Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

CPEC is first chapter of One Belt One Road: Chinese Envoy

byCT Report
03/05/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Chinese Ambassador to Pakistan, Sun Weidong Wednesday said China Pakistan Economic Corridor (CPEC) was the first chapter of Chinese grand vision of One Belt One Road.Addressing a ceremony regarding One Belt One Road here, the Chinese Envoy informed that the One Belt One Road Summit was being held in Beijing on May 14, which would be attended by representatives of 28 countries and experts from across the world.

He said China was a peaceful country and gives priority to work together with the rest of the world.

You might also like

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

23/06/2026

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

He said during last three years, work on 19 projects of CPEC had been initiated with a cost of US$ 18.5 billion, and most of them would likely be completed by next year.

He said international standard state-of-the-art technology was being utilized in all CPEC projects. The Chinese envoy said as many as 60,000 Pakistanis had received direct employment opportunities through CPEC.

He said Pakistani youth were also being sent to China for training. He said Pakistan also gives special importance to the security of Chinese people and has established a special security division comprising of over 14000 security personals.

He said China wanted to increase imports of goods from Pakistan, therefore Pakistan should manufacture the products by keeping in view the Chinese needs.

Chairman Parliamentary Committee on CPEC, Mushahid Hussain Syed said, CPEC was not aimed at harming any country.

“This mega project will help bringing various countries and cultures close together”, he added. He said the Chinese GDP was 30 per cent of the world’s total GDP whereas it contributes 25 per cent share in the world’s total trade.

He said within Pakistan, all less developed areas of the country had been included in CPEC for the socio economic uplift of these areas. The ceremony was also attended by foreign envoys, parliamentarians and officials from Ministry of Foreign Affairs.

Related Stories

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

byCT Report
23/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Kerosene prices slashed by Rs48.29 per litre in Pakistan

byCT Report
20/06/2026

ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...

World Bank mission reviews Sukkur Barrage project

byCT Report
18/06/2026

SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...

Next Post

Spain plans to end Gibraltar’s 'privileged' existence as a 'tax haven' in Brexit negotiations

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.