Geo-economics must take precedence over geo-politics, PM says in Beijing
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Prime Minister Nawaz Sharif on Sunday addressed the plenary session of the Belt and Road Forum (BRF) for International Cooperation in Beijing, where he stressed that geo-economics should take precedence over geopolitics, Radio Pakistan reported.
PM Sharif, who had arrived in the Chinese capital on Friday to participate in the One Belt, One Road (OBOR) forum, said the China-Pakistan Economic Corridor (CPEC) must not be politicised, adding that the corridor remains open to all countries.
He said that CPEC is at the core of China's One Belt, One Road initiative, which has fostered inclusion and tolerance in the region.
"We are not striving to merely leverage geography for economic prosperity; we are also trying to build a peaceful, connected and caring neighbourhood," Radio Pakistan quoted the premier as saying.
CPEC, which connects Pakistan to East and West Asia, has not only made the country a destination for cross-regional trade, but also a channel through which such trade flows, the prime minister said.
He added that efforts must be made to resolve conflict and transcend differences.
Nawaz said that "with the help of our Chinese friends an environment had been created for the China-Pakistan Economic Corridor to take off and has started to create new entrepreneurs, jobs and businesses."
"CPEC is owned and nurtured by all of Pakistan," the prime minister said during the conference.
He added that it is compatible with the country's vision for 2025, where investment is undertaken in different sectors such as energy, industry, trade and transport.
He also said that efforts were being made to bridge the gap between economic growth and social development through a focus on education, gender mainstreaming and health.
A day earlier, the PM told Chinese President Xi Jinping that extensive efforts were being made for the implementation of the CPEC.
“The CPEC is a core component of your visionary initiative of the One-Belt-One-Road project. We sincerely appreciate your commitment and leadership for the realisation of CPEC projects,” he said during a meeting with President Xi on the sidelines of the BRF.
Pakistan and China signed six accords of cooperation in diverse fields.
The BRF which is part of the 'Silk Road Economic Belt and the 21st Century Maritime Silk Road' initiative launched by President Xi Jinping in 2013.
The May 14-15 forum is being attended by 29 heads of state and government, besides delegates from around 130 countries.
The prime minister's entourage in Beijing included the four chief ministers; Shahbaz Sharif of Punjab, Pervaiz Khattak of Khyber Pakhtunkhwa, Sanaullah Zehri of Balochistan and Murad Ali Shah of Sindh.
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Comments (117) Closed
May 14, 2017 11:53am
Absolutely agree with him.
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May 14, 2017 11:58am
CPEC is based on bilateral Trade... Trade is based on Industry... Industry is based on cheap Electricty... Pakistan need to work to produce cheap electricity to run our Industries... Trade via CPEC
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May 14, 2017 11:59am
Why we as Indian always have double face. If we are unease with China rising influence, lets accept it rather than use CPEC as the reason.
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May 14, 2017 11:59am
Cotton Road more economic for Pakistan than the Silk Road.
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May 14, 2017 12:00pm
Eradication of corruption must take precedence over any pretense of Democracy.
A government without accountability or transparency is not a Democracy.
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May 14, 2017 12:01pm
Absolutely agree with him...stop your Kashmir politics its already taken lot of innocent lives...
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May 14, 2017 12:02pm
Business and right strategy is very important than emotional interests and attachments. India has vision for expansion but not via appeasing, pleasing and allowing cheap products of China. We believe in Make in India and we want to work on that...sorry CPEC is not a gamechanger for India...hence we quit...
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May 14, 2017 12:02pm
No use of the same old boring word. Bilateral !!
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May 14, 2017 12:03pm
"peaceful, connected and caring neighbourhood" - this statement is giving me nausea. Walk the talk Mr Sharif, instead of just reading scripts written by the Chinese.
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May 14, 2017 12:05pm
Make/changing routes is good .. but you must also make/change your public!
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May 14, 2017 12:05pm
geo economic must be above geopolitics...
once your country will be flooded cheap chinese goods ,your local industries will be shut down...then you will see what is geo economic...china is saying it will help the countries that are connected with the obor...china is only building this roads and planning these types of infrastructure projects..is only to increase its manufacturing sector capacity that's... all
I need to ask my pakistani friend if china is so concerned with the development of the whole region why they won't allow other countries to sell their products in china
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May 14, 2017 12:07pm
Yup totally agree that is why pakistan never opened its route for saarc nations, not reciprocate mfn status given by india imported indians goods via dubai paying extra taxes, iran to india via pak gasline vanished in thin air.
