China's overland Silk Road and Maritime Silk Road Thread

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7 Pakistani Universities Listed Under
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Consortium of Business Schools'


A total of 7 Pakistani Universities made it to the consortium;

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University of Information Technology Engineering and Management Sciences (BUITEMS)
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Institute of Information Technology
Institute of Business Administration (IBA)
Institute of Business Management Sciences (IMS)
Lahore University of Management Sciences (LUMS)
National University of Sciences and Technology (NUST)
Pakistan Institute of Development Economics (PIDE) and University of the
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Prime Minister Shahid Khaqan Abbasi will inaugurate Pakistan’s fourth nuclear power plant C-4 at Chashma today, having the capacity to generate 340MW electricity. Two large sized nuclear power plants, K-2 and K-3 are under construction near Karachi and are scheduled to be operational in 2020 and 2021 respectively. They will add 2,200MW electricity to the national grid.

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Road Access: NHA approved construction of two sections of the 200 km Yakmach(N-40)-Kharan road in Balochistan at a cost of Rs 4.953 billion.

It would serve as a useful link with the Nokundi-Mashkel-Panjgur road whose inclusion in the China-Pakistan Economic Corridor (CPEC) had been approved in principle and the formal approval was expected in the coming meeting of the 7th Joint Coordination Committee (JCC) in 2017.

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East West Corridor :440 Km Multan-Qilla Saifullah Highway....

Deep foundation excavation for 8 Steel Bridges.

Project: (Rakhi Gajj – Bewata Section) of East West Road Improvement Proejct Package-1 (Sta 7 + 600 to Sta 19 + 500). 33 km hilly portion of the N-70's Rakhi Gaj-Khar-Bewata section will be widened and shorted through construction of 8 steel bridges. This will shorten the distance and travel time between Multan and
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.

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Construction of Greater
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Circular train to begin this year costing $1.6 Billion

Work on the construction of circular train, linking Peshawar with
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,
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and
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, would begin by December this year. A spokesman of the provincial government told Radio Pakistan that the project would be completed at a cost of $1.6 billion in three years.

The train would have a speed of 220 kilometers per hour. In the next phase, the train service would be extended to
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and other areas of the province.

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US keen to explore LNG export to Pakistan...

The United States is keen to cooperate with Pakistan in the energy sector, said Counsellor for Economic Affairs at the US Embassy in Islamabad William (Chip) Laitinen.

Addressing the business community during his visit to the Islamabad Chamber of Commerce and Industry (ICCI), he said that many US companies were interested to explore Pakistan for the export of LNG, adding that the country could overcome its energy shortages by developing close ties with the US.

Pakistan shelves $2b LNG project

He said that US was one of the largest export destinations for Pakistan and bilateral trade between the two countries was improving.

“USAID is working in Pakistan to contribute for improving its economy,” said Laitinen, adding that Pakistan has taken advantages of US’s GSP scheme as its exports to US were improving.

Laitinen said that US wanted continuous engagement with Pakistan for economic benefit of both countries and added that people to people contacts were important to realise these objectives. Also speaking on the occasion, ICCI President Khalid Iqbal Malik said that Pakistan and the US have a broad and multi-faceted partnership in areas ranging from education to energy to trade and investment.

“However, bilateral trade between the two countries was still not up to its real potential.”

Gwadar LNG pipeline: Finance ministry supports sovereign guarantees

Malik stressed that private sectors of both countries should be given enhanced role to improve trade relations. He said GSP scheme of US should be further extended for Pakistan and more Pakistani products should be given easy market access in US.

The ICCI president said that Pakistan was an agricultural country and US should cooperate with it in upgrading its agriculture sector on modern lines.

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guarantees peace and prosperity for the entire region: Gen. Bajwa...

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Hitting back at those who are questioning Pakistan’s credentials in the fight against terrorism, army chief General Qamar Javed Bajwa on Wednesday asked the world to do more and warned that the entire region would be destabilised if Pakistan’s counter-terrorism campaign fails.
In a speech delivered at General Headquarters in Rawalpindi to mark Defence Day, the chief of army staff (COAS) forcefully defended Pakistan’s gains against terrorism while vehemently dismissing allegations of double-crossing anyone.

“If Pakistan has not done enough against terrorism, then no country in the world has done enough,” the army chief insisted while saying that now the time had come for the world to do more.

Pakistan has been in the spotlight ever since US President Donald Trump unveiled a new strategy for Afghanistan and South Asia. Trump, while seeking a greater role for India in Afghanistan, accused Pakistan of supporting and harbouring the Afghan Taliban and the Haqqani Network.

Against this backdrop, the army chief had a clear message for the United States.

He rejected the allegations and insisted that Pakistan’s fight against terrorism was indiscriminate and targeted all militant groups. He said Pakistan had done more than any country in the fight against terrorism, yet “we are being accused of having a selective approach.”

“The sentiments of the people are quite clear on the current state of relationship with the US. We don’t need aid. We want to be treated with respect and trust. Our efforts and sacrifices need to be acknowledged,” he asserted.

But he also reiterated the state’s desire to maintain a good relationship with the US and NATO. “We will support every single US and NATO initiative that leads to peace in the region in general and Afghanistan in particular,” he said, while noting that Pakistan’s security concerns should also be addressed, referring to the growing Indian role in Afghanistan, which Pakistan believes could be counterproductive.

Pakistan has long suspected India of using Afghan soil to foment violence in the country.

Gen Bajwa said that if the world could not help and assist Pakistan in its campaign against terrorism, at least it should not cast aspersions.

