Friday, May 1st, 2020
Transfer of sentenced persons: China-Pak treaty ratified
China’s then Minister of Justice Fu Zhenghua and Pakistan’s Foreign Minister Shah Mahmood Qureshi officially signed the treaty during Pakistan’s Prime Minister Imran Khan’s visit to Beijing in November 2018, in the presence of Chinese Prime Minister Li Keqiang DNA/STAFF REPORT BEIJING, The treaty on the transfer of sentenced persons between China and Pakistan was ratified by China’s top legislative body National People’s Congress (NPC) Standing Committee. The 17th session of the Standing Committee of the 13th NPC, which concluded on Wednesday, was chaired by its chairmanRead More
COVID 19: Uzbekistan to get over 3 billion dollars from partners
DNA TASHKENT: President of Uzbekistan Shavkat Mirziyoyev signed the decree “On measures to attract external assistance to support the population, budget, basic infrastructure and business entities during the coronavirus epidemic”. International financial institutions are ready to provide Uzbekistan with long-term loans and grant totaling more than 3 billion dollars. Agreements have already been reached. A “Roadmap”, enclosed to this resolution, stipulates that 277,5 million dollars will go to strengthening healthcare system, 700 million dollars to business and banking systems support, 1,7 billion dollars and 150 million Euro to state budgetRead More
CPEC to help strengthening industrial cooperation: Haroon
DNA/STAFF REPORT ISLAMABAD, April 30 () The China-Pakistan Economic Corridor (CPEC) could speed up the industrial cooperation in priority sectors, said Haroon Sharif, the former Minister of State and Chairman of Pakistan Board of Investment. “At this stage, there is a huge scope for investments in the health sector including pharmaceuticals and expansion of hospitals’ network,” said Sharif in an exclusive interview with China Economic Net (CEN). The CPEC, he said could help strengthening the digital technology- base in Pakistan, as the world moves to remote working. More specifically, thereRead More
Pakistan can save US$5-6bn annually by utilizing PNSC
ISLAMABAD (DNA) – Pakistan can save around US$5-6 billion annually merely by using Pakistan National Shipping Corporation (PNSC) as a mainstay of its international maritime trade, while also allowing the national flag carrier to buy more oil carriers and tankers in order to increase its capacity of transporting liquid freight. The recommendation was made by Commodore (r) Syed Muhammad Obaidullah, former executive director of PNSC, who has also served as the founding director of National Maritime Policy Research Center (NMPRC), in an exclusive webinar talk ‘Global Oil Crisis AmidstRead More
Chinese Ambassador calls on Khusro Bukhtiar
ISLAMABAD, APR 30 (DNA) – Yao Jing, Ambassador People’s Republic of China called on Federal Minister for Economic Affairs Makhdum Khusro Bukhtiar in Islamabad Thursday. According to a press statement, Federal Secretary of Economic Affairs also attended the meeting. The Minister for Economic Affairs appreciated the assistance extended by Government of China to fight the pandemic. The economic recovery after COVID-19 pandemic will be contingent on the developments around CPEC. Minister highlighted that CPEC is now entering into a new phase. It was discussed that priority in the secondRead More
Govt disbursed Rs81b among deserving families so far: PM
ISLAMABAD, APR 30 (DNA) – Prime Minister Imran Khan says the government has, so far, disbursed 81 billion rupees among 6.6 million deserving families under Ehsaas Emergency Cash Programme. Briefing the newsmen about prevailing Coronavirus situation in Islamabad on Thursday, he said that Ehsaas Emergency Cash Information Portal was launched for bringing transparency and merit into the programme. He said the third category of the programme covered all provinces, including Gilgit-Baltistan and Azad Kashmir. The Prime Minister said Sindh has been given the maximum relief funds under the EhsaasRead More