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State Bank of Pakistan takes measures to facilitate exporters
Governor State Bank of Pakistan (SBP) Dr Reza Baqir announced two new measures designed to facilitate exporters in a press conference on the heels of a press conference led by Advisor to the Prime Minister on Finance Hafeez Sheikh on Monday in which he had also announced two pro-exporters measures…
Read More »Pakistan Refinery to be upgraded among other new four projects included in CPEC
ISLAMABAD: Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline Project by Power China International Group of Companies and up-gradation of Pakistan Refinery Ltd, Karachi. Top official sources disclosed to The News on Wednesday…
Read More »SAFRON Minister pledges to make CPEC world’s first drug-free corridor
ISLAMABAD, Nov 13 (APP):Minister for Narcotics Control and States and Frontier Regions (SAFRON) Shehryar Khan Afridi Wednesday vowed to transform China Pakistan Economic Corridor (CPEC) into world’s first drug-free investment and trade corridor. He expressed these views while speaking to Vice Chairman of Jiangxi Provincial Committee of People’s Political Consultative…
Read More »CPEC is embodiment of unparalleled friendship between Pakistan and China: Vice-Chairman CPPCC Jiangxi Province
ISLAMABAD, Nov 13 (APP):Deputy Speaker National Assembly Qasim Khan Suri Wednesday said that the exemplary friendship between Pakistan and China was based on a strong foundation of mutual respect, trust and strategic partnership. He said that Pakistan was proud of its unique friendship with China, said a press release issue…
Read More »Pakistan and China sign $600 million Joint Venture for Tyre Manufacturing Unit in Pakistan
KARACHI: The Sino-Pak Tire Manufacturing Joint Venture is “an import substitution opportunity” that seeks to leverage Pakistan’s locational advantage as well as growing market for vehicle tyres, said Dr Xu Peng, Managing Director of InvestTarget – the investment bank and private equity fund which is the largest investor in the…
Read More »Pakistan’s garment sector to see a 20 percent boost after execution of CPFTA-II: Advisor Razak Dawood
LAHORE: Adviser to Prime Minister on Commerce, Investment, Industries and Textile Abdul Razak Dawood has said that the second phase of a free trade agreement (FTA) with China is going to be operational from the beginning of December 2019. “This will help Pakistan to come on a par with Asean…
Read More »Habib Bank all set to start complete commercial operations in China
Habib Bank Limited, the lender involved in about $6 billion of Pakistan projects under the Belt and Road Initiative (BRI), plans to expand in China to tap more business under President Xi Jinping’s flagship infrastructure programme, Bloomberg reported on Tuesday. The bank’s application for full-fledged commercial operations has been accepted…
Read More »Pakistan should boost it’s meat export to China, utilising it’s 4th Largest livestock population: PCJCCI
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) urged the government to boost export of meat from Pakistan to China. PCJCCI President Zarak Khan while addressing the export promotion committee of his chamber on Tuesday said that there was a big gap in the world meat trade to be…
Read More »JCC Meeting provided momentum to second phase of CPEC, sets new direction for bilateral cooperation
The decisions made at the 9th Joint Cooperation Committee (JCC) meeting in Islamabad last week indicate a significant shift in the dynamics of the ongoing cooperation between Pakistan and China around the multi-billion-dollar China Pakistan Economic Corridor (CPEC) initiative. The JCC has worked out a programme to expand the scope…
Read More »China and Pakistan agree to improve security system for CPEC Projects
Pakistan and China have agreed to enhance cooperation to put in place a more effective security system for China-Pakistan Economic Corridor (CPEC) projects with Gwadar Port as pilot project in this regard. Both countries reached the consensus in recently concluded 9th Joint Cooperation Committee (JCC) of CPEC. Federal Minister for…
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