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'Saudi Arabia to join CPEC,' ambassador tells Pakistani media group

I don't see the point of opening your land and seaport to China so that they export what they produce while you literally destroy your domestic industry, is there any benefit Pakistan get out of this overrated project?

Actually chinese never said they wil use gwadar port for their trade. They always maintained its for pakistan usage. But Pakistanis r somehow dreaming chinese wil use gwadar port for their trade and oil import they can collect toll charges.
 
Saudi Arabia to join `brotherly` Pakistan in CPEC project
Sun, 24 Sep 2017-4:51 pm,
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Saudi Ambassador to Pakistan Nawaf Saeed Ahmed Al-Malkiy said his country will invest in Gwadar Port for the progress and prosperity of Pakistanis.

Islamabad: Saudi Arabia will soon join the China-Pakistan Economic Corridor Project (CPEC) to build on the brotherly ties with Islamabad, the country's envoy has said here.


Saudi Arabia's Ambassador to Pakistan Nawaf Saeed Ahmed Al-Malkiy said his country will invest in Gwadar Port for the 'prosperity of Pakistanis'.


He also said that Pakistan Prime Minister Shahid Khaqan Abbasi and Saudi crown prince Mohammed bin Salman had agreed to boost trade ties during their recent talks.


Al-Malkiy said both the nations share brotherly relations and their latest endeavour in CPEC would further strengthen their bonds, The News reported.


He also said that former Pakistan army chief General (Retd) Raheel Sharif's appointment as head of the 39-nation Islamic military coalition is aimed at enhancing its capabilities to fight terror and not directed at anyone.
 
Actually chinese never said they wil use gwadar port for their trade. They always maintained its for pakistan usage. But Pakistanis r somehow dreaming chinese wil use gwadar port for their trade and oil import they can collect toll charges.
Cannot agree more. The purpose of gwader port is to support the needs of a new manufacture industry in Pakistan, which will be built once the infrastructure is in place. When there are road, energy source, port, labour force, industry will be attracted and grow like mushroom. This is how China became industrialized in the last 2-3 decades and this proven economical formula is going to help Pakistan industrialized and prosperous in the coming years.:pakistan::china:
 
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