CPEC Monthly Monitor – August 2017
Mixed responses emerged from provincial political leaders to CPEC during the month under review. While such official responses from Khyber Pakhtunkhwa, Sindh and Punjab were largely positive, few political voices from Balochistan as well as Sindh raised concerns about the CPEC.
These were some of the key developments occurring in August 2017. Every month, CPEC Watch releases a monthly monitor summarizing key developments occurring around China-Pakistan Economic Corridor. Below are the salient ones for August 2017:
- To ensure the security of Chinese nationals working in Sindh, the law enforcement agencies have taken strict measures against Jeay Sindh Muttahida Mahaz (JSMM), a banned outfit that has been reportedly consistently trying to sabotage the interests of Chinese nationals.
- Due to the geostrategic significance of Central Asian states in the regional geo-economics, Pakistan has urged Azerbaijan to join the CPEC.
- The Founder-President of Pak-China Joint Chamber of Commerce and Industry (PCJCCI) Shah Faisal Afridi has suggested that the CPEC shareholders and investors should be involved in the decision-making process of establishing Special Economic Zones (SEZs) along the CPEC.
- The National Bank of Pakistan (NBP) will launch its branches in major cities of China and Chinese administration tends to issue a preliminary license in three months.
- To provide transparency for CPEC projects, Interior Minister Ahsan Iqbal revealed in National Assembly that out of total $46 billion, $35b is Chinese investment for energy projects under the CPEC while $11b has been given as soft loan for infrastructure development of Pakistan at the lowest interest rate.Read complete “CPEC Monitor – August 2017” (PDF)