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Search resuls for: "China Pakistan Economic"


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Here are some facts on the group Pakistan targeted and the restive province at the heart of the tension. WHICH GROUP DID PAKISTAN TARGET IN IRAN? The Baloch Liberation Front (BLF), which an intelligence official called the target of Pakistan's strikes in Iran, seeks independence for Pakistan's western province of Balochistan. They also attack Chinese projects, and occasionally kill Chinese workers despite Pakistan's assurances that it is doing all it can to protect the Chinese projects. It borders Iran's Sistan-Baluchestan province where Pakistan carried out its strikes.
Persons: Xi, Charlotte Greenfield, Clarence Fernandez Organizations: Ethnic Baloch, China Pakistan Economic, Barrick Gold, Barrick Locations: ISLAMABAD, Pakistan, Iran, Balochistan, restive, PAKISTAN, IRAN, Baloch, Balochistan province, Afghanistan, Iran's Sistan, Baluchestan, Islamabad, China Pakistan, China, Gwadar, province's, Chagai
REUTERS/Ali Khara/File Photo Acquire Licensing RightsKABUL, Oct 14 (Reuters) - The Taliban will attend China's Belt and Road Forum next week, a spokesman said on Saturday, underscoring Beijing's growing official ties with the administration, despite its lack of formal recognition by any government. Taliban officials and ministers have at times travelled to regional meetings, mostly those focussed on Afghanistan, but the Belt and Road Forum is among the highest-profile multilateral summits it has been invited to attend. China has been in talks with the Taliban over plans, begun under the previous foreign-backed government, over a possible huge copper mine in eastern Afghanistan. Officials from China, the Taliban and neighbouring Pakistan said in May they would like Belt and Road to include Afghanistan and for the flagship China Pakistan Economic Corridor to be extended across the border to Afghanistan. China has boosted engagement with the Taliban, becoming the first country to appoint an ambassador to Kabul since the Taliban took power, and invested in mining projects.
Persons: Mullah Abdul Ghani Baradar, Wang Yu, Ali Khara, Xi, Haji Nooruddin Azizi, Akhundzada Abdul Salam Jawad, Azizi, Akhundzada, Mohammad Yunus Yawar, Charlotte, Joe Cash, William Mallard Organizations: Afghan, REUTERS, Rights, China Pakistan Economic, Taliban, Thomson Locations: China, Islamic Emirate, Afghanistan, Kabul, Rights KABUL, Beijing, Pakistan, China Pakistan, Charlotte Greenfield, Islamabad
KARACHI, Pakistan, March 7 (Reuters) - Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in a funding round and also received a non-banking financial company (NBFC) licence. Trukkr offers Pakistan’s small- and medium-sized trucking companies a transport management system and supply chain solutions, and is unique in providing fintech to digitise the largely unbanked and undocumented industry. The seed funding round was led by U.S. based Accion Venture Lab and London based Sturgeon Capital. Haitou Global, Al Zayani Venture Capital and investor Peter Findley also participated in the round, Trukkr said in a statement. Adamjee told Reuters that Pakistan's $35 billion a year trucking industry is growing at 10% annually despite limited rail and water freight infrastructure.
Islamabad and Beijing are considered longtime close allies, and Sharif is also expected to discuss security issues while on his visit. On his two-day maiden visit to Beijing since taking office in April, Sharif will also seek some debt relief from China, in particular the rolling over of bilateral debt, an aide travelling with the prime minister told Reuters. Chinese loans - around $23 billion - make up the largest chunk of Pakistan's $27 billion of bilateral debt. Sharif will be one of the first leaders to meet President Xi since he secured a third term in power. Pakistan has indicated previously that it will seek bilateral debt relief to lessen its balance of payment problems, but it hasn't made any official announcement on whether it will formally ask Beijing for such help.
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