Pakistan PM Sharif Calls for Expansion of China’s Belt and Road Initiative

 Prime Minister Muhammad Shehbaz Sharif receives the Chinese Premier Li Qiang, at the venue of the 23rd Shanghai Cooperation Organization (SCO) on the Council of Heads of Government Meeting in Islamabad, Pakistan October 16, 2024. Press Information Department (PID)/Handout via Reuters
Prime Minister Muhammad Shehbaz Sharif receives the Chinese Premier Li Qiang, at the venue of the 23rd Shanghai Cooperation Organization (SCO) on the Council of Heads of Government Meeting in Islamabad, Pakistan October 16, 2024. Press Information Department (PID)/Handout via Reuters
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Pakistan PM Sharif Calls for Expansion of China’s Belt and Road Initiative

 Prime Minister Muhammad Shehbaz Sharif receives the Chinese Premier Li Qiang, at the venue of the 23rd Shanghai Cooperation Organization (SCO) on the Council of Heads of Government Meeting in Islamabad, Pakistan October 16, 2024. Press Information Department (PID)/Handout via Reuters
Prime Minister Muhammad Shehbaz Sharif receives the Chinese Premier Li Qiang, at the venue of the 23rd Shanghai Cooperation Organization (SCO) on the Council of Heads of Government Meeting in Islamabad, Pakistan October 16, 2024. Press Information Department (PID)/Handout via Reuters

Pakistan's Prime Minister Shehbaz Sharif called on Wednesday for the expansion of China's Belt and Road Initiative (BRI) to enhance regional cooperation.

He was addressing a heads of government meeting of the Shanghai Cooperation Organization (SCO), a Eurasian security and political group formed in 2001, being held in Islamabad and attended by officials from 11 countries, including host Pakistan, China, Russia and India.

"Flagship projects like the Belt and Road Initiative of President Xi Jinping...should be expanded focusing on developing road, rail and digital infrastructure that enhances integration and cooperation across our region," Sharif said in his speech as the chair of the meeting.

The BRI is a $1 trillion plan for global infrastructure and energy networks that China launched a decade ago to connect Asia with Africa and Europe through land and maritime routes. Beijing's rivals see the BRI as a tool for China to spread its geopolitical and economic influence.

Western countries, under the G7 platform, last year announced a $600 billion plans to launch a rival connectivity infrastructure development plan. BRI has also been criticized for increasing unsustainable debt in developing countries.

The China-Pakistan Economic Corridor (CPEC) is a part of the BRI and has seen Beijing pump in billions of dollars into the South Asian country for road networks, a strategic port and an airport.

Sharif said CPEC would also help enhance cooperation, adding that 40 percent of the world's population lived in SCO's 10 full member states.

The SCO meeting is the highest-profile event hosted by the troubled South Asian nation in years. Seven prime ministers are attending, including Chinese Premier Li Qiang.

Sharif also said stability in neighboring Afghanistan, which lies between South and Central Asia, was essential to fully realizing trade opportunities for the SCO member states.

Also in attendance is India' External Affairs Minister Subrahmanyam Jaishankar, who is the first Indian foreign minister to visit Pakistan in nearly a decade with ties between the nuclear-armed rival neighbors continuing to be frosty.



Riyadh to Host 27th Edition of World Energy Congress in October 2026

Riyadh to Host 27th Edition of World Energy Congress in October 2026
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Riyadh to Host 27th Edition of World Energy Congress in October 2026

Riyadh to Host 27th Edition of World Energy Congress in October 2026

The World Energy Council announced that the 27th edition of the World Energy Congress (WEC) will be hosted by Riyadh from October 26-29, 2026, under the theme "Inspiring Transformations, Delivering Transitions."

The 27th edition of WEC is designed to inspire, combining aspiration, vision and promise with enticing, practical and actionable opportunities in the energy sector, taking into consideration the different national and economic circumstances in a comprehensive manner.

The theme is a logical evolution from the approach of the Rotterdam hosted World Energy Congress 2024 as the world moves beyond "redesigning energy" and into action and reflects an ambition to connect the dots between visionary thinking and practical action that can deliver a better energy future for billions of lives and a healthy planet.

Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, said: "The Kingdom's hosting the 2026 World Energy Congress comes at a pivotal moment for the global energy sector, given the transformations and developments the world is witnessing in this socially and economically vital sector."

"There is no doubt that the World Energy Congress has contributed to driving energy shifts and transitions for over a century by bringing together energy stakeholders from all over the world to exchange ideas and perspectives. By organizing this event, the Kingdom will strive to achieve the objectives of the World Energy Congress, which align with the goals of Saudi Vision 2030," he added.

Saudi Arabia's selection to host this global event reflects the Kingdom's pivotal role in the energy sector and its ongoing efforts to achieve energy transitions. The selection also highlights the Kingdom's leadership in advancing global sustainability efforts, fostering innovative solutions in the field of clean energy, and adopting pioneering initiatives, including the Saudi Green Initiative and the Middle East Green Initiative.

Secretary General and CEO of the World Energy Council Dr. Angela Wilkinson said: "Our chosen theme for the Riyadh-hosted World Energy Congress 2026 is all about the effectiveness of today's actions in making successful energy transitions – plural – happen across the world. Humanity is at a historic energy crossroads. There is not a single choice of one energy direction or another but rather multiple choices in building momentum along geographically diverse pathways. "

"We are aiming for and require a shift in gears - mindsets, measurement frameworks and momentum. Society can move from small incremental improvements to transformational outcomes, in different places and at different paces," she added.

"Our groundbreaking World Energy Council model of convening power for common good invites progressive and pragmatic leaders to engage in inclusive and intergenerational leadership dialogues to drive pragmatic actions involving communities across all regions, sectors and segments to create modern energy societies," she stressed.