Global News Pakistan is a major Pakistan’s multilingual (English, Urdu, Chinese, and Russian) news agency. It provides pieces of news and opinions on political, economic, and diplomatic development in Pakistan and across the world. Thanks to this partnership with Global News Pakistan, OBOReurope will have access to the latest news from Pakistan. We will share with our reader’s news and opinions about Pakistan and the Belt and Road Initiative.
The China-Pakistan Economic Corridor is the most advanced segment of the Belt and Road Initiative, it goes from the China province of Xinjiang to the new port of Gwadar, and it offers a wide range of transport, business, infrastructure, education, and real estate projects. For China, this new corridor is a top priority since it will shorten routes from Western China to the Middle East, Africa, and Europe by bypassing the Malacca Strait. The CPEC will also act as a stimulant for economic development in Western China. For Pakistan, the CPEC is an opportunity to further reform the country and increase interregional connectivity by developing adequate infrastructure. With the CPEC, Gwadar ought to be a major hub connecting South Asia, China, Central Asia, and the Middle East. Gwadar hosting a new special economic zone and energy facilities will be a major economic center in Pakistan. Gwadar will also be the home of 2 million inhabitants by 2050. Sustainable development principles will be implemented in Gwadar and thanks to innovation projects, it will soon turn into Pakistan’s largest Smart City. However, the CPEC is not limited to Gwadar. New highways and railroads are in progress in most Pakistani regions. New SEZs are also planned to host Chinese and international investments.
OBO Reurope and The Diplomatic Insight Group both aim at better explaining BRI’s development and offer assistance to companies and organizations to seize the opportunities offered by the new Silk Roads. The two organizations understand that the BRI is about connectivity with China and is a global project open to every nation and that EU-Pakistan relations need to be upgraded. OBOReurope and The Diplomatic Insight Group will work together to support dialogue between the European Union and Pakistan. OBOReurope will defend The Diplomatic Insight Group’s interests in the EU and The Diplomatic Insight Group will do the same for OBOReurope in Pakistan.
OBOReurope and The Diplomatic Insight Group will share their experience in project management to conduct activities together. Partners will jointly work on research publications, collective books, promotional activities, business trips, and events in the European Union, Pakistan, and elsewhere. OBOReurope and the Diplomatic Insight Group are looking to develop a strong partnership that will promote the new Silk Roads worldwide.