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Geoeconomics

SOUTH ASIA:

SRI LANKA:

  • Pakistan’s offer to Sri Lanka to join its multibillion-dollar trade and infrastructure scheme with China under Beijing’s Belt and Road Initiative has raised concerns in Indian policy circles, as New Delhi seeks to secure its influence in a region where China’s presence is growing. Indian strategic affairs observers said a proposal for Colombo to use Gwadar could be problematic for India’s security, as about 70 per cent of the goods that Sri Lanka’s ports now handle are transhipped to and from India. India is Sri Lanka’s largest trading partner, and the two countries also cooperate in areas such as security and defence.

SOURCE: SOUTH CHINA MORNING POST


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EURASIA:

TURKEY:

  • Turkey is pushing to co-manufacture warplanes and missiles with Pakistan, a hookup that could also give the NATO-member access to prized war technology from China. Turkish adoption of Chinese military technology could cause new frictions with the U.S., which would be loath to see Ankara move further away from the western military alliance. Washington is already sanctioning Turkey for buying a missile-defense system from Russia, and has suspended Turkish companies from participating in the development of Lockheed Martin Corp.’s F-35 stealth fighter jet.

SOURCE: BLOOMBERG


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SOUTH ASIA:

PAKISTAN:

  • Pakistan is exploring the possibility of increasing Sri Lanka’s trade connectivity to the Central Asian region through the China-Pakistan Economic Corridor (CEPC), called as a flagship project of China’s Belt and Road Initiative (BRI).

SOURCE: DAILY MIRROR


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WHAT IS HAPPENING IN GEOECONOMICS? SOUTH ASIA:

PAKISTAN:

  • Pakistan is looking for connectivity with Afghanistan, Central Asia and ultimately to Russia, with Balochistan playing a pivotal role through its geographical location and abundance of natural resources. Balochistan is a geo-strategic location as well as a hub of natural resources which if fully utilised could be a catalyst for the entire region. Since Pakistan’s inception, Balochistan had been made a target for the country’s adversaries due to its attributes, and consequently had been destabilized by internal and external elements.

SOURCE: DAILY TIMES


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WHAT IS HAPPENING IN GEOPOLITICS? SOUTH ASIA:

KASHMIR:

  • Pakistan and India have agreed to immediately cease military hostilities in disputed Kashmir by restoring a 2003 truce to deescalate tensions between the nuclear-armed South Asian rivals. Bilateral tensions have escalated dangerously since August 2019, when India unilaterally revoked the semi-autonomous status of its administered Kashmir and split the region into two union territories. Kashmir has sparked two of the three wars India and Pakistan have fought since they both gained independence from Britain in 1947.

SOURCE: VOA NEWS


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SOUTH ASIA:

PAKISTAN:

  • Chinese naval fleet heads for multinational maritime exercise in Pakistan. It is the eighth time for a Chinese naval fleet to participate in such exercises organized by the Pakistani navy.

SOURCE: NAVY RECOGNITION


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EURASIA:

TURKEY-PAKISTAN:

  • A joint military exercise involving Turkish and Pakistani special forces began. The joint military exercise will further strengthen the bond of two brotherly nations and will help in adapting the emerging trends in military modernization and cooperation, a statement said.

SOURCE: YENI SAFAK


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SOUTH ASIA:

INDIA:

  • India had alleged that China and Pakistan were behind the ongoing protests by farmers in India (thousands of farmers have been protesting since November against three laws that the government claims are aimed at liberalizing the agriculture sector). Pakistan rejected New Delhi’s claim.

SOURCE: ANADOLU AGENCY


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SOUTH ASIA:

PAKISTAN-CHINA:

  • Pakistan and China are embroiled in their most serious disagreement relating to the Belt and Road Initiative, causing the annual bilateral summit of the China-Pakistan Economic Corridor (CPEC) to be delayed.

SOURCE: NIKKEI


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SOUTH ASIA:

AFGHANISTAN:

  • Recent visits by top Taliban leaders to Pakistan ahead of the second rounds of talks that began this month have caused concerns in India about the close ties between the insurgent group and Islamabad. Pakistan has already advised against India’s involvement in Afghanistan, accusing New Delhi of launching terror attacks from the war-torn country.

SOURCE: SPUTNIK


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