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Last update: Thu, 19 Jan 2017 05am

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Multi-phased CPEC to enhance exports, bring foreign exchange to Pakistan LAHORE: China Pakistan Economic Corridor (CPEC) - a multi-phased project about binding people through the bond of shared development and prosperity is set to take Pakistan to new horizons on economic front. CPEC which is not just a corridor of connectivity to bring the places closer but a project of immence potential bound to change the destiny of the whole region.One of the most important phase of China Pakistan Economic Corridor (CPEC) is its industrial phase which will start soon and under it 36 Economic Zones will be set up in various areas of the country. CPEC is geared to usher in new job opportunities,enhanced exports,more foreign exchange,burgeoning trade activities, and a number of other financial aspects of the country set to materialise during the upcoming industrial phase.According to estimates under recently enhanced version of CPEC,as many as 2.3 million jobs for skilled and professional staff will be created through ...

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France says 'serious consequences' if US embassy moves to Jerusalem PARIS: French Foreign Minister Jean-Marc Ayrault said Sunday that if US President-elect Donald Trump moves the American embassy in Israel from Tel Aviv to Jerusalem it would have "extremely serious consequences".Speaking as 70 countries gather in Paris to try to revive Israeli-Palestinian peace efforts, Ayrault told French TV he believed Trump would find it "impossible" to carry out his threat to transfer the embassy. Copyright AFP (Agence France-Press), 2017

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Roadside bomb kills seven Afghan civilians: officials JALALABAD: At least seven civilians, including a women and three children, were killed when their truck hit a roadside bomb in eastern Afghanistan on Sunday, officials said.The villagers were travelling from Pacheer Agam district to a nearby village in Nangarhar province, Hijratullah Rahmani district governor of Pacheer Agam told AFP."Unfortunately, in the blast, seven civilians, including a woman and three children were killed and one wounded," he said.No one claimed responsibility, but the interior ministry ...

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Pakistan beat Australia in 2nd ODI MELBOURNE: Pakistan beat Australia by six wickets in the second one-day international at the Melbourne Cricket Ground on Sunday, their first ODI win on Australian soil for 12 years.After Australian captain Steve Smith won the toss and chose to bat, Pakistan fast bowler Mohammad Amir took 3-47 to help restrict the home side to 220 all out.Pakistan captain Mohammad Hafeez scored 72 and Shoaib Malik 42 not out as the visitors passed the Australian total ...

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US headlines Mideast peace conference ahead of Trump inauguration PARIS: The US will join the international community in Paris Sunday in a new push for peace in the Middle East, just five days before Donald Trump, who has vowed unstinting support for Israel, takes office.Foreign ministers and representatives from around 70 countries will seek to revive the moribund Israeli-Palestinian peace process, which could be dealt a further blow if Trump implements a campaign pledge to recognise Jerusalem as Israel's capital.Neither Israel nor the Palestinians ...