Category: Newsfeed
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Wakhan Corridor: The Future Economic Hub of Central Asia
In a visionary move, the Wakhan Corridor should be set to be transformed into a Free Trade Zone (FTZ), modeled after the successful business hubs of Dubai and Singapore. This initiative aims to leverage the strategic location of the Wakhan Corridor, which connects Afghanistan, Pakistan, China, and Tajikistan, to create a thriving economic zone that…
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Saudi Arabia Invests in Pakistan’s Reko Diq Project, Signaling a New Era for Balochistan’s Mineral Wealth
In a landmark agreement, Saudi Arabia has acquired a 15% stake in Pakistan’s Reko Diq project, marking a significant milestone in the development of one of the world’s largest untapped gold and copper reserves. The deal, valued at $540 million, includes $303 million for a 10% share in the first phase and $210 million for…
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Pakistan and China Strengthen Ties, Renew Commitment to CPEC’s Second Phase
In a significant diplomatic move, Pakistan and China have reaffirmed their commitment to their “all-weather strategic” partnership, focusing on the high-quality development of the second phase of the China-Pakistan Economic Corridor (CPEC). This announcement came during the fourth round of Pakistan-China Bilateral Political Consultations (BPC) held in Beijing. The CPEC, a flagship project under China’s…