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Pakistan foiled all conspiracies against CPEC: minister

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Thursday said that Pakistan has foiled all conspiracies against the China Pakistan Economic Corridor (CPEC) by taking all provinces, Azad Jammu and Kashmir and Gilgit-Baltistan into confidence. The federal minister addressing follow-up meeting of the 6th Joint Cooperation Committee (JCC) on CPEC recently held in Beijing, said that some elements are hell-bent to hamper development by spreading confusion over these projects. He said that utmost transparency…

PM emphasises on need to fairly distribute benefits of CPEC amongst provinces

ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday stressed on the need to equitably distribute the benefits of China Pakistan Economic Corridor (CPEC) amongst the federating units. In a high-level meeting, the premier was briefed on the progress made during the sixth meeting of the Joint Cooperation Committee (JCC) on CPEC in Beijing last month. The meeting was attended by Finance Minister Ishaq Dar, Water and Power Minister Khawaja Muhammad Asif, Minister for Planning, Development and Reforms Ahsan Iqbal, Special…

Pakistan to secure $1 bn in Chinese financing for CPEC roads: official

ISLAMABAD: Pakistan expects to secure soft loans from China of about $1 billion this week for three road projects in the China Pakistan Economic Corridor (CPEC), a Pakistani official said on Tuesday. The roads lie on the western route of CPEC, a $55 billion network of roads, rail links, power plants and other infrastructure connecting western China to Pakistan's southern port of Gwadar. They include roads from Raikot to Thakot, Yarik to Zhob and from Basima to Khuzdar, Ashraf Zaman, spokesman for Pakistan's National…