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May 14, 2017 12:12pm
Both are important to safeguard the sovereignty...
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May 14, 2017 12:14pm
Open for all countries ? Why now and how ?
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May 14, 2017 12:16pm
Then give land route to Afghanistan mr.PM
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May 14, 2017 12:16pm
Best Wishes ....relationship with all neighbours may improve soon....let Pakistan concentrate more on business.
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May 14, 2017 12:20pm
@manish "geo economic must be above geopolitics... once your country will be flooded cheap chinese goods ,your local industries will be shut down...then you will see what is geo economic"
In your hatred towards Pakistan, you have failed to realize that world is moving towards commoditization and we have to embrace it and fight it. The CPEC infrastructure is primarily for moving trade around between Middle East/Africa/EU and China. Cheap Chinese goods are flooded in USA also. We in Pakistan need to come up with a strategy to fight commoditization, Chinese or otherwise.
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May 14, 2017 12:23pm
We as Indians always wish that neighboring countries should prosper. The trouble starts when their are no jobs for young generation. They have to be given proper education, guidance. Let CPEC be the milestone for Pakistan's prosperity. When people are educated, are rational in their thoughts , paves the way for modern and scientific and pragmatic approach in all areas including religious faiths. Let good number of good people outnumber bad people in the years to come.
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May 14, 2017 12:24pm
Best Luck My Pakistani Friends, May you Prosper.. Regards from your Indian friend.
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May 14, 2017 12:24pm
@manish Cheap Chinese goods have made us more competitive. It was 10 years ago we used to complain, but now we have made our industries competitive.
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May 14, 2017 12:32pm
Best chance for Pakistan is to ease relationship with India and make LOC and border soft borders. For that , Pakistan has to forget non-state actors and dream of integrating Kashmir into Pakistan. It can however can dream of having whole India and south asia as extended family backyard. India can integrate Pakistan with its economy like no other country. India may not be China like economic power but is just next. In context of Pakistan , India can play more appropriate role than any other country. Think about prospects of integrating India with Russia and Iran. China will suck your industries as almost all countries have trade deficit with China. Almost all countries barring hydrocarbon producers have hardly anything to sell to China. All relationship mean " Buy from China". While Pakistan can have some level playing field with India.
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May 14, 2017 12:33pm
Great! So are you ready to buy electricity from India and also sign the SAARC road connectivity bill which was last time held up because Pakistan was the only country whose paperwork was not complete.
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May 14, 2017 12:33pm
Pakistan has strengths in Cement Production, Textile etc. Laying down railways will improve infrastructure and India can do that integrating with vast Indian railway network.
Once you are too dependent on China, you might still need India to bail you out from trap of ever increasing debt and Chinese hegemony. Think rationally and not emotionally
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May 14, 2017 12:53pm
Absolutely right NS.
First trade,then transit route to Afghanistan. Economics first sir as you said and Kashmir should be last
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May 14, 2017 12:59pm
It will Pak great in the region !!! And create jobs and make us power surplus !! Nawaz a Visionary !!
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May 14, 2017 01:01pm
@M. Emad
"Cotton Road more economic for Pakistan than the Silk Road."
Correct. It is amazing that Pakistan refuses to cooperate with SAARC for connectivity and communication that would have been more natural, cheaper and led to massive development of this region. Instead it has taken up silk road initiatives with open arms while artificially creating situations for poor economics in the region. Any surprises that a lot of trade between India and Pakistan happens through Dubai rather than direct routes that have existed much before the silk road?
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May 14, 2017 01:01pm
About 200 Yrs. ago economics lead politics, British colonized India. Same policy now also?, what the future holds?
India is clear that politics should lead economics, what ever time it takes.
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May 14, 2017 01:01pm
@manish So its the cheap Chinese products which India imports in huge quantity and China has a 50 billion USD trade surplus with India. Why India imports if the Chinese products are cheap...BTW what is the definition of cheap. It can be acceptable quality but cheap price wise.
It could be good quality but still cheap in price for example cell/smart phones inundating the Indian media. So this is just a myth that Chinese products are cheap if you are talking about quality. China exports 2000 billion USD worth of products per year an if it is cheap why USA, EU many developed countries buy Chinese products.
25 percent of world manufacturing is now in China...
