Beijing-backed Pakistan port opens as hub for Afghanistan trade

FILE PHOTO: A general view of Gwadar port in Gwadar, Pakistan October 4, 2017. (REUTERS)
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Updated 23 January 2020

Beijing-backed Pakistan port opens as hub for Afghanistan trade

January 23: Nikkei Asian Review report by Adnan Aamir states that Gwadar port in southern Pakistan recently began handling cargo bound for Afghanistan. While undoubtedly a positive development for the $50 billion dollar China-Pakistan Economic Corridor, experts say the economic sustainability of the Chinese-managed port remains far from certain.

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Debt restructuring discussed during G-20 moot, KSA tells Pakistan 

Updated 02 April 2020

Debt restructuring discussed during G-20 moot, KSA tells Pakistan 

Apr 02: Saudi Arabia informed Pakistan on Wednesday that a number of measures, including the proposal for debt re-structuring, were deliberated upon during the recently held Virtual G-20 Leaders’ Summit Conference, to help tackle the economic consequences of COVID-19. 

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