ISLAMABAD: A senior Pakistani official said on Tuesday he had asked the Chinese authorities to “remove barriers” to ensure the completion of seven energy and infrastructure projects worth $12 billion, reported the local media.
Special Assistant to Prime Minister on the China-Pakistan Economic Corridor (CPEC) Khalid Mansoor told journalists a Chinese state insurer, Sinosure, was required to underwrite foreign investments but was not doing that in case of certain projects jointly carried out by the two countries.
“’I have written two separate letters to the vice chairman of National Development and Reforms Commission (NDRC) of China, urging him to remove barriers’ hindering the completion of these projects,” The Express Tribune quoted him as saying.
The projects that are waiting to be bankrolled include six energy and one infrastructure development scheme.
“We have requested China that the agreed projects should be taken to the development stage,” he told reporters.
Mansoor said in September that Chinese companies were not satisfied with the performance of Pakistan’s state institutions and their pace of work on the corridor project.
He said on Tuesday that Chinese companies working in the power sector had an overdue amount of Rs250 billion, reported Dawn.
Mansoor added the government was planning to extend the “commercial operations dates for these projects in a holistic manner because Covid-19 had created force majeure type of situation,” the newspaper said.
Pakistan urges China to ‘remove barriers’ for timely completion of energy, infrastructure projects
https://arab.news/6m3cr
Pakistan urges China to ‘remove barriers’ for timely completion of energy, infrastructure projects
- The two countries are working on a number of development schemes under the framework of the China-Pakistan Economic Corridor
- China’s state insurer, Sinosure, underwrites foreign investments but is not doing that in case of some projects carried out by Chinese companies in Pakistan
Pakistan alarmed as Russia-Ukraine conflict intensifies, calls for immediate ceasefire
- Pakistan envoy urges both sides to resolve ongoing conflict through peaceful means during Security Council briefing
- Russia last Friday fired hypersonic ballistic missile capable of carrying nuclear warhead at Ukraine, drawing criticism
ISLAMABAD: Pakistan’s UN Ambassador Iftikhar Ahmad this week expressed alarm as the Russia-Ukraine conflict intensifies, calling for an immediate ceasefire and demanding both countries resolve their issues peacefully through dialogue.
The development takes place days after Russia last week fired an intermediate-range hypersonic ballistic missile at Ukraine called Oreshnik. The move drew sharp criticism as the missile is capable of carrying nuclear and conventional warheads. Russia said it fired the Oreshnik in response to what Moscow says was an attempted Ukrainian drone attack on Dec. 29 against one of Putin’s residences in northern Russia. Ukraine denies Moscow’s claims.
February 2026 will mark four years since Russia launched its full-scale invasion of Ukraine, triggering the worst armed conflict in Europe since World War II. The war has killed hundreds of thousands of people and forced millions to flee their homes.
“We are alarmed by the recent intensification in fighting with escalation in attacks from both sides, further worsening the already dire humanitarian situation,” Ahmad said on Monday during a UN Security Council briefing on the Ukraine conflict.
“Such actions not only perpetuate the conflict, but they also undermine trust, and the ongoing efforts for peace.”
The Pakistani envoy urged both sides to abide by the principles of international law and ensure civilians and civilian infrastructure are protected during the conflict. He said Pakistan’s position on resolving the issue through dialogue has not changed.
“Now, more than ever before, the overwhelming global opinion is on the side of ending this conflict through peaceful means,” Ahmad said. “This can only be achieved through a sustained, meaningful and structured dialogue.”
US President Donald Trump has been pushing both sides to strike a deal to halt the conflict, running shuttle diplomacy between Ukraine’s Volodymyr Zelensky and Russia’s Vladimir Putin in a bid to get an agreement across the line. Plans to broker peace collapsed after an initial 28-point plan, which largely adhered to Moscow’s demands, was criticized by Kyiv and Europe.
Ahmad appreciated the US for attempting to resolve the conflict through peaceful means.
“We hope that all sides would make full use of the ongoing diplomacy, demonstrate genuine political will, and engage constructively to make meaningful strides toward a peaceful and negotiated settlement of the conflict, starting with an immediate ceasefire,” he said.
