China showcases willingness to invest In Pakistan’s mines


Related stories

World water day

Global (Commonwealth Union) - World Water Day is an...

  Study shows new method of clearing toxins associated to Alzheimer’s disease

Science & Technology, Singapore (Commonwealth Union) - Alzheimer's disease...

Increased caffeine may lower weight and type 2 diabetes risk

Science & Technology, UK (Commonwealth Union) - Caffeine is...

Newfangled semiconductors for 5G and 6G in India

(Commonwealth) _ Polymatech Electronics, a leading semiconductor chip manufacturer,...

Preterm babies not accustomed to repetition in pain

Science & Technology, UK (Commonwealth Union) - Preterm babies,...

Islamabad (Commonwealth Union)_Ahsan Iqbal, Federal Minister for Planning, Development and Special Initiatives reported that the Chinese authorities have expressed their interest in investing in Pakistan’s mining sector.

“The Chinese are ready to set up a working group on the mining sector, therefore we must give them some tangible proposals,” said the minister at the 11th Joint Cooperation Committee (JCC). He stressed for there to be a solid, concrete plan that would attract the Chinese investors rather than a usual business approach sealed with a verbal promise.

In an effort to put his plans into action, Minister Iqbal directed the Power Division to fast-track the approvals for the Gilgit Baltistan energy policy, so enforcements under this banner could be pushed forward. He also added the production of solar panels for exporting and for domestic use to be a key discussion in the agenda of the meeting.

Pakistan and China have decided to set up six sub-working groups on communication technology infrastructure, application innovation, policy and regulation, HR development, cyber security, and radio spectrum regulation. This is especially because some projects which were previously dormant have now been revived by Prime Minister Shehbaz Sharif. The respective ministries shared their deliverable proposals of projects after conducting their Joint Working Groups (JWGs) which would now be taken up in JCC with the Chinese authorities.

The Pakistan-China Business Forum was officially established during the JCC with a promise to long-term commitment in sectors like energy, transport, information technology, socio-economic development, industrial cooperation, science and technology, transport infrastructure and international cooperation. There are high expectations with regard to deliverables from both parties, and the prospect of immense economic growth provided that this partnership is fruitful in the long run. Raw materials derived from this mining project will be used for improved infrastructure and overall development.


Stay up to date with the latest news from the Commonwealth Union

Latest stories

Electronic Genset launched by Su-vastika in India

(Commonwealth) _ Su-vastika, a leading manufacturer of power solutions,...

Killing cancer cells with bacteria

Science & Technology, Australia (Commonwealth Union) – A new...

Citizen scientist’s role for native plants

Science & Technology, Australia (Commonwealth Union) – A new...

After months of trepidation, Sri Lanka gets the much-awaited IMF Bailout

Colombo Sri Lanka (Commonwealth Union)_The much-awaited and anticipated bailout...

Official Sri Lanka Launch of the Commonwealth Union Media Portal .

The official Sri Lankan launch of the Commonwealth Union...


Please enter your comment!
Please enter your name here