ISLAMABAD, Oct 18 (APP): Pakistan and China have agreed to continue to deepen cooperation in various fields and accelerate efforts to build an even closer Pakistan-China community with a shared future in the new era. “The two sides noted that in a transforming and turbulent world where major changes are unfolding at a faster pace, the Pakistan-China relationship is of strategic significance, and any attempt to disrupt or undermine Pakistan-China cooperation is bound to fail. Pakistan and China enjoy an all-level, cross-board and high-quality relationship. The Chinese side reiterated that…
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Pakistan’s Gains from Shanghai Cooperation Organisation (SCO) Membership: A Comprehensive Overview
Since becoming a full member of the Shanghai Cooperation Organisation (SCO) on June 9, 2017, Pakistan has reaped significant benefits across multiple sectors, particularly in trade, security, and regional diplomacy. Pakistan’s involvement in the SCO has strengthened its trade potential, enhanced security cooperation, and bolstered its geopolitical standing within Central Asia. In terms of trade, Pakistan’s exchange with SCO members, particularly China, has flourished. Bilateral trade with China reached over $27 billion annually, fueled by initiatives such as the China-Pakistan Economic Corridor (CPEC) and the Belt and Road Initiative (BRI).…
Read MoreRestrictions Hamper Progress on Dasu Hydropower Project: World Bank Cites Transportation Challenges
ISLAMABAD: The World Bank has reported significant slowdowns in the 4,320 MW Dasu Hydropower Project due to restrictions on ground transportation for international workers and experts from Islamabad to the project site, as well as a shortage of armored vehicles for their movement within the project area. A recent World Bank mission to Pakistan noted that while construction is ongoing, security and logistical challenges have hindered progress. The March 2024 terrorist attack, which led to a temporary suspension of work by Chinese contractors, exacerbated the delays. Key milestones, such as…
Read MoreSCO Backs China’s Belt & Road Initiative Amid Diverging Views on Regional Security
PM Shehbaz chairs summit; eight key documents on bloc’s budget, secretariat, and counterterrorism efforts signedSCO members reject Western sanctions, call for the use of national currencies in tradeJoint communique urges closer cooperation in politics, security, and the establishment of an SCO Development BankIndia expresses concerns over cross-border terrorism, affecting trade and connectivity effortsISLAMABAD: Leaders of the Shanghai Cooperation Organisation (SCO) on Wednesday reaffirmed their unwavering support for China’s Belt and Road Initiative (BRI) despite India’s objections, which blocked a full consensus on the project. The meeting, chaired by Prime Minister…
Read MorePakistan and China Reaffirm Unbreakable Ties Amid Global Challenges
ISLAMABAD: Pakistan and China have reaffirmed their commitment to strengthening cooperation and building a closer community with a shared future. In a joint statement issued during the Shanghai Cooperation Organisation (SCO) summit, both nations emphasized the strategic significance of their relationship in a rapidly changing global landscape. The statement underscored that any attempt to disrupt Sino-Pak ties is destined to fail. Both sides highlighted the high-quality and all-encompassing nature of their bilateral relations. China reaffirmed that Pakistan remains a priority in its foreign policy, while Pakistan reiterated that its relationship…
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