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'CPEC not a debt trap'

‘CPEC not a debt trap’
Islamabad
March 12, 2021
Islamabad: China-Pakistan Economic Corridor (CPEC) is not a debt trap as all projects in the energy sector are investments and loans constitute only a small proportion of the overall CPEC portfolio, said Dr Ishrat Hussain, adviser to the Prime Minister on Institutional Reforms and Austerity.
Dr Ishrat was speaking at a seminar on ‘Upscaling the economic activities of CPEC: opportunities and challenges,’organised by Institute of Regional Studies here.
Dr Ishrat said that the Chinese loans were on concessional rates of 2.34 per cent. He observed that completed CPEC energy projects had already added 5,320 MW to the power generation capacity in Pakistan with an investment of $7.9 billion. He added that a capacity of 4,440 MW would be added through an investment of another $9.55 billion. He said that the total tally of all projects under CPEC was around $52 billion. He added that plans for upgrading the trans ....

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CPEC a transformational and a fiscally responsible project: DG China--China Economic Net

ISLAMABAD, Mar.10 (Gwadar Pro) - “CPEC is a transformational and a fiscally responsible project. Pakistan and China are firmly committed to the timely completion of CPEC projects and making it a High-Quality Demonstration Project of BRI”, this was underscored by Director General China Division, Muhammad Mudassir Tipu in a panel discussion titled “Upscaling the Economic Activities of CPEC: Opportunities and Challenges”, held at Institute of Regional Studies, Islamabad.

Chairing the panel discussion, Dr. Ishrat Hussian, former Governor State Bank and Advisor to the Prime Minister on Institutional Reforms and Austerity maintained that CPEC is misunderstood and misconstrued as a mere road project, when essentially it is a corridor. He said that investments in energy and infrastructure sectors have come through FDI, while the Chinese government has committed to providing grants of worth USD 1 billion for the socio-economic projects. He also underlined that t ....

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Pakistan & China are Iron-Brothers and Staunchest Partners: DG (China)--China Economic Net

“Pakistan and China are iron-brothers and staunchest partners. Their relationship is an anchor for peace and stability in the region. There is a greater need for for the students to understand and learn China’s culture, history and its place and role in shaping the 21st century”, underlined by Muhammad Mudassir Tipu, Director General (China), Ministry of Foreign Affairs.

The DG delivered these remarks while speaking as CHief Guest, at the opening ceremony of the Aitchison College’s Model United Nations (ACMUN) Debate today. He highlighted that the successive leadership of both Pakistan and China maintained their consistent focus on deepening, broadening and solidifying this relationship. “Owing to such unwavering commitment and resolute attention, Pak-China relationship has matured into an all-weather strategic cooperative partnership.” ....

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CGSS Organizes Online Conference on 'Changing Dimensions of International & Regional Discourse'

CGSS Organizes Online Conference on ‘Changing Dimensions of International & Regional Discourse’
February 8, 2021
ISLAMABAD, Pakistan: The Center for Global & Strategic Studies (CGSS) organized an Online Conference on “Changing Dimensions of International & Regional Discourse, A Critical Analysis and Policy Options for Pakistan” on Monday.
In her opening remarks, the Project Executive CGSS Ms. Palwasha Nawaz highlighted the importance of the conference and explained that it is of utmost importance to understand the transforming dynamics of international as a strategic discourse in the post-COVID-19 era.
Moreover, she said that the conference aims to analyze the policy perspectives of the incumbent US administration.
The Director General (China) at the Ministry of Foreign Affairs in Islamabad Mr. Muhammad Mudassir Tipu comprehensively discussed the role of China in addressing the key regional issues. He explained the role of China in regional connectivit ....

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Information platform to enhance China-Pakistan agricultural, industrial cooperation--China Economic Net

Last Updated:
2021-01-27 15:52
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CE.cn ....

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