• Sunday, September 24, 2017

UK eyeing projects in China-Pakistan Economic Corridor

Discussion in 'CPEC' started by tw00tw00, Apr 6, 2017.

  1. tw00tw00

    tw00tw00 FULL MEMBER

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    http://www.hindustantimes.com/world...ic-corridor/story-D9IXvAyh0DkJDasHnzzNxL.html

    UK eyeing projects in China-Pakistan Economic Corridor
    The United Kingdom is eyeing projects in the $51 billion China-Pakistan Economic Corridor (CPEC), officials said on Wednesday.

    International trade minister Greg Hands hosted a trade roundtable here on Tuesday, attended by the UK’s ambassador to Pakistan and Pakistan’s ambassador to the UK as well as representatives of British firms, policy experts, Chinese officials and banks.

    “The UK is poised to be a key partner of CPEC,” an official source said on Wednesday. The UK will host what the sources described as “a larger CPEC conference” in Islamabad in May.

    Hands said: “Britain is a country of free-trade influence and can be an important partner for China and Pakistan in the delivery of huge infrastructure projects that are being planned between the two countries.

    “As part of an outward looking Global Britain, we have a clear ambition to increase trade with both China and Pakistan and UK businesses are well placed to capitalise on the new opportunities the region.”

    A 2015 joint statement by the British and Chinese governments had committed both to support each other’s commercial cooperation in new markets, including China’s Belt and Road Initiative (BRI) — the CPEC is a key component of the ambitious project.

    India has not signed up for BRI because the CPEC passes through Azad Kashmir — diplomats say India’s endorsing the BRI would mean giving up its claims on Azad Kashmir.
     
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  2. cocomo

    cocomo FULL MEMBER

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    Britain eyeing to become key partner of CPEC

    ISLAMABAD:

    The United Kingdom has expressed its desire to become a key partner in the multibillion-dollar China-Pakistan Economic Corridor (CPEC).


    Britain is a country of global influence and can be an important partner for China and Pakistan in the delivery of the China-Pakistan Economic Corridor which has the potential to build closer links between our countries,” said UK Minister of State for International Trade Greg Hands during a business roundtable on the UK participation in the CPEC on Wednesday.

    We have a clear ambition to increase trade with both China and Pakistan and UK businesses are well placed to capitalise on the new opportunities in the region,” he added.

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    Speaking on the occasion, organised by the Department of International Trade at Foreign and Commonwealth Office (FCO) London, Pakistan High Commissioner Syed Ibne Abbas said excellent ties between Pakistan and China are time tested and exemplary in state relations.

    “On CPEC $54 billion investment in four areas namely infrastructure, energy, Special Economic Zones and Gwadar port would give necessary impetus to Pakistan’s economy, thus creating enormous opportunities for the global corporate enterprises,” he added.

    Abbas also highlighted the successes which Pakistan has achieved in the economic front in the recent past which include 5.2% economic growth rate, achievement of “emerging market” status by international credit rating agencies, declaration of Pakistan Stock Exchange as one amongst the five best performing stock exchanges of the world.

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    He invited British investors and businesses to explore Pakistan for the business opportunities on account of its strategic location, resilient economy and growing consumer market.

    Chinese Ambassador to UK Liu Xiaoming said relations between Pakistan and China are mutually beneficial.

    He went on to say that Pakistan’s geographic position, demographic dividend and economic potential would continue to give the CPEC a great advantage.

    The China’s One Belt One Road initiative is open to all and so far more than 100 countries and International organisations have expressed support for this initiative, he added.

    The session came ahead of a larger CPEC conference in May which will be hosted by the UK government and Royal United Services Institute (RUSI) to show how the Britain’s world-leading expertise in areas such as financial and professional services, and energy and infrastructure can support China and Pakistan’s economic vision.

    Other participants in the roundtable include experts from City UK, RUSI and the China Britain Business Council. HSBC, Deloitte and Standard Chartered also discussed how they and other British firms could support the delivery of CPEC.

    source: https://tribune.com.pk/story/1375504/britain-eyeing-become-key-partner-cpec/
     
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  3. The SC

    The SC ELITE MEMBER

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    Britain will compensate for the losses in the EU market with CPEC and a GCC free trade agreement..among others..
     
