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Chinese Ambassador to Pakistan, Yao Jing called on Secretary Commerce Sardar Ahmad Nawaz Sukhera here at Ministry of Commerce Tuesday. The secretary commerce underscored that early operationalisation of the phase-II of China-Pakistan Free Trade Agreement (CPFTA) is essential for the mutual benefit and productive outcome for both the countries. The…

Construction on 392-kilometer Sukkur-Multan Motorway has completed two weeks ahead of its time. The mega project of Peshawar-Karachi Motorway also known as Motorway 5 is the six-lane highway started in August 2016 and was expected to complete by August 2019. During three years of construction, it created produced 29,000 jobs…

ISLAMABAD: Experts on Monday called upon the government to build its export capacity to cater the demand of Chinese markets at competitive pricing, amid finalization of second phase of Free Trade Agreement (FTA) between Pakistan and China. They termed the FTA as a silver lining for Pakistan’s economy and splendid…

ISLAMABAD: The Punjab Government has proposed numerous new agriculture sector development projects to be included in the China Pakistan Economic Corridor (CPEC) Socio Economic Development Framework. Under the framework, a joint cotton research laboratory would be established in Multan at a cost of Rs 186 million to help improving the…

ISLAMABAD – A total of three motorway projects, being executed as part of China Pakistan Economic Corridor (CPEC), are almost ready for their opening but the National Highway Authority has yet to decide about their final dates of inauguration. These projects include 392km long Multan-Sukhar Motorway (M-5), 54km long package-I…

ISLAMABAD: Pakistan has urged the Korean companies to participate in CPEC related projects and also proposed for establishment of exclusive economic zone for Korean companies under this mega project. Adviser to PM on Commerce & Textile, Industries & Production and Investment Razzak Dawood asked the Korean companies in Pak-Korea CEO…

Chinese Deputy Chief of Mission in Pakistan, Mr. Lijian Zhao , is leaving with effect from 8th August. He has been replaced by another senior diplomat, Ms. Pang Chunxue who is already in Islamabad. Zhao had served on more than one occasion in Islamabad. Altogether he served more than eight…

BEIJING  –    Pakistan-China relationship is close and solid, and it is based on mutual respect and mutual trust, Chairman of the Joint Chiefs of Staff Committee (CJCSC) General Zubair Mahmood Hayat told Chinese media. He also stressed that Pakistan-China relationship is far beyond the China-Pakistan Economic Corridor, but the projects…

FAISALABAD: The Punjab government has embarked upon a gigantic project – Allama Iqbal Industrial Estate in Faisalabad – in which 150 Chinese companies will invest billions of rupees to set up different industrial units. This was disclosed by Punjab Chief Minister Usman Buzdar at a ceremony held to distribute Sehat…

Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi has said that shifting of Chinese handicrafts industry to Pakistan could play a vital role in empowering Pakistani women. PCJCCI President speaking at the chamber’s think tank meeting here on Thursday urged the government to work on…