Pakistan’s cotton production is projected to fall by 43% annually in 2022–2023
According to projections from the Pakistan Federal Council of Agriculture, according to China Cotton Network, Pakistan would plant 2.1 million hectares of cotton in 2022–2023, with an expected yield of 6.3 million bales—a 43% decline from the previous year. Domestic textile manufacturing has been impacted by the sudden decline in cotton supply, and there hasn’t […]
SCODA institutional innovation to promote commerce between Pakistan and China
Institutional Innovation Cases was the topic of a symposium organized by the Shanghai Cooperation Organization Demonstration Area (SCODA) in Qingdao (Gwadar Pro). At the press briefing, 20 business examples were distributed centrally. In order to gradually enhance reciprocal recognition of Authorized Economic Operators (AEO) with relevant SCO nations and SCO countries, SCODA announced a collaboration […]
Because of the decision to reduce OPEC+ oil output, U.S.-Saudi ties are in disarray
Worldwide Network Report The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing nations like Russia decided on the fifth of this month to significantly reduce oil production from November, angering the United States. OPEC+ is a mechanism made up of OPEC members led by Saudi Arabia and non-OPEC oil-producing nations like Russia. In […]
Experts applaud CPC’s humane policies as a step toward modernity
BEIJING, Oct. 19 (China Economic Net) – Pakistani experts believe that the human-friendly policies of the Communist Party of China (CPC) are the key success of China’s rapid development of modernization.Shakeel Ahmad Ramay, Chief Executive Officer of the Asian Institute of Eco-civilization, Pakistan, expressed his views on the ongoing 20th National Congress of the Communist […]
Pakistani media: The world has responded favorably to China’s accomplishments
The 20th National Congress of the Communist Party of China will have a significant impact on the international community, according to an article in “Pakistan Today” titled “High expectations for the opening of the 20th National Congress of the Communist Party of China” that was published on the 15th. Chinese development successes throughout the world, […]
Groundwater Export
Pakistan is the third-largest consumer of groundwater after India and the United States, accounting for nearly 9% of worldwide groundwater withdrawals. Due to these massive withdrawals, Iran is now one of the few nations whose groundwater withdrawals are greater than the pace at which aquifers naturally replenish themselves. As a result, the availability of groundwater […]
SUGS: Chinese firms to be invited to JVs
According to knowledgeable sources within the Ministry of Planning, Development, and Special Initiatives, Pakistan will extend an invitation to Chinese businesses to collaborate with Pakistani businesses in proposed Joint Ventures (JVs) for the construction and operation of Strategic Underground Gas Storages (SUGS). This proposal will be included in the draught minutes of the upcoming, soon-to-be-held […]
Over 11,000MW of new hydel projects will be produced
The Water and Power Development Authority (Wapda) is working on six hydroelectric power projects that, when completed, would increase the current hydroelectric output capacity of 9,443 MW to 11,241 MW of environmentally beneficial electricity. Officials from Wapda told APP that the total installed capacity of the company’s 24 hydel power stations now stands at 9,443 […]
Iran will begin supplying Gwadar with electricity in December
China and Pakistan have agreed to expand the China-Pakistan Economic Corridor project’s scope beyond infrastructure development to boost Pakistan’s industrial capability. The agreement was struck during a meeting on Monday in Islamabad between Chinese Ambassador Nong Rong and Minister for Planning and Development Ahsan Iqbal. During the conference, topics about shared cooperation on energy and […]
Russia is willing to sell petroleum to Pakistan
[Pakistan is prepared to purchase Russian fuel] Ishaq Dar, the finance minister of Pakistan, stated to the Financial Associated Press on October 18 that Pakistan is prepared to purchase petroleum from Russia at the same price that Russia supplied to India. In response to inquiries from the media, Dar expressed his hope that Western nations […]