China glad on extensive support in Pakistan for CPEC
Chinese Ambassador to Pakistan Sun Weidong has said that his country is glad that the CPEC has won extensive support of people from all walks of life in Pakistan. “The construction of CPEC requires scientific planning, step-by-step approach, mutual consultation and consensus, so as to achieve mutual benefit and win-win cooperation. We should create a […]
Pakistan hopes its projects will be cleared first by AIIB
BEIJING: Praising the speed at which the China-backed Asia Infrastructure Investment Bank (AIIB) was launched, Pakistan has said that it hopes its projects will be among the first batch of schemes to be cleared by the multilateral development bank. The management of the long-awaited AIIB is now working “very seriously” on devising the first projects, […]
Pakistan emerges China’s largest investment destination: Sun Weidong
Islamabad: Pakistan: Chinese Ambassador to Pakistan Sun Weidong on Monday said that his government was encouraging its entrepreneurs to invest in Pakistan and as a result China’s direct investment in Pakistan has reached to $3.6 billion. “This direct investment is the highest in South Asia and this trend will remain upward in the years to […]
Pakistan welcomes ”lean, clean and green” AIIB: Dar
Beijing: Pakistan welcomes the Asian Infrastructure Investment Bank”s (AIIB”s) strong policies on governance, accountability, financial, and social framework and its ideals of “lean, clean and green,” bank. Finance Minister Ishaq Dar expressed these views adding that his country hoped to see the bank focus on the mega projects in areas of infrastructure, energy and transport […]
CPEC and Gilgit–Baltistan
By Ejaz Karim Some are calling the China-Pakistan Economic Corridor (CPEC) as the China-Punjab Economic Corridor, while some are seeing it as a game-changer for the entire region. Every province is striving within and outside the parliament to become a major beneficiary or at least a beneficiary of the project, except Gilgit-Baltistan (GB), which is […]
PM Forms 11-Member Committee to Oversee Progress on CPEC
Islamabad: Prime Minister Nawaz Sharif has constituted an 11-member committee to oversee the progress on China-Pakistan Economic Corridor (CPEC). He made this announcement while chairing An All Parties Conference (APC) at PM House summoned to address the reservations of various political groups over the project. The committee will be headed by the premier himself while […]
CPEC for Punjab or Pakistan: Myth and reality
Islamabad: The China-Pakistan Economic Corridor (CPEC) is once again in the spotlight causing damage to the project by making it controversial. The Chinese Embassy in Islamabad has taken an unusual step of releasing a statement asking the Pakistani government to resolve the controversy. This just goes to show the gravity of the issue, which needs […]
5-day Pak-China Business moot from Monday
Islamabad: A Five-day Pakistan-China Business Friendship Conference is being held from January 18-22 in capital city of Islamabad. A 100-member Chinese delegation will take part in the conference which will be attended by prominent Pakistani businesspersons, traders and executives of Chinese companies working Pakistan said a statement here on Sunday.
Efforts afoot to make Pakistan 25th largest economy: Ahsan
Lahore: Federal Minister for Planning and Development Ahsan Iqbal on Sunday said efforts were afoot under Vision 2025 to make Pakistan the 25th largest economy of the world in the next ten years. “The export sector has the key role to achieve this goal,” he said addressing the three-day Pakistan Coating Show in Lahore. […]
PM Nawaz summons APC tomorrow over CPEC reservations
Islamabad: Prime Minister (PM) Nawaz Sharif has summoned a meeting of all the political parties on Friday to address the concerns regarding China Pakistan Economic Corridor (CPEC). The meeting will be held at 11 am in Prime Minister House. Members of the committee formed in Peshawar’s All Parties Conference (APC) will attend the meeting alongwith […]