Tag Archives: CPEC

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 ...

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 ...

NEW DELHI: Russia threw its weight behind China’s massive Belt and Road plan to build trade and transport links across Asia and beyond, suggesting to India on Monday that it find a way to work with Beijing on the signature project. India is strongly opposed to an economic corridor (China-Pakistan ...

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 ...

NEW DELHI: Afghan President Ashraf Ghani has said that his country will not be a part of the China-Pakistan Economic Corridor (CPEC) unless it is given access to Pakistan’s Wagah and Attari border. Addressing a gathering at the Vivekananda International Foundation in New Delhi, Ghani said that Kabul will restrict ...

WASHINGTON/ISLAMABAD/BEIJING: He asked the global community to focus on human rights violations and heinous crimes committed by Indian forces in Indian-held Kashmir. Pakistan and China have rejected objections raised by the USA over the China-Pakistan Economic Corridor (CPEC), saying that the One Belt One Road (OBOR) initiative is backed by ...

FAISALABAD: The British trade minister will visit Pakistan during next week to discuss bilateral trade and issues relating to the fresh UK investment in Pakistan, said British High Commissioner Thomas Drew. Addressing the business community in Faisalabad Chamber of Commerce & Industry (FCCI), Thomas said that Pakistan has enjoyed long ...

BEIJING: China has agreed to address the major concerns of Pakistan regarding preference erosion for Pakistani exports and meaningful market access during the 8th meeting of second phase of China-Pakistan Free Trade Agreement (FTA) held in Beijing. Showing concerns over the growing trade imbalance between both the countries, Pakistan shared ...

LONDON:  H.E. Syed Ibne Abbas, Pakistan High Commissioner to the UK called on Mayor of London Sadiq Khan at his office, City Hall. Welcoming the High Commissioner at his office, the Mayor of London stated that the connection between London and Pakistan is as strong as ever. He said London ...

KARACHI: Chairman Joint Chiefs of Staff Committee General Zubair Mahmood Hayat has said Pakistan is fully aware of the designs of hostile agencies, especially RAW against the country. Addressing the passing out parade of cadets at Pakistan Naval Academy in Karachi on Saturday, he said the Indian intelligence is operating ...