Publish dateSaturday 29 April 2023 - 14:04
Story Code : 269126
China for $58 Bln Rail link with Pakistan to Reduce Reliance on West
According to a reports by China media, China has unveiled its most expensive Belt and Road Initiative to date, a $58 billion railway system connecting Pakistan to western China, which aims to reduce Western trade dependence.
Afghan Voice Agency (AVA)_Monitoring, The plan, reviewed by state-owned China Railway First Survey and Design Institute Group Co Ltd., has been deemed worth the investment despite the hefty price tag.
The 1,860-mile rail system will connect Pakistan’s port of Gwadar to China’s Xinjiang Uygur autonomous region and could reshape not only trade but geopolitics, according to the proposal’s review board.
The new railway connecting China to Pakistan is expected to encourage additional train systems that could connect China to Turkey and Iran, significantly opening up direct access to these regions, according to the South China Morning Post.
This trade initiative is part of Beijing’s broader Belt and Road Initiative, which seeks to establish China as a world superpower and promote global domination in the trade sector.
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