Pak-China business council to be formed: Khusro

Published June 22, 2019
ISLAMABAD: Planning Minister Makhdum Khusro Bakhtyar is addressing a cpec Forum on ‘regional cooperation and industrial development through B2B cooperation’ on Friday.
ISLAMABAD: Planning Minister Makhdum Khusro Bakhtyar is addressing a cpec Forum on ‘regional cooperation and industrial development through B2B cooperation’ on Friday.

ISLAMABAD: Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar on Friday said that the government was considering to establish a Pak-China business council to promote private sector role in China-Pakistan Economic Corridor (CPEC).

Addressing the CPEC Forum, organised by Zalmi Foundation in collaboration with Embassy of China, the minister said relations between the two countries span over more than seven decades and the China-Pakistan Eco­nomic Corridor was an important outcome of the bilateral relations.

He said under CPEC a huge investment was made in energy sector during the last six years which helped Pakistan coming out of energy crisis.

The minister said now the country was undertaking structural reforms and the government was committed to strengthening public sector institutions.

He said in order to boost country’s gross domestic product growth rate, the tax circle would have to be expanded.

Keeping in view the lower volume of exports, the minister said, the government was now focusing on promoting industrial and agricultural cooperation with China.

He said the agriculture sector possessed a huge potential which would be fully utilised with cooperation of China.

He pointed out that for socio-economic development, China would extend a grant of $1 billion to Pakistan.

The socio economic development includes various sectors such as education, health, water, poverty alleviation, and others, he added.

Published in Dawn, June 22nd, 2019

Opinion

Poisoning minds
23 Jan 2021

Poisoning minds

ICS cadets were raised on James Mill’s notorious work.
The fog of Broadsheet
23 Jan 2021

The fog of Broadsheet

How can the government pump credibility into an official probe when it has already declared its own political verdict?
Cheating on online exams
23 Jan 2021

Cheating on online exams

The difficulty of preventing online cheating and low ethical standards means that these days most students cheat.
Language mess
Updated 22 Jan 2021

Language mess

Our policy confuses the medium-of-instruction debate with the language-acquisition debate.

Editorial

23 Jan 2021

Power price hike

ALREADY struggling to cope with the impact of the Covid-19 pandemic and rising food prices, consumers received yet...
Updated 23 Jan 2021

Israeli land grab

WITH the chapter now closed on the Trump presidency, the eyes of many in the international community — ...
23 Jan 2021

New PhD policy

EARLIER in the week, the HEC chairman announced several changes for undergraduate and PhD degrees in the country....
Updated 22 Jan 2021

Time to heal

A multitude of foreign issues will test Biden’s mettle and require progressive thinking.
22 Jan 2021

Foreign funding

AS the pressure builds on his party in the foreign funding case, Prime Minister Imran Khan has called for an ...
22 Jan 2021

Decaying PTV

THE Cabinet Committee on State-Owned Enterprises has decided to remove Pakistan Television from the list of...