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Showing posts from June 3, 2021

Editorial: Unleashing potential of Gwadar

By   News desk  - June 2, 2021 THANKS to the active and comprehensive cooperation of China, Pakistan’s dream of unleashing the full potential of the strategic port of Gwadar is becoming a reality as a number of projects aimed at achieving this cherished objective are nearing completion. Talking to the media here after reviewing the Gwadar Port and other projects under the China-Pakistan Economic Corridor (CPEC) Initiative, Chairman of the CPEC Authority Lt.Gen (Retd) Asim Saleem Bajwa highlighted that after becoming fully operational, the Gwadar Port and Gwadar Free Zone would generate economic activities of around $10 billion per annum. The details provided by General Asim Saleem Bajwa spark confidence that all projects and activities related to the port and other connected projects are progressing well and would be completed soon. It is heartening that the port’s infrastructural work had been completed by the China Port Holding Company at the cost of around $300 million, and its all

Landlocked Tajikistan proposes trade corridor to access Gwadar

Tajikistan’s President Emomali Rahmon on Wednesday expressed his country’s interest to access Pakistan’s Gwadar and Karachi seaports as the shortest trade route for the landlocked Central Asian state to connect with the region. The Tajik president proposed establishment of a trade corridor passing through Pakistan, as he addressed at a joint press stakeout with Prime Minister Imran Khan here at the PM House. The two leaders, who earlier held wide-ranging discussions on diverse areas of cooperation, expressed willingness to further strengthen the bilateral multifaceted ties. President Emomali Rahmon stressed full-fledged cooperation between Tajikistan and Pakistan to manage energy and water resources and also tapping the potential of Central Asia-South Asia (CASA-1000) power project. He termed Pakistan a ‘reliable and trustworthy partner’ of Tajikistan at the international stage, where the two countries have similarity of agenda to pursue a mutually beneficial cooperation. He mentioned

Pak Parliamentary Committee on CPEC says SEZs will be futile if industries not installed timely

By  ANI  | Published:  June 03, 2021 1:13 AM Pakistan Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Tuesday observed that the establishment of the Special Economic Zones (SEZs) would be futile, if industries are not installed there timely. Open in App Pak Parliamentary Committee on CPEC says SEZs will be futile if industries not installed timely Pakistan Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Tuesday observed that the establishment of the Special Economic Zones (SEZs) would be futile, if industries are not installed there timely. The 37th meeting of the Parliamentary Committee on CPEC held under the chairmanship of Member of National Assembly (MNA) Sher Aftab Ali was informed that issues pertaining to sale and cancellation of plots in SEZs need to be resolved at the earliest so that the process of establishing industries in SEZs could be expedited, reported The Express Tribune. The committee emphasised on the need to move towards e