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May 14, 2017 01:01pm
@CPEC Maybe you are not aware of the fact that Afghanistan uses Pakistani infrastructure, Torkham border and Chaman Border are two points through which over 50% of Afghan goods pass. Maybe you also are not aware of the fact that NATO supplies and fuel also pass through Pakistan, and lastly You are also not aware of fact the afghan fruits you consume in India, come from Torkham to Wagah. So please get the facts straight.
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May 14, 2017 01:07pm
@M. Emad, Cotton Road is much better between Bangladesh and India, because both of these countries are out of Silk Road. SORRY.
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May 14, 2017 01:10pm
The CPEC is a two country [China-Pakistan] economic corridor. If China and Pakistan wants CPEC to be a multi country initiative then it's name should be changed to accommodate participation of other country.
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May 14, 2017 01:11pm
As I have said before CPEC and OBOR are a "Trap" for all those countries participating in it. China has announced that it will spent $124 billion on OBOR and those countries that are participating will be heavily indebted in years ahead.IRS only a matter of time.The ones or those countries that are not participating in OBOR may be bystanders as some claims currently but in my opinion they are clever ones of all.
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May 14, 2017 01:11pm
NEERAJ, Since 1947" Pakistan never felt need of India. Forget this idea or you will go mad.
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May 14, 2017 01:12pm
As I have said before CPEC and OBOR are a "Trap" for all those countries participating in it. China has announced that it will spent $124 billion on OBOR and those countries that are participating will be heavily indebted in years ahead.IRS only a matter of time.The ones or those countries that are not participating in OBOR may be bystanders as some claims currently but in my opinion they are the clever ones of all.
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May 14, 2017 01:12pm
Time can only tell who will have the last laugh however, all signs are indicating ONLY China and rest all will start evaluating the total losses from the scratch.
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May 14, 2017 01:13pm
@Neeraj "Once you are too dependent on China, you might still need India to bail you out from trap of ever increasing debt and Chinese hegemony. Think rationally and not emotionally"
Please stop listening to your media about Pakistan and CPEC. Primarily this is a connectivity project. No sane person would use his own money, just like you would borrow money to buy a house rather than using your own money. Of course, that debt will have to be repaid, but there is nothing wrong in it. We have no issues working with India, but Indian politicians and Indians must accept the reality of Pakistan. Partition was a bad thing, but it is what it is now. You cannot change much, so you guys need to move on.
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May 14, 2017 01:14pm
Good Luck to Pakistan. Hope to see all of you riding Bugattis in the near future.
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May 14, 2017 01:14pm
What would happen to your current geo-patriotism then?
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May 14, 2017 01:16pm
As I have said before and repeating again that CPEC and OBOR both are "Traps" for all those countries participating in it. China has announced that it will spent $124 billion on OBOR and those countries that are participating will be heavily indebted in years ahead.IRS only a matter of time.The ones or those countries that are not participating in OBOR may be bystanders as some claims currently but in my opinion they are the clever ones of all
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May 14, 2017 01:17pm
@anshul The speech made by Nawaz is rhetoric. If he was true to his speech then Kashmir(geo politics) would have been put on the back burner and he would have had good trade(geo economics) relationship with India.
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May 14, 2017 01:18pm
The volume of Pakistan’s overall trade with China was $10.029bn in the fiscal year 2015-16, including $1.903bn exports and $8.126bn imports.Don't be surprised if this figure gets increased two or three folds down the line. Also, the statement is contradictory as Pakistan is opposed to open trade route between Afghanistan and India.
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May 14, 2017 01:18pm
He means to say geo corruption should take place before geo economics.
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May 14, 2017 01:18pm
@anshul I loved what you said. Superb Kudos!!!
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May 14, 2017 01:20pm
Dumb. This myth of 'Geo-economics over Geo-politics' has already been busted. Geo-economics is predominantly employed to advance geo-political interests.
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May 14, 2017 01:28pm
"Geo-economics must take precedence over geo-politics, PM says in Beijing"
Mr. Nawaz Sharif, due to tensions in Kashmir which is due to bad Geo-politics, good Geo-economics is suffering between the two nations. What measures have you taken to reduce bad Geo-politics which is bad for stability and peace in the region?.
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May 14, 2017 01:32pm
All the Best to Pakistan and CPEC,kindly do good business with all your SAARC neighbors.......
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May 14, 2017 01:33pm
Geo economics, Geo politics. I bet he does not even know what these really mean. He should know Geo corruption for sure..
