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Quick Thread about Gwadar Port in Pakistan. This is important, you'll know something you're friends don't. Read on1958: Pakistan buys Gwadar port from the Sultanate of Oman. It cost $3m
2020: Gwadar port is priceless for China and on sale by Pakistan
Gwadar port is owned by the Pakistan government’s Gwadar Port Authority (GPA) and operated by state-run Chinese firm China Overseas Port Holding Company (COPHC), which has a 45 year lease.
Gwadar port:
45 miles away from the Iran border and the Gulf of Oman, at the mouth of the Persian Gulf and close to the Strait of Hormuz, the only sea passage from the Persian Gulf to the open ocean, through which +/-40% of the world’s oil passes
45 miles away from the Iran border and the Gulf of Oman, at the mouth of the Persian Gulf and close to the Strait of Hormuz, the only sea passage from the Persian Gulf to the open ocean, through which +/-40% of the world’s oil passes
Allows China to unload petroleum products from Gulf countries and then transport them through a 2,000 mile long land route ending at Kashgar, the biggest commercial center in the Xinjiang province of north-western China.
The current transit route is thru Straits of Malacca, the main shipping channel between the Indian Ocean and the Pacific Ocean, which hosts more than 30% of the world’s seaborne trade.
Approximately 80% of China's energy supply ships through those Straits from the Middle East.
Approximately 80% of China's energy supply ships through those Straits from the Middle East.
The Gwadar port reduces distance from West Asia to China via the blockade vulnerable and pirate plagued Malacca Straits by as much as 10 to 12 days, it cuts the current 7,000 mile journey to 1500 miles.
The port is at confluence with China Pakistan Economic Corridor (CPEC)...
The port is at confluence with China Pakistan Economic Corridor (CPEC)...
...an enormous infrastructure project that is an arterial road lifeline running almost 2000 miles linking Xinjiang, where there is a high population of tortured ethnic Uyghur, through the Khunjerab Pass, Gilgit, Pakistan occupied Kashmir, Islamabad and then to Gwadar.
Chinese “String of Pearls” = waterways course that includes:
Kayakphu Port in Myanmar
Ports in Bangladesh
Hambantota in Sri Lanka = 99-year lease and 70% stake to China.
Effectively, China will be holding hostage landlocked Central Asian Countries for access to the sea lanes.
Kayakphu Port in Myanmar
Ports in Bangladesh
Hambantota in Sri Lanka = 99-year lease and 70% stake to China.
Effectively, China will be holding hostage landlocked Central Asian Countries for access to the sea lanes.
For Pakistan, their $3 million dollar investment has had a remarkable yield...
for China.
91% of revenues from Gwadar Port services Interest rates on Chinese loans
This is Chinese predatory lending, it's designed to seize the underlying assets...
for China.
91% of revenues from Gwadar Port services Interest rates on Chinese loans
This is Chinese predatory lending, it's designed to seize the underlying assets...
Maldives owes China 1.5 billion or 30 percent of its GDP
Djibouti owes 80% of its GDP to China.
China's military: All this gives the Chinese a permanent military base in Arabian Sea & extends its Navy’s logistics support capabilities at their facilities in the Duqm Port, Oman
Djibouti owes 80% of its GDP to China.
China's military: All this gives the Chinese a permanent military base in Arabian Sea & extends its Navy’s logistics support capabilities at their facilities in the Duqm Port, Oman
With the marine contingent base at Djibouti, their capabilities cover the Gulf of Aden and the east African coastline.
The Chinese Communist Party ambition is a 100,000 strong Marine Corps increasing its naval belligerence and expanding its huge expeditionary forces
The Chinese Communist Party ambition is a 100,000 strong Marine Corps increasing its naval belligerence and expanding its huge expeditionary forces
China is building large amphibious landing docks with ships having a capability to carry up to 30 helicopters. They have two aircraft carriers today and will have five to six by 2030, they have +/- 70 submarines.
Pakistan's failure are China's victories, debts still have to be repaid or it surrenders its port. Soon...
The Gwadar port was opened for commercial traffic in 2019. However...
The Gwadar port was opened for commercial traffic in 2019. However...
It has inadequate coastal traffic, utilization is marginal
The China initiated free trade zone planned at Gwadar have not progressed as planned, resulting in further impeding the growth of import and export volumes.
The China initiated free trade zone planned at Gwadar have not progressed as planned, resulting in further impeding the growth of import and export volumes.
A surge in high cost imports needed to further develop Gwadar port caused a drop in available construction materials.
There is a preference by Afghanistan to use the Chabahar Port in Iran.
There is a preference by Afghanistan to use the Chabahar Port in Iran.
Pakistan has run out of money and run out of leverage, befallen by many, many issues including
a. Corruption
b. Almost impossible to increase tax revenues as only 1 percent of population file income tax returns. The tax-to-GDP ratio of 12 percent, one of the lowest globally.
a. Corruption
b. Almost impossible to increase tax revenues as only 1 percent of population file income tax returns. The tax-to-GDP ratio of 12 percent, one of the lowest globally.
c. In an attempt to escape a “balance of payments crisis”, Pakistan’s central bank devalued the currency 4x since December 2017, which has led to the weakening of its rupee by more than 20 percent.
The Gwadar port is priceless for China and on sale by Pakistan
/end
Bonus! The moment Tony was gonna win #Survivor
/end
Bonus! The moment Tony was gonna win #Survivor
My apologies to our brothers and sisters from Taiwan. I always observe Taiwan as sovereign, the map slipped thru, sorry 
epilogue, H/t to @YogaVedanta_ for pointing out and linking this: "Initially the port was offered by Oman to India but 'anti-imperialist' Nehru thought it would be imperialistic to own it & declined the offer." https://www.dailyo.in/politics/chabahar-gwadar-port-india-pakistan-china-ties-cpec-afghanistan/story/1/11256.html
