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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
CHINESE SHIP OPENS NEW TRADE ROUTE VIA GWADAR PORT
Nov 18, 2016

What we are discussing?: China starts using Gwadar port for commercial purposes.

A new international trade route is opened up in Pakistan’s Balochistan province. A Chinese ship that’s exporting goods to the Middle East and Africa was given a send off from the newly built Gwadar port recently. 

  • The first convoy of Chinese trucks carrying goods for sale abroad has arrived in Pakistan amid tight security using a road linking Gwadar to China’s northwestern Xinjiang region.
  • Pakistan said it will provide best possible security to foreign investors to enable them to use the Chinese-funded port for international trade.

Developed & Controlled by China 

  • China is building a network of roads and power plants under a project known as China-Pakistan Economic Corridor that is expected to absorb $46 billion in Chinese investment in the coming decades.
  • China is seeking convenient and reliable access to the Arabian Sea and the Indian Ocean. Chinese ships now use the Strait of Malacca, a narrow passage between the Malay Peninsula and Indonesia. 
  • The proposed new route would give China access to the Persian Gulf region and the Middle East.

Cause of Concern for India

  • China’s role in operating a strategically important port in Pakistan is a matter of concern for India. Management of Gwadar port, around 600 km from Karachi and close to Pakistan’s border with Iran, is in the hands of state-run Chinese Overseas Port Holdings.

Gwadar Port

  • Gwadar port is located on the Arabian Sea and it occupies a strategic location between South Asia, Central Asia and the Middle East. The port is also located at the mouth of the Persian Gulf, just outside the Straits of Hormuz.
  • The port was built in 2007 with technical help from Beijing as well as Chinese financial assistance of about $248 million.


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