AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

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.