Belt and Road Initiative to change world's landscape: Pakistani FM

[BHarwana]

ISLAMABAD, Feb. 26 (Xinhua) -- Pakistani Foreign Minister Khawaja Muhammad Asif said on Monday that the Belt and Road Initiative is an extraordinary venture, which will change the landscape of the world through its development agenda and win-win cooperation.

The minister made the remarks during a photo exhibition on the Chinese New Year in the ministry and said that the initiative signals the hope and spirit of South-South Cooperation.

Asif said the visionary concept of the initiative is a harbinger of shared dreams, common prosperity and win-win cooperation among the people of the world.

"The Belt and Road Initiative is the most significant transformative initiative in recent human history," said Asif, adding that "through a focus on the connectivity of infrastructure including roads, rail links, sea routes, ports, connectivity of policy, trade and finance, we are observing a phenomenon."

The minister was also satisfied over the practical implementation of the Belt and Road Initiative in Pakistan through its pivotal project of China-Pakistan Economic Corridor (CPEC).

"CPEC is making excellent progress and is rapidly transforming the infrastructure and energy landscape of the country,"said the minister, hoping that CPEC will further strengthen the relations between Pakistan and China for the prosperity of the region.



http://www.xinhuanet.com/english/2018-02/26/c_137001320.htm

 

[patman]

"Debt traps everywhere"

-sri lanka

 

[BHarwana]

"Debt traps everywhere"

-sri lanka

Even with CPEC Pakistani Debt is lower than Indian, get concerned about India's debt. lol.

 

[Sankpal]

It is successful project for China but not sure about pakistan

 

[patman]

Like getting basic sanitation to 1,400,000,000,000,000,000,000,000,000,000,000,000 people who are pooping on the streets.

That is some mega-poop.

Already done unlike Pakistan's 12% who are still there

http://www.swachhbharaturban.in/sbm/home/#/SBM

Pakistans entire economy is equal to a Indian city , naturally we have projects wich much larger face value

 

[BHarwana]

Pakistans debt is 62% of its economy , India is 50%

FYI cpec maybe a big deal for Pakistan but its a joke to the mega projects in India

You are wrong Pakistan has to pay 1-2 percent on CPEC loan and where as India is paying 7.8 percent so in that regards Indian Loan is 500 times greater than Pakistan. lol

 

[Path-Finder]

Like getting basic sanitation to 1,400,000,000,000,000,000,000,000,000,000,000,000 people who are pooping on the streets.

That is some mega-poop.

 

[N.Siddiqui]

Pakistans entire economy is equal to a Indian city ,

This is an internet hoax...no need to believe it.


...just as the Indians believe that 40% of NASA engineers are Indians, 30% of Micro Soft people are from India...and India has pips China to become the largest FDI destination, Indian media constantly feeds poor Indians with these delusions of grandeur and gullible Indians inadvertently buys and accepts these falsehood...

 

[Indus Pakistan]

Already done unlike Pakistan's 12% who are still there

Countries that account for almost three-quarters of the people who practice open defecation:

• India (626 million) *About 50% of India.
  
• Indonesia (63 million)
• Pakistan (40 million) *About 20% of Pakistan

Now I know what your going to say. The pooping mega capital of the world India saw a miracle since Modi took over. He waved a magic "abrapujamuja" and the problem disappeared. Carry on inhaling Modi's fartfumes. Ganga is the world's latrine. Modi or no Modi.

http://www.who.int/water_sanitation_health/monitoring/jmp2012/fast_facts/en/

 

[patman]

You are wrong Pakistan has to pay 1-2 percent on CPEC loan and where as India is paying 7.8 percent so in that regards Indian Loan is 500 times greater than Pakistan. lol

I think I got my first migraine by reading a idiotic comment. This is the dumbest comparison I've seen in ages, Your country is in a debt crisis not India

 

[N.Siddiqui]

I think I got my first migraine by reading a idiotic comment. This is the dumbest comparison I've seen in ages, Your country is in a debt crisis not India

India is in a worst debt trap...check these links.


India is borrowing more and more to pay its existing loans, and that could wreck development dreams

https://scroll.in/article/818686/in...loans-and-that-could-wreck-development-dreams





India’s Debt Trap – 25% Of The Budget Is Spent On Paying Of Debts

https://thelogicalindian.com/story-...25-of-the-budget-is-spent-on-paying-of-debts/

 

[patman]

Countries that account for almost three-quarters of the people who practice open defecation:

• India (626 million) *About 50% of India.
  
• Indonesia (63 million)
• Pakistan (40 million) *About 20% of Pakistan

Now I know what your going to say. The pooping mega capital of the world India saw a miracle since Modi took over. He waved a magic "abrapujamuja" and the problem disappeared. Carry on inhaling Modi's fartfumes. Ganga is the world's latrine. Modi or no Modi.

http://www.who.int/water_sanitation_health/monitoring/jmp2012/fast_facts/en/

The data is from 2010 it says right there on the bottom , the ngo servy was condocted in 2006-2009

You are using data that's more than a decade old

http://www.swachhbharaturban.in/sbm/home/#/SBM

This is the current data & is live ,updated on each progress

 

[ziaulislam]

Pakistans debt is 62% of its economy , India is 50%

FYI cpec maybe a big deal for Pakistan but its a joke to the mega projects in India

WRONG
PER RESERVE BANK OF INDIA(OFFICIAL SOURCE ITS NEARLY 70 %)
https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/TABLE2433A14D51B8E7F4746AB9FF72CCABF5F94.PDF

as usual stupid cherry picking ignoring state loans

 

[patman]

India is in a worst debt trap...check these links.


India is borrowing more and more to pay its existing loans, and that could wreck development dreams

https://scroll.in/article/818686/in...loans-and-that-could-wreck-development-dreams





India’s Debt Trap – 25% Of The Budget Is Spent On Paying Of Debts

https://thelogicalindian.com/story-...25-of-the-budget-is-spent-on-paying-of-debts/

https://www.ceicdata.com/en/indicator/india/government-debt--of-nominal-gdp
India's external debt is 45.5% of gdp that's managable & shrank from 46% im 2018

Pakistan's debt is 67.2% as of 2017

https://defence.pk/pdf/threads/paki...reaches-67-2-percent-finance-ministry.538536/

Things are still going worse

 

[N.Siddiqui]

Pakistan's debt is 67.2% as of 2017

This 67.2% for Pakistan includes external and internal debt, what you quoted is just India's external debt.

India total debt internal and external is about 69% of it's GDP, slightly higher than Pakistan at 67.2% of GDP as you quoted.

Check 2014 figure now obviously more in 2017-18