China positions Pakistan as nuclear power export springboard - Nikkei Asia
China positions Pakistan as nuclear power export springboard - Nikkei Asia
KARACHI -- China is accelerating its civil nuclear cooperation with Pakistan, as it seeks export customers in a market dominated by Russia and the West.
A nuclear energy deal Pakistan signed with China in June, reportedly worth $4.8 billion, might appear a curious move on Beijing's part. China has already had a bumpy ride in Pakistan's power business, where coal-operated stations have suffered from a debilitating cash crunch amid the South Asian country's foreign exchange shortage.
Related Knowledge Center: Climate diplomacy
Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates.
Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.
The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21).
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