Skip to main content

Posts

Showing posts from April 17, 2019

CPEC to enter ‘new era’ after PM Khan’s visit to Beijing: envoy

ByMian AbrarApril 17, 2019🔊 Listen to Article‘All countries are welcome to join the development of Pakistan’s economy’ISLAMABAD: Chinese Ambassador Yao Jing said on Wednesday that the upcoming visit of Prime Minister Imran Khan to China would take the relations between the two countries into a ‘new era’ of development and prosperity.Addressing the participants during the launch of a book, ‘CPEC – A Precursor to Regional Economic Growth and Stability’, published by Strategic Vision Institute (SVI), Ambassador Yao Jing said that Pakistan and China are entering a ‘new stage of China-Pakistan Economic Corridor (CPEC)’ under which the areas of cooperation would be expanded.He said the leadership-level discussion on the next phase of CPEC would take place during Prime Minister Imran Khan’s visit to China, where he would attend the Belt and Road Initiative (BRI) Forum next week.The book contained chapters written by both Pakistani and Chinese scholars. It highlights the opportunities and po…

Chinese ambassador calls on Pak Finance Minister to discuss bilateral cooperation, CPEC

ANI | Asia | Last Updated at April 17 2019 15:35 IST
Chinese ambassador Yao Jing on Tuesday called on Finance Minister Asad Umar to discuss bilateral cooperation along with the ongoing projects under the China-Pakistan Economic Corridor (CPEC).

During the meeting, Asad briefed the Chinese envoy on the measures taken by the Pakistan government for creating a conducive environment for foreign investments, The Express Tribune reported.Asad stressed that China is a reliable friend and its support is essential for the socio-economic development of Pakistan.Chinese businessmen and investors would also benefit from the current environment by investing in various sectors of Pakistan, particularly agriculture, housing, health, education and energy, the Foreign Ministeradded.The meeting comes amid reports that the International Monetary Fund (IMF) has delayed a multi-billion bailout package to Pakistan arguing that the debt-ridden country could probably use the aid to repay its Chinese debt.Gove…