Skip to main content

Pakistan says US invited to invest in CPEC


Pakistan Prime Minister Imran Khan's adviser on commerce Abdul Razak Dawood on Thursday said the government made the offer during a meeting with the US trade delegation led by Commerce Secretary Wilbur Ross on Wednesday, The Express Tribune report...

BCCL
Sharing details of the meeting, Dawood said the US officials have also expressed interest in promoting e-commerce.
Islamabad: In an interesting move, cash-strapped Pakistan has invited the US to join the USD 60 billion China-Pakistan Economic Corridor, an ambitious infrastructure project looked with suspicion by the Trump administration for being non-transparent.

Pakistan Prime Minister Imran Khan's adviser on commerce Abdul Razak Dawood on Thursday said the government made the offer during a meeting with the US trade delegation led by Commerce Secretary Wilbur Ross on Wednesday, The Express Tribune reported.
ADVERTISEMENT

Interestingly last month, senior US diplomat Alice Wells said that there is no transparency in the China-Pakistan Economic Corridor (CPEC) and the firms blacklisted by the World Bank have got contracts under the project, which will increase Pakistan's debt burden.

Wells, the Principal Deputy Assistant Secretary of State for South and Central Asia made the remarks while speaking at a think tank event during her four-day visit to Pakistan.
ADVERTISEMENT

Khan's commerce advisor Razak said: "The US has shown interest in (Pakistan's) energy, oil and gas, agriculture and food processing".

China has committed to invest over USD 60 billion in Pakistan as part of the CPEC under which it planned to build a number of special economic zones.
ADVERTISEMENT

India has objected to the CPEC as it is being laid through Pakistan-occupied Kashmir.

The US Commerce Secretary's visit is the result of recently-held discussions between Prime Minister Imran Khan and President Donald Trump to promote bilateral trade and enhanced economic engagements, the report said.
ADVERTISEMENT

"Pakistan-US market access is the main point. We want access to the US market," Dawood said, adding that the US official has assured of his cooperation.

Sharing details of the meeting, Dawood said the US officials have also expressed interest in promoting e-commerce.

"They have agreed that the US International Development Finance Corporation would help in developing new businesses in Pakistan. The US secretary is ready to send a commerce delegation for coordination," Dawood said.

He said they discussed bilateral relations and matters of mutual interest, and agreed to enhance mutual trade to a maximum level.

A Free Trade Agreement (FTA) could be a long-term goal because of complexity involved in the process, Dawood said.

CPEC connecting China's Xinjiang with Pakistan's Gwadar port is regarded as the flagship project of the multi-billion dollar Belt and Road Initiative (BRI) which is aimed at furthering China's global influence with infrastructure projects funded by Chinese investments all over the world.

The initiative also led to allegations of smaller countries reeling under mounting Chinese debt after Sri Lanka gave its strategic Hambantota port in a debt swap to China in 2017 on a 99-year lease

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

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…

Historical relationship between Kurd and Baloch.

The Kurds are the ethnical group living in a region known as Kurdistan which is divided into Iraq, Syria, Turkey and Iran. They  are struggling for an independent region since decades and they are famous for their female guerrilla fighters.        On 25 September 2017, the referendum for an independent Kurdish region  was held in Iraq with a turn out of 72 %.   On this important occasion, the historical relation between Kurd and Baloch people is worth discussing.       When it comes to history, every nation tends to find its roots and origin. Same goes with the Baloch people. The Baloch people are always curious  about  finding their roots in history. Even if you  talk to a shepherd in Balochistan, he will be curious to talk about his  tribal or ethnical roots.      The Balochs have always conveyed the history to the next generations in different mediums like poems etc. No Baloch before 20th century had written books on  history  or origin of the Baloch nation .
        Balochs…