India To Produce Ammunitions For UAE Armed Forces

[DESERT FIGHTER]

Please list the countries that would trade with Central Asia through the routes of Pakistan.

I already gave you some.. I'm sure you can google rest.

 

[dadeechi]

I already gave you some.. I'm sure you can google rest.

I am cannot find any other than GCC in your post.

You need either huge buyers like China/India or huge sellers like Russia/Saudi to have ROI.

Why would any Central Asian country buy oil from GCC when they could buy from Iran, Turkmenistan or Kazakhstan

If you are referring to trade of other goods, please post details of the selling country, buying country and the product that is going to be traded.

.

 

[Perpendicular]

Please list the countries that would trade with Central Asia through the routes of Pakistan.

So far only China but it might change, who knows

1. After a series of abortive ground-breaking ceremonies, construction of the first phase of the port kicked off in 2002 when the Govt of China pledged US$ 248 million for the project.

2. This phase, comprising of four medium-sized berths and a channel dredged to a depth of 12.5 meters, financed and executed by the Chinese, was officially inaugurated in March 2007.

3. Port management was subsequently handed over to the Port of Singapore Authority. PSA was bound by the agreement to spend at least US$ 525 million on the port as well as the adjacent Free Zone, which it was also supposed to manage.

4. Since no ships were touching port for obvious reasons, and with no one expressing interest in investing in the Free Zone area, it became increasingly obvious that a change of port operator was in order. The only snag was that the agreement signed was binding for a period of 40 years and any unilateral attempt to terminate it would have led to exorbitant compensatory claims.

5. China Overseas Port Holding Company, which was keen on taking over, thus negotiated directly with PSA for transference of its legal rights. This resulted in the termination of the original concession agreement in 2012 and signing of a new agreement with COPHC an year later(18 Feb 2013).

Come 2016

a. Let alone generating any revenue, the port has been soaking up money in terms of staff salaries and port maintenance, dredging in particular. The few ships(carrying wheat and urea), which were forced to reroute to Gwadar as a face-saving measure, actually added to the public exchequer’s burden, for had they proceeded directly to Karachi or Bin Qasim as originally planned, the costs incurred in cargo handling and shipment would have been around 7 times lower.

b. PSA didn’t invest the money it was supposed to under the agreement on the pretext that 584 acres out of the total 923 hectares earmarked for the zone had not been handed over.

c. No investment has yet materialised in the Free Zone due to an absence of essentially needed facilities and utilities.

Nobody can say what will be the future of this project.