India, Saudi Arabia to speed up kingdom’s $100-billion investment plan

[kmc_chacko]

Building infrastructure loses you money in the short term but in the long term its well worth it. And unlike the spice corridor, Pakistan actually borders China, the world's second largest economy. Speaking of China, they have got $3 trillion worth of reserves (the most in the world) and even a country like the U.S owes them debt. BTW India's Debt to GDP ratio is almost the same as Pakistan's. So this debt argument and labelling Pakistan falling into trap is complete bull sh!t. China needs Pakistan and Pakistan needs China. India is the loser facing a two front war.

Countries build infrastructure to generate revenue not to increase their debt. If you are investing for future you need to have proper plan for it. But, as per Wiki CPEC was to provide secured and reduced passage for China's energy imports from the Middle East and for boosting the trade between Europe and China, due to this Pakistan hoped to generate 2-3 million jobs.

If I analyze CPEC then it was a golden opportunity provided by China to Pakistan, GoP should have used this opportunity not only to build power plants, but also should have aimed to overcome an electricity shortfall and to build infrastructure networks to transport the power to different Industrial complexes and thereby generate revenue and they should have modernized transportation networks using toll collected through movement of goods.

But, what actually did you achieved from CPEC ? Pakistan’s political instability and poor decision making converted investment into debt and now you are struggling to repay the interest also.

That’s isn’t called planned investment, instead it’s a planned suicide.

 

[Sliver]

I still never understood what exactly China needs from Pakistan in terms of imports to China.

 

[nibba]

We can improve relations with Qatar to annoy KSA

We can improve relations with Syria to annoy Turkiye

We can improve relations with Azerbaijan to annoy the Iranians.

We have options to play this game.

First We need to draw the redlines and if they do not listen then take it to the next level.

Im voting for abdul rehman majeed next pakistan general election.

Such vision deserves highest office

 

[indushek]

I still never understood what exactly China needs from Pakistan in terms of imports to China.

None whatsoever

If you haven't noticed till now, their exports are like 10 to 1 or even 10 to 0 with almost every country they have trade with.

Pakistan serves two purposes overall, as a deterrent or counterweight to India at one point and now as a transit corridor to Central Asia.

 

[nahtanbob]

India's Debt to GDP ratio is almost the same as Pakistan's. So this debt argument and labelling Pakistan falling into trap is complete bull sh!t.

Bother to publish the numbers to back up your claims

 

[RoadRunner401]

None whatsoever

If you haven't noticed till now, their exports are like 10 to 1 or even 10 to 0 with almost every country they have trade with.

Pakistan serves two purposes overall, as a deterrent or counterweight to India at one point and now as a transit corridor to Central Asia.

Non sense we import from England goods and services and we export billions upon billions in dollars and pounds To England...

You guys have military plus politicians plus government employees we streamlined all that we have Military doing all those jobs saving us billions upon billions...

Soon we will be 2nd highest cucumber producing country right behind Egypt.one will be called African Tiger and we will be called Asian Tiger.

We offer highest return on investment opportunities to the world even though you are not from ummah nation we will offer you the same investment as we offered to Arabs you gives us 25 billion dollars we will give you 15 billion dollars back even on the same day. Not sure why Saudies didn't take us up on such a good offer...

 

[Puffin]

Im voting for abdul rehman majeed next pakistan general election.

Such vision deserves highest office

Pakistan problem is the exact opposite.
There are far too many Abdul Rehman Majeed's in Pakistan

Pakistan serves two purposes overall, as a deterrent or counterweight to India at one point and now as a transit corridor to Central Asia.

Gwadar is a seaport to keep an eye on the Indian ocean and the Gulf for the Chinese.
There IS NO TRANSIT CORRIDOR to central Asia from Gwadar . NOTHING IS BEING TRANSITED. Central Asia has no goods to export except Energy and their requirements are well met by China and Russia directly.
There is NOTHING to transit , there never was.

 

[flameboard]

source ??

MbS won hearts of Pakistanis by saying 'consider me Pakistan's ambassador to Saudi Arabia': PM

.

www.geo.tv

 

[maithil]

India, Saudi to link power grids using subsea cable
View attachment 952948
NEW DELHI :India and Saudi Arabia agreed to link their power grids, underscoring a deepening energy alliance that could significantly boost the reliability of power grids in both countries and foster economic development.

The agreement on linking power grids follows another more expansive infrastructure connectivity project plan to develop an India-Middle East-Europe economic corridor. The project, announced on 9 September during the G20 summit, envisages a rail and shipping corridor connecting India, the United Arab Emirates (UAE), Saudi Arabia, the European Union, France, Italy, Germany and the US.

The agreement was signed on Sunday by the Union minister for new and renewable energy, R.K. Singh, and the minister of energy for the Kingdom of Saudi Arabia, Abdulaziz bin Salman bin Abdulaziz Al Saud, a government statement said.

Mint first reported on 25 April that India plans to interconnect the national power grids of the two countries through a subsea cable.

