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Deputy Prime Minister Ishaq Dar travels to China to discuss trade and economic relations.

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Director General and Ambassador Wang Fu Kang, as well as Pakistan’s ambassador to China, Khalil Hashmi, welcomed the deputy prime minister, upon his arrival.

In the strategic dialogue, the parties will examine bilateral relations in detail, covering the geopolitical environment, future connectivity projects, high-level visits and exchanges, economic and trade cooperation, and the upgrading of the China-Pakistan Economic Corridor.

Chinese leaders, senior ministers, and prominent business executives are anticipated to meet with Deputy Prime Minister and Foreign Minister Ishaq Dar outside of the strategic conversation.

Regular high-level contacts between China and Pakistan include the visit of the deputy prime minister. In conclusion, the FO statement said, “It reflects the importance attached by the two countries to further deepening the “All-Weather Strategic Cooperative Partnership,” reaffirming mutual support on issues of core interest, enhancing economic and trade cooperation including CPEC, and reinforcing joint commitment to regional peace and development.”

Dar’s arrival is anticipated by China.
The first formal visit to China by Foreign Minister and Deputy Prime Minister Ishaq Dar, scheduled for May 13–16, is considered a significant component of the institutional interactions between the two foreign ministries, according to the Chinese Foreign Ministry.

At his routine news conference, spokesperson Lin Jian stated, “China is willing to work with the Pakistani side to take this visit as an opportunity to further implement the important consensus of the leaders of the two countries.” The Foreign Minister-Level China-Pakistan Strategic Dialogue was to convene for its sixth round, he mentioned.

China and Pakistan decide to move CPEC projects more quickly.
Not to mention, China and Pakistan have decided to expedite the implementation of several sectors’ worth of CPEC projects.

At their meeting on Friday in Beijing, Vice Chairman Zhao Chenxin of the National Development and Reform Commission of China and Minister Ahsan Iqbal for Planning and Development came to an understanding.

An Action Plan for the modernization of the mining, industry, and mineral sectors was developed by both parties, and the Industrial Cooperation Framework Agreement was to be implemented.

Additionally, they decided that in the second phase of CPEC, collaboration in artificial intelligence and agricultural modernization will be given priority.

In order to maximize the potential of Gwadar’s port and industrial zone, they committed to building the Eastbay Expressway to improve the city’s connectivity.

Through the signing of four Memorandums of Understanding (MoUs) for the start of technical studies on the D.I. Khan-Zhob Road, the Babusar Tunnel, the Mirpur-Muzaffarabad-Manshehra Motorway, and the Karachi-Hyderabad Motorway, the two sides also discussed strengthen road and highway infrastructure cooperation.

They also decided that the Joint Coordination Committee of CPEC would meet again prior to the prime minister’s next trip to China.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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