Category: Highlights

PM returns from China with more pacts under his belt

Admin
China-Pakistan

• Pakistan joins China’s moon programme• Kakar offers Friday prayers in Xinjiang• Khunjerab border crossing to operate throughout the year ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar returned home on Friday evening after a whirlwind five-day China trip that took him to places where only few foreign dignitaries before him visited, and one that saw Islamabad and Beijing ink over 20 agreements, covering areas from currency swapping to building a research station on the moon’s south pole. Although both sides vowed to cement ties in various fields, especially for China-Pakistan…

Read More

Pakistan, China commit to broaden CPEC horizons

Admin
PAK-CHINA

• Crucial agreement signed to cut cost of cross-country Main Line-1 rail link• Pakistan Refinery inks $1.5bn deal to boost petrol, diesel production• PM Kakar looks to Beijing for help to diversify export basket, expand industrial base ISLAMABAD: Pakistan and China on Wednesday agreed to expand the scope of the multibillion-dollar CPEC infrastructure project, which will now diversify to areas like industrial development, ICT, livelihood projects, mining and mineral exploration, and agriculture. Presently, the corridor is confined to road and rail connectivity and economic zones. Both countries also signed an…

Read More

Pakistan seeks investment in solar parks to cut energy bill

Admin
Pak-China

ISLAMABAD: In order to meet energy requirement of the country, Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday invited China to invest in solar parks to help reduce Pakistan’s energy import bill and support the country’s fight against climate change. “Investments in solar parks would benefit two-fold. On one hand, they will support Pakistan’s endeavours for climate action and also help reduce energy import bill,” the PM said while addressing 3rd Belt and Road Forum (BRF) for International Cooperation conference in China. According to the Prime Minister’s Office (PMO), on…

Read More

PM to attend UN climate moot in UAE

Admin
Anwaarul-Haq

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar, who is currently visiting China to attend an international forum, will be visiting the United Arab Emirates (UAE) next month. He will attend the United Nations climate change conference being held at the Dubai Expo Centre. Diplomatic sources told The News on Monday that Pakistan had conveyed UAE authorities its consent to take part in the event. The schedule of the visit is being worked out through diplomatic channels. Prime Minister Kakar, who has visited the United States, the United Kingdom, Saudi Arabia and…

Read More

Saudi Aramco, PSO, TAPI gas pipeline: Oil, gas issues now come under sharper SIFC focus

Admin
PSO-TAPI

ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed Ministry of Foreign Affairs (MoFA) and Petroleum Division to expedite resolution of issues of Saudi Aramco and Pakistan State Oil (PSO) and TAPI gas pipeline, well informed sources told Business Recorder. Minister for Energy Muhammad Ali has already dashed to China direct from Russia, as advance team of caretaker Prime Minister’s visit who has also landed in Beijing . Energy Minister is expected to interact with Bank of China/ Sinopec for establishment of either an oil refinery or…

Read More