KARACHI: Prime Minister Shehbaz Sharif is set to formally inaugurate the much-awaited 34th National Games in what is expected to be an impressive ceremony in Quetta today. According to the organisers of the event, the ceremony is scheduled to start at 3:00pm and end at 4:30pm. However, sources claim that due to security reasons, the ceremony may be rescheduled, …
ISLAMABAD: Pakistan has asked the United States if its sanctions on Iran will impact the much-delayed gas pipeline project, a senior official at the Energy Ministry told The News. The official said the ministry has informally asked the authorities several times, while the State Minister for Petroleum Musadik Malik has also taken up the matter with US functionaries during his recent US …
ISLAMABAD: Pakistan is making last-ditch efforts with the International Monetary Fund (IMF) to revive the stalled Extended Fund Facility (EFF) programme, The News reported on Monday. The hopes are diminishing each day mainly because the ongoing programme of $6.5 billion under the EFF will expire on June 30. The parleys between Pakistan and the IMF continue for the completion of the ninth …
After being arrested multiple times since the May 9 riots, Pakistan Tehreek-e-Insaf (PTI) Senior Vice-President Dr Shireen Mazari is all set to go free after the Lahore High Court’s Rawalpindi bench ordered her release on Monday. The court has asked the PTI leader to submit an affidavit to the deputy commissioner assuring no involvement in violent activities in the …
Islamabad, May 20 (INP): China’s remarkable economic revival continues to gather momentum, as evidenced by official data released here, according to a report carried by Gwadar Pro on Saturday. As per the report, domestic consumption, industrial production, and fixed asset investment in the country all exhibit a strong upward trend in the first four months of this year. Notably, …
ISLAMABAD, May 22 (INP): Central Asia is striving to transform to realize the dream of sustainable development. It is putting efforts to achieve the lost glory, which Central Asia enjoyed during the days of the ancient Silk Road, according to an article carried by Gwadar Pro on Monday However, connectivity, lower industrial development, poverty and lack of financial resources are hindering the transformation and realization of dreams of sustainable development. Thus, Central Asia is looking for friends and partners, which can help Central Asia overcome these problems and put the region on the path of development. In this context, the China-Central Asia Summit held on May 18 and 19 was dubbed as a game changing opportunity for Central Asia. The summit has all the elements that can help Central Asia move on the path of prosperity. First, the cooperation to help Central Asia overcome the challenge of connectivity was proposed. There is no second opinion that China through Belt and Road Initiative can help Central Asia solve the problem of connectivity. Two corridors of BRI – CCAWAC and CPEC – are the best options available for this purpose. Besides, China is working to enhance the traffic capacity of China-Kyrgyzstan-Uzbekistan and China-Tajikistan-Uzbekistan highways. China also supported the trans-Caspian international transport corridor, which is considered a new beginning to develop BRI’s linkages with other initiatives. Lastly, China emphasized the importance of expediting the China-Kyrgyzstan-Uzbekistan railway project. Thus, it is hoped that Central Asia will transit from landlocked country to land linked country. It will help Central Asia play the role of connecting nod between the East and the West, as it was playing during the times of the ancient Silk Road. Second, China has shown keen interest in helping Central Asia tackle issues of development and poverty. China announced that China will formulate the China-Central Asia special cooperation program for poverty reduction in the region. China also kicked start the implementation of the “China-Central Asia technology and skills improvement scheme”. It is an innovative approach, which will not only help eradicate poverty but also prepare future generations for the fourth industrial revolution. Also China will provide Central Asian countries with a total of 26 billion yuan (about 3.7 billion U.S. dollars) in financing support and grants. Third, China will be working with Central Asia to implement a green development agenda, high-quality development vision and tackle environmental and climate change issues. China will help develop and modernize industrial and agricultural sectors in Central Asia. …
Islamabad, May 21 (INP): On the occasion of the 72nd of the establishment of diplomatic relations between China and Pakistan, Chinese Embassy held hete the reception on “China-Pakistan Unbreakable Friendship and the Bright Future”. Pang Chunxue, Charge d’Affaires of the Chinese Embassy, the chief guest, Dr. Asad Majeed Khan, Foreign Secretary of Pakistan, Mr. Mazhar Javed, Director General of …
ISLAMABAD May 21 (INP): As US President Joe Biden prepares to reengage in negotiations with House Speaker Kevin McCarthy and other influential Republicans on the critical issue of the debt ceiling to find common ground amidst a landscape riddled with challenges, constitutional experts warn of the potential ramifications should they fail to forge an agreement on this matter. According to …
BEIJING, May 21 (INP): China and Pakistan have decided to set up apiculture cooperation arrangements, China Economic Net (CEN) reported on Sunday. China-Pakistan Apiculture Forum was held at Changsha two days ahead of the World Bee Day which falls on Saturday. The forum is also a core part of the Training Course on Beekeeping and Honey Processing Technology for …
ISLAMABAD, May 20 (INP): Pak-China FTA2 is important one to implement as a priority to revive denominated seafood catch, says economic experts. A meeting between the General Administration of China Customs and the Trade Development Authority of Pakistan (TDAP) held early this month to review the two clauses of FTA1, i.e., the addition of neglected Harmonized System (HS) Codes for a variety of seafood …
