Skip to main content

Nations fast-track Pakistan port plan

By HU YONGQI | China Daily | Updated: 2018-11-05 08:39

A general view of the port before the inauguration of the China-Pakistan Economic Corridor port in Gwadar, Pakistan, on Nov 13, 2016. [Photo/Agencies]

Joint declaration highlights vision of economic corridor, trade, investment

The all-weather strategic cooperative partnership between China and Pakistan will be strengthened with a firm commitment to building the China-Pakistan Economic Corridor, including the landmark Gwadar Port, according to a joint declaration released on Sunday.

The countries agreed to accelerate construction of the port and supporting projects, as the facility is key for cross-regional connectivity and a pillar of the economic corridor, it said.

The declaration focused on eight aspects, including strategic communications, the economic corridor, trade, investment and financial cooperation.

The countries reiterated that the Belt and Road Initiative is a win-win model for international cooperation and will provide new opportunities for economic development and prosperity. The corridor is on a fast track and plays a vital role in Belt and Road cooperation, the declaration said.

Both sides oppose negative reports on the economic corridor and will firmly guard its safety, the declaration said.

It added that Pakistan appreciates the contribution made by Chinese workers to economic projects in its territory, and that China extended gratitude to its South Asian partner for the security measures it now has in place to protect Chinese projects and workers in Pakistan.

Before the declaration, the two countries signed 16 agreements on Saturday to boost cooperation in scientific research, justice, poverty relief, healthcare and customs clearance. The signings were witnessed by Premier Li Keqiang and Pakistan's Prime Minister Imran Khan.

In a meeting between the leaders, Li said substantial progress has been made in Belt and Road cooperation between the neighbors. Projects carried out for the economic corridor have been fully discussed, are in line with commercial principles and promise economic returns, he said.

China is willing to accelerate construction of the corridor with Pakistan on the basis of openness and transparency, Li said.

Khan said Pakistan sees the corridor as a major opportunity that has greatly contributed to the country's economic and social development. He said that Pakistan is resolute in pushing forward construction and protecting the safety of Chinese workers, and that it appreciates the strong support given by China during its hard times.

Pakistan is willing to learn from China's experience to boost its own reforms, he added.

Kong Xuanyou, vice-minister of foreign affairs, said at a briefing on Saturday that the number of projects related to the economic corridor will be increased, not cut.

"Pakistan reiterated that its relations with China are a cornerstone of its foreign policy, and it remains committed to the friendship between the two countries and advancing the China-Pakistan Economic Corridor," Kong said.

The two sides had agreed to establish a strategic dialogue mechanism between foreign ministers to enhance overall planning and coordination, he said.

Kong said both nations will firmly move forward with the corridor, while ensuring the smooth operation of completed projects and advancing ongoing projects.

China and Pakistan will embrace industrial cooperation in the economic corridor and engage in overall collaboration to help improve people's lives in Pakistan, Kong said.

"China will continue to provide any assistance it can to Pakistan to help the country's economic development," he added.


Popular posts from this blog

The Rise of China-Europe Railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

Balochistan to establish first medical university

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