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Iqbal reiterates quality over quantity at JCC meet
Iqbal reiterates quality over quantity at JCC meet

Express Tribune

time2 days ago

  • Business
  • Express Tribune

Iqbal reiterates quality over quantity at JCC meet

Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired a high-level meeting to review preparations for the forthcoming session of the Joint Cooperation Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) ahead of Prime Minister Shehbaz Sharif's scheduled visit to Beijing. Iqbal noted that the PM's upcoming visit will mark the formal launch of CPEC Phase-II, with both sides expected to set clear priorities and agree on tangible, measurable outcomes. Speaking about the future of CPEC, Iqbal highlight the importance of quality over quantity, noting that only carefully selected, high-impact projects will be advanced to ensure sustainability. He underscored the need to expand Pakistan's trade and export footprint in China. He directed the relevant authorities to address unnecessary delays in visa processing on priority to facilitate genuine businesspersons. He also instructed the preparation of an outcome-focused plan to diversify exports, strengthen industrial linkages, and maximise benefits from enhanced market access under CPEC cooperation. With regards to China's offer to train 10,000 people, Iqbal called for a transparent framework that enables the right people to capitalise on the opportunity.

Preparations for PM's visit, CPEC JCC session reviewed
Preparations for PM's visit, CPEC JCC session reviewed

Business Recorder

time2 days ago

  • Business
  • Business Recorder

Preparations for PM's visit, CPEC JCC session reviewed

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, on Tuesday, chaired a high-level