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اردو

Mar 07, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

World

China ready to work on ‘upgraded’ economic corridor with Pakistan, minister says

Foreign Minister Wang Yi meets FM Ishaq Dar in Beijing

Reuters | BR Web Desk Published May 15, 2024

BEIJING: China is ready to pool efforts with Pakistan to promote an “upgraded version” of the China-Pakistan Economic Corridor, foreign minister Wang Yi said on Wednesday, according to his ministry.

Wang met with Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in Beijing on Wednesday.

CPEC review meeting: Certain proportion of imports should be done thru Gwadar port: PM

Dar arrived in Beijing on Monday on an official four-day visit to co-chair the 5th Pakistan-China Foreign Ministers’ Strategic Dialogue.

During his visit, the FM will also hold meetings with Chinese leaders and senior officials as well as with prominent business enterprises.

Meanwhile, earlier, in a meeting with Secretary-General of the Shanghai Cooperation Organization (SCO) Ambassador Zhang Ming, Dar expressed Pakistan’s strong commitment to advancing SCO’s security and development cooperation agenda.

Dar reaffirmed Pakistan’s unwavering commitment to the SCO Charter and the Organization’s fundamental ideals as enunciated in the ‘Shanghai Spirit.’

China Pakistan Wang Yi foreign minister China Pakistan Economic Corridor Mohammad Ishaq Dar

Comments

Comments are closed.

KU May 15, 2024 04:23pm

The Chinese have repeated their willingness and urgency on CPEC progress, despite the fact that we have repeatedly failed to provide them fool proof security, why are we reluctant to go ahead?

Recommended (0)

Re=== May 15, 2024 05:26pm

You have been ready for 15 years; the question is, is Pakistan ready? They squandered the golden opportunity. Less than 20 ships have touched base in Gwadar. And most of them are supplies to Gwadar!

Recommended (0)

Az_Iz May 15, 2024 06:45pm

The infrastructure projects that were necessary are mostly in place.Without the next phase of investment in Agriculture & Industry,the investment in infrastructure will be more of a burden than help.

Recommended (0)

Az_Iz May 15, 2024 06:47pm

China should set up more industries in Pakistan, on a much larger scale.

Recommended (0)

Re=== May 15, 2024 08:41pm

@Az_Iz , Give me one financial reason why they should invest in Pakistan. Today foreign investors unable to repatriate profits, but China should invest? Why can Pakistani's who have billions invest?

Recommended (0)

test May 15, 2024 10:05pm

There was a time when CPEC in general and BRI in particular was the leading news everywhere and many nations wanted to join BRI and lead the progress through Chinese way. Only Chinese can do it again.

Recommended (0)

test May 15, 2024 10:33pm

China will always be a brother to Pakistan no matter what because China always stood in difficult times with Pakistan and offered industrial and technical assistance whenever Pakistan required it most

Recommended (0)

KU May 15, 2024 11:11pm

We'll have to wait see now how investment by anyone is realized, especially after todays various pressers threatening/insulting judiciary. Sad chain of events are unfolding by power hungry primates.

Recommended (0)

Az_Iz May 16, 2024 12:26am

@Re===,a Chinese Tyre maker is investing $108 million to double the manufacturing and export capacity.It was news in this paper,a few days ago.For the same reason,more such investments are needed.

Recommended (0)

test May 16, 2024 10:37am

China & Pakistan must jointly launch ground work on Kashgar to Gwadar railway project costing 58 billion usd. Pakistan must give air bases, naval bases, military bases and drone bases to biggest ally.

Recommended (0)

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USD PKR Interbank Selling / Mar 7	280.03
USD PKR Interbank Buying / Mar 7	279.78
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Item	Value
Karachi Cotton PKR/37.32 KG / Mar 6	17,785
Gold 10 Grams PKR / Mar 6	260,630
Petrol/Litre / Mar 7	255.63
Crude Oil USD/Barrel / Mar 7	66.30
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Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
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Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
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Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
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Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
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Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

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Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
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