AIRLINK 211.50 Increased By ▲ 0.53 (0.25%)
BOP 10.30 Decreased By ▼ -0.37 (-3.47%)
CNERGY 7.05 Decreased By ▼ -0.36 (-4.86%)
FCCL 34.50 Increased By ▲ 0.93 (2.77%)
FFL 17.99 Decreased By ▼ -0.42 (-2.28%)
FLYNG 23.75 Increased By ▲ 0.13 (0.55%)
HUBC 133.00 Increased By ▲ 1.61 (1.23%)
HUMNL 14.03 Decreased By ▼ -0.07 (-0.5%)
KEL 4.94 Decreased By ▼ -0.04 (-0.8%)
KOSM 7.06 Decreased By ▼ -0.10 (-1.4%)
MLCF 44.69 Increased By ▲ 0.93 (2.13%)
OGDC 214.19 Increased By ▲ 0.63 (0.29%)
PACE 7.23 Decreased By ▼ -0.22 (-2.95%)
PAEL 40.39 Decreased By ▼ -1.14 (-2.75%)
PIAHCLA 17.55 Increased By ▲ 0.08 (0.46%)
PIBTL 8.47 Decreased By ▼ -0.13 (-1.51%)
POWERPS 12.50 Decreased By ▼ -0.01 (-0.08%)
PPL 184.65 Decreased By ▼ -4.95 (-2.61%)
PRL 42.00 Decreased By ▼ -2.31 (-5.21%)
PTC 25.30 Increased By ▲ 0.33 (1.32%)
SEARL 102.90 Decreased By ▼ -0.47 (-0.45%)
SILK 1.05 Increased By ▲ 0.02 (1.94%)
SSGC 38.80 Decreased By ▼ -1.70 (-4.2%)
SYM 18.94 Decreased By ▼ -0.58 (-2.97%)
TELE 9.08 Decreased By ▼ -0.36 (-3.81%)
TPLP 13.11 Decreased By ▼ -0.39 (-2.89%)
TRG 66.31 Increased By ▲ 1.84 (2.85%)
WAVESAPP 10.47 Decreased By ▼ -0.43 (-3.94%)
WTL 1.62 Decreased By ▼ -0.03 (-1.82%)
YOUW 4.18 Decreased By ▼ -0.03 (-0.71%)
BR100 12,029 Decreased By -162.1 (-1.33%)
BR30 36,263 Decreased By -319.2 (-0.87%)
KSE100 115,820 Decreased By -434.9 (-0.37%)
KSE30 36,398 Decreased By -205.2 (-0.56%)

China has not asked for military access to Chinese-funded, deepwater port of Gwadar, a senior Pakistani rear admiral said on Friday, amid persistent speculation in India and the United States it could become a Chinese naval base. Gwadar is the crown jewel of China's $60 billion investment in Belt and Road Initiative projects in Pakistan.
The plan is to turn Gwadar into a trans-shipment hub and megaport to be built alongside special economic zones from which export-focused industries will ship goods worldwide. A web of energy pipelines, roads and rail links will connect Gwadar to China's western regions. Last year the Pentagon singled out Pakistan as a possible location for a future Chinese military base, though China has said that is pure speculation. Diplomatic and security sources see Gwadar as the likely location.
Speaking at the Xiangshan Forum in Beijing, which China styles as its answer to the annual Shangri-La Dialogue security forum in Singapore, Rear Admiral Javaid Iqbal of the Pakistan Navy, said Gwadar is a "significant addition to the regional maritime landscape".
"Let me emphasise that the Gwadar port is purely a commercial venture and has no military overtones," he told the forum. "Suitably located outside the potentially risky and confined waters of the Gulf, Gwadar has the potential to act not only as a transit port for China and Central Asia but also a trans shipment port impacting the prosperity of the entire region," Iqbal added.
Speaking later to Reuters, he said he was very specific about the non-military nature of the port. "The Gwadar port has no military dimension. It will be just a commercial port," Iqbal said. "The Pakistan navy will maintain a presence to ensure maritime security, to ensure the security of the port."
"The geopolitical debate that somehow goes on in the media about Gwadar being used as a foreign military base is not correct at all."
Asked whether China had specifically asked for military access, he answered: "No, not at all".

Copyright Reuters, 2018

Comments

Comments are closed.