SEZs under CPEC to serve as a strong base for industrial development
The President of the Rawalpindi Chamber of Commerce and Industry, Malik Shahid Saleem, talked about the impending benefits of the China-Pakistan Economic Corridor (CPEC), saying that the establishment of the Special Economic Zones (SEZs) will promote industrial development in the country.
Pakistan, China to cooperate in trade, tourism sectors
In order to promote bilateral trade relationship between Pakistan and China in context of China-Pakistan Economic Corridor (CPEC), meeting of Pakistan-China Working Level Experts Group on International Road Transport continued two days at Ministry of Communications. The Pakistan side was led by Senior Joint Secretary, Ministry of Communications, Altaf Asghar, while senior officers from ministries of Communications, Foreign Affairs, ...
PM Imran Khan to perform groundbreaking of Rashakai SEZ under CPEC
The Chief Executive of the KP Economic Zone Development and Management Company (KPEZDMC), Saeed Ahmed confirmed that the groundbreaking of the Rashakai Special Economic Zone (SEZ), under the China-Pakistan Economic Corridor (CPEC), will be performed by Prime Minister Imran Khan.
Industrial and socioeconomic development to be the focus of Pakistan-China cooperation: Chinese Envoy
The Ambassador of China to Pakistan, Yao Jing, held a meeting with the Federal Minister for Interior, Ijaz Shah, where he said that the security situation in Pakistan has significantly improved, and appreciated Pakistan government?s role in the establishment of the China-Pakistan Economic Corridor (CPEC).
Iran shows interest in participating in CPEC
The Ambassador of Iran to Pakistan, Mehdi Honardoost held a meeting with the Special Adviser to the Prime Minister on Petroleum, Nadeem Babar, where he said that Iran was eager to participate and invest in the China-Pakistan Economic Corridor (CPEC).
Experts meet to discuss China-Pakistan international transport volume under CPEC
In the meeting, the rising trade volume between the two countries under the China-Pakistan Economic Corridor (CPEC) was discussed, and mechanisms were put forth to cater for the rising trade volume.
1.74 billion dollars Karot Hydropower project under CPEC to begin power generation by 2021
China Three Gorges Corporation, the primary developer of the Karot Hydropower project, is set to make the project operational by April 2021, after which it will start generating electricity for the region.
Proposed SEZs under CPEC will require 790 MW of electricity
Nine Special Economic Zones (SEZs) have been proposed to be established under the China-Pakistan Economic Corridor (CPEC), and it is expected that these SEZs will require 790 MW of electricity, along with 200 million cubic feet per day of gas.
No threat to CPEC, nuclear program: FM Qureshi
He said the president constituted the 9th NFC award but despite repeated requests by the former Finance Minister Asad Umer, the provincial governments delayed the process of nominating its representatives for the NFC award. He said that friendly countries including Saudi Arabia, China and the United Arab Emirates gave the much needed balance of payment support but the gap ...
Pentagon expects China to establish military bases in Pakistan, other countries to protect OBOR
According to report, China? currently has just one overseas military base, in Djibouti, but is believed planning others, including possibly Pakistan, to? ?advance its projects such as the 'One Belt, One Road' Initiative (OBOR). "China?s advancement of projects such as the ?One Belt, One Road? Initiative (OBOR) will probably drive military overseas basing through a perceived need to provide ...
World’s confidence boosted to invest in Pakistan: HC Nafees Zakaria
?The general purpose of my visit here is to promote bilateral ties including economic cooperation and tourism.? The Pakistani high commissioner met different community leaders, including Haneef Raja, Councillor Saqib Imtiaz, Syed Nasir Jaffery, Shoaib Gul and Proff Azra.
Free trade with China: Pak industry protected, cabinet told
There has been an increase in the protected list of Pakistan from 10 percent in phase- I of CPFTA to now 25 percent into phase-II that comes to around 1,760 tariff lines and covers 37 percent of Pakistan?s imports from China. In the Phase I, Pakistan had already given substantial concessions on 60 percent of imports from China, and ...
Pakistan to get duty-free access to Chinese markets
The other memorandums of understanding (MoUs) and agreements signed on the occasion included declaration for completion of preliminary design of phase-I for upgradation of ML-1 and establishment of Havelian dry port under CPEC, MoU on cooperation in the field of marine sciences between China Geological Survey (CGS), Ministry of Natural Resources of China, the Institute of Oceanography, Ministry of ...
PM Imran says CPEC has transformed into strategic partnership between Pakistan, China
Addressing Pakistan and China Investment Forum in Beijing on Sunday, he said CPEC that was considered a network of roads and a few power projects has now blossomed into various areas of cooperation today. The premier said? Chinese help in seed development and agriculture development will help increase Pakistan's agricultural productivity manifold. " Imran Khan said in his meeting with ...
China vows to battle Belt and Road debt risks
The Belt and Road Initiative promises to bring much-needed modern infrastructure to developing countries, but the United States has dubbed it a "vanity project" and critics warn it is a "debt trap" favouring Chinese companies. Huang Kunming, a member of China?s powerful Politburo, said at the opening of the forum in Beijing that there have been "some misunderstandings and ...
CPEC Entrepreneurs Forum to accelerate industrial cooperation
BEIJING: More than 100 Chinese companies and 50 Pakistan enterprises gathered at ?China-Pakistan Economic Corridor (CPEC) Entrepreneurs Forum? held here on Wednesday to accelerate industrial cooperation between China and Pakistan under the CPEC, a flagship project of Belt and Road Initiative.
Pakistan obtains duty free access to 313 Chinese items
ISLAMABAD: Pakistan has obtained favourable duty free access on 313 products to fetch $500 million jump in exports at initial stage with implementation on second phase of China Pakistan Free Trade Agreement (CPFTA). However, Pakistani authorities are reluctant to share exact estimates that how much import from China would increase after implementation on CPFTA-II at a time when Pakistan?s ...
China welcomes PM Imran Khan's 'Belt and Road Forum' attendance
BEIJING: China Tuesday welcomed Prime Minister Imran Khan?s attendance in the second Belt and Road Forum scheduled for April 25-27 and termed China Pakistan Economic Corridor (CPEC) as highly demonstrative project and set a good example for other projects under Belt and Road Initiative. ?We welcome Prime Minister Imran Khan?s attendance in the second Belt and Road Forum for ...
Pakistan to access 90pc of Chinese market
He outlined three major initiatives going to be signed during the upcoming visit of Prime Minister Imran Khan in terms of broadening of relations between two sides, including industrial cooperation and launching of the first Special Economic Zone at Rashakai, kick-starting social sector cooperation with 20,000 scholarships for education and finalising technical level agreement on Railways? ML-1. China has ...
China, Pakistan to discuss CPEC regional issues during PM Imran’s visit: Chinese envoy
ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing on Monday said during upcoming visit to China, the Prime Minister Imran Khan would hold meetings with the Chinese leadership to discuss interventions under China Pakistan Economic Corridor (CPEC) besides regional and international issues. Talking to the media persons here he said, Prime Minister of Pakistan Imran Khan along with other heads ...
