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Industrial transfer driving Pakistan’s modernization: Prof Cheng

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(APP): After Prime Minister Imran Khan visited China, pleasant surprises about the pragmatic cooperation between China and Pakistan have been popping up with happy regularity.

These views were expressed by Cheng Xizhong, visiting professor at southwest university of political science and law and former defense attache in South Asian countries in a statement here on Sunday.

With the acceleration of the construction of Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC), there is a strong wave of international investment led by Chinese enterprises in Pakistan, he added.

Prof Cheng said, in particular, the large-scale transfer of China’s modern industries to Pakistan will drive the development of Pakistan’s industrial modernization and help boost Pakistan’s export of advanced industrial products, bringing a large amount of foreign exchange income to Pakistan and enhancing the country’s financial strength.

According to the CPEC Authority of the Pakistani government, the main sectors in which Chinese companies are going to establish their industries in Pakistani SEZs include textile, footwear, pharmaceutical, and information technology (IT) sectors.

Besides, a Chinese company is going to establish a metal and paper recycling project in Gwadar for the purpose of export. Similarly, another Chinese company will establish a Special Economic Zone in Lahore where industries related to the cotton and dairy sectors will be established, he said.

In fact, some farsighted Chinese enterprises have already tested water in Pakistan and achieved success after seeing the continuous improvement of Pakistan’s investment environment. For example, a Chinese textile enterprise established industry in Lahore and quickly put it into operation, and has exported its products worth $ 60 million.

This Chinese textile industry in Lahore employs as many as 2,000 local Pakistanis in one shift. From here we see that once a large number of Chinese enterprises are landed in Pakistan’s SEZs, millions of jobs will be created for the locals. He said, at the same time, local workers working in Chinese enterprises will receive extensive technical training, upgrading human resources development in Pakistan.

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DPM in Beijing on official visit to China

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Deputy Prime Minister Ishaq Dar arrived in Beijing today on a one-day official visit to China.

Upon arrival at the airport, he was received by Ambassador Yue Xiaoyong and Pakistan’s envoy to China Khalil Hashmi.

Later, Chinese Foreign Minister Wang Yi received Ishaq Dar at the Diaoytai State Guest House for their bilateral meeting.

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Pakistan, KSA, Turkiye & Egypt discuss ways to end war in region

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Pakistan, Saudi Arabia, Turkiye and Egypt have discussed the possible ways to bring an early and permanent end to the war in the region.

This was stated by Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in his televised statement after the conclusion of the quadrilateral meeting of the Foreign Ministers of Pakistan, Saudi Arabia, Turkiye and Egypt, held in Islamabad today.

The Deputy Prime Minister said the Foreign Ministers expressed concern that the ongoing conflict is extremely unfortunate for its devastating impact on lives and livelihoods across the wider region.

He said they agreed that this war is not in favour of anyone and would only lead to death and destruction. The unity of Muslim Ummah in these challenging times is of utmost importance.

Ishaq Dar said the Foreign Ministers reaffirmed unity to contain the situation, reduce the risk of military escalation and create conditions for structured negotiations between relevant parties. He said the Foreign Ministers held a very detailed and in-depth discussion on the current regional situation.

The Deputy Prime Minister briefed the visiting Foreign Ministers on the prospects of potential US-Iran talks in Islamabad. The visiting Foreign Ministers expressed their full support to the initiative.

He said the Foreign Ministers advocated dialogue and diplomacy as the only viable pathway to prevent conflicts and to promote regional peace and harmony.

Ishaq Dar said the Foreign Ministers called for upholding principles of the UN Charter, including respect for sovereignty and territorial integrity of all states.

The Deputy Prime Minister said the Foreign Ministers also discussed ways and means to further strengthen mutual cooperation among the four brotherly countries. In this regard, we decided to constitute a Committee of four senior officials from the respective Ministries of Foreign Affairs to work out the modalities through mutual understanding and consensus.

The Deputy Prime Minister and Foreign Minister expressed his profound gratitude to the Foreign Ministers of Saudi Arabia, Turkiye and Egypt, for their support to Pakistan’s efforts for peace in the region.

He said, under the leadership of the Prime Minister Shehbaz Sharif, Pakistan has maintained regular engagement with its regional and international partners. Pakistan has remained actively involved in all efforts and initiatives aimed at bringing this conflict to an end.

The Deputy Prime Minister said Pakistan also has a very important relationship with the United States. He said Pakistan remained actively engaged with the US leadership as well, as part of our efforts to de-escalate the situation and finding a peaceful resolution of the conflict. In this context, the Deputy Prime Minister said Pakistan is very happy that both Iran and the US have expressed their confidence in Pakistan to facilitate the talks.

The Deputy Prime Minister said Pakistan will be honoured to host and facilitate meaningful talks between the two sides in coming days, for a comprehensive and lasting settlement of the ongoing conflict.

Ishaq Dar said he had a detailed telephonic conversation with Chinese Foreign Minister Wang Yi and China fully supports Pakistan’s initiative to host Iran-US talks.

He also mentioned his telephonic conversation with the Secretary General of the United Nations Antonio Guterres saying that the UN Secretary General has expressed his full support for the peace initiative by Pakistan.

Ishaq Dar said his counterparts from different countries around the world have all extended their full support and confidence in our efforts. He said Pakistan will continue its efforts with sincerity and commitment.

Ishaq Dar said Pakistan will require prayers and support of the entire international community for the success of its endeavours to achieve peace and bring a permanent end to this war.

Source:- Radio Pakistan

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Speaker of Russian Federal Assembly to arrive in Islamabad today

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Speaker of the Federation Council of the Federal Assembly of the Russian Federation Valentina Matvienko will arrive in Islamabad for three day official visit today.

This visit is expected to mark a pivotal moment in the growing diplomatic and parliamentary ties between the two nations.

During her stay, Valentina Matvienko is scheduled to meet with President Asif Ali Zardari and Prime Minister Shehbaz Sharif besides addressing a special session of the Senate tomorrow.

This visit, featuring significant discussions and strategic engagements, underscores the commitment of both nations to fostering stronger relations.

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