CPEC Current Affairs - 2020

India to Skip OBOR summit in China

India will skip the two day grand OBOR summit organised by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR). OBOR is an ambitious China’s ambitious development strategy and framework that aims to boost its connectivity and trade that will that will connect Asia, Africa, the Middle East and Europe. It was Read More…

Tags:

China hands over two ships to Pakistan Navy for Gwadar Port security

China has handed over two ships to the Pakistan to safeguard the strategic Gwadar port and trade routes under the ambitious China-Pakistan Economic Corridor (CPEC). These ships have been named as Hingol and Basol, after two rivers near Gwadar. They will be part of Pakistan Navy and are equipped with state-of-the-art guns. They will be Read More…

CPEC becomes reality as Pakistan inaugurates Gwadar port

Pakistan Prime Minister Nawaz Sharif inaugurated the operational activities of the revamped strategic Gwadar port in the south-western Balochistan Province. With the operationalisation of the deep sea port, the multi-billion dollar China-Pakistan Economic Corridor (CPEC), linking western China to the Arabian Sea became a reality. Key Facts The port was operationalised after a Chinese commercial Read More…

China, Pakistan ink agreement to launch satellite to monitor CPEC projects

China and Pakistan have signed an agreement for the launch of a special satellite to monitor the development of the multi-billion dollars China-Pakistan Economic Corridor (CPEC) projects. In this regard, both countries have decided for development and launch of the Pakistan Remote Sensing Satellite (PRSS-1) System and launch a satellite in June 2018. Implications This Read More…

Pakistan, China kick off ambitious CPEC project

Pakistan and China kicked off their ambitious 46 billion US Dollar China- Pakistan economic corridor (CPEC) project. It was kicked off after China successfully acquired over 2,000 acres of land in restive Balochistan to develop the strategic Gwadar port. Earlier both countries had signed a deal in this regard to give the usage right of Read More…