‘CPEC could become another East India Company’ IF interests not protected

[Nilgiri]

Senators aren't elected .. They are rather selected ... A senators chair can fetch crores of RS... It's a chair that's traded..

How are they officially selected? Is it indirect vote by parliament....or President appoints them or something?

 

[خره مينه لګته وي]

So much blind faith on China!

DID Russian take over India ?? instead of all dependence on russian hardwares ?? did USA take over Pakistan in last 50 years ?? did U.S take over india bcz India remained a big recipient of U.S aid ?? if your Ans is BIG NO then don't worry About Chinese investments in Pakistan...

 

[DESERT FIGHTER]

How are they officially selected? Is it indirect vote by parliament....or President appoints them or something?

http://www.senate.gov.pk/

Elected by provincial parliamentarians in short...


They are powerless ... Unlike the British HOL... But the rich don't mind the title or the "power" that comes with it (to intimidate the public atleast).

 

[Indo-Pak]

DID Russian take over India ?? instead of all dependence on russian hardwares ?? did USA take over Pakistan in last 50 years ?? did U.S take over india bcz India remained a big recipient of U.S aid ?? if your Ans is BIG NO then don't worry About Chinese investments in Pakistan...

CPEC in current financial form is big disaster for Pakistan.

Musharraf is war criminal, tyrant but he is a patriot (of Paksiatn) . He also concerned over CPEC.

CPEC is favoring heavily china,
1. the interest rate are high,
2. Chinese worker are working so job is stolen from Pakistan (china did same in Africa)
3. RoI (Return of investment) asked by china is high.

What Pakistan get:
1. Infratsructure at very high cost.
2. Some commentators are saying Poiliticians have got big cut in deal

 

[Verve]

These Senators and MNAs are all stooges. We have many traitors within our houses.

A few days ago IMF was warning about CPEC loans, now the Senators have started.

These lot do not know the true meaning of national interest. They fabricate anti army news, bash their own country, and then claim they are the custodians of national interest.

And as usual, Dawn is at the forefront of spreading their propaganda. It's an Army signed and authorised project and these accounts politicians will do their best to sabotage it.

 

[Nilgiri]

http://www.senate.gov.pk/

Elected by parliamentarians in short...


They are powerless ... Unlike the British HOL... But the rich don't mind the title or the "power" that comes with it (to intimidate the public atleast).

Hmm its different from India I suppose. Our upper house is elected by the individual state parliaments (MLAs) in proportion to their populations + up to 12 civilian worthies elected by the President directly.

Why doesn't Pakistan adopt a unicameral (lower house only) system if the upper house has no real function?

 

[The Sandman]

So some people are desperate to make CPEC another Kalabagh.

 

[Taxzu]

Well, this is true. We need to do proper planning and protect our interests. CPEC, with all its economic benefits, will bring cultural, environmental and social changes. With so much increase in traffic pollution will surely increase and I dont see any attempt to cater that. Gawadar has such beautiful waters and I pray that environment there is preserved and is not destoyed . And chinese will surely bring their culture and social norms with them. it will be interesting to see how pakistanis will react to this.
Most importantly we have to protect the right of baluch people. When so much jobs will be created and people from every part of Pakistan (specially punjabis) will move to Gawadar, we have to ensure that baluchis dont turn into minorities in their own province like sindhis became minority in Karachi.

 

[baajey]

CPEC is awesome.

 

[hassan zohaib]

‘CPEC could become another East India Company’
SYED IRFAN RAZA — UPDATED ABOUT 3 HOURS AGO
WHATSAPP
70 COMMENTS
PRINT
ISLAMABAD: Lawmakers from the upper house on Monday expressed the fear that the China-Pakistan Economic Corridor (CPEC) could turn into another East India Company if the country’s interests were not actively protected.

“Another East India Company is in the offing; national interests are not being protected. We are proud of the friendship between Pakistan and China, but the interests of the state should come first,” Senator Tahir Mashhadi, chairman of the Senate Standing Committee on Planning and Development, said when some committee members raised the concern that the government was not protecting the rights and interests of the people.

The East India Company was the British trading mission sent to India, which became the precursor to the British colonial presence in the subcontinent, eventually gaining power and overthrowing the Mughals who ruled India at the time.

Following a briefing by Planning Commission Secretary Yousuf Nadeem Khokhar, a number of committee members voiced their fears over what they perceived as the utilisation of local financing for CPEC projects, instead of funding from the Chinese or any other foreign investment. They also expressed concern over the fixing of power tariff for CPEC-related power projects by the Chinese.

Senators question why most corridor projects are being funded locally, not through foreign investment
Since only one of three Pakistan Muslim League-Nawaz (PML-N) members of the committee was present at the meeting, most of this criticism went unanswered. Even Senator Saeedul Hassan Mandokhail, the lone PML-N senator in attendance, endorsed the committee chairman’s complaints.

The meeting was informed that a major portion of the CPEC depended on local finances rather than Chinese investment.

“It will be very harmful for us if we have to bear the entire burden; will this [project] be a national development or a national calamity? Whatever loans taken from China will have to be paid by the poor people of Pakistan,” Mr Mashhadi observed.

