With a focus on accelerating the development projects in the China-Pakistan Economic Corridor (CPEC), the two countries have signed a pact to launch a satellite to monitor the projects. The agreement was signed on April 20, and the two countries have agreed to launch the satellite in June 2018. The under construction CPEC project is estimated to be worth $46 billion.
The pact was signed between Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) and the China Great Wall Industry Cooperation (CGWIC) to launch the “Pakistan Remote Sensing Satellite (PRSS-1) System”. Pakistan’s Minister for Planning, Development and Reform, Ahsan Iqbal and CGWIC President, Yin Limping signed the agreement to boost ties between the two sides.
“Bilateral cooperation between the two countries in space domain would open new vistas of socio-economic and scientific cooperation, giving boost to the historic bilateral cordial relations in other fields,” Mr Iqbal said. “Space technology is fundamental in socio-economic development, infrastructure upgradation, agriculture production, urban planning in new age,” he added.
As per the agreement, it would transfer space technology and the PRSS-1 to Pakistan. The project is another flagship programme between China and Pakistan that seeks to bolster relations after CPEC. “It would go a long way to redefine the bilateral relations,” Mr Iqbal said.
The project is expected to enhance Pakistan’s national security. It is also expected to help Pakistan’s border security and surveillance apparatus.
Author Profile
- India Writes Network (www.indiawrites.org) is an emerging think tank and a media-publishing company focused on international affairs & the India Story. Centre for Global India Insights is the research arm of India Writes Network. To subscribe to India and the World, write to editor@indiawrites.org. A venture of TGII Media Private Limited, a leading media, publishing and consultancy company, IWN has carved a niche for balanced and exhaustive reporting and analysis of international affairs. Eminent personalities, politicians, diplomats, authors, strategy gurus and news-makers have contributed to India Writes Network, as also “India and the World,” a magazine focused on global affairs.
Latest entries
DiplomacyDecember 14, 2024India, Iran and Armenia Advance Connectivity Push with Trilateral Talks in New Delhi- DiplomacyDecember 13, 2024Brazil’s G20 Presidency will focus on tangible results on UNSC reforms, climate action
- DiplomacyDecember 6, 2024India and Vietnam Strengthen Security Ties at 3rd Deputy Ministerial-Level Dialogue
- India and the WorldDecember 6, 2024India and UK Revitalize Strategic Ties at 2+2 Dialogue in New Delhi
