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BEIJING: China and Pakistan have agreed on participation of third parties in China-Pakistan Economic Corridor (CPEC) and exchanges among media and think thanks, including promoting cooperation schemes involving third parties in line with the existing consensus and extending CPEC projects to Afghanistan, Chinese Foreign Ministry Spokesperson Zhao Lijian said on…

Prime Minister Muhammad Shehbaz Sharif on Sunday assured Pakistan’s full support in the fulfillment of the purposes and objectives of the Shanghai Cooperation Organization (SCO), under his stewardship. He hoped that all SCO members would continue to work together for building peace, enhancing international solidarity and cooperation. The prime minister…

Pakistan and China are closing in to deal in Renminbi (RMB) and Pakistani Rupees (PKR) as Pakistan faces financial challenges. Federal Minister for Board of Investment (BOI) Chaudhry Salik Hussain told Gwadar Pro that the talks between Pakistan and China were ongoing to finalize the matter. “We can soon be…

BEIJING: Pakistan’s ambassador to China Moin ul Haque has said that China-Pakistan Economic Corridor (CPEC) will play a vital role in future economic development of the country, with Gwadar port as a main component. “The CPEC is one of the most important flagship projects of the five corridors launched under…

BEIJING: Pakistan’s exports to China crossed $1.918 billion in the first half of current calendar year, up 10.97% from $1.728 billion in the same period of previous year, which continue to increase on a yearly basis, shows official data of the General Administration of Customs of the People’s Republic of…

ISLAMABAD    –   Shanghai Cooperation Organisation Secretary General   Zhang Ming termed Pakistan’s geo-strategic location ideal for promoting regional connectivity   and facilitating the SCO members. “The countries of Central Asia are land-locked and Pakistan is ideally located to provide shorter sea access to these countries,” Zhang Ming said while addressing Institute of Strategic studies Islamabad on…

ISLAMABAD, July 21 (APP): Pakistan and China on Thursday reviewed continued implementation of the China Pakistan Economic Corridor (CPEC) and its expansion to jointly agreed priority areas. Review was made during the 3rd meeting of the CPEC Joint Working Group (JWG) on International Cooperation and Coordination (JWG-ICC) held in the…

BEIJING, Jul 21 (APP): Pakistan Ambassador to China Moin ul Haque said on Thursday that the Karot hydroelectric power project would bring clean and affordable electricity to more than five million residents in Pakistan, create thousands more jobs locally, and help the country accelerate its green development. “Karot hydropower project…

ISLAMABAD- The government of Khyber Pakhtunkhwa has allocated funds for the establishment of the Pak-China Research Centre of Economic Development (PCRCED) at the University of Swat, according to a report published by Gwadar Pro on Wednesday. With an estimated cost of Rs1,230.540 million, the project will be completed in five…

Islamabad : Officials insist the multibillion dollars’ worth of the China-Pakistan Economic Corridor project is significantly contributing to Pakistan’s socio-economic development. According to them, the CPEC includes a variety of projects, including a deep-sea port, road and railway networks, solar farms, coal mines and fibre-optic cable projects. In recent years,…