Highlighting the status of CPEC-related power projects, the Planning Commission secretary said that the Matiari-Lahore transmission line project had “not been scrapped” and was being pursued by its Chinese sponsors.

Recently, the National Energy Power Regulatory Authority (Nepra) had approved tariff for the project, while the government’s Private Power Infrastructure Board had filed a review petition on the tariff in order to address the sponsors’ concerns.

At this, Senator Usman Khan Kakar pointed out that Nepra had fixed the power tariff for the project at 71 paisas/unit, while Chinese investors were demanding 95 paisas/unit.

“The government has filed an appeal before Nepra, seeking the increase despite the fact that the burden will be borne by poor consumers,” he said.

The secretary also informed the committee that the Gadani power plant complex had been shelved due to the lack of a dedicated jetty.

He also said that the 6,000MW project was not part of the CPEC.

Senator Kakar immediately reacted, saying that despite the fact that the project was not part of the CPEC, Chinese Ambassador Sun Weidong had recently claimed that the Gadani power plant had not been scrapped and was indeed a part of the corridor. “Why is this project, which does not even exist, being counted in our account?” he asked.

He said that the infrastructure being established in Gwadar would only benefit the Chinese and Punjab governments, not the local community. “The people of Balochistan will only get one benefit from this project, which is the water supply,” he said, adding that no electricity or railway projects had been planned for Balochistan under the CPEC.

Senator Mandokhail said that a sense of deprivation was being instilled in smaller provinces. “We do not want the CPEC at the cost of the federation,” he added.

Since Minister for Planning and Development Ahsan Iqbal was not present in the meeting, the senator urged the secretary to advise him to ensure the integrity of the federation.

Senator Mandokhail also accused the Planning Commission of prioritising Balochistan very low on its list, given that it has not representation in the commission itself.

Jamaat-i-Islami Emir Senator Sirajul Haq said that like certain other parts of the country, Fata and AJK were also being neglected in the CPEC. “There is nothing for both areas in the CPEC,” he said and suggested that a 35km road was built to link Muzaffarabad to the CPEC so that the people of AJK could also reap its benefits.

Published in Dawn, October 18th, 2016


WHATSAPP
70 COMMENTS
PRINT

really only information feeding in the media circles can keep the propganda out from the uninformed masses. I think thsi is good strategy to keep govt staedy and people awre what is going on. I think these type of remarks actually hinting that the institutions have learnt that how to fight for their importance and these remarks are only the power struggle b/w institutions.

 

[k7x]

CEPC will be good for Pakistan no doubt,

Transit fee & Tourism and Energy all +

but biggest miss might be Pakistan's small scale industries.

Even established Indian players are finding it difficult to compete with Chinese product cost wise.

With China embracing automation, it will further increase mass production rate and lower the cost.

From ball point pen to huge ships, Chinese will produce it cheap.

Flooding of Chinese goods might ruin your local smes. Any idea how Pakistani industry is equipping itself for next wave of automation and industrial revolution

 

[خره مينه لګته وي]

CPEC in current financial form is big disaster for Pakistan.

Musharraf is war criminal, tyrant but he is a patriot (of Paksiatn) . He also concerned over CPEC.

CPEC is favoring heavily china,
1. the interest rate are high,
2. Chinese worker are working so job is stolen from Pakistan (china did same in Africa)
3. RoI (Return of investment) asked by china is high.

What Pakistan get:
1. Infratsructure at very high cost.
2. Some commentators are saying Poiliticians have got big cut in deal

i dont know why indians dont visit a particular threads on Defence.pk which are already created on CPEC,these questions are already answered many times on this forum but your countrymen are repeating these lines over and over again !!

https://defence.pk/threads/cpec-a-game-changer.433801/page-4

https://defence.pk/threads/cpec-a-game-changer.433801/page-3

 

[DESERT FIGHTER]

Hmm its different from India I suppose. Our upper house is elected by the individual state parliaments (MLAs) in proportion to their populations + up to 12 civilian worthies elected by the President directly.

Why doesn't Pakistan adopt a unicameral (lower house only) system if the upper house has no real function?

My bad provincial assemblies/MPAs (member provincial assemblies) select them .. Few seats are reserved for women,technocrats and minoroties...


Pakistans so called parliamentary system is more like a hybrid...
Essentially the PM is the all powerful but than again Zardari was a president and raja rental and Gillani were his puppets...


It's fuked up.. It's based on the British system but it isn't..

 

[Indo-Pak]

i dont know why indians dont visit a particular threads on Defence.pk which are already created on CPEC,these questions are already answered many times on this forum but your countrymen are repeating these lines over and over again !!

https://defence.pk/threads/cpec-a-game-changer.433801/page-4

https://defence.pk/threads/cpec-a-game-changer.433801/page-3

Its not Indian concern rather Pakistani Concern, even you ex-Army chief and Head of state has concern. So does many of your lamakers.. PLease ask them to visit PDF page 4 and 3

 

[GURU DUTT]

Coming from Pakistani law makers, this is serious matters.

why do you bother to tell them dont talk about them or there China relations and never ever talk about CPEC let them do what they are doing they never learn and will never change dont forget what Sun Tzu said in this regard ... sannu ki