CPEC to significantly enhance sustainable development of Pakistan's economy
A senior research fellow at the China Centre for International Economic Exchanges (CCIEE), Mei Guanqun, said that the China-Pakistan Economic Corridor (CPEC) provides Pakistan an opportunity to make its economy strong and sustainable, however both countries need to establish mechanisms that ensure the project achieves significant headway.
CPEC has given major relief to the power sector: Omar Ayub Khan
The Federal Minister for Power, Omar Ayub Khan, talked about the significance of the China-Pakistan Economic Corridor (CPEC), saying the mega-project has given extensive relief to the power sector. Chairing a meeting that approved two small hydro-power projects in Azad Kashmir, he said such projects will enhance investor confidence in Pakistan. The meeting was briefed by the Managing Director of ...
China-Pakistan FTA Phase II more beneficial than Phase I
In his briefing, Shahzad informed the committee that the second phase of the China-Pakistan Free-Trade-Agreement (FTA) will be more beneficial for Pakistan than phase one, since now Pakistan has liberalized 35.6% tariff lines, as compared to 19.9% in the first FTA.
Financing CPEC projects in Yuan to bridge demand-supply gap
In a bid to promote trade between Belt and Road countries, China is encouraging all its partners to trade in Yuan. For Pakistan, this is a bright prospect since it will reduce pressure on Pakistan’s foreign exchange reserves. However, in order for this to be successful, it is necessary that the huge trade imbalance that exists between the two countries ...
China-Pakistan FTA to improve Pakistan's overall trade performance
The second phase of the China-Pakistan Free-Trade-Agreement (FTA) has been signed between the two countries, which will give Pakistan 90 pc access to the Chinese market, and China will get 65 pc access to the Pakistani market. The president of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI), Shah Faisal Afridi said that the FTA is a huge opportunity ...
Chinese Embassy to open Visa Center in Islamabad to promote people to people exchanges
The Embassy of the People's Republic of China in Islamabad has decided to open a visa facilitation center from May 6th, to facilitate people to people exchanges between Pakistan and China.
BRI fast tracking growth in developing nations, CPEC proving its socioeconomic worth: UK Shadow Trade Minister
The Shadow Trade Minister of the United Kingdom (UK), Barry Gardiner has said that the Belt and Road Initiative (BRI) of China challenges traditional forms of development, and is fast progressing in the developing countries. Speaking in particular about the China-Pakistan Economic Corridor (CPEC), he said that CPEC is proving BRI's socioeconomic worth, as 70,000 jobs have already been ...
Graduation ceremony held for Chinese students studying in Pakistan
The event featured participation from Yao Jing, Ambassador of China to Pakistan; Senator Mushahid Hussain, Chairman PCI; Riaz Khokhar, Former Ambassador of Pakistan to China and Jamal Shah, DG PNCA.
China Pakistan FTA a great opportunity to benefit from: Dawood
The Adviser of Prime Minister on Commerce and Textile, Abdur Razak Dawood talked about the significance of the China Pakistan Free-Trade-Agreement (FTA), saying that it provided an ideal platform of investment and promotion of business for third parties.
Reports of China setting up military bases in Pakistan are baseless: Qureshi
Federal Minister for Foreign Affairs, Shah Mehmood Qureshi refuted reports by the Pentagon that China wanted to establish military bases in Pakistan and other Belt and Road countries.
China to always support Pakistan in its development and prosperity drive
A seminar was organized by the Centre for Belt and Road Initiative (BRI) and China Institute of Peace and Diplomatic Studies, in collaboration with COMSATS on the BRI. Speaking on the occasion, Bao Zhong, head of the political and press section at the Embassy of China said that China will continue to support Pakistan in its tough times, and will ...