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May 14, 2017 01:36pm
@Saeed : but now we have made our industries competitive..
And what would those competitive Pakistani industries be?. Please list them. Thanks..
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May 14, 2017 01:45pm
Hasn't India been saying the same thing. Let's do trade, commerce,and other exchanges. Strengthen our relationship and then crack some tougher issues.
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May 14, 2017 01:52pm
@manish But India imports mostly from China? If Chinese makes third class cheap products, why do India import in so much bulk? Or is India only capable of buying cheap products?
Dawn please publish my comments. I don't know why Dawn doesn't publish many of my comments.
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May 14, 2017 01:54pm
These roads will be used for Chinese exports.Any of these countries even plan to export anything back to China.Why to pay for China when it's the Chinese who are benefiting from this project.
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May 14, 2017 01:57pm
This is real fresh! NS giving lectures on Geo-economics and politics on foreign soil, while he cannot even maintain good neighborly relations with three of out four of Pakistan's neighbors (despite his dual portfolio as Foreign Minister and PM) , who are in some sort of war of words or military skirmishes with Pakistani forces almost, every day.
He knows all about Economics too, considering his illustrious Finance Minister keeps borrowing more and more loans from the IMF while keeps boasting about how well the country is doing. If that is the case, why are so many unemployed, poor, illiterate in the country or seeking refuge in Europe??
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May 14, 2017 01:57pm
Good to hear, Economics over politics is a very sound and responsible comment. So now India is waiting for land route to Afghanistan and Iran, free trade aggrement, most favoured nation status and above all, no more politics in Kashmir to let it prosper as it was pre 90s.
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May 14, 2017 02:00pm
would be great for PAK if the results also go as per plan..But my own personal view is that it's much better not to put all the eggs in one basket..More and sustainable strategy would be to create a climate of peace and welcomeness in the country..Investments of much bigger proportions will automatically come from all parts of the world..Ultimately hard fact remains there are no altruistic countries anymore in this world, all we can see and hear is America first, China first and all. Hence, becomes imperative for the authorities to provide real, transparent data on the benefits of the project, rather than giving some stories like per year toll collection in billions of USD and all..
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May 14, 2017 02:04pm
Do what you preach sir.not opening trade route from india to reach afgan is geo econimics or geo politics.
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May 14, 2017 02:09pm
He should clarify that not granting Most favour nation status and not letting the land connectivity to Afghanistan will comes under Geo economics? or geo Policitcal
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May 14, 2017 02:10pm
Look who is saying this, a country which has always maintained that Kashmir is core issue between India and Pakistan and must take precedence over trade. Pak also denied most favoured nation to India in return while India did so two decades back.
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May 14, 2017 02:12pm
Its the Pakistani PM reading the speech written by China. None of it is true as Pakistan has poor relations both political and economic with most if not all of its neighbours.
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May 14, 2017 02:12pm
Place all your eggs in the CPEC basket and hope the basket doesn't fall down. Best of luck!!!
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May 14, 2017 02:21pm
This is what India has been stressing on from last 70 years. Forget geopolitics and small issues like Kashmir and move on.
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May 14, 2017 02:23pm
Politics has no role in economics and vice versa. The problem is where businessmen who only care about maximizing personal wealth pretend politicians - two in one scenario - those 'States' are doomed. Truth is without self reliance, no country, no nation and no society can make real progress that uplifts the grass root level. A nation that cannot agree on a perfectly logical, economically feasible and technologically sound project like Kala Bagh Dam for generation of much needed and 'cheap' electric power for industrial growth, alone speaks volumes about sincerity, honesty and quality of our politicians. They are all businessmen through and through. Evidence: without KBD, how much money have been squandered in questionable power projects and they are still not done. CPEC, OBOR, etc. are good for the sponsor, but they cannot substitute the spirit of self reliance this nation so desperately needs. These businessmen-cum-politicians are the biggest hurdle towards that end.
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May 14, 2017 02:25pm
Geo-Economics means Pakistan's trade with Afghans, India and Iran, does this declaration mean that PM Nawaz is ready to end Geo Politics of hostility in the region, if so, we all need to stand up and clap for his endevour!
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May 14, 2017 02:27pm
Geo Economics interests come after Kashmir dispute resolutions. First Kashmir issue should be resolved, rest of the politics can be put on side afterwards for economic gains.
