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

China’s OBOR project bringing world closer: PEW

byCT Report
09/06/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Pakistan Economy Watch (PEW) has said China’s One Belt One Road (OBOR) project has so far brought 68 countries together across three continents. Asia, Europe, Africa and Latin America are coming closer which is a very good omen for world’s peace and prosperity, it said.

Chinese are focused on Asia with Pakistan and Central Asian states getting more benefits than others countries which is not acceptable for some countries, said Dr. Murtaza Mughal, President PEW. He said that the Silk Road has existed for thousands of years, it enriched the countries it passed through and now it is being revived. He said that China has produced over 25 percent of the global Gross Domestic Product (GDP) since centuries but the industrial revolution in the west slowed it down. Now, she is regaining lost glory. US, India, Japan and some other countries have joined hands to counter Chinese influence, especially in Asia but it seems difficult.

You might also like

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

30/10/2026

Wheat, flour prices expected to decline after imported wheat arrives

29/10/2026

Dr Murtaza Mughal said that India is eying oil and gas and minerals in Afghanistan and Central Asia since long, therefore, she cannot see increasing Chinese influence in that region. Pakistan is to benefit from it which has resulted in sleepless nights in India, he noted.

Related Stories

Pakistan’s exports rise 7.7 percent to $8.5 billion in 1QFY-2027

byCT Report
30/10/2026

ISLAMABAD: Pakistan’s remittances reached $10.9 billion in the first quarter of fiscal year 2026-27, marking a 14 percentage increase year-on-year,...

Wheat, flour prices expected to decline after imported wheat arrives

byCT Report
29/10/2026

KARACHI: A ship carrying 51,000 tonnes of imported wheat has arrived at Karachi Port, raising hopes of a decline in...

Pakistan to host global mining investors at PMIF26 on November 12–13

byCT Report
28/10/2026

ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...

Geopolitical instability poses major threat to businesses and global economy: survey

byCT Report
27/10/2026

ISLAMABAD: Geopolitical tensions, rising energy prices and persistent inflation are emerging as major threats to global economic growth and business...

Next Post

APCRA lauds new excise slab

  • 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.