【Beijing】China on the 27th of March defended its ambitious USD 46 billion CPEC project, saying President Xi Jinping's pet initiative was aimed at improving livelihood of people in the area and will not affect Beijing's stand on the Kashmir issue.
Reacting guardedly to a motion tabled in the UK parliament condemning Pakistan's "arbitrary" move to declare the strategic Gilgit-Baltistan region as its fifth province, China said its position on the issue of Kashmir is consistent.
The motion introduced by Conservative MP Bob Blackman, who regularly speaks out in support of the rights of Kashmiri Hindus in the House of Commons, said that Gilgit-Baltistan has been illegally occupied by Pakistan since 1947 and the country is attempting to annex the already disputed area.
Commenting on the motion, the Chinese Foreign Ministry said it was a motion moved by a member and not a resolution.
CPEC (Communication Power Engineering Company) is a solar photovoltaic power plant developer and operator in India and Africa, founded in Mumbai, India, in 1942, with headquarters in London, United Kingdom.
○IPGPL invites bids to select firm for Chabahar Port
【New Delhi】India has commenced work on developing Iran’s Chabahar Port and will soon select a private player for the development of a multipurpose berth and a port terminal at an estimated investment of $85 million.
India Ports Global Private Limited (IPGPL), a joint venture between Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT), has invited preliminary bids, under the first phase of development, for the selection of a developer to set up the multipurpose berth and the port terminal, the officials said.
Adani Enterprises and JSW Group are among those interested in the project, officials aware of the development said.
The move assumes geopolitical significance because China is marching ahead in executing the Gwadar Port in Pakistan.
China says CPEC will not affect its stand on Kashmir issue
IPGPL invites bids to select firm for Chabahar Port
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