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May 14, 2017 02:29pm
N.Sharif has initiated Geo-Political recession
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May 14, 2017 02:35pm
What about investment in quality education to all Pakistanis including people who are beggers, Ballons selling children and who have very low social status. Are they not Pakistanis?
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May 14, 2017 02:39pm
@Neeraj Neeraj what you are advocating is completely undemocratic, you are obviously not a democrat. Funny how people like you want democracy for yourselves, but not for the people of Kashmir?
Democracy resolved Northern Ireland and apartheid in South Africa, it will also one day resolve Kashmir. That day everyone will be free from tyranny.
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May 14, 2017 02:45pm
@vanitha it takes two to tango, if india can implement the democracy in Kashmir, then there is no reason for Pakistan to continue hostilities to india. The trade route for india to central asia would then be open. The issue is why are so many indians who claim to be democrats ready to be tyrannical in Kashmir as opposed to being democratic?
The people must choose their own destiny free from interference from either Pakistan or india. Let democracy prevail and everyone can enjoy the fruits of peace.
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May 14, 2017 02:48pm
Economics take precedence over politics????? Coming from Pakistan that's sound so oxy-moronic. Great Joke.
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May 14, 2017 02:54pm
China builds iPhones for the world but does not allow Facebook or Google for its people.
Do we want to be like China?
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May 14, 2017 02:57pm
CPEC per se is not a bad thing no matter what India and some other nations may say. It can be a game changer for a near bankrupt nation like Pakistan. It will bring the much needed billions of dollars in aid and investments. The industrial leviathan called China will also benefit. They will get newer markets to dump the goods of their ever burgeoning industries. They will also earn interest on investments made. So it can be a win-win for both. The problem lies within, with the people in power in Pakistan.
With Pakistan likely to be ruled by corrupt and greedy politicians who have already stashed trillions of dollars worth of wealth abroad, and the army top brass happy to look the other way in exchange for hundreds of acres of land and other such privileges, the CPEC has more to worry about from within.
If however people with clean image like IK are given a chance to be at the helm, Pakistan can indeed become the jewel in the crown.
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May 14, 2017 02:57pm
One can see for him/herself the signs of frustration and the darkness of despondency on the faces of the people of GB, the actual lynchpin of CPEC project, whenever such event of crucial nature take place without their representation. Yet another important event went ahead as planned but CM GB has not been invited, a move that defy any tangible logic and beyond the reach of comprehension, prompting the opposition to mount a principled protest against this uneven dealing of the units in the federation of Pakistan. According to members of opposition parties of GB, CPEC project should have been a means of solacing/assuaging uneven economic disparities of the underprivileged provinces/administrative regions instead of pumping more opportunities into the already resouceful/assertive provincies. All in all, the longstanding habit of deliberatly neglecting the political leadership of GB would benefit no one but the detractors and defy the concept of inclusiveness,a point, PM should note it.
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May 14, 2017 03:00pm
It means London and Panama Accounts more important than petty Pakistani politics.. He truly believes it!!
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May 14, 2017 03:08pm
@NaradA Muni good modern spinning mills.Any other competitiveness may be halal food industry.
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May 14, 2017 03:09pm
Stick to your ideas, give trade access to Afghanistan through your land, I will deeply appreciate your ideas. If not these are only hollow words to feed only fools mind.
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May 14, 2017 03:16pm
China is doing what East India company did 300 years back....history is repeating itself. Pakistan will realize the effects of CPEC after a decade when it won't be able to repay the debt and China will dictate it's terms.
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May 14, 2017 03:24pm
I agree what PM has said India should contribute to a peaceful vision keeping aside what differences countries have.
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May 14, 2017 03:28pm
Paksitan's double speak at the core once again. On the one hand it is strangulating afghanistan by closing the border for trade and also refusing to allow trade between india and afghanistan. But see how Pak PM double speaks about connectivitiy, peace loving etc. etc.. Giving lecture and taking high moral ground of peace, co-operation, trade, economy etc etc. Fake lecturing.
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May 14, 2017 03:37pm
@Sher Jang Gilgit-Baltistan GB Chief minister was not invited because if India attends plenary session then it shouldn't lead to any confrontation between India and Pakistan due to GB dispute.
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May 14, 2017 03:44pm
Well , if Pakistani politicians favour cpec it's there vested interest but how come general public be so ignorant of Chinese intentions. Soon Pakistan would be a colony(complete economic dependence) on China.
