November 19, 2021
1 min read

CPEC projects hit snag in Pakistan

The joint chamber has established an online platform to provide assistance in solving the problems and issues of Chinese companies pertaining to domestic policies and regulations….reports Asian Lite News

The increasing number of joint ventures between Islamabad and Beijing under the multi-billion dollar China-Pakistan Economic Corridor (CPEC) are confronted with some practical difficulties, The Express Tribune quoted an official as saying

In an online address to the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) executive committee on Thursday, its President Wang Zihai called for the swift resolution of issues and removal of impediments.

“The government of Pakistan is fully cognisant of the issues and this has led to the creation of alternative dispute resolution courts in the country,” The Express Tribune report quoted Wang as saying.

The joint chamber has established an online platform to provide assistance in solving the problems and issues of Chinese companies pertaining to domestic policies and regulations.

He hailed the initiative of the chamber to facilitate foreign investors who entered into business partnerships with Pakistani entrepreneurs.

Speaking on the occasion, PCJCCI Senior Vice President Ehsan Chaudhry assured the participants that the interest of investors engaged in joint ventures under CPEC would be protected.

“Along with the online platform, the PCJCCI will keep on playing a proactive role in overcoming the difficulties faced in the implementation of joint ventures being established in collaboration with foreign firms.”

ALSO READ: China building border villages in Bhutan

Previous Story

Prakash Padukone to receive BWF award

Next Story

Life of drama, colour and emotion

Latest from -Top News

Pakistan’s Terror Link “No Secret”: Bilawal Bhutto

Zardari stated that Pakistan’s intelligence services have since changed course and no longer collaborate with extremist elements..reports Asian Lite News Bilawal Bhutto Zardari, former Foreign Minister of Pakistan, has openly acknowledged Pakistan’s

Islamists Rise Under Yunus Rule

After the departure of former Prime Minister Sheikh Hasina in August 2024, Islamic parties in Bangladesh, crushed for years by the Awami League government, have made inroads into the political arena…writes Baidya

TIES WITH CHINA: Is Bangladesh Going Lanka Way?

Plans for nine Special Economic Zones, including Chinese-developed sites in Chattogram and Chandpur, promise jobs but risk creating enclaves where Beijing’s economic priorities overshadow Bangladesh’s….reports Asian Lite News On a humid March

Khaleda Zia’s Son Return Looms as Yunus Faces Heat

The core question remains whether Rahman can provide leadership in politically turbulent times in Bangladesh….reports Asian Lite News Speculation is mounting in Bangladesh over the possible return of Tarique Rahman, son of
Go toTop

Don't Miss

Pakistan: Marginal drop in inflation rate

On a month-on-month basis, the CPI increased by 0.8 per

Chinese policies cost credibility

Xi Jinping has no interest in assuring the rest of