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Pakistan, China negotiating financing accord of ML-1

July 28, 2021
ISLAMABAD: Pakistan has formally asked China for providing loans for construction of the much-awaited Mainline-1 (ML-1) of rail line from Karachi to Peshawar in USD instead of Chinese RMB currency or a combination of both currencies could be acceptable for moving forward.
Top official sources confirmed to The News here on Tuesday that Pakistani authorities have communicated five major points to Beijing officially for evolving consensus on financing agreement for the construction of multi-billion dollar strategically important ML-1 project under China Pakistan Economic Corridor (CPEC). The Joint Coordination Committee (JCC) was postponed recently between the two sides and it was not yet known when the JCC was going to be rescheduled. However, Pakistan officially conveyed its response to Chinese for finalizing the financing agreement on the ML-1 project. The Chinese side want to provide a loan for ML-1 in RMB currency but Islamabad conveyed that Pakistan prefe ....

North West Frontier , Andhra Pradesh , Coordination Committee , Walton Railway Academy At Lahore , Committee Of The National Economic Council , China Pakistan Economic Corridor , Joint Coordination Committee , Framework Agreement , Executive Committee , National Economic Council , Nawabshah Rohri Section , Multan Lahore Section , Lahore Lalamusa Section , Kaluwal Pindora Section , Walton Railway Academy , Kiamari Hyderabad Section , Hyderabad Multan Section , Lalamusa Rawalpindi Section , வடக்கு மேற்கு எல்லை , ஆந்திரா பிரதேஷ் , ஒருங்கிணைப்பு குழு , குழு ஆஃப் தி தேசிய பொருளாதார சபை , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் , கூட்டு ஒருங்கிணைப்பு குழு , நிர்வாகி குழு , தேசிய பொருளாதார சபை ,

Sino-Pakistan talks on financing ML-1

July 28, 2021
ISLAMABAD: Pakistan has formally asked China for providing loans for construction of the much-awaited Mainline-1 (ML-1) of rail line from Karachi to Peshawar in USD instead of Chinese RMB currency or a combination of both currencies could be acceptable for moving forward.
Top official sources confirmed to The News here on Tuesday that Pakistani authorities have communicated five major points to Beijing officially for evolving consensus on financing agreement for the construction of multi-billion dollar strategically important ML-1 project under China Pakistan Economic Corridor (CPEC). The Joint Coordination Committee (JCC) was postponed recently between the two sides and it was not yet known when the JCC was going to be rescheduled. However, Pakistan officially conveyed its response to Chinese for finalizing the financing agreement on the ML-1 project. The Chinese side want to provide a loan for ML-1 in RMB currency but Islamabad conveyed that Pakistan prefe ....

North West Frontier , Andhra Pradesh , Coordination Committee , Walton Railway Academy At Lahore , Committee Of The National Economic Council , China Pakistan Economic Corridor , Joint Coordination Committee , Framework Agreement , Executive Committee , National Economic Council , Nawabshah Rohri Section , Multan Lahore Section , Lahore Lalamusa Section , Kaluwal Pindora Section , Walton Railway Academy , Kiamari Hyderabad Section , Hyderabad Multan Section , Lalamusa Rawalpindi Section , வடக்கு மேற்கு எல்லை , ஆந்திரா பிரதேஷ் , ஒருங்கிணைப்பு குழு , குழு ஆஃப் தி தேசிய பொருளாதார சபை , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் , கூட்டு ஒருங்கிணைப்பு குழு , நிர்வாகி குழு , தேசிய பொருளாதார சபை ,

ML-1 rail project: Pakistan, China negotiating financing agreement

ML-1 rail project: Pakistan, China negotiating financing agreement
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North West Frontier , Andhra Pradesh , Coordination Committee , Walton Railway Academy At Lahore , Committee Of The National Economic Council , China Pakistan Economic Corridor , Joint Coordination Committee , Framework Agreement , Executive Committee , National Economic Council , Nawabshah Rohri Section , Multan Lahore Section , Lahore Lalamusa Section , Kaluwal Pindora Section , Walton Railway Academy , Kiamari Hyderabad Section , Hyderabad Multan Section , Lalamusa Rawalpindi Section , வடக்கு மேற்கு எல்லை , ஆந்திரா பிரதேஷ் , ஒருங்கிணைப்பு குழு , குழு ஆஃப் தி தேசிய பொருளாதார சபை , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் , கூட்டு ஒருங்கிணைப்பு குழு , நிர்வாகி குழு , தேசிய பொருளாதார சபை ,