that means it can deliver oil and gas to its western provinces without the long trip around S.E.Asia, second it means another commercial route to Africa and Europe that can be used in the case of disruption. Third, if the hopes of increased prosperity are realised, it will help stabilise the political situation on China's western border, not just in Pakistan but also in Afghanistan (remember the billions of dollars that western nations promised to re-build Afghanistan after the American invasion, apparently just empty promises). If the project succeeds it will also benefit Iran (only 100 km or so away)

    A similar project is being built through Myanmar, that can revolutinise the economies of Myanmar and S.E. Asia.

    In China's north, another zone to Eastern Russia is being built that can create a new economic zone around the area where China, Russia and North Korea meet.

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