Skip to main content

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

https://www.samaa.tv/pakistan/2018/02/report-reality-cpec-facts-fiction/


February 19, 2018

 

By:Samaa Web Desk

Published in EconomyPakistan

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 CPEC, the research report prepared by Pakistan-China Institute, states that the mega-corridor project will change the perception of Pakistan and promote it as an investor-friendly nation. It will also act as an effective counterweight to the Indian pressure. It is a vote of confidence in the future of Pakistan and a way forward for Pakistan’s future prosperity.

The report also states that CPEC will benefit all the provinces.

Highlighting the energy and road infrastructure projects completed under the CPEC, the report states that the special economic zones under the project will cater to the needs of local businesses and increase competitiveness for goods in the local market.

Speaking on the occasion, the interior minister Ahsan Iqbal said only democracy can ensure sustainable socio-economic development.

He said it was because of democracy that the country was today having historic projects like China-Pakistan Economic Corridor.

Addressing the ceremony which also marked launch of Chinese language classes in Islamabad, Chairman Senate Raza Rabbani said that CPEC will mutually benefit both Pakistan and China in strategic and economic realms.

Voicing concerns over the US policy on Afghanistan, the Senate chairman said that Washington wants to make New Delhi policeman of the region but this is not acceptable either to Pakistan or the people of the region.

In his remarks on the occasion, Chinese Ambassador to Pakistan Yao Jing said the two countries have reached a consensus on taking the CPEC project forward, adding that any problems coming in its way will be addressed collectively

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…

Germany’s Siemens sets up Belt and Road office in Beijing

https://gbtimes.com/germanys-siemens-sets-up-belt-and-road-office-in-beijing
Germany’s Siemens sets up Belt and Road office in Beijingby Janne Suokas Mar 23, 2018 15:20 TRADEINVESTMENTBELT AND ROAD INITIATIVEGerman industrial and engineering group Siemens will set up a Belt and Road office in Beijing. surberFlickrCC BY 2.0
German industrial and engineering group Siemens will set up an office in Beijing to boost international cooperation under China’s Belt and Road initiative, the company said on Friday.The move will help strengthen Siemens’ cooperation with Chinese and international companies and expand business opportunities brought about by the Belt and Road initiative, according to the company’s statement.The Belt and Road initiative is China’s ambitious project to boost trade and infrastructure investment in more than 65 countries along the ancient Silk Road trade routes from Asia to Europe and Africa.Siemens said it had already partnered with hundreds of Chinese companies in overse…