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Showing posts from April 28, 2019

Conspiracy theories – a constant threat to CPEC

By  Shakeel Ahmad Ramay Published: April 29, 2019   CPEC route. PHOTO: REUTERS ISLAMABAD:  The China-Pakistan Economic Corridor (CPEC) has entered its second phase and Pakistan expects to revive its economy through industrial cooperation under the mega project. Pakistan deems it necessary to control fiscal and current account deficits, generate employment, reduce poverty and move on the development ladder. In this regard, a number of working groups has been formed to ensure a smooth implementation of CPEC. The latest addition is the CPEC Business Council for Industrial Cooperation. The initiative is in line with the core objective of the project – economic well-being. The whole philosophy of CPEC revolves around economic development and benefit-sharing. These are the undisputed and well-established objectives. Unfortunately, CPEC could not enjoy the status of the common good for both countries. From the first day, it has become a victim of conspiracy theories. PM Imran roun

China-Pakistan sign host of deals under CPEC during PM Imran Khan's visit

The agreements were stated to be part of the next phase of the China-Pakistan Economic Corridor (CPEC). By PTI | Apr 28, 2019, 06.22 PM IST Reuters China-Pakistan Economic and Technical Cooperation Agreement for Rashakai special economic zone joint venture. BEIJING: China and Pakistan firmed up their cooperation under the USD 60 billion CPECby signing a host of agreements on Sunday, including upgradation of a Karachi-Peshawar railway line, launching of second phase of the Free Trade Agreement and establishment of a dry port. The agreements were stated to be part of the next phase of the China-Pakistan Economic Corridor ( CPEC). ADVERTISEMENT Pakistan Prime Minister Imran Khan who came here to attend China's second Belt and Road Forum (BRF) on April 25 met Chinese Premier Li Keqiang on Sunday during which they signed an agreement to build a double railway track from Karachi and Peshawar, Pakistan's state-run Radio Pakistan reported.  OTT The BRF was held here from Ap