India has been exploring linking its power grid with those of Saudi Arabia and the UAE through subsea cables from its west coast and with the power grid of Singapore from the east coast. By sharing power resources across regions, countries can reduce the need for costly renewable energy storage solutions and improve the reliability of their power grids. India’s pursuit of grid interconnectivity could also prove critical to its long-term economic and energy security goals. India is pursuing the One Sun One World One Grid (OSOWOG) plan, which aims to connect countries through a global power grid.

A task force set up by the power ministry has examined the feasibility of interconnecting the regional grids of Southeast Asia, South Asia, the Middle East, Africa, and Europe for sharing renewable energy.

According to the agreement signed on Monday, apart from grid interconnectivity, India and Saudi Arabia will cooperate in the areas of renewable energy, energy efficiency, hydrogen, electricity, petroleum, natural gas, strategic petroleum reserves and energy security.

The pact also aims to encourage bilateral investment in renewable energy, electricity, hydrogen and storage, along with investments in conventional fuels like oil and gas. Saudi Arabia has traditionally been a major supplier of oil to India.

However, India has been actively exploring strategies to diversify its energy resources because of the significant turbulence in the global energy markets following Russia’s incursion into Ukraine.

The India-Saudi pact also involves cooperation between the nations to combat climate change through the development of technologies, including carbon capture, utilization and storage, and circular economy. It would also promote digital transformation, innovation, cybersecurity and artificial intelligence in the field of energy, along with help working on developing qualitative partnerships between the two countries to localize materials, products and services related to all sectors of energy, supply chains and its technologies, the statement said.

India, Saudi to link power grids using subsea cable

The agreement on linking power grids follows another more expansive infrastructure connectivity project plan to develop an India-Middle East-Europe economic corridor

www.google.com

We are just getting started. We can thank Eleven for showing us the mistakes to avoid.

 

[TriptiD]

MbS won hearts of Pakistanis by saying 'consider me Pakistan's ambassador to Saudi Arabia': PM

.

www.geo.tv

Is there a quote directly from the Prince ? In the past, many people have denied what Imran Khan has claimed they told him.

 

[maithil]

Countries build infrastructure to generate revenue not to increase their debt. If you are investing for future you need to have proper plan for it. But, as per Wiki CPEC was to provide secured and reduced passage for China's energy imports from the Middle East and for boosting the trade between Europe and China, due to this Pakistan hoped to generate 2-3 million jobs.

If I analyze CPEC then it was a golden opportunity provided by China to Pakistan, GoP should have used this opportunity not only to build power plants, but also should have aimed to overcome an electricity shortfall and to build infrastructure networks to transport the power to different Industrial complexes and thereby generate revenue and they should have modernized transportation networks using toll collected through movement of goods.

But, what actually did you achieved from CPEC ? Pakistan’s political instability and poor decision making converted investment into debt and now you are struggling to repay the interest also.

That’s isn’t called planned investment, instead it’s a planned suicide.

Hehehe... There is a reason why even their Army does not want to talk about CPEC and instead has pinned their hopes on Arab money. CPEC has indeed become game changer, for us. Saddling Pakistan with 30 billion debt and so expensive power plants is best work by Eleven.

Is there a quote directly from the Prince ? In the past, many people have denied what Imran Khan has claimed they told him.

And after this statement ( even if true), same prince ordered Pakistan’s Army to get rid of Imran.

 

[flameboard]

Is there a quote directly from the Prince ? In the past, many people have denied what Imran Khan has claimed they told him.

how about a direct recording?

now i hope you no longer trust the people that have denied this

 

[TriptiD]

how about a direct recording?

now i hope you no longer trust the people that have denied this

Thanks for posting. I didn't say anyone has denied this, just that in other instances, people have denied quotes Imran Khan has attributed to them.

 

[indushek]

Non sense we import from England goods and services and we export billions upon billions in dollars and pounds To England...

You guys have military plus politicians plus government employees we streamlined all that we have Military doing all those jobs saving us billions upon billions...

Soon we will be 2nd highest cucumber producing country right behind Egypt.one will be called African Tiger and we will be called Asian Tiger.

We offer highest return on investment opportunities to the world even though you are not from ummah nation we will offer you the same investment as we offered to Arabs you gives us 25 billion dollars we will give you 15 billion dollars back even on the same day. Not sure why Saudies didn't take us up on such a good offer...

That was a nice one man, really made me laugh hard.

You outsmarted even ziaulislam, who I consider the best in satire. Lovely

Pakistan problem is the exact opposite.
There are far too many Abdul Rehman Majeed's in Pakistan



Gwadar is a seaport to keep an eye on the Indian ocean and the Gulf for the Chinese.
There IS NO TRANSIT CORRIDOR to central Asia from Gwadar . NOTHING IS BEING TRANSITED. Central Asia has no goods to export except Energy and their requirements are well met by China and Russia directly.
There is NOTHING to transit , there never was.

Gwadar as of now can't serve the purpose it was intended to, for both the Chinese and Pakistanis.

Not until the BLA issue gets resolved, and there is a reason why the route through Central Asia hasn't achieved much. The route passes through many countries with issues, so for some time in future at least it won't be feasible. Hundred percent agree with you.

 

[Puffin]

MBS at Rastrapati Bhavan