?The visit is to attend the 2nd Belt and Road Forum inBeijing, which will be inaugurated by President Xi Jinping, and the prime minister will deliver a keynote speech in the opening ceremony of the Forum and participate in the Leaders? Round Table,? announced the Foreign Office.
ISLAMABAD: Ambassador of China to Pakistan Yao Jing said on Wednesday that the visit of Prime Minister Imran Khan to China scheduled in next week, would further enhance the bilateral cooperation in China Pakistan Economic Corridor (CPEC) projects. Meanwhile, Chairman Pakistan-China Institute Senator Mushahid Hussain Syed said that CPEC had helped Pakistan becoming hub of regional connectivity and after ...
In his meeting with Foreign Secretary Tahmina Janjua held here, Yang said that the two sides should implement the important consensus of the two countries? leaders, maintain the momentum of high-level exchanges, expand pragmatic cooperation in various fields and jointly build the China-Pakistan Economic Corridor (CPEC), according to Chinese media here on Thursday. ...
ISLAMABAD: Neelum Jhelum Hydropower Project on Tuesday achieved yet another landmark, as electricity generation from the project crossed 1000 megawatt (MW) mark. Meanwhile, WAPDA Chairman Lt Gen Muzammil Hussain (Retd) congratulated the Neelum Jhelum Hydropower Project authorities, the engineers in particular, on this professional high mark of efficiency. As many as 280 cubic meter per second (Cusecs) of water ...
The Chinese delegation included representatives from Power China, Three Gorges Corporation, CMEC Neelum Jhelum Power Plant Project, Cr-Norinco Orange Line Project, Huawei, Zong, Port Qasim Power Plant, China Gezhouba Corporation, China State Construction, China Harbour, Matiari-Lahore Transmission Line Project, Haier and other companies. Talking to the Chinese delegation, the Prime Minister said that the government will provide all possible ...
He also participated in Leaders? Roundtable, the theme of the Roundtable was: ?Boosting Connectivity to Explore New Sources of Growth.? He had an opportunity to interact with President Xi Jinping and Premier Li Keqiangand as well as other leaders from Tajikistan, Uzbekistan, Egypt, Malaysia, Ethiopia and Kyrgyz Republic. Following the meeting with Chinese leadership a number of MoUs and ...
CPEC will also contribute towards the improvement of peoples? lives in Pakistan and China by promoting bilateral connectivity, construction projects, economic and trade opportunities, logistics and local trade in the region. Almost 80% of China?s oil is currently transported from the Straits of Malacca (the distance is almost 16,000 km and takes 2-3 months), with Gwadar becoming operational, the ...
Naveed Aman khan China may slow down its biggest project of Belt and Road Initiative: Bangladesh, China, India and Myanmar Corridor (BCIM) as it is not seen on the website as BRI project. China-Pakistan Economic Corridor (CPEC), China-Myanmar Economic Corridor (CMEC) and Nepal-China Trance Himalayan Multidimensional Connectivity Network( NCTHMCN). Six agreements and MoUs were signed between China and Pakistan ...
During discussion he asked me about the development, preparations and successful future of China-Pakistan Economic Corridor. Undoubtedly China-Pakistan Economic Corridor is gigantic multidimensional project and future of Pakistan is being seen in the success of this worthy project. On my last visit to China, I came to know that Chinese Investors have serious reservations about procedural matters, provisions of ...
Yasir Masood The China-Pakistan Economic Corridor, as part of the Belt and Road Initiative, has been making remarkable progress, yet some countries and observers are trying to belittle its enormous potential benefits by labelling it a ?debt trap?. Since the CPEC is entering the next phase of its development, those opposed to it are trying to impede its progress using ...
In Pakistan after the commencement of Pakistan-China Economic Corridor (CPEC) somehow confusion was created among different provinces and forums which will never help in the successful completion and full fledge operation of this multidimensional gigantic project. The CPEC could help revive economy of Pakistan but if it moves ahead without more thorough debate in Parliament and provinces, legislatures and ...
China has also proven to be a trust-worthy friend for Pakistan for decades and has always been there to lend its unconditional support and cooperation in all fields like social, economics, diplomatic and security matters. The Karakoram Highway (Shahra-e-Resham) constructed with the cooperation of China has established a road linkage between the two countries, and has been instrumental in ...
To further redress Balochistan?s grievances, the Pakistani Finance Minister said industrialization would be expedited in Balochistan in order to alleviate poverty and improve the living standards of the local people. Gwadar can help boost Balochistan economy Balochistan, which has a population of more than 12 million, is a crucial factor for the CPEC because the Gwadar Port is situated there. ...
With the dismantling of the USSR and emergence of the newly independent Central Asian states, ideas to revise the old Silk routes came in fashion and for the first time the Central Asia-Caucasus Institute and Silk Road Studies Program at SAIS, Johns Hopkins University first proposed the new Silk routes under the Greater Central Asia Partnership doctrine connecting Central ...
But, to reap the above mentioned CPEC related economic benefits of regional economic integration and development it is necessary that peace and harmony is preferred by the countries of South Asia, and they cooperate with each other to resolve the contentious issuesthat are plaguing their mutual economic cooperation, as SAARC?s mutual trade is only 5 percent of its total ...
China Pakistan Economic Corridor is all set to go into top gear in 2019 by establishing Pakistan?s first Special Economic Zone, multiple youth skills development plans and massive poverty alleviation schemes especially in Balochistan, Interior Sindh, South Punjab and Khyber- Pakhtoonkhuwa?s marginalized regions. The procedures of Special Economic Zone and socio-economic strategies have already been mapped out in Joint ...
Before the initiation of China-Pakistan Economic Corridor project, it has never been considered as an infrastructure- specific project subject to construction of some roads, bridges etc rather a developed structure of business cycle has been established to run in the streamline of Pakistan. Therefore, CPEC project starts from the production, transportation and eventually exports of goods produced under the ...
The Adviser to the Prime Minister on Commerce and Textile, Abdul Razak Dawood talked about the importance of the second China-Pakistan Free-Trade-Agreement (FTA), saying that under the new agreement, Pakistan will receive the same status as ASEAN countries. He also said that out of China’s total imports of $64 billion, Pakistan will receive a major share of $6.5 billion annually. ...
Addressing the Senate of Pakistan, Foreign Minister Shah Mehmood Qureshi emphasized that there is a national consensus on the China-Pakistan Economic Corridor (CPEC) and the country’s nuclear program, and there is no threat that can malign the two programmes. He further said that Pakistan is seeking a bail-out package from the IMF, although friendly countries such as Saudi Arabia and ...
Speaking at the Senate during a question and answer round, the Federal Minister for Railways, Sheikh Rasheed said that the major railway project of the ML-1 up-gradation from Karachi to Peshawar will be completed under the China-Pakistan Economic Corridor (CPEC).