AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Ishaq Dar is to lead Pakistan’s delegation in the fifth round of Pakistan-China strategic dialogue, well-informed sources told Business Recorder.

The fifth round of strategic dialogue between the two countries is scheduled to be held on May 14-15, 2024 in Beijing. The dialogue would be co-chaired by Deputy Prime Minister/Foreign Minister and China’s Foreign Minister, the sources added.

During the Strategic Dialogue, the entire gamut of Pakistan- China bilateral, political, defence, socio-cultural, economic and CPEC (China-Pakistan Economic Corridor) cooperation would be reviewed, the sources added.

Foreign Minister Ishaq Dar appointed as Deputy Prime Minister of Pakistan

According to sources, Ishaq Dar will take officials from concerned Ministries with him, so that cases of relevant Ministries may be appropriately to their Chinese counterparts.

The sources said, issues of security of Chinese national working on different CPEC projects will also come under discussion, in addition to progress on different projects and payment issues of Chinese energy sector companies.

Chinese energy sector companies, sources said, have already taken Chinese embassy on board with respect to their concerns, which were shared at a meeting last week presided over by the Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, who is expected to accompany Ishaq Dar.

Ministry of Foreign Affairs (MoFA) has asked Power Division to develop concrete measures to address Chinese concerns, especially those related to the delayed IPP payments, Gwadar power plant and return on investment to the stakeholders in CPEC projects.

The overdue amount of CPEC power projects has reached Rs 526 billion, mainly due to delay in release of subsidies for the last quarter of current fiscal year, low collection due to winter season and another hit of Rs 100 billion arrears on account of Karot hydropower project and Thar Block-1. The source said, Ministries of Finance, Commerce, Interior, Economic Affairs, Planning, Development and Special Initiatives, Communication, Maritime Affairs, Defence and Defence Production have submitted their briefing material and proposed talking points to MoFA.

Copyright Business Recorder, 2024

Comments

Comments are closed.

test May 05, 2024 01:16pm
China is our only brother China is our only economic and strategic partner in the world China must open factories in Pakistan so that Pakistan can increase its exports & become financially independent
thumb_up Recommended (0)
test May 05, 2024 01:17pm
Pakistan must balance its trade with the world. We have trade deficit with Gulf Countries, Japan, Korea, Iran, Turkey. We must balance our trade with China so that Pakistan financially be independent.
thumb_up Recommended (0)