    Last edited: Apr 6, 2017
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  4. Arsalan mehmud

    Arsalan mehmud FULL MEMBER

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    Not only britain many other countries want to join CPEC including France... So Foreign direct investment will increase 10 fold... This is good for Pakistan peace and prosperity... :pakistan:
     
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  5. HAKIKAT

    HAKIKAT SENIOR MEMBER

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    Pak is taking one after another strategic moves which are outflanking her arch enemy unlike anything: CPEC, 40-nation coalition, taking the fight inside Afganistan etc...
     
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  6. The SC

    The SC ELITE MEMBER

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    With Brixit, England is a special case; it has just signed a big deal with Turkey to help develop a 5th generation fighter, Theresa May is visiting KSA, it wants to join CPEC..all this has a lot to do with its exit from the EU..
     
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  7. shahbaz baig

    shahbaz baig FULL MEMBER

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    in this world where major countries are investing/wasting money in weapons, we really appreciate the move by U.K.. why not we build a silk road to gain more influence in the region. but our influence would be toward peace and prosperity not only for us but for others too.. and you should keep it mind that we will not tolerate the slavery we are sovereign country and looking for strong hands we are peaceful if you are nice with us. but we are like a nightmare if you ever try to let us down. we have this history. you have experienced our nightmare why not test our peaceful nature too by giving peace, love, prosperity and humanity.
     
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  8. cirr

    cirr ELITE MEMBER

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    Good news!

    Now let's get the ball rolling faster to making the vision a reality.
     
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  9. Hammad Arshad Qureshi

    Hammad Arshad Qureshi FULL MEMBER

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    ISLAMABAD: The United Kingdom has expressed its desire to become a key partner in the multibillion-dollar China-Pakistan Economic Corridor (CPEC).

    “Britain is a country of global influence and can be an important partner for China and Pakistan in the delivery of the China-Pakistan Economic Corridor which has the potential to build closer links between our countries,” said UK Minister of State for International Trade Greg Hands during a business roundtable on the UK participation in the CPEC on Wednesday.

    “We have a clear ambition to increase trade with both China and Pakistan and UK businesses are well placed to capitalise on the new opportunities in the region,” he added

    Speaking on the occasion, organised by the Department of International Trade at Foreign and Commonwealth Office (FCO) London, Pakistan High Commissioner Syed Ibne Abbas said excellent ties between Pakistan and China are time tested and exemplary in state relations.

    “On CPEC $54 billion investment in four areas namely infrastructure, energy, Special Economic Zones and Gwadar port would give necessary impetus to Pakistan’s economy, thus creating enormous opportunities for the global corporate enterprises,” he added.

    Abbas also highlighted the successes which Pakistan has achieved in the economic front in the recent past which include 5.2% economic growth rate, achievement of “emerging market” status by international credit rating agencies, declaration of Pakistan Stock Exchange as one amongst the five best performing stock exchanges of the world.

    He invited British investors and businesses to explore Pakistan for the business opportunities on account of its strategic location, resilient economy and growing consumer market.

    Chinese Ambassador to UK Liu Xiaoming said relations between Pakistan and China are mutually beneficial.

    He went on to say that Pakistan’s geographic position, demographic dividend and economic potential would continue to give the CPEC a great advantage.

    The China’s One Belt One Road initiative is open to all and so far more than 100 countries and International organisations have expressed support for this initiative, he added.

    The session came ahead of a larger CPEC conference in May which will be hosted by the UK government and Royal United Services Institute (RUSI) to show how the Britain’s world-leading expertise in areas such as financial and professional services, and energy and infrastructure can support China and Pakistan’s economic vision.

    Other participants in the roundtable include experts from City UK, RUSI and the China Britain Business Council. HSBC, Deloitte and Standard Chartered also discussed how they and other British firms could support the delivery of CPEC.
    https://tribune.com.pk/story/1375504/britain-eyeing-become-key-partner-cpec/
     
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  10. Hammad Arshad Qureshi

    Hammad Arshad Qureshi FULL MEMBER

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  11. django

    django SENIOR MEMBER

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    Sir you forgot to mention global innovation den Bhutan.:lol:
     
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  12. INDIAISM

    INDIAISM FULL MEMBER

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    Haha nice propoganda i would have believed it if it would have been reported by BBC,The Guardian,Telegraph or The Independent....
     
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  13. nwmalik

    nwmalik FULL MEMBER

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  14. Hammad Arshad Qureshi

    Hammad Arshad Qureshi FULL MEMBER

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    Rofl :D
     
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  15. Sully3

    Sully3 BANNED

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    the worlds laughing at you indians. isolation remember