Skip to main content

Pak asks Kuwait to invest in economic zones of China-Pakistan Economic Corridor: FO

     
  •  Newsscroll  | Source: PTI


By Sajjad Hussain

Islamabad, Mar 18 (PTI) Pakistan on Thursday urged Kuwait to invest in the economic zones being set up under the China-Pakistan Economic Corridor (CPEC) programme and benefit from the vast and profitable opportunities, the Foreign Office has said.

The invitation was extended by Foreign Minister Shah Mahmood Qureshi to the visiting Kuwait counterpart Ahmed Nasser Al-Sabah who arrived in Pakistan on a two-day trip and held detailed talks with him.

“Foreign Minister Qureshi briefed his counterpart on the economic potential of the CPEC, in particular its Special Economic Zones,†Foreign Office said, adding that Qureshi “invited Kuwait to benefit from the vast and profitable investment opportunities in Pakistan.â€

The CPEC, which connects Gwadar Port in Pakistan''s Balochisthan with China''s Xinjiang province, is the flagship project of China''s ambitious multi-billion-dollar Belt and Road Initiative (BRI).

The CPEC is a collection of infrastructure and other projects under construction throughout Pakistan since 2013. Originally valued at USD 46 billion, the projects were worth USD 62 billion as of 2017.

Al-Sabah, who is the Foreign Minister and Minister of State for Cabinet Affairs of Kuwait, was accompanied by senior officials from the Kuwaiti Ministries of Foreign Affairs, Interior, Health, Trade and Commerce.

During the delegation level talks, the Foreign Ministers reviewed the entire gamut of bilateral relations, including cooperation in political, economic, defence, trade and investment sectors, manpower export and also discussed ways to enhance people-to-people linkages between the two countries.

They resolved to continue close collaboration in multilateral fora, in particular the United Nations and the Organisation of Islamic Cooperation (OIC), was reaffirmed.

Foreign Minister Qureshi highlighted Pakistan’s shifting focus to geo-economics with a central emphasis on peace, development and connectivity and reaffirmed a strong commitment to further strengthening and diversifying bilateral cooperation with Kuwait in all fields.

The Foreign Minister of Kuwait appreciated the positive contribution of more than one hundred thousand expatriate Pakistanis towards the development of Kuwait.

He thanked Pakistan for support and cooperation during the global pandemic, in particular in the health sector and food security of Kuwait.

He also briefed on Pakistan’s efforts in support of the Afghan peace process and stressed that the Afghan parties must seize this historic opportunity to secure an inclusive, broad-based and comprehensive political settlement. PTI

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 yo

RWR Advisory: Belt and Road at a Glance

This edition covers developments from March 12 - March 26..  Belt and Road at a Glance   Subscribe to the Belt and Road Monitor Top Developments China National Machinery Industry Corporation, commonly known as Sinomach, has agreed to  build  a $845 million, 255-mile railway across  Iran , building upon a sustained period of growth for Chinese investment in Iran that accelerated after Xi Jinping’s state visit to the country in January 2016. The railway will link the cities of Tehran, Hamedan and Sanandaj. China Civil Engineering Construction, a subsidiary of CRCC, is currently also  building  a 263-km railway line from Kermanshah to Khosravi. According to Chinese entrepreneur Lin Zuoru, who  owns  factories in Iran, “Iran is at the center of everything.”On March 23, China’s Ministry of Commerce announced that foreign direct investment by Chinese companies in 50 Belt and Road countries fell by 30.9% year-on-year. While the Ministry stated that this number covers investment across al

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please 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 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.