ISLAMABAD: Defence Minister Chaudhry Ahmed Mukhtar said on Saturday that China had “acceded to Pakistan’s request to take over operations” of the Gwadar port as soon as the agreement with the Singapore Port Authority expired.
But the statement was silent on an important point: whether China will wait till 2047 for taking over the port. According to the concession agreement between Gwadar Port Authority (GPA) and PSAI-AKD group, signed on Feb 6, 2007, the arrangement will be valid for 40 years. Full story
