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CPEC

Khusro Bakhtiar to co-chair JCC meeting of CPEC in Beijing today

BEIJING: Minister for Planning and Development Khusro Bakhtiar will co-chair the 8th Joint Cooperation Committee (JCC) meeting of China-Pakistan Economic Corridor (CPEC) on Thursday (today). As per details, the JCC meeting is being held in Chinese capital Beijing today. Vice Chairman National Reform Commission of China will also chair the meeting with the Pakistani federal minister. Yesterday, a delegation led by Minister Bakhtiar including Chief Minister Sindh Murad Ali Shah departed for Beijing to attend the…

China to train Pakistani youth for CPEC: ambassador

ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Mr. Muhammad Usman Dar on Wednesday called Chinese ambassador to Pakistan Yao Jing to explore various opportunities for youth development. Mr. Yao Jing congratulated Muhammad Usman Dar on his nomination as a Special Assistant to the Prime Minister on Youth Affairs, and hoped that with his guidance and support both China and Pakistan can work together for tangible results in youth development. According to a statement released from the ministry, he shed…

CPEC meeting: Khusro Bakhtiar, Murad Ali Shah leave for China

KARACHI: A delegation led by Federal Minister for Plann­ing and Development Makh­doom Khusro Bakhtiar including Chief Minister Sindh Murad Ali Shah has departed for Beijing to attend 8th meeting of the Joint Coordination Committee on China Pakistan Economic Corridor (CPEC) project. As per details, the meeting of the Joint Coordination Committee will be held in China on Dec 20 which is organized to review the execution of CPEC plan. Sources informed that Balochistan Chief Minister Jam Kamal Khan Alyani, who was supposed…

Pakistan not in rush to enter IMF deal: Finance Minister

ISLAMABAD: Finance Minister Asad Umar said Pakistan is in no rush to sign a deal with International Monetary Fund (IMF) to resolve its balance-of-payments issue, Radio Pakistan reported. In an interview with Saudi daily Arab News, the minister said “I have no urgency right now to get into an IMF program. We are in discussions . When we reach the (outlines) of a program which we believe is in the best interests of Pakistan’s economy, we’ll go ahead and sign that.” He added that financial assistance from friendly…

Agriculture cooperation to be expanded under CPEC: Khusro Bakhtyar

ISLAMABAD: Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar on Wednesday said that the agriculture cooperation will be expanded between Pakistan and China under China-Pakistan Economic Corridor (CPEC). Talking to Minister for National Food Security and Research Sahibzada Muhammad Mehboob Sultan, who called on him, Khusro Bakhtyar said that the government is committed to promote agriculture sector. During the meeting, various proposals came under discussion regarding agriculture cooperation with…

PPIB extends time limit of financial close for two major CPEC power projects

ISLAMABAD: The government has extended the time limit for accomplishing the financial close of two major power projects for Chinese investors on Tuesday. The major projects comprise of 4,000-megawatt Matiari-Lahore transmission line & 300MW Gwadar Coal Power Project which is considered under the China-Pakistan Economic Corridor (CPEC). A meeting of the Private Power and Infrastructure Board (PPIB) held on Tuesday chaired by Power Minister Omar Ayub Khan briefed a three-month additional time to the $1.7 billion…

PakChina friendship: Chinese vice foreign minister calls on FM Qureshi

ISLAMABAD: Vice Foreign Minister Kong Xuanyou called on Pakistani minister for Foreign Affairs Shah Mahmood Qureshi on Monday. As per details, the meeting took place at the Foreign Office in the federal capital where Foreign Minister (FM) Qureshi reiterated that friendship of Pakistan and China "remains the cornerstone" of his country's foreign policy. The spokesperson of Foreign Office (FO), Dr. Muhammad Faisal informed that issues of mutual interest were discussed between the two dignitaries, including China Pakistan…

CPEC engine of economic progress for Pakistan, says foreign minister

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Sunday said there was a complete national consensus that China Pakistan Economic Corridor (CPEC) was an engine of economic progress and development for Pakistan. "Chinese also consider Pakistan’s economic stability and this time-tested friendship will further grow irrespective of the political parties at the helms of affairs," he said. FM Qureshi also reiterated Pakistan’s desire for peace and stability in Afghanistan and said it desired China to also play its role in…

Socioeconomic development, poverty alleviation new doors of CPEC: Khusro

ISLAMABAD: Minister for Planning, Development and Reform Makhdum Khusro Bakhtiar Tuesday said that promotion of trade and industrialisation, cooperation in the field of agriculture, socioeconomic development and poverty alleviation were new vistas of the China Pakistan Economic Corridor (CPEC). "The governments of both sides are committed towards uplift of the less developed areas," he said while chairing 57th CPEC progress review meeting here at the Planning Commission. Secretary Planning Zafar Hasan, Project Director…

Pakistan, China agree to improve cooperation in railways  

ISLAMABAD: Pakistan and China on Monday agreed to improve cooperation in railways sector and deputed technical teams to work out the details in this regard. According to the details, the consensus was made during a meeting between the delegations of the two countries in the federal capital. The Chinese delegation of National Railway Administration (NRA) was headed by An Lusheng while Sheikh Rashid Ahmed was leading the Pakistani side. Talking to the delegation, Sheikh Rashid said  no modification will be made in framework…