Monday, September 10th, 2018
Senate of Kazakhstan ratifies amendments to agreement with Uzbekistan
TASHKENT, (DNA) – The Senate of the Kazakh Parliament adopted a law on ratification of the protocol between the governments of Kazakhstan and Uzbekistan on introducing amendments and additions to the agreement on avoidance of double taxation of income and property from 12 June 1996 at a plenary session on Thursday. According to the press service of the Senate of the Kazakh Parliament, the protocol was signed in Astana on 23 March 2017 and is aimed at developing cooperation between the tax services of both countries by exchanging information and revisingRead More
Pakistan should target to become moderately developed country
ISLAMABAD: (DNA) – China’s march on the development path has revolutionised the concept of speedy and sustainable growth. The last four decades had witnessed transformation of China from the poverty-stricken and low development status to a major economic power of the world. China is approaching the last stop of development and attaining the status of a modern and developed country. There is a lot of discussion on the development path of China, but less on its development model. For a better understanding, there is a need to dive deep into theRead More
President reaffirms Pakistan’s desire to improve ties with China, KSA
ISLAMABAD, (DNA) – Newly elected President Dr Arif Alvi has reiterated the resolve to work with China to take the bilateral relationship to new heights during his tenure. He was talking to a high-level delegation led by Chinese Foreign Minister Wang Yi, who called on him in Islamabad today. The President underlined the significance of China in Pakistan’s Foreign Policy and looked forward to strengthening the strategic partnership in all the areas. The Foreign Minister congratulated the President on his assumption of office and conveyed the good wishes of theRead More
Sri Lanka hands over port to China to pay off debt
COLOMBO, (DNA) – Sri Lanka has formally handed control of a strategic port on its southern coast to China as part of a 99-year lease agreement. Under a US$1.1 billion (Dh4bn) deal that the Sri Lankan political opposition and trade unions have called a “sell-out” move, Chinese firms now hold a 70 per cent stake in Hambantota port. The $1.3bn port was built with loans from a Chinese state-owned bank and opened in 2010. But the Sri Lankan government has struggled to repay the debt, with the project incurring heavyRead More