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Pak Replaces Lt. Gen Bajwa As Chief Of China-Pakistan Economic Corridor
Pak replaces Lt. Gen Bajwa as chief of China-Pakistan Economic Corridor Islamabad, Aug 3 (PTI) The Pakistan government on Tuesday replaced Lieutenant General (retd) Asim Saleem Bajwa as chief of the China-Pakistan Economic Corridor (CPEC) Authority, in an effort to expedite the implementation of key infrastructure projects undertaken by Beijing in the country. A notification issued by the Prime Minister s Office said Khalid Mansoor has been appointed as Special Assistant to the Prime Minister on CPEC Affairs with immediate effect. The appointment will be in an honorary capacity, it added.
Pakistan Stream Gas Pipeline: Russia’s Key to South Asia?
Publication: Eurasia Daily Monitor Volume: 18 Issue: 123
(Source: Daily Times)
Russian Energy Minister Nikolai Shulginov and Pakistan’s ambassador to Moscow, Shafqat Ali Khan, signed a revised agreement on May 28 that initiates the construction of the planned Pakistan Stream Gas Pipeline (PSGP) (Minenergo.gov.ru, May 28). Formerly known as the North-South Gas Pipeline, this infrastructural mega-project (1,100 kilometers in length) is expected to cost up to $2.5 billion and should be completed by 2023. The pipeline will secure the delivery of 12.3 billion cubic meters (bcm) of natural gas per year from the liquefied natural gas (LNG) terminals in Karachi and Gwadar to the large north-central city of Lahore. Importantly, this project will be the first such large-scale economic initiative between Moscow and Islamabad undertaken since the mid-1970s.
Asim Bajwa steps down as CPEC Authority chairman
August 4, 2021
ISLAMABAD: Lt-Gen (retd) Asim Saleem Bajwa has stepped down from the chairmanship of the China-Pakistan Economic Corridor (CPEC) Authority, and Khalid Mansoor has been appointed as the Prime Minister’s aide on affairs related to the project.
In a couple of tweets on Tuesday, Bajwa said he was grateful for the opportunity to steer the “important institution” and chart its future direction. “I bow my head before Allah Almighty for giving me an opportunity to raise and steer the important institution of CPEC Authority as one window for all CPEC projects, charting the future direction.”
MA XUEJING/CHINA DAILY
SCO members are jointly strengthening their cooperation to bring more practical benefits to peoples in the region
This year marks the 20th anniversary of the founding of the Shanghai Cooperation Organization. Since its founding, SCO member countries have been upholding the Shanghai Spirit, achieving remarkable results in promoting regional economic and trade cooperation, and boosting regional economic development.
In 2020, the trade volume among SCO members reached close to $245 billion, 13 times larger than the figure in 2001. The trade volume from January to April this year was $97.7 billion, representing year-on-year growth of 37.6 percent. China is the largest trade partner of Russia, Uzbekistan, India and Pakistan.
Pakistan replaces Lt. Gen Bajwa as chief of China-Pakistan Economic Corridor
The Pakistan government on Tuesday replaced Lieutenant General (retd) Asim Saleem Bajwa as chief of the China-Pakistan Economic Corridor (CPEC) Authority, in an effort to expedite the implementation of key infrastructure projects undertaken by Beijing in the country. A notification issued by the Prime Minister s Office said Khalid Mansoor has been appointed as Special Assistant to the Prime Minister on CPEC Affairs with immediate effect. The appointment will be in an honorary capacity, it added.
Mansoor with over four decades of corporate experience replaced Bajwa, who was appointed in November 2019 after his retirement from the Pakistan Army.