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China, Pak ink pact to build Gwadar airport
Feb 20, 2014

China and Pakistan signed an agreement on the blueprint for a huge transport project linking northwestern China to the Arabian Sea. "China-Pakistan economic corridor", will open a new route for China's goods and energy. It will also give a strong boost to Pakistan's economy and help maintain security there, they said. This will also deepen regional cooperation in South Asia and benefit people of the two countries and the region.

China Overseas Holding Ltd took over operational control of Pakistan's important Gwadar deep-water port from Singapore's PSA International earlier this year. Gwadar is close to the Pakistan-Iran border and the Strait of Hormuz, through which much of the Gulf region's oil exports are bound by ship for overseas markets.

Another agreement signed covers the laying of a fiber optic cable from the Chinese border into Pakistan that will boost Pakistan's access to international communications networks.

The transport link is described as a "long-term plan" to connect Kashgar in the Xinjiang Uygur autonomous region to the southwestern Pakistani port of Gwadar, more than 2,000 km away across a mountainous area.

India has conveyed its concerns to China which in turn went ahead arguing that it could bring about stability to Pakistan as it provides enormous economic benefits for the country and the region.


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