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PM to lay the foundation stone of Allama Iqbal Industrial City under CPEC today
Prime Minister Imran Khan will inaugurate the state-of-the-art Allama Iqbal Industrial City in Faisalabad today. Talking to newsmen in Faisalabad, Chairman Faisalabad Industrial Estate Development and Management Company, Mian Kashif Ashfaq said Allama Iqbal Industrial City has been planned over an area of four thousand acres. The Prime Minister will…
Read More »SEZs to speed up economic growth and bring industrial transformation in Pakistan
(APP) – United Business Group (UBG) Central Chairman Iftikhar Ali Malik said on Thursday that the Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) would bring industrial revolution in Pakistan. He expressed these views while talking to a delegation of traders, and asserted it would also accelerate economic…
Read More »China to train 1,800 Pakistanis, construct 50 schools, training centres and 30 hospitals in Pakistan in 2020: Chinese Envoy
As time flies, we are in the year of 2020. At this wonderful moment of welcoming the third decade of the 21st century, I, on behalf of the Embassy of the People’s Republic of China in Pakistan, would like to extend my sincere New Year greetings to all Pakistani friends. The…
Read More »Thar coalfields and power plant under CPEC making Pakistan energy self-sufficient
KARACHI: The Sindh government has achieved three milestones in development of Thar Coal for energy self-sufficiency of Pakistan by achieving financial close for installation of a 1320 megawatt (MW) power plant in Block-I, expansion of Block-II for development of another 660 MW power plant, said Sindh Chief Minister Syed Murad…
Read More »Federal Board of Revenue introduces new Statutory Regulatory Orders (SRO) for China-Pakistan FTA-II
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday issued the Statutory Regulatory Orders (SRO) to implement the protocol agreed between China and Pakistan for the second phase of the Free Trade Agreement (FTA). A statement released by the board said that in order to implement the agreed protocol it…
Read More »Pakistan enjoys zero duty on 1,000 tariff lines under CPFTA-II
KARACHI: Phase two of the much-touted China-Pakistan Free Trade Agreement came into effect as of Wednesday, said a trade official. The new phase will allow Pakistani manufacturers and traders to export around 313 new products to the Chinese market with zero duties, Secretary Ministry of Commerce Ahmad Nawaz Sukhera said…
Read More »China-Pakistan trade under renewed Free Trade Agreement to come into effect today
ISLAMABAD: Beijing and Islamabad will start from today (Wednesday) trade under Free Trade Agreement (FTA)–II which will provide the opportunity to Pakistan to increase its exports to China by $4-6 billion in next five years. The prominent salient feature of the FTA is the safe guard measures (SGMs) under which…
Read More »Chinese Embassy welcomes Pakistanis from different walks of life at Sangam Club Gala 2019
ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing said he was looking forward much better Sino-Pak ties in the year 2020, particularly in social sector, and pushing forward industrialization in Pakistan. With the smooth implementation of the first phase of CPEC, their bilateral friendship has entered a new stage of enhanced…
Read More »China and Pakistan to soon hold a Comprehensive Review meeting for all mutual projects
Minister for Power and Petroleum Omar Ayub Khan says advent of New Year will usher in further strengthening of exemplary friendship between Pakistan and China. Talking to Chinese Ambassador to Pakistan Yao Jing in Islamabad on Tuesday, he said both countries are keen to work even closer in various fields…
Read More »China Power Hub and TCF to build school in Lasbela
QUETTA: The China Power Hub Generation Company and The Citizens Foundation (TCF) signed an agreement on Monday to build a school in the Gadani area of Lasbela district. Construction of the school building at a cost of Rs30 million has commenced and the first class will start in April next…
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