Pakistan economy heading towards bankruptcy: International Monitory Fund

Pakistan economy heading towards bankruptcy: International Monitory Fund

Washington/Islamabad: Pakistan who already has a tarnished image because of an unstable government, policy to aid the terrorists, increased violence and human rights violation seems to be in for another jolt. The International Monitory Fund (IMF) has expressed concerns over the Pakistani economy and given indications that the economy is heading towards bankruptcy. It has […]

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China ready for discussions with India, claims Chinese foreign ministry

China ready for discussions with India, claims Chinese foreign ministry

Beijing: The Chinese foreign ministry has made a very considerate statement “India and China should resolve the border dispute through peaceful negotiations. China is willing to discuss the objections that India has about the ‘China Pakistan Economic Corridor’”. This is a remarkable deviation from the Chinese stance of teaching India a lesson. The former Foreign […]

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China should not try to change the ‘Doklam’ situation, warns Indian Envoy

China should not try to change the ‘Doklam’ situation, warns Indian Envoy

Beijing: The Indian envoy to China Gautam Bambawale, has issued a stern warning to China, ‘Do not try to change the situation in Doklam’. He also rebuked China about the China-Pakistan economic corridor (CPEC). He warned ‘The CPEC passes through the Indian territory and this is connected with the integrity of India. China should consider […]

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Pakistan introduces use of “Yuan” in its trade transactions

Pakistan introduces use of “Yuan” in its trade transactions

Islamabad: Pakistan has initiated the use of the Chinese currency “Yuan” in its international trade transactions. This was officially announced by the Pakistani central bank “State Bank of Pakistan” and has allowed Pakistani companies and businessmen to use Yuan in their transactions. This decision of Pakistan is considered to be a retaliation to the warning […]

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Considering India’s objection, China ready to rename CPEC

Considering India’s objection, China ready to rename CPEC

New Delhi: China has hinted its willingness to rename the “China Pakistan Economic Corridor (CPEC)” project considering India’s objection. Last week, Luo Zhaohui, China’s ambassador to India, asserted that China is prepared to rename ‘CPEC’. Chinese Foreign Ministry has not denied Luo Zhaohui’s proposal. Therefore it is seen that China is ready to negotiate for […]

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With Chabahar Port, Afghanistan no longer dependent on Pakistan, says Afghanistan ‘CEO’ Abdullah Abdullah

With Chabahar Port, Afghanistan no longer dependent on Pakistan, says Afghanistan ‘CEO’ Abdullah Abdullah

Ashgabat/Washington: Indian Minister of State for External Affairs, M. J Akbar said that Pakistan had decided to become an impedance for trade between Afghanistan and India. Nonetheless, India’s trade with Afghanistan has commenced via Iran’s Chabahar port, he said while expressing his content. Akbar made this statement while speaking at the ‘Regional Economic Cooperation Conference […]

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Trade begins between India and Afghanistan through the Chabahar Port of Iran.

Trade begins between India and Afghanistan through the Chabahar Port of Iran.

New Delhi: A green signal was given  by  the External Affairs Minister Sushma Swaraj, to the ship carrying wheat to Afghanistan, through the Chabahar Port of Iran. This route which has been opened for Afghanistan is indicative of the peace and progress awaiting Afghanistan, said the External Affairs Minister Swaraj. With the opening of this […]

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