Four militants have stormed the Pakistan Stock Exchange building and opened indiscriminate fire, after a Chinese consortium bought a 40% stake in the PSX.
Police said that three of the four terrorists have been killed, according to the Geo News media outlet.
At the bloody scene 3 security guards and one police officer were also found dead, beside the three civilians that died during the hails of bullets fired by the terrorists.
Armed men launched a grenade attack at the main gate of the stock exchange building and stormed the building after firing indiscriminately.
They made their way from our parking area and opened fire on everyone”, Abid Ali Habib, director of the Pakistan Stock Exchange, said. The wounded are being moved to a nearby hospital for medical treatment.
More than $60 billion in investments have been promised under the China-Pakistan Economic Corridor (CPEC). CPEC which connects China’s Xinjiang region with Pakistan’s Gwadar port is regarded as the flagship project of the initiative.
CPEC which connects China’s Xinjiang region with Pakistan’s Gwadar port is regarded as the flagship project of the initiative. Dubbed the 21st century Silk Road project, the BRI was announced by Chinese President Xi Jinping seven years ago.
The initiative envisages linking China with Africa, Asia, Europe and the Americas through a network of seaports, railways, roads and industrial parks.
The major goal of the 21st century Silk Road project is to create greater connectivity across the world to promote peace through trade and development.
Sputnik / ABC Flash Point News 2020.