February 4-10, 2020

Projects Updates
Date News Source
February 4, The Government of Sindh and the Pakistan Railways have broken The News
2020 the logjam on the Karachi Circular Railway by reaching consensus
on several issues delaying the project.
February 5, The second phase of the CPEC will generate massive employment Times of
2020 opportunities and help cash strapped Pakistan to upgrade its key India
industrial and agriculture sectors, CPEC Authority Chairman Lt-
Gen (retd) Asim Bajwa has said.
Railway minister insisted that the Nullah Leh Expressway project
February 6, between the twin cities of Islamabad and Rawalpindi will become a Tribune
2020 reality. For this purpose, he suggested that the project could be
included in in the CPEC project.
The Supreme Court directed the Pakistan Railways secretary to
February 7, produce the approval of the Executive Committee of the National Dawn
2020 Economic Council regarding the inclusion of the KCR project in
the CPEC as the federal and provincial authority
February 7, Federal Minister for Planning and Development Asad Umer on Dunya News
2020 Friday said that coronavirus has reduced the pace of projects under
CPEC.
The Supreme Court directed the Sindh government and Railways
February 7, to remove all encroachments, including all multi-storeyed The News
2020 buildings that come in the way of Karachi Circular Railways, and
ordered to revive the KCR.
February 9, According to the Ministry of Finance’s working, the water The Express
2020 treatment projects for Gwadar under CPEC and Karachi Water Tribune
Supply scheme K-IV will not be completed in the next financial
year 2020-21 as well.

Political Updates
Date News Source
February 6, The Indian Government’s concerns arise from the fact that the The
2022 inclusion of the so-called illegal CPEC as a flagship project of Economic
‘OBOR/BRI’, directly impinges on the issue of sovereignty and Times
territorial integrity of India, the Ministry of External Affairs told
Lok Sabha
February 6, Chinese Ambassador to Pakistan, Yao Jing, said that the Associated
2022 Coronavirus catastrophe would not stop the economic cooperation Press of
between China and Pakistan. Pakistan
February 7, National Assembly Speaker Asad Qaiser said that CPEC is a Daily Times
2022 backbone of our economy amid critical economic challenges of the
country.
February 7, Former chief minister Dr Mohammad Malik Baloch stressed the Pakistan
2022 need that federal and provincial governments should prioritise the Today
inclusion of Balochistan’s local communities in all the CPEC
projects.
February 7, The MEA asserted CPEC passes through parts of the Union Swarajya
2022 Territories of Jammu & Kashmir and Ladakh which are under

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 February 4-10, 2020

illegal occupation by Pakistan.

Economic Updates
Date News Source
February 4, The creation of the CPEC, under which China plans to invest
2020 around $62 billion dollars in Pakistan, represents a “qualitative The Diplomat
shift” in Sino-Pakistan relations, already touted officially as being
“higher than the Himalayas…and sweeter than honey.”
February 5, China initiated the new model of regional integration in 2013, namely Global Village
2020 “Belt and Road Initiative” with the investment of $900 billion, in which Space
China is attempting to connect with more than 65 countries of Asia,
Africa, and Europe.
A high-level delegation of Faisalabad Industrial Estate
February 5, Development and Management Company left for Europe to The Nation
2020
promote bilateral trade and enhance close cooperation through
exchange of delegation in investment sector.