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Difficult time for Chinese companies now over: PM Shehbaz

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  • 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. 

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On Friday, PTI calls for nationwide protests.

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PTI called for a nationwide walkout on Friday (tomorrow) in opposition to the proposed constitutional amendment package, citing its founder Imran Khan’s incarceration as unfair treatment, and demanding access to the jailed leader for attorneys, PTI leaders, and supporters.

Within a meeting, the PTI’s leaders resolved to stage a nationwide protest, the party claimed in a statement released on Wednesday.

In both houses of the parliament, every effort was decided to be made to obstruct the path of modification, according to the statement.

As well as advocate Intizar Hussain Panjotha, Azam Swati, and all other jailed leaders, activists, and members of parliament—including the president of Tehreek-e-Insaf Balochistan—the party’s political committee demanded their release. Aleema and Uzma Khanum are the sisters of PTI founder Imran Khan.

The PTI requested that following Friday prayers, regional organizations stage a nonviolent demonstration at district headquarters.

It argued that the constitutional change is an unacceptable attempt by the administration to distort the Constitution.

In a statement, it was stated that Imran Khan’s release was sought and that both chambers of parliament had decided to do all within their power to obstruct the amendment.

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The National Assembly is expected to assemble on October 18 to approve proposed constitutional modifications.

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It is anticipated that the National Assembly will meet on October 18 or 19 to ratify the proposed 26th constitutional amendment.

The National Assembly Secretariat has reportedly been instructed to get ready for the important gathering, according to sources.

The Pakistan Tehreek-e-Insaf (PTI) has expressed strong opposition to the proposal, which seeks to overhaul the judiciary. The government coalition is pushing through its legislative agenda in spite of this opposition.

In the 342-member National Assembly, the constitutional modification bill needs 224 votes, or a two-thirds majority, to be approved. But with only 215 members, the ruling coalition is now not strong enough to form a majority.

111 members of the Pakistan Muslim League-Nawaz (PML-N), 70 members of the Pakistan Peoples Party (PPP), 22 members of the Muttahida Qaumi Movement (MQM), five members of the Pakistan Muslim League-Quaid (PML-Q), and smaller numbers from other affiliated parties like the National Party, the Balochistan Awami Party (BAP), and the Pakistan Muslim League-Zia make up the breakdown.

Political analysts speculate that the recent verdict by the Supreme Court on Article 63-A, which permits the votes of dissident members, may be crucial in obtaining the necessary majority given the size of the ruling coalition.

To get their support for the amendment, the administration might try to influence PTI-aligned lawmakers.

Maulana Fazlur Rehman, the head of Jamiat Ulema-e-Islam-Fazl (JUI-F), has become a crucial player in this political equation. The backing of his party may be essential to guaranteeing the bill’s passing.

Maulana Fazlur Rehman announced yesterday that the constitutional amendment draft has been agreed upon. In an effort to strengthen his party’s position, he is scheduled to meet with PML-N leader Nawaz Sharif tomorrow and PPP Chairman Bilawal Bhutto Zardari today.

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C’MAN PPP Addresses Ceremony In Karachi: Following The Impact Of Climate Change, The Agriculture Sector Needs To Be Regulated

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Amid the consequences of climate change, the agriculture industry need regulation, according to Pakistan Peoples Party Chairman Bilawal Bhutto Zardari.

According to Bilawal Bhutto, agriculture is the backbone of the nation, as she stated during a ceremony in Karachi.

He claimed that during his first tenure in office, President Asif Ali Zardari moved historic measures to ensure the prosperity of farmers in the nation and supported small-scale farming.

According to Bilawal, the rights of the nation’s farmers and laborers have always been upheld by Shaheed Benazir Bhutto.

He emphasized that the Pakistan People’s Party has consistently supported the rights of the poor and that Shaheed Benazir Bhutto made courageous choices to defend the rights of farmers.

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