logo
Experts discuss challenges to CPEC

Experts discuss challenges to CPEC

Express Tribune2 days ago

The Institute of Regional Studies (IRS) hosted a seminar titled "Assessment of Renewed Security Challenges to CPEC Post-Indo-Pak Escalation."
The event brought together prominent practitioners, diplomats, policymakers, experts, academics and intelligentsia who collectively advocated for strategic regional alliances, robust internal reforms, economic resilience, advanced security infrastructure and proactive diplomatic engagements to overcome current and emerging challenges to China Pakistan Economic Corridor.
Pakistan's former envoy to China, Naghmana Hashmi, linked increased terrorism with broader geopolitical tensions, particularly western apprehensions towards China's rise. Analysing how recent Indo-Pak escalations dispelled myths surrounding India's military dominance, prompting Western powers to reconsider their strategic reliance on India, she urged comprehensive internal reforms, particularly addressing socio-economic grievances in Balochistan.
Major General (retd) Dr Samrez Salik, with a PhD on CPEC, emphasised Pakistan's critical transformation from a security-centric to an economically driven state, dependent significantly on CPEC's success.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan says no decision yet to scrap bilateral agreements with India
Pakistan says no decision yet to scrap bilateral agreements with India

Express Tribune

time2 hours ago

  • Express Tribune

Pakistan says no decision yet to scrap bilateral agreements with India

Listen to article No decision has yet been taken to scrap bilateral agreements with India, Pakistan's foreign ministry said on Thursday – a day after Defence Minister Khawaja Asif claimed that the 1972 Simla Agreement between the two hostile neighbours was a 'dead' document. Responding to media queries, a senior Foreign Office official said that while India's recent actions and statements prompted internal discussions, Pakistan had made no formal or conclusive move to annul any of its bilateral accords with New Delhi. 'At present, there is no formal decision to terminate any bilateral accord,' the official stated, indicating that the existing bilateral agreements, including the Simla Agreement, remain in effect. Read more: Asif declares Simla agreement a 'dead document' The clarification came a day after Defence Minister Khawaja Asif, during an interview with a private television channel, said the Simla Agreement had lost its relevance and validity due to India's recent unilateral actions. 'The Simla Agreement is now a dead document. We are back to the 1948 position, when the United Nations declared the Line of Control a ceasefire line following the ceasefire and resolutions,' Asif said. He argued that the bilateral framework agreed upon in 1972 had collapsed, and future disputes would have to be addressed through multilateral or international channels. Referring to the first Indo-Pak war and the resulting UN-mediated ceasefire, the minister asserted that India's steps — particularly the revocation of Article 370 in Jammu and Kashmir in 2019 — had undermined the foundations of bilateral engagement. He also questioned the current status of other key agreements, saying: 'Whether the Indus Waters Treaty is suspended or not, Simla is already over.' In a pointed warning, the defence minister commented on the broader security situation, saying the threat of conflict with India was still there. 'Pakistan does not desire war, but if it is imposed on us, our response will be even stronger than before,' he warned. Read more: Simla Agreement 1972: Key points and exit implications The Simla Agreement, signed in 1972 in the aftermath of the 1971 Indo-Pak war, committed both countries to resolving their disputes through peaceful and bilateral means. The accord converted the ceasefire line in Jammu and Kashmir into the Line of Control (LoC) and obligated both sides to refrain from the threat or use of force, while respecting each other's sovereignty and territorial integrity. Khawaja Asif's remarks came against the backdrop of New Delhi's recent announcement to unilaterally suspend the Indus Waters Treaty (IWT), followed by unprovoked strikes inside Pakistani territory last month—developments that triggered heightened military tensions between the two nuclear-armed neighbours. In the wake of India's move, Pakistani authorities reported a sharp decline of 91,000 cusecs in water flows from India into the Chenab River as the Indian Prime Minister, Narendra Modi, has continued to issue hawkish statements, suggesting the use of water as a strategic weapon against Pakistan. Days after announcing the suspension of the treaty, PM Modi declared that water previously flowing to Pakistan would now be retained for domestic use, asserting that Pakistan would no longer receive water from rivers over which India claims rights.

JPMorgan wins UK court order to block VTB's $156 million Russian lawsuits
JPMorgan wins UK court order to block VTB's $156 million Russian lawsuits

Business Recorder

time4 hours ago

  • Business Recorder

JPMorgan wins UK court order to block VTB's $156 million Russian lawsuits

LONDON: JPMorgan Chase on Thursday won its bid to block Russia's VTB Bank suing it in Russia over nearly $156 million, in the latest case brought at London's High Court to try and stop Russian litigation. The U.S. lender took legal action in London last year after VTB sued it in Russia, seeking $155.8 million after VTB was hit by Western sanctions after Russia's invasion of Ukraine, which prompted JPMorgan to freeze VTB funds in various accounts. JPMorgan argued that VTB's Russian lawsuits were in breach of their previous agreement to settle any disputes through arbitration and applied for an anti-suit injunction in London, to prevent VTB pursuing its case in Russia. Judge David Foxton ruled in JPMorgan's favour on Thursday, saying in a written ruling that VTB's pursuit of its lawsuits in Russia was 'vexatious and oppressive'. JPMorgan says interest income could rise this year even as uncertainty persists JPMorgan declined to comment. VTB Bank had no immediate comment. The dispute in London is just one strand of JPMorgan and VTB's legal battle, which has also prompted litigation in New York. JPMorgan is the latest financial institution to turn to courts in the West to try and stop litigation brought in Russia. In February, UniCredit won a bid to overturn an anti-suit injunction the Italian bank had obtained against a subsidiary of Russian energy giant Gazprom, citing a potential 250 million euro fine it faced in Russia.

Khamenei dismisses US nuclear proposal
Khamenei dismisses US nuclear proposal

Express Tribune

time14 hours ago

  • Express Tribune

Khamenei dismisses US nuclear proposal

Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday that abandoning uranium enrichment was "100 per cent" against the country's interests, rejecting a central US demand in talks to resolve a decades-long dispute over Tehran's nuclear ambitions. The US proposal for a new nuclear deal was presented to Iran on Saturday by Oman, which has mediated talks between Iranian Foreign Minister Abbas Araqchi and President Donald Trump's Middle East envoy, Steve Witkoff. After five rounds of talks, several hard-to-bridge issues remain, including Iran's insistence on maintaining uranium enrichment on its soil and Tehran's refusal to ship abroad its entire existing stockpile of highly enriched uranium — possible raw material for nuclear bombs. Khamenei, who has the final say on all matters of state, said nothing about halting the talks, but said the US proposal "contradicts our nation's belief in self-reliance and the principle of 'We Can'". "Uranium enrichment is the key to our nuclear programme and the enemies have focused on the enrichment," Khamenei said during a televised speech marking the anniversary of the death of the Islamic Republic's founder, Ayatollah Ruhollah Khomeini. "The proposal that the Americans have presented is 100pc against our interests —The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear programme. Who are you to decide whether Iran should have enrichment?" he added. "Independence means not waiting for the green light from America and the likes of America." Khamenei said, "If we have 100 nuclear power plants but don't have enrichment, they will be of no use to us," because "nuclear power plants need fuel" to operate. "If we cannot produce this fuel domestically, we have to reach out to the United States, which may have dozens of conditions." Tehran says it wants to master nuclear technology for peaceful purposes and has long denied accusations by Western powers that it is seeking to develop nuclear weapons.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store