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President urges for enhancing trade in discussion with outgoing Chinese ambassdor

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President urges for enhancing trade in discussion with outgoing Chinese ambassdor
GLOBALTIMESPAKISTAN

President Arif Alvi on Tuesday stressed enhancing bilateral trade with China, while saying the strengthening of business could prove mutually rewarding.

Talking to the outgoing Chinese ambassador Nong Rong here at the Aiwan-e-Sadr, the president noted that under China Pakistan Economic Corridor (CPEC), 19 projects were completed, 28 were under construction while 41 were in the pipeline.

President Alvi said the CPEC was a transformational flagship project of the Belt and Road Initiative, which had the potential to act as the pivot of regional peace and connectivity.

The expeditious completion of four broad clusters of cooperation — Gwadar Port and its auxiliary features, energy projects, transport infrastructure and industrial cooperation including the development of Special Economic Zones (SEZs) — will change trade, business and investment outlook of the country, he said.

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The president observed that with shifts underway on the world stage, there was a need to further expedite the progress on CPEC so that the goods should start moving from South China to Gwadar port and upward in a regular manner.

The second phase of CPEC should be pursued expeditiously to promote agriculture; innovation and IT sector; industrial cooperation; livelihood generation and poverty alleviation; automobiles, textiles and leather manufacturing; and shifting of Chinese industries to Pakistan wherever possible, he added.

The president noted that the signing of China-Pakistan Free Trade Agreement in January 2020 had further liberalized the trade resulting in a significant expansion in trade volumes adding that as per data for the first 11 months of 2021, bilateral trade reached a record high at US$ 27.8 billion registering an increase of 60 percent with the corresponding period of 2020.

Pakistan’s exports amounting to 3.6 billion US $ also registered an increase of 68% year over year.

The president expressed his satisfaction over the encompassing cooperation between the two countries in the fields of defence to socio-economic development.

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He conveyed his deepest gratitude to the people of China and President Xi Jinping for extending generous financial support to Pakistan which helped the country to deal effectively with the financial situation faced by it and during global warming-induced super floods last year which proved helpful in alleviating the suffering of the flood affected persons.

The president said the Chinese grant to the Presidency would be used to build a digital outreach platform to provide help to people under stress or facing mental health issues.

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Dozens arrested in weekend of protests on US campuses

Dozens arrested in weekend of protests on US campuses

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Dozens arrested in weekend of protests on US campuses

Police on Saturday arrested at least 25 pro-Palestinian protesters and cleared an encampment at the University of Virginia, the university said in a statement, as US campuses braced for more turmoil during graduation celebrations.

Tensions flared at UVA’s campus in Charlottesville, where protests had been largely peaceful until Saturday morning, when police officers in riot gear were seen in a video moving on an encampment on the campus’ lawn, cuffing some demonstrators with zip-ties and using what appeared to be chemical spray.

Students across the US have rallied or set up tents at dozens of universities to protest the months-long war in Gaza and call on President Joe Biden, who has supported Israel, to do more to stop the bloodshed in Gaza. They also demand their schools divest from companies that support Israel’s government, such as arms suppliers.

The University of Virginia said in a news release that protesters had violated several university policies including setting up tents on Friday night and using amplified sound.

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Jim Ryan, UVA’s president, wrote in a message that officials had learned that “individuals unaffiliated with the university” who presented “some safety concerns” had joined protesters on campus.

It wasn’t immediately clear how many of those arrested were UVA students.

A group called UVA Encampment for Gaza that said earlier this week it had set up the encampment condemned the university’s decision to call in police in a post on Instagram.

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Dar meets Azeri counterpart on margins of OIC Summit, discusses bilateral cooperation

Dar meets Azeri counterpart on margins of OIC Summit, discusses bilateral cooperation

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Dar meets Azeri counterpart on margins of OIC Summit, discusses bilateral cooperation

Deputy Prime Minister and Foreign Minister Ishaq Dar met with Azerbaijan’s Foreign Minister Jeyhun Bayramov on the sidelines of the 15th OIC Islamic Summit Conference in Banjul, the capital of Gambia.

According to a spokesperson for the Foreign Office, the two leaders discussed bilateral relations during the meeting.

Dar and Bayramov expressed their commitment to further promote bilateral cooperation in various fields, including trade and energy.

The spokesperson said that the leaders agreed to enhance political relations and dialogue during the meeting.

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Ishaq Dar, on this occasion, congratulated Jeyhun Bayramov on Baku’s nomination to host COP29.

The foreign minister expressed Pakistan’s keen interest in cooperation and exchange of experiences to address climate change.

He also commended Azerbaijan for its strong and principled stance on the Kashmir conflict.

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Two key TTP operatives killed in Rawalpindi operation

Two key TTP operatives killed in Rawalpindi operation

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Two key TTP operatives killed in Rawalpindi operation

 Two key terrorists were killed as a result of gunfire from their own associates during an operation carried out by personnel of the Counter-Terrorism Department (CTD) on Sunday.

According to CTD officials, the dead terrorists, Naseebullah and Ihsanullah, were affiliated with the banned Tehreek-e-Taliban Pakistan (TTP). Both were wanted for the murder of a cop during an attack on a Dolphin Force team in Rawalpindi.

A huge stash of explosives, including hand grenades, heavy weaponry and ammunition, was seized.

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