by Mariam Raheem
ISLAMABAD, June 4 (Gwadar Pro) - Lt. Gen. Asim Saleem Bajwa, Chairman CPEC Authority, offered Kuwait to be a part of Special Economic Zones and discussed the future prospects of Kuwait-Pakistan joint ventures through this historic initiative. “CPEC route will be a secure and cost-effective route for trade between Kuwait and China, which will reduce the time of travel by 24 days and will save $ 1,457 on each container. It is right time to join CPEC and Kuwait is urged to seize the opportunity at right time,” he said.
Lt. Gen. Asim Saleem Bajwa also specifically mentioned the opportunities in the fields of agriculture and industrial cooperation. He gave those remarks on a webinar titled “A brief history of Kuwait-Pakistan Bilateral relation and CPEC” organized by Asian Institute of Eco-civilization Research and Development (AIERD) today. Mr. Zahid Latif Khan, chairman AIERD, underlined that Vision 2035 of Kuwait and CPEC provides an excellent opportunity
Strategic depth of Pak-China ties reaffirmed--China Economic Net
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Robust and Strong security system to protect CPEC workers: DG China--China Economic Net
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‘CPEC not a debt trap’
Islamabad
March 12, 2021
Islamabad: China-Pakistan Economic Corridor (CPEC) is not a debt trap as all projects in the energy sector are investments and loans constitute only a small proportion of the overall CPEC portfolio, said Dr Ishrat Hussain, adviser to the Prime Minister on Institutional Reforms and Austerity.
Dr Ishrat was speaking at a seminar on ‘Upscaling the economic activities of CPEC: opportunities and challenges,’organised by Institute of Regional Studies here.
Dr Ishrat said that the Chinese loans were on concessional rates of 2.34 per cent. He observed that completed CPEC energy projects had already added 5,320 MW to the power generation capacity in Pakistan with an investment of $7.9 billion. He added that a capacity of 4,440 MW would be added through an investment of another $9.55 billion. He said that the total tally of all projects under CPEC was around $52 billion. He added that plans for upgrading the transmission and distri
“Pakistan and China are iron-brothers and staunchest partners. Their relationship is an anchor for peace and stability in the region. There is a greater need for for the students to understand and learn China’s culture, history and its place and role in shaping the 21st century”, underlined by Muhammad Mudassir Tipu, Director General (China), Ministry of Foreign Affairs.
The DG delivered these remarks while speaking as CHief Guest, at the opening ceremony of the Aitchison College’s Model United Nations (ACMUN) Debate today. He highlighted that the successive leadership of both Pakistan and China maintained their consistent focus on deepening, broadening and solidifying this relationship. “Owing to such unwavering commitment and resolute attention, Pak-China relationship has matured into an all-weather strategic cooperative partnership.”