Saturday, 20 October 2018

Tag Archives: CPEC

CPEC loans not responsible for Pakistan’s economic crisis: China

BEIJING: China said it supported International Monetary Fund (IMF) in carrying out an objective and professional evaluation of Pakistan’s financial situation and assisting it dealing with current difficulties and added, the relevant measures should not affect normal bilateral cooperation between China and Pakistan. “As a member of the IMF, China ...

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China and India agree to maintain peace on border

WUHAN: India’s Prime Minister Narendra Modi and Chinese President Xi Jinping have agreed to strengthen communications and maintain peace along the border following the conclusion of a two day “informal” summit held in the central Chinese city of Wuhan, Sunday. “The two leaders underscored the importance of maintaining peace and ...

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China: No Military Aim of Corridor Project With Pakistan

ISLAMABAD: China has strongly refuted suggestions its multibillion-dollar economic corridor now under construction with Pakistan has “hidden” military designs as well. Beijing has pledged to invest about $63 billion in Pakistan by 2030 to develop ports, highways, motorways, railways, airports, power plants and other infrastructure in the neighboring country, traditionally ...

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PM Abbasi attends Commonwealth summit in UK

LONDON: Prime Minister Shahid Khaqan Abbasi will lead the Pakistani delegation to the 25th Commonwealth Heads of Government Meeting (CHOGM-2018) to be held in London from Wednesday to Friday (April 18 to 20). The main theme of the conference is “Towards A Common Future.” Pakistan is one of the founding ...

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UK is hugely interested in CPEC: British Foreign Secretary

LONDON: The British Foreign Secretary Mr Boris Johnson, commended Pakistan’s economic reforms agenda and counter-terrorism efforts during his meeting with the Interior Minister, Ahsan Iqbal who is on official visit to the UK. The British Foreign Secretary Boris Johnson said the United Kingdom was hugely interested in China Pakistan Economic ...

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How Not to Engage With Pakistan

President Trump’s decision last week to suspend almost all security aid to Pakistan, which quickly followed his accusation that Pakistan had “given us nothing but lies and deceit,” suggests that his administration is carrying out the hard-line approach that the president foreshadowed in August. Last Thursday, the State Department confirmed ...

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Pakistan allows yuan-based trade with China

KARACHI: Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in the strategic CPEC projects. The State Bank of Pakistan (SBP) said on Monday that all arrangements for using the Chinese currency ...

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Swaraj visits Tehran ahead of inauguration of Chabahar Port

NEW DELHI: External Affairs Minister Sushma Swaraj on Saturday made a previously unannounced stopover at Tehran on her way back from Russia and held a luncheon meeting with her Iranian counterpart Javed Zarif, a day before the inauguration of the strategically-important Chabahar port. Swaraj was returning from the Russian city ...

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