Ashraful A. MarufHow Gwadar Port could reshape the world trade and economy? 👉 https://youtu.be/wBB9uGNYH8k
#TheDhakaDiplomat #geopolitics #GwadarPort #pakistan #worldtrade #economy #corridor #chinapakistan #Chineseinvestment #PakistanEconomy
YouTube
Ramesh #NotGoingBack⬆️ @davidaugust
44% duties on #SriLanka, already reeling under Chinese #debtDiplomacy, will drive it even closer to #China.
Same with #Pakistan.
When they get crushed further and default on Chinese loans, #GwadarPort and the port in #Colombo will go to China.
#US is planning to get active in the region, starting with #DiegoGarcia to confront #Iran.
I hope #DUI hires at #Pentagon and brilliant #Harvard grads behind #Project2025 have thought through all of this.
⬆️ >> When #Pakistan defaults on #China loans under the #BeltAndRoadInitiative, China’s real prize would be Pakistan’s #GwadarPort on #ArabianSea 👀
Both #India and #Brazil have rejected #BRI.
China's audacious project continues to fly under the radar in US news and public consciousness. See 🧵 above for a refresher.
https://southasiatimes.org/brazil-and-india-rejection-of-chinas-bri-whats-at-stake/
⬆️ 10 weeks ago >> #Pakistan [already crushed under #China #debtDiplomacy] seeks a new long-term #IMF #bailout… When Pakistan defaults on China loans under the audacious #BeltAndRoadInitiative, China’s real prize [would be] Pakistan’s #GwadarPort on #ArabianSea 👀
Seems like that day is closer now. When #ChinaPakistanEconomicCorridor #CPEC was launched in 2015, it was heralded as a game-changer for Pakistan
The plan (part of #BRI) promised to transform Pakistan’s economy
https://www.thestatesman.com/world/pakistan-and-chinese-debt-trap-a-looming-crisis-1503337009.html
⬆️ #Pakistan presents a budget as it seeks a new long-term #IMF #bailout.
It’s looking for a long-term loan of $6B–$8B from IMF to help stabilize the economy, which in 2023 nearly defaulted on foreign debts.
Re IMF, Pakistan will privatize its national carrier, #PakistanInternationalAirlines, which #China will swoop in on when Pakistan defaults on China loans under #BeltAndRoadInitiative #BRI #debtDiplomacy, but its real prize is Pakistan’s #GwadarPort on #ArabianSea 👀
https://apnews.com/article/pakistan-budget-parliament-imf-7752e501660024e269ce99a423f5a4f4
Pakistan’s new government presents its first budget as it seeks a new long-term IMF bailout
Pakistan’s new coalition government presented its first budget in parliament. It is promising an increase of up to 25% in the salaries of government employees and setting an ambitious tax collection target. Talks with the International Monetary Fund about a new bailout continue. Analysts say the new budget of about $68 billion is aimed at qualifying for a long-term loan of $6 billion to $8 billion from the IMF to help stabilize the economy. It nearly defaulted last year on the payment of foreign debts.
⬆️ The #GreatEncircler says it is willing to upgrade economic corridor with #Pakistan & deepen ties with #Brazil
Put that way, it sounds like #China is only reluctantly agreeing to do that
#ChinaPakistanEconomicCorridor includes building roads & rail systems to link China’s #Xinjiang region to Pakistan’s #GwadarPort on the #Arabian sea
It's part of Xi’s #BeltAndRoadInitiative #BRI, in which civilian infrastructure projects also have military applications.
https://apnews.com/article/china-pakistan-brazil-sharif-xi-alckmin-840a87521d23a6a00b053098f22c23cd
China says it is willing to upgrade economic corridor with Pakistan and deepen ties with Brazil
China's leader Xi Jinping has told the visiting Pakistani Prime Minister Shehbaz Sharif that Beijing is willing to work with Islamabad to build an upgraded version of an economic corridor linking their two countries. State broadcaster CCTV said on Friday that Sharif pledged to take effective steps to ensure the safety of Chinese workers in Pakistan. Five Chinese engineers working on a dam project died in a suicide bombing in Pakistan in March. earlier in the day, Xi also met with Brazil's Vice President Geraldo Alckmin, who expressed hope that Chinese companies would participate in a Brazilian government infrastructure program that includes railways, energy, port and airport projects.