“Credit goes to Pakistan that with limited resources, it has achieved phenomenal success in the war against terrorism,” the army chief maintained.

He said the war that was imposed on Pakistan would be taken to its logical conclusion.

The army chief made it clear that only the state could sanction ‘jihad’, and that right must be exercised by the state. He urged detractors to shun the path of violence, reminding them that their act was “not jihad but fasaad” (terrorism).

He said the army was working with the government and other institutions to introduce new reforms as without such initiatives, the National Action Plan (NAP) against terrorism would remain incomplete.

NAP envisaged reforms in education, religious seminaries, police and judiciary in order to eliminate terrorism, he maintained.

On Afghanistan, the army chief said Pakistan had done much more than its capacity. This, he added, did not mean that Pakistan would fight the Afghan war on its soil. He stressed that there was a clear line as to the extent Pakistan could cooperate with its neighbor.

“We have made sincere efforts for talks and peace. However, Afghanistan is a sovereign country which is independent and takes its own decisions,” he said.

He said that if Afghan factions opted for the path of war, Pakistan would not become party to it. He said Pakistan was taking steps to secure its side of the porous 2,600km border with Afghanistan. “We are fencing the entire border and establishing over 900 posts,” he said, while also recommending the repatriation of Afghan refugees in an orderly manner.

He also touched upon the importance of the China-Pakistan Economic Corridor (CPEC). “CPEC not only guarantees peace and prosperity for Pakistan, but for the entire region.”

The army chief said Pakistan was keeping an eye on the ‘enemy’ which was trying to create instability in Afghanistan. “I want to tell all the anti-state elements that Pakistan is fully aware of their ulterior motives and is ready to fight the menace of terrorism.”

“We are proud of the people of Balochistan who have rejected terrorism and separatism outright.”

He said one of the main objectives of the enemy to foment violence in Balochistan was to undermine CPEC and jeopardise Pak-China friendship.

“We are against war and terrorism. We want relationship with all countries based on mutual respect and equality.”

He said everyone could see India’s excesses in Occupied Kashmir and its role in the disintegration of Pakistan. “[India’s] plans now include openly supporting terrorists and usurping our water resources.”

He said it pained Pakistan to see the current unrest in Indian Occupied Kashmir, and that the future of millions of people living in Pakistan and India was linked to prosperity and long-term peace.

But to achieve that objective, it is necessary for there to be an immediate end to the bloodshed across the Line of Control, he stressed.

The Army chief said India must realise that the youth of Kashmir did not need outside help or assistance to carry out their ‘peaceful struggle’ for the right to self-determination.

“This is in the interest of India. Instead of abusing Kashmiris and using guns against Pakistan, it must opt for political and diplomatic solutions to the longstanding Kashmir dispute,” he argued.

He said Pakistan would continue to extend political, moral, and diplomatic support to Kashmiris for the right to self-determination in line with the UNSC resolutions.

The army chief said Pakistan was a responsible nuclear state and made it clear that it was not the country which started the nuclear arms race in South Asia, referring to India’s 1974 nuclear test.

“Our nuclear program is just a deterrent against the enemy that imposed this unconventional war on us.”

He said that today, efforts are being made to resolve all issues through better understanding and wisdom, whether it be establishing peace in FATA, the development of Balochistan, relationships with regional countries, or any international issues. “[The armed forces] provide full input to state institutions as Pakistan’s prosperity and future is linked to the strengthening of institutions.”

He said strong democratic, constitutional, and legal traditions strengthened the entire country.

Earlier, he paid a glowing tribute to war veterans and those who lost their lives fighting for the motherland in the 1965 Indo-Pak war.

The ceremony at GHQ was attended by former army chief General (retd) Raheel Sharif, the speaker of the National Assembly, the opposition leader in the National Assembly, the ministers of defense, foreign affairs, and interior, as well as members of the diplomatic community..
 

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US investors urged to invest in
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....

Islamabad Chamber of Commerce and Industry (ICCI) urged the US investors to explore possibilities of joint ventures and invest in mega project of China Pakistan Economic Corridor (CPEC) as this has created many new business prospects in Pakistan.

"Pakistan and USA have good potential to enhance cooperation in many fields and both the countries should facilitate private sectors in trade promotion efforts", President ICCI Khalid Iqbal Malik, said while talking to Counselor for Economic Affairs at the US Embassy, William "Chip" Laitinen who visited ICCI here on Wednesday.

Malik said that Pakistan and USA have a broad and multi-faceted partnership in areas ranging from education to energy to trade and investment.

However, bilateral trade between the two countries was still not up to their real potential. He stressed that private sectors of both countries should be given enhanced role to improve trade relations, he added.

He said GSP scheme of US should be further extended for Pakistan. He said more Pakistani products should be given easy market access in USA so that Pakistan could improve its exports.

He said Pakistan was an agricultural country and US should cooperate with it in upgrading its agriculture sector on modern lines.

Speaking on the occasion the US envoy said many US companies were interested to explore Pakistan for export of LNG and added that Pakistan could overcome its energy problem by developing close collaboration with USA.

He said USA was one of the largest export destinations for Pakistan and bilateral trade between the two countries was improving.

He said USAID was working in Pakistan to contribute for improving its economy and added that Pakistan has taken most advantages of US's GSP scheme as its exports to USA were improving.

He said US wanted continuous engagement with Pakistan for economic benefit of both countries and added that people to people contacts were important to realize these objectives.

Vice President ICCI Tahir Ayub urged that US should transfer its agriculture machinery, technology and expertise to Pakistan for improving agricultural productivity.

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