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May 14, 2017 03:49pm
Whilst the world moves on we south asians are stuck based on false egos. Hundreds of millions are under nourished, have no access to clean water or sanitary, no education and no basic healthcare. Yet we continue arguing amongst us. Look around guys, the world built roads, dams, metros, highways decades ago.
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May 14, 2017 03:51pm
Wonderful Initiative! And Prime Minister Nawaz Shariff is the man to realise the economic potential of this gifted land of gifted people!
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May 14, 2017 05:18pm
@suraj My friend you do not give access to your adversaries and enemies otherwise they will bite you hard. You open your heart and land to your friends like chinese and others.
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May 14, 2017 06:53pm
@manish I am in tears to see how much Indians are concerned about us. We have you guys on one side with whom is difficult to have even sustainable sports relations let alone trade relations. So what are you complaining about?
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May 14, 2017 07:21pm
@GB CM not included. Not inviting the CM GB despite the decision of India not to attend the plenary session, thereby eliminating any chance of confrontation between India and Pakistan, is something pricking in the eyes of the people of GB. This is not the first time that GB is not properly invited to such type of important meetings which is something the people of power must take into their account for the greater good of the whole nation. This would increase tbe confidence of the political leaders of GB region who have all the potential of turning the tides and fly against all odds. Peace.
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May 14, 2017 07:28pm
I fail to understand what is there for any other country in CPEC. It is an agreement between China and Pakistan which facilitate certain geographical portions of China an easy access to sea lanes. That is the scope of the total agreement. How US and UK will benefit from it, will somebody explain it to me.
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May 14, 2017 07:45pm
@Raj ill agree with this!
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May 14, 2017 07:46pm
@Mohsin abbaa
Agreed more than 100%.
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May 14, 2017 09:04pm
If you really mean what you say than start trade relations with India.China's ambitious OBOR project will be a big Financial Burden on all participating countries and ultimately make it unviable if India is not part of it.China has chosen to ignore Indian concerns and made Indian Participation almost impossible.China's Business interests in India will ultimately make them realise their folly.Because China can not afford to miss opportunities provided by Indian Market.
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May 14, 2017 09:46pm
Cpec is a international toll collection which is built to operate by china where Pakistan is a collateral security. Vehicle from China exempt from toll. Turkey will send goods to gcc through this road?
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May 15, 2017 12:11am
@P Chidambaram : Consider your status and "arch enemy of Pk and China's status as Pk BFF!
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May 15, 2017 12:14am
@The_Truth yes, I agree what you are saying. Chinese products are cheap because they are efficient people, they are hard working, they are smart and their government system does not allow nonsense. We have to learn those qualities and compete, no sense in just lamenting that their products are cheap.
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May 15, 2017 12:28am
Probably CPEC will do some good for Pakistani economy and employment. Just an observation that Pakistani people feel somewhat obliged to China, for a lot of things happening in India related to minority issues Pakistani readers react with anger ( may be correctly). But when China bans fasting during Ramadan, growing beard, sharing burqua etc, there was deafening silence. How do we explain
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May 15, 2017 12:40am
@SVK :" Concentrate [MORE] on business " than what?
Come On!
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May 15, 2017 12:58am
@Shahryar Shirazi : "Embrace commoditization" and "FIGHT IT"?
Make up your mind!
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May 15, 2017 01:20am
@Syed F. Hussaini ;What do you mean by "your geo-patriotism"--national pride?
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May 15, 2017 01:22am
@Make sense :Why is open trade between Afghan--India you concern ?
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May 15, 2017 01:23am
Did he forget this when he said no to Indian communication satellite for south asia?
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May 15, 2017 01:29am
@RAVI CHICAGO : UK got one train load of Chinese goods by cumbersome rail system of different gauges, trucks, and loaders to make the journey in 18?days at $2500.00 per car. It would take 3 weeks and $1500 per car by sea.* 3 weeks are 21 days!
$3500 by air and a few days-customs,handling,etc.
The UK sent a load to China same way at $2500 per car.
The economics of it tall?
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May 15, 2017 01:55am
I can bet this PM does not know what is Geo Eco term and what does it represent...
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May 15, 2017 02:52am
There is no future for GEO ecnomic without ending MEGA corruption in Pakistan.
