Connect with us

Politics

Difficult time for Chinese companies now over: PM Shehbaz

Published

on

  • PM assures Chinese investors to further simplify procedures. 
  • Says China has so far invested $30 billion under CPEC.
  • “Chinese firms contributed towards Pakistan’s industrial promotion.”  

Prime Minister Shehbaz Sharif has assured Chinese companies and investors that the “difficult time for them is now over”.

Addressing an award ceremony in Islamabad on Monday, the premier said he was aware that the Chinese companies faced a tough time and problems in the recent past during the tenure of the previous government.

“We are going to do this under one umbrella as a one window operation and this I mean in letter and spirit… not just words but true implementation,” he said. 

PM Shehbaz also assured Chinese investors to further simplify procedures for the companies working in Pakistan, especially under the umbrella of China Pakistan Economic Corridor (CPEC) and implement them in letter and spirit.

The Chinese government and companies had contributed towards Pakistan’s industrial promotion in various areas and their contribution had not only led to creating job opportunities and industrial production but also further strengthened the bilateral economic ties, he added.

Earlier, the prime minister gave awards to top-performing Chinese companies working especially on projects under CPEC in Pakistan.

He said recently the two friendly countries celebrated a decade of CPEC under Belt and Road Initiatives (BRI). The PM said China had so far invested a valuable $30 billion under CPEC which had really transformed the economic landscape in Pakistan.

“Now we are entering into the second phase of CPEC in which multiple new areas are being incorporated including the green corridor, Information Technology, and Special Economic Zones,” he added.

The premier said that the government had launched a great initiative “The Special Investment Facilitation Council (SIFC)”, which would consist of all main stakeholders including the federal government, all provincial governments and institutions particularly the Pakistan Army led by General Syed Asim Munir.

The PM said the army chief had personally contributed to this programme in a way that it had no parallel in the past as he was totally dedicated to promote the cause of Pakistan and the people who had education and talent but no jobs.

“The programme SIFC will dovetail with the entire CPEC mechanism and will be a propeller in terms of Pakistan’s industrial agri progress,” he added. 

Latest News

PTI suggests resuming talks with government over judicial commission issue.

Published

on

By

Barrister Gohar, Chairman of the PTI, has claimed that the party’s founder has suspended negotiations, emphasizing that the government should declare the commission within seven days.

He emphasized the PTI’s openness to rethink if the government makes headway and establishes the commission.

Barrister Gohar told the reporters, “Seven days were enough to announce the commission.” We are ready to reconsider, but the government must first announce the commission.”

He stated that the PTI approached the negotiations with an open mind. “The PTI founder has halted the negotiations. “The government had eight laws on their agenda, while we only had two demands,” he stated.

The PTI chairman went on to say that even after seven days, no progress had been made in forming the commission. He encouraged the government to reconsider the decision and proceed with the announcement.

Continue Reading

Latest News

PTI will declare February 8 to be “Black Day,” sparking protests across the country.

Published

on

By

According to reports, the Pakistan Tehreek-e-Insaf (PTI) intends to hold rallies nationwide on Wednesday in support of its decision to declare February 8, the one-year anniversary of the general elections, a black day.

According to media sources, PTI founder Imran Khan has instructed all party lawmakers—including MPAs and MNAs—to plan and take part in demonstrations in their local communities on February 8 in order to draw attention to their complaints and issues.

In a recent meeting with legal advisors on Wednesday, Imran Khan expressed dissatisfaction with the performance of the party’s Information Secretary Sheikh Waqas Akram. The meeting emphasized the importance of party discipline and gave stern directives to abstain from any criticism of Maulana Fazlur Rehman, the head of the JUI-F.

It has also been suggested that the PTI engage opposition leaders in the demonstrations in order to win their support.

Party insiders revealed that the founder has urged leaders to ensure effective coordination and mobilised efforts in preparation for February 8.

Continue Reading

Latest News

In 13 cases involving the D-Chowk demonstration, Bushra Bibi granted temporary release until February 7.

Published

on

By

Bushra Bibi, the wife of the PTI chairman, was granted temporary release by the Islamabad Anti-Terrorism Court (ATC) in 13 counts pertaining to the November 26 D-Chowk protest. Judge Tahir Abbas Supra ordered the police to produce all pertinent documentation by February 7 and granted bail against surety bonds of Rs. 5,000 apiece.

Additionally, Bushra Bibi was given temporary release until February 7 in the Rangers’ accident case. During the hearing, Judge Tahir Abbas Supra expressed disappointment over the behavior of the defense counsel on two occasions. Addressing the lawyers, he remarked, “You demand VIP protocol everywhere, but this is not possible. Prepare your files properly before coming to court.”

Three cases at the Secretariat Police Station, two each at the Margalla, Karachi Company, and Ramna Police Stations, and one each at the Tarnol, Kohsar, Aabpara, and Khanna Police Stations are among the numerous charges against Bushra Bibi.

In addition, the judge chastised the defense team for requesting that Bushra Bibi sign and thumbprint blank documents. He said, “The accused must sign and thumbprint the court orders, not blank sheets.”

Bushra Bibi also went to the Islamabad High Court to have her biometrics verified in relation to her appeal to be exonerated in the Toshakhana-II case. On Monday, Bushra Bibi and the PTI chairman submitted their acquittal petitions. After finishing the biometric procedure, she departed right away.

Continue Reading

Trending