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President Dr. Arif Alvi has enacted an ordinance for the establishment of the & # 39; Authority of the China-Pakistan Economic Corridor (CPECA) & # 39 ;, Pakistan Radio<\/em> reported Tuesday. <\/p>\n According to the report, its objective is "to accelerate the pace of activities related to CPEC, to find new growth impulses, to unlock the potential of the interconnected production network and global value chains through regional and global connectivity."<\/p>\n In August, Prime Minister Imran Khan announced that the government was forming CPECA to ensure the timely completion of the corridor's projects. He said CPECA would help ensure coordination between the departments concerned. <\/p>\n "The completion of CPEC will not only benefit Pakistan and China, but also the entire region," the prime minister said, adding that the timely completion of CPEC projects was the top priority of the government and CPEC is a clear example of joint efforts and partnership between Pakistan and China.<\/p>\n The promulgation of the president of the ordinance to establish the CPECA coincides with the visit of Prime Minister Imran to Beijing, which will include talks on the progress of the CPEC.<\/p>\n Some officials and observers have said that the momentum in CPEC projects is slowing down, in part due to concerns about the size of Pakistan's debt and the troubled economy, which led Islamabad to resort to the International Monetary Fund to A rescue package in July.<\/p>\n However, the Minister of Planning, Development and Reform, Khusro Bakhtiar, at a press conference on Sunday denied that there had been a slowdown in CPEC projects. <\/p>\n Read: New projects offered to China as part of the CPEC: Minister<\/em> <\/p>\n "(A narrative that they have become slow is being built; I reject it, it is totally wrong," he said.<\/p>\n The minister said: "There will be a significant commitment in all aspects of relations between Pakistan and China during the visit," and expressed the hope that it will take CPEC cooperation to new heights so that the benefits of Pakistan's economic progress can reach to people as soon as possible. <\/p>\n He explained that Prime Minister Imran during his meetings with the President and the Prime Minister of China would take a series of projects, while technical discussions would continue later this month at the joint working group level and then during the Coordination Committee meeting. Joint (JCC) in November.<\/p>\n<\/p><\/div>\n<\/pre>\n<\/pre>\n Source: https:\/\/www.dawn.com\/news\/1509705\/president-alvi-promulgates-ordinance-for-establishment-of-cpec-authority<\/p>","protected":false},"excerpt":{"rendered":" President Dr. Arif Alvi has enacted an ordinance for the establishment of the & # 39; Authority of the China-Pakistan Economic Corridor (CPECA) & # 39 ;, Pakistan Radio reported Tuesday. According to the report, its objective is "to accelerate the pace of activities related to CPEC, to find new growth impulses, to unlock the […]<\/p>\n","protected":false},"author":1,"featured_media":7236,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11828],"tags":[],"class_list":["post-7235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"_links":{"self":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts\/7235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/comments?post=7235"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts\/7235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/media?parent=7235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/categories?post=7235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/tags?post=7235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}