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May 15, 2017 04:31am
@Shahryar Shirazi for the millionth time, it is not make business sense to move goods manufactured in Chinese coast to Africa thru Pakistan. It only makes sense if it is manufactured from their currently underdeveloped Western side. There are a lot of ifs even in this. China has land access to mid-east thru other countries, it does not need Pakistan for it. While I am happy Pakistan is all talking trade and all geared up to remove terrorism, everybody knows there is a big difference between talking and acting.
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May 15, 2017 05:47am
Geo economics will bring slavery. Geo politics will bring statesmanship. The statement by Nawaz Sherif is wrong.
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May 15, 2017 06:19am
Geo-economics must take precedence over geo-politics, PM says in Beijing
What this man says and what he does are poles apart, only a fool will take his words seriously. Reality of his past speaks loud and clear, his Geo-kickbacks take precedence over both Geo-economics and Geo-politics.
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May 15, 2017 07:15am
@N.S There is a difference. Western Designers like Apple etc use contract Manufacturers in china to make high tech products. That's china's strength but As a country India does not want non-high tech products like Cement, Steel, Soap case etc to import from China. So should be Pakistan. Just because china is cost competitive, Pakistan should not import it. You will kill your domestic industries
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May 15, 2017 07:55am
Asia's longest bridge on Brahmaputra, which will reduce travel time between Assam and Arunachal Pradesh by four hours, will be opened for public on May 26 coinciding with Modi government's three years in power.
The Dhola-Sadiya bridge, capable of withstanding the weight of a 60-tonne battle tank, will improve the movement of civilian and military vehicles to strategic locations up to Anini in Arunachal Pradesh. Anini is barely 100km from China border.
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May 15, 2017 07:56am
Away from the arc lights that accompany China's OBOR project+ , India has been quietly working on creating connectivity grids in its neighbourhood and moving beyond physical connectivity to energy as a tool of connectivity. From Indonesia to Mauritius, India is working on a web of energy relationships that seeks to leverage India's position as a big source of petroleum products, sharing of technology and building inter-dependencies.
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May 15, 2017 07:56am
Mauritius, one of India's closest partners in the Indian Ocean region could become a hub for petroleum storage and bunkering for which India has started building infrastructure. India already supplies petroleum products to Mauritius from Mangalore refineries as well as being a retail player in that country. As a petroleum hub, Mauritius' can secure its own energy supplies, while India can use it to market in other parts of Africa.
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May 15, 2017 08:02am
@Not your supporter : I recommend waiting a few more years. You will be really in tears when you see your national bill that you would need to pay China.
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May 15, 2017 08:40am
@OBOR Thank you for your kind words. May India prosper too, nothing makes more happy than seeing us two brothers become prosperous.
IndoPak Blood Brothers 4 Life!
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May 15, 2017 08:53am
Geo-economics must take precedence over geo-politics, PM says in Beijing. _We have the feeling the Chinese already know that.
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May 15, 2017 02:38pm
There is no politics without economics and no economics without politics, whether qualified with geo- or not. Whoever wrote his speech know nothing of either politics or economics!
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May 15, 2017 02:50pm
While he makes his speech, China jealously protects its economy against penetration by foreign goods. Not only that, it violates trade rules and intellectual property rights laws by making fake copies of well known brands and dumps goods in vulnerable economies like ours at the cost of our industry. Meanwhile, our worthy leaders sing love songs about Pak China friendship. They, or rather our people, will wake up when Pakistani markets would be flooded with Made in China products and our cities would burst with Chinese nationals. By these statements he is only negating his own regime's policy of not putting trade before politics with our other neighbors.
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May 15, 2017 04:31pm
I agree with him.
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May 15, 2017 08:25pm
@P Chidambaram :- We are not uncomfortable, trust me we will also benefit, Pakistan should give route to us.
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May 15, 2017 09:49pm
50 billion USD, funding by China. But practically not a single rupee comes to pak. Cement, steel, Labour everything comes from China. Means the money goes back to lender and pak is further indebted by 50billion USD without getting a single penny . Further pak gets bound to permit China, the lender to use the road so it can pay back the money which never came to her. It seems a real genius trap. Anyway , optimism is a good policy
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May 15, 2017 10:08pm
@P Chidambaram Not only India, western countries, Korea, Japan and Australia is also unease with Chinese growth. You need to blame everyone then.
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May 15, 2017 11:24pm
China is 100% business oriented, and the hosts could not agree more with the PM, I am sure.
I hope Pakistan forces itself to improve ties with India so it will have a counterweight to China when negotiating with them.
Good luck!
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