Pakistan and Belarus have agreed to Promote Bilateral Economic and Parliamentary Contacts
Belarusian delegation of House of Representatives led by its Chairman Vladimir Andreinchenko held meeting with Speaker National Assembly Ayaz Sadiq in Islamabad
Speaker said Pakistan wants to expand its ties with Belarus to promote economic and parliamentary contacts between the two countries. Chairman Vladimir Andreinchenko said Belarus wants to promote parliamentary relations with Pakistan. Speaker Ayaz Sadiq and Chairman Vladimir Andreinchenko also signed a MoU to promote relations between parliaments of the two countries.
CPEC to bring industrial revolution in country: Ahsan Iqbal
In an interview with Radio Pakistan, Federal Minister for Planning, Development and Reform Ahsan Iqbal says that the China-Pakistan Economic Corridor (CPEC) will bring an industrial revolution in Pakistan and turn the country into a trade hub. Projects in energy, infrastructure and port development would provide a base to industrialization in the country. The connectivity being provided through road infrastructure and development projects across the province has ensured mainstreaming of Balochistan, leading to eradicating a sense of deprivation of the people for the first time in the history. Gwadar would be enlisted as a centre of modern education soon with the completion of an international standard university in this port city.
Rana Tanveer Calls For Enhanced Research in Science & Technology
Minister for Science and Technology Rana Tanveer Hussain has emphasized the need for enhanced research in the realm of science and technology. He was addressing a workshop titled "Application of Robotics Technology for Industrial Development in Pakistan" in Islamabad. China Pakistan Economic Corridor has opened up new vistas of opportunities in science and technology from which the entire region can benefit.
Upgraded infrastructure to boost investment, says ADB report
The upgrade of Pakistan’s infrastructure is expected to attract direct investment from abroad, including mature industries in China which seek lower-cost locations, the Asian Development Bank says in a new report. The China-Pakistan Economic Corridor will significantly address Pakistan’s infrastructure deficit caused by annual spending on infrastructure at only 2-3 per cent of GDP over the past four decades. The CPEC is planned to be completed by 2030. Higher economic growth in fiscal year 2018-19 reflects accelerated infrastructure investment through CPEC, which is steadily lifting consumer and investor confidence and, thereby, further catalysing economic activity.
Host: Sajid Farooq