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China directly holding negotiations with Baloch militants to ensure safety of CPEC

09:44 AM | 20 Feb, 2018
China directly holding negotiations with Baloch militants to ensure safety of CPEC
ISLAMABAD - China has been directly holding negotiations with separatist militants in Balochistan for five years in an effort to persuade them for the safety of projects worth $60 billion being established under the China Pakistan Economic Corridor (CPEC), reported Financial Times.

Balochistan, a south-western province of Pakistan, where most of the key projects are located, was remained vulnerable to militants, but it has been protected to some extent with efforts of security officials. And, the talks between China and militants will also help ensure peace in the state, bringing benefits to both countries under One Belt One Road projects.

A Tribal leader talking to the media outlet said that young men in Balochistan were surrendering to Pakistani forces as now the insurgency is not much attracted to them. They are seeing the CPEC as a way to prosperity.

https://en.dailypakistan.com.pk/headline/200-anti-state-militants-surrender-weapons-in-balochistan/

Strengthening relations of China with Pakistan have fuelled concerns in New Delhi, an arch-rival of Islamabad. India, which has established special cell to sabotage CPEC, is also upset due to increasing influence of China in Nepal, Myanmar and Sri Lanka and other neighbouring countries.

China, which has been following a policy of not interfering in the political matters of other countries, wants to secure its investment worth billions of dollars in the world under Belt and Road projects, that aim at creating trade routes in Asia, Africa, and Europe.

According to Financial Times, officials from Pakistan have taken the negotiations between China and Baloch militants as a good gesture. They are of the view that peace in Balochistan will yield benefits for both countries.

Another Pakistan official also confirmed the talks, saying “The Chinese have quietly made a lot of progress”.

Pakistan is one of the biggest beneficiaries of the Chinese initiative as the CPEC will open doors to development in the country, especially in Balochistan.

But, some opponents, particularly India, sees the project in view of the politics as Indian experts said that the Belt and Road Initiative was being portrayed as an economic project, but it will impose a great impact on local political and strategic situation.

https://en.dailypakistan.com.pk/headline/india-plans-to-attack-cpec-installations-warns-interior-ministry/

Pakistani forces also arrested an Indian spy and serving Navy Commander Kulbushan Yadav, who has admitted running a network of spies and insurgents in Balochistan and other provinces of Pakistan. The spy has been awarded death sentence by a military court.

The US, which has been slamming Pakistan for allegedly supporting militants, recently cut military aid to Islamabad and making efforts to place it on FATF's terror-financing watchlist.

Another Pakistani official talking to the media outlet said that China is always here to assist Pakistan in the troubled situations, adding that Chinese are unlike the Americans, who are not trustworthy.

 

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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