Turkey, Iran, Pakistan rail link to China's Belt and Road

The governments of Turkey, Iran and Pakistan will revive a transnational rail service linking Istanbul, Tehran and Islamabad (ITI), one of the projects in China's Belt and Road Initiative (BRI).

This project was launched in 2009 under the umbrella of the Economic Cooperation Organization (ECO), a 10-member political and economic intergovernmental organization founded in 1985 by Iran, Pakistan and Turkey.

China asked for additional guarantees from Pakistan and refused to give the complete concessional loan Islamabad.

That raises the question of how Pakistan will fund its railway network. Pakistan is expected to look for funding outside the BRI framework since China has no interest to offer financial support. China will lend political support to the ITI railroad because it complements the BRI. However, it still expects Iran, Pakistan and Turkey to bear costs and share risks if they wish to benefit from the trade and investment dividends a successful ITI railroad is expected to yield.

Source: Nikkei Asia #Dec29

https://asia.nikkei.com/Spotlight/Belt-and-Road/Turkey-Iran-Pakistan-rail-link-to-China-s-Belt-and-Road?fbclid=IwAR3uYQSSG30opttB_YiTZfu3klyQFgiovRrNuRGHfVHbUcBNRBWiiFRApAg

#BRI #Pakistan #China #ITI #ECO #Turkey

China's New Belt and Road Has Less Concrete, More Blockchain

The Covid-19 pandemic hasn’t been good for China’s Belt and Road Initiative. the virus “seriously affected” one-fifth of the projects in the China-centered infrastructure drive, according to the Ministry of foreign Affairs. Djibouti, Laos, Maldives, Pakistan, and Zambia, among others, have asked China to renegotiate or forgive Belt and Road loans. Kyrgyzstan and Sri Lanka have already extracted concessions.

Source: Bloomberg #Mar24

#China #BeltandRoad #Djibouti #Laos #Maldives #Pakistan

https://www.bloomberg.com/news/articles/2021-03-24/china-s-new-belt-and-road-has-less-concrete-more-blockchain

More than a dozen people, including Chinese nationals and Pakistani soldiers, were killed in a #blast targeting a bus in a remote region of northern #Pakistan on July 14.

🔶 Watch the full episode👉https://youtu.be/uIkekCQkj68

Protests have erupted in #Pakistan against a #BeltandRoad project, and #Pakistanis are far from the only people suffering under #CCP’s modern colonisation. In #Cambodia, lives, properties and the environment can all go to hell as far as #XiJinping is concerned.
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#dam #BRI #flooding #environment

#China is taking the opportunity of American troops leaving Afghanistan to criticize the United States.

But U.S. soldiers pulling out could cause trouble for China. The regime may be worrying about the chaos in Afghanistan reaching #Pakistan—its partner in a Belt and Road Initiative.

🔶 Watch the full episode👉https://youtu.be/oDstNrft8dw

#China is taking the opportunity of American troops leaving Afghanistan to criticize the United States.

But U.S. soldiers pulling out could cause trouble for China. The regime may be worrying about the chaos in Afghanistan reaching #Pakistan—its partner in a Belt and Road Initiative.

🔶 Watch the full episode👉https://youtu.be/oDstNrft8dw

"They're creating a new axis of collaborators against the Western democratic order."

Former USCIRF commissioner Johnnie Moore on the alliance between the #Taliban, #China's Communist Party, and #Pakistan.

👇WATCH NOW on @EpochTV:
https://ept.ms/ChinaTalibanAlliance3

The #CCP has eagerly exploited the crisis to discredit the U.S.

🔥American Thought Leaders👉 https://youtu.be/Olgf1hEF2Qg