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ISLAMABAD: Pakistan has once again sought Chinese financing for the western route of the China-Pakistan Economic Corridor (CPEC), requesting Beijing to sign a bilateral framework agreement for implementing the scheme that largely remains on papers due to funding constraints. The request was made during a meeting of the CPEC Joint Working...
KARACHI:  The president of Pakistan recently promulgated ordinances to establish the China-Pakistan Economic Corridor Authority (CPEC Authority) and grant tax concessions to Gwadar Port and its free zone. The aim of the government is to reinitiate the CPEC project and achieve its goal of not only greater economic development in Pakistan...
BEIJING: China has expressed willingness to further expand the China Pakistan Economic Corridor (CPEC) and said the related projects will speed up regional development. Beijing also reaffirmed its unwavering support to Pakistan's sovereignty and territorial integrity as well as on all issues of the country's core national interest. The reiteration...
LAHORE: Protracted delay in the execution of various projects sanctioned for Azad Jammu and Kashmir (AJ&K) under the China-Pakistan Economic Corridor (CPEC) could result in their escalated costs, and hinder the state’s economic development and regional connectivity, people familiar with the matter said on Monday. Sources said four mega projects...
ISLAMABAD: Prime Minister Imran Khan arrived in Beijing late at night on Monday and will embark on two-day official visit of China on Tuesday. Meanwhile, President Arif Alvi promulgated an ordinance to provide for establishment of the China Pakistan Economic Corridor (CPEC) Authority. The ordinance promulgated by the president on...
ISLAMABAD: Amid a perceived slowdown on China-Pakistan Economic Corridor (CPEC), the federal Minister for Planning, Development and Reforms Makhdum Khusro Bakhtyar on Sunday said Pakistan would engage China at the highest level for talks on several big projects in the fields of hydropower, oil refinery and steel mills. Speaking at...
ISLAMABAD: Prime Minister Imran Khan will pay an official visit to China on Oct 7-8 with the main agenda of ‘revival’ of stalled China-Pakistan Economic Corridor (CPEC) projects. “Removal of all bottlenecks in CPEC projects and their timely completion is the top priority of the government,” the prime minister reiterated...
ISLAMABAD: The Senate Standing Committee on Communications noted on Monday that a ‘callous’ attitude adopted by the government was giving an impression that it was shelving western corridor projects of the China-Pakistan Economic Corridor (CPEC). The committee meeting held at the Parliament House discussed various development projects including progress on...
ISLAMABAD: The government is revisiting laws pertaining to special economic zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) to fix deficiencies, Chairman Board of Investment Zubair Gilani told a parliamentary body meeting on Wednesday. “There was no harmony between legislation and ground challenges at the time China-Pakistan Economic Corridor was...
PESHAWAR: China has reiterated its commitment to complete CPEC projects on time even as it eyes further investment in Khyber-Pakhtunkhwa. This was expressed by Chinese Ambassador Yao Jing in a meeting with Khyber-Pakhtunkhwa (K-P) Finance Minister Taimur Saleem Jhagra. Also Read: Kashmir-CPEC nexus During the meeting, Jhagra and Jing exchanged views on matters of...

Opinion

billions tax

Tax plans san debate!

According to a Press report, Chairman Federal Board of Revenue (FBR), Shabbar Zaidi, has shown flexibility over establishment of Pakistan Revenue Authority (PRA) after...