CPEC and CPEC-Related Projects

  • Caretaker governments are in power, but important, high-level CPEC meetings continue to take place.
    • At Quetta forum, Chinese business leaders and government officials address investment concerns in Balochistan. [Read more]
    • 55th CPEC progress review meeting held under leadership of caretaker finance minister, who expresses concerns about slow pace of progress on CPEC special economic zones. [Read more]
  • First ultra-supercritical lignite-fueled power plant using Thar lignite (mined under CPEC) achieves financial close. [Read more]
  • Construction of CPEC special economic zone in Mirpur, Azad Jammu and Kashmir reportedly begins. [Read more]

Gwadar

  • Anti-corruption body orders investigation into Gwadar land allotments. [Read more]
  • Protests in Gwadar district over electric power blackouts. [Read more]
  • Leading Gwadar national assembly candidate says locals deserve better from CPEC. [Read more]

Economy and Trade

  • Finance Ministry says PML-N borrowed PKR 180 billion to reduce circular debt, which is being recovered through electricity bills surcharges. [Read more]
  • Pak-China FTA making the rounds again (Business Recorder)
  • Fitch warns of growing risks to Pakistan’s economy (DAWN)
  • Back to the Fund. Pakistan’s trade deficit widens and forex reserves decline. A former adviser to Pakistan’s finance ministry describes the situation as “horrendous.” [Read more]
  • Another Chinese company joins the growing pack of automobile manufacturers in Pakistan. [Read more]

 Regional/Strategic

  • Pakistan’s ambassador says Azerbaijan can be connected to CPEC via Afghanistan and the Lapis Lazuli Corridor. [Read more]
  • Haley presses Modi on Iranian oil, but says Chabahar port “has to happen.” [Read more]
  • Tehran warns New Delhi that it will pay a price for Iranian oil import cuts, chides it for slow progress on Chabahar. [Read more]
  • Indian news outlet says Maldives “snubs” India again by signing “power deal” with Pakistan. [Read more]
    • See also: India emerging as a favourite punching bag for Maldives President (Economic Times)
  • Sheikh Hasina adviser derides opposition BNP as “pro-Pakistan and pro-China.” [Read more]
  • Pakistan launches remote sensing satellite in China (DAWN)
  • Sri Lanka Hopes India Will Take Stake in Airport With No Flights (Bloomberg)
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