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China fails to get Indian support for Belt and Road ahead of summit

BEIJING – China failed to get India’s support for its ambitious Belt and Road infrastructure project at the end of a foreign ministers’ meeting of a major security bloc on Tuesday, ahead of an ice-breaking trip to China this week by India’s prime minister. The Belt and Road is Chinese President Xi Jinping’s landmark scheme…

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Some lobbies not happy with CPEC: Ahsan Iqbal

KARACHI: Pakistan will become a hub of economic development with the help of China Pakistan Economic Corridor, said Interior Minister Ahsan Iqbal on Monday. Addressing the inaugural session of a two-day CPEC summit, being hosted by Dawn Media Group in collaboration with the Ministry of Planning and Development at Bagh-i-Jinnah, he said the present era…

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Economic zones under CPEC to provide worldwide investment opportunities: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said multibillion dollar China Pakistan Economic Corridor project will not only contribute to the development of Pakistan but also to the entire region. He was addressing a Seminar titled ‘the CPEC Summit ‘ organized jointly by the Ministry of Planning and Development and a private media outlet in…

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Post-mortem: Pakistan’s alarming export decline in PML-N govt

Report by: Shakeel Ahmed Nawaz Sharif had claimed that Pakistan will soon become ‘Asian Tiger’; however, at end of his five-year government, the situation is quite different, as the country’s economy is struggling. It is dragged down by the sharp decline in export in almost all sectors. Watch this report…

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Is CPEC boosting local investment in Pakistan?

The China Pakistan Economic Corridor has brought historic investment to the country; however, some economists are of the view that the PML-N government, during its five-year tenure, has failed to convince local investors to join the $62 billion project of regional connectivity.

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Pakistan to be major contributor to BRI through CPEC: PM Abbasi

BEIJING: Prime Minister Shahid Khaqan Abbasi has said that his government together with China looked forward to making Pakistan a major contributor to “building a community of shared future for mankind through China Pakistan Economic Corridor (CPEC).”       “Together with China, we look forward to making Pakistan a major contributor to ‘building a community of shared future…

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CPEC fruits: Chinese to be taught at Peshawar schools

  Chinese will be taught at schools in Peshawar The district government of Peshawar has decided that the new term will introduce the Chinese language. “Without the knowledge of Chinese, it will be difficult to progress in the future,” said the nazim, Arbab Asim. He said learning the language will open new avenues for students….

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CPEC to be completed till 2030: Ahsan

LAHORE: Interior Minister Ahsan Iqbal has said China Pakistan Economic Corridor will be completed in three phases till 2030. Addressing a ceremony in Lahore today, he said in first phase of CPEC, energy and physical infrastructure will be developed by 2020 in the country. Interior Minister said government is taking concrete measures to overcome energy…

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Pakistan to become South Asia’s industrial hub after CPEC completion: Ahsan

ISLAMABAD: Minister for Interior Ahsan Iqbal on Sunday said Pakistan would become an industrial hub of South Asia after the completion of CPEC. Talking to State-TV, the minister said the mega project is a game changer for Pakistan as it would bring improvement in social infrastructure, energy, industrial cooperation, agriculture and many other sectors, besides…

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Transport corridors imperative to connect nations, promote trade: Ahsan

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said future of Asian countries depends on promotion of trade and commerce and connectivity through transport corridors. Transport corridors help connect the countries and play pivotal role in economic integration, trade development and regional connectivity across the globe. At a launching ceremony of…

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CPEC to transform Pakistan into economic power: Sartaj Aziz

ISLAMABAD: Planning commission Deputy Chairman Sartaj Aziz on Wednesday said that China Pakistan Economic Corridor (CPEC) was vital for the whole region and was not against any country but for the peace and prosperity of all nations around the globe. He was addressing the session on CPEC during second day of Pakistan Capital investment summit…

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Govt releases Rs30 billion for Hakla-DI Khan expressway

ISLAMABAD: The federal government has released Rs30.435 billion for construction of Hakla to Dera Ismail Khan expressway under the Public Sector Development Programme (PSDP) 2017-18. In PSDP 2017-18, the government had allocated Rs38 billion for the project, a latest data released by Planning Commission suggested. Work on the 285 kilometers section of western route of…

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CPEC is key to regional prosperity, sustainable peace: Janjua

ISLAMABAD: National Security Adviser (NSA) Lt General (R) Nasser Khan Janjua Thursday said China Pakistan Economic Corridor (CPEC) is key to regional prosperity and to sustainable peace in the region. He was talking to Deputy General Secretary of the One Belt One Road Center, Chinese Academy of Social Sciences, Xu Wenhong. Besides the prospects of…

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Energy projects under CPEC included in active list: Ahsan Iqbal

ISLAMABAD:Minister for Planning, Development and Reforms, Prof Ahsan Iqbal on Wednesday said that under China Pakistan Economic Corridor (CPEC) the energy projects are included in the active list with power capacity of 11110 MW. Speaking in the Senate during question hour, the minister said that Pakistan and China has agreed in May 2017 to adjust…

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China woos Baloch militants to secure CPEC projects

NEWS DESK: China has been quietly holding talks with Pakistani tribal separatists for more than five years in an effort to protect the $60bn worth of infrastructure projects it is financing as part of the China-Pakistan Economic Corridor, reported Financial Times. According to the report, three people with knowledge of the talks told the Financial…

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Some elements trying to disgrace Parliament: Ahsan Iqbal

ISLAMABAD: Interior Minister Ahsan Iqbal said enemies of Pakistan are trying to destabilize the country and its economy but their designs will not succeed. Talking to a private news channel, he said international institutions are acknowledging and appreciating the economic policies of the country, which is not being digested by the enemies. Ahsan Iqbal said…

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Report on ‘The Reality of CPEC: Facts VS Fiction’ launched

NEWS DESK: A research report on ‘The Reality of China-Pakistan Economic Corridor Project (CPEC): Facts Vs. Fiction’ was launched in Islamabad on Monday, reported Radio Pakistan. It aims at removing misconceptions about the CPEC project and provides factual insight of the project. Rejecting the impression that Pakistan will not gain any economic benefits from the…

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Pakistan does not want aid from US but trade, says Ahsan Iqbal

ISLAMABAD: Interior Minister Ahsan Iqbal said the United States’ unilateral operations in Pakistan will be a “red line” for bilateral relations between the two countries. In an interview to CNN, he reiterated that the people of Pakistan “are dignified” and Islamabad desires friendship with Washington based on mutual trust and respect. Ahsan Iqbal said Pakistan…

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CPEC to link South Asia to world’s major trading hubs: Ahsan Iqbal

WASHINGTON: Federal Minister for Planning and Development Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) is a game-changer and will link South Asia to world’s major trading hubs such as Middle East, Europe and Latin America. Speaking at a function arranged by the Pakistan Embassy in Washington on Thursday night to highlight CPEC’s significance,…

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Policy to bring Pakistan under pressure won’t work: Ahsan Iqbal

WASHINGTON: Interior Minister Ahsan Iqbal said on Thursday that any policy to bring Pakistan under pressure would not work, as he emphasised on the importance of Pakistan-American relations.  During the press conference, the interior minister said that Pakistan was conducting security operations against all terrorists without any discrimination. He said that Pakistan was not ignorant…

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PM offers connecting CPEC with six routes of SCO

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Tuesday offered to connect China Pakistan Economic Corridor (CPEC) with six approved routes of Shanghai Cooperation Organization (SCO) to enhance region’s connectivity. This would become a conduit linking Eurasian landmass, China, Russia and Central Asia with the Arabian Sea, the Prime Minister said in his meeting with Secretary…

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