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Pakistan, China sign several agreements in Beijing

BEIJING -UNS: Pakistan and China have signed various agreements in Beijing on Saturday. Prime Minister Muhammad Nawaz Sharif and his Chinese counterpart Li Keqiang witnessed the ceremony. Federal Ministers, Advisor on Foreign Affairs and Chief Ministers of all four provinces were present on the occasion. …

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Pak-China to ink important CPEC related agreements: Ahsan Iqbal

ISLAMABAD -UNS: Minister for Planning Development & Reform, Ahsan Iqbal has announced that Pakistan and China would sign number of CPEC related agreements and memorandum of understandings during Belt and Road Forum scheduled to be held in Beijing. He expressed these views while talking to …

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Construction of Boeing’s first overseas 737 factory starts in China

HANGZHOU-UNS/Xinhua – Construction of Boeing’s first overseas facility as part of its 737 production system started Thursday in the east China port city of Zhoushan. The construction will consist of two parts — a Boeing 737 completion center and the delivery center. It is scheduled …

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Pakistan,Turkey to jointly manufacture war copters

ISLAMABAD -UNS – Pakistan has entered an agreement with Turkey to manufacture Ada class corvettes and T-129 helicopters. The agreement was signed by Minister for Defence, Rana Tanvir and his Turkish counterpart. The corvettes clock 54 kilometres per hour and support the most advanced GPS …

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‘CPEC to directly benefit 3 bln people in China, SA, CA & ME’

ISLAMABAD: By linking China with the Arabian Sea and the Persian Gulf, Cihna-Pakistan Economic Corridor (CPEC) will optimize trade potential and enhance energy security of China, Pakistan and the wider region, directly benefiting some three billion people in China, South Asia, Central Asia and the …

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Trade with Pakistan stood at Rs 48 bln in 2016

ISLAMABAD -UNS/APP: Polish ambassador to Pakistan Piotr Opalinski Wednesday said his country’s trade volume with Pakistan stood at around Rs 48 billion during the year 2016. In a brief interview with APP here, he expressed confidence that Poland trade volume with Pakistan, which was 400 …

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Pakistan shows strong growth and reduction in fiscal deficits:Moody

ISLAMABAD -UNS: Strong growth performance, fiscal deficit reduction and improved inflation dynamics underpin the Government of Pakistan’s B3 rating with a stable outlook, says Moody’s Investors Service. In a statement issued on Monday, the credit rating agency Moody’s maintained that, the government’s very narrow revenue …

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Pakistan to get $ 2.5 billion as infrastructural financing from ADB

YOKOHAMA -UNS : Pakistan will hopefully get financial allocation of $ 2.5 billion as infrastructural financing from Asian Development Bank (ADB), which would help country’s economy to post 7 per cent growth rate by 2019. Minister for Finance Senator Muhammad Ishaq Dar in an interview …

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What to expect from OBOR Forum

The One Belt and One Road Forum for International Cooperation scheduled for mid-May is a high-profile international meeting on the Belt and Road Initiative, a China-proposed trade and infrastructure plan connecting Asia with Europe and Africa. China will use the forum to build a more …

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Tech billionaire buys Sydney mansion for record price

SYDNEY: Tech billionaire Scott Farquhar has bought a Sydney waterfront mansion for an Australian record Aus $75 million (US $56 million), a report said Monday, after the owners resisted selling the 1863-built home to developers. The co-founder of Australian software giant Atlassian, which floated in …

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