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Economy

Balochistan signals readiness for settlement of Reko Diq row

ISLAMABAD: In response to Canada’s proposal for an out-of-court settlement of a case surrounding the multibillion-dollar Reko Diq copper and gold mining project, the Balochistan government has expressed its willingness for a reasonable settlement of the years-long dispute. Tethyan Copper Company Limited (TCC), a joint venture between Chile’s Antofagasta Plc and …

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Dangers of drought persist in Balochistan

QUETTA: Balochistan, the largest province in the country in terms of land mass, is blessed with several natural resources including minerals. With its beautiful landscape comprising mountains and plains, the province also has forests in some areas and a 1000-kilometre long coastline. The province, however, has limited land where there …

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“CPEC is not a game-changer, it’s game over”

Shahzada Irfan Ahmed Interview: Kaiser Bengali Kaiser Bengali is a senior economist who has served as advisor to the chief minister Balochistan as well as consultant/national coordinator for Benazir Income Support Programme (BISP), Government of Pakistan. Besides, he has headed research institutions including Social Policy and Development Centre (SPDC), Karachi, …

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Efforts on to build 4 dams in Balochistan, says Wapda’s chief

QUETTA: In view of water shortage in Balochistan, the Water and Power Development Authority (Wapda) is making all-out efforts to initiate construction work on the Naulong, Hingol, Badinzai and Sukliji dams in the province, Wapda chairman retired Lt Gen Muzammil Hussain said at a meeting here on Thursday. At the …

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Three more motorways ‘to be made part of CPEC’

ISLAMABAD:  National Highway Authority (NHA) Chairman Shahid Ashraf Tarar has said three more motorway projects will be included in the China-Pakistan Economic Corridor (CPEC) during the upcoming meeting of the Joint Cooperation Committee (JCC). The projects include Naukundi-Mushkel-Panjgur (90km), Gilgit-Shindor-Chitral (364km) and Mirpur-Muzaffarabad-Mansehra (228km), said the chairman on Wednesday while …

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Punjab gets lion’s share at the cost of Balochistan and KP in reconstituted CCI

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday reconstituted the Council of Common Interests (CCI), with an overwhelming representation from Punjab, amid emerging crucial issues like census results and gas allocations. Even more surprisingly, the notification to that effect came from the prime minister whereas the Constitution mandates the president …

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Bank of China, others to open branches in Gwadar soon

QUETTA: The Bank of China and other national and international banks would soon open their branches in the port city of Gwadar. The Chairman Gwadar Port Authority (GPA), Dostain Khan Jamaldini disclosed this in meeting with President Bank of Smit, Zaheer Ismail who called on him during his visit to Gwadar on Thursday. …

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India Holds Talks with Iran over Development of Chabahar Port

TEHRAN (Tasnim) – India’s Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar. Gadkari said that during his recent trip to Tehran, he held talks with Iranian officials on a wide range …

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Baloch activists gather against China-Pakistan Economic Corridor: Indian Media

BERLIN: Exiled Baloch leaders and activists will gather in Berlin, Germany, on August 11 to voice their protest against the under construction multi-billion dollar China Pakistan Economic Corridor (CPEC). The event titled “China’s One Belt One Road Initiative – Its adverse impact on Balochistan & the region” would be organized by the …

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Can CPEC weather Pakistan’s political storm?

In a highly partisan political environment, China reiterated its neutrality towards the internal affairs of the country by stating its resolve to abide by ‘a strategic cooperative partnership with Pakistan’. Despite this stance the momentum of the CPEC initiative seems to have been compromised over the last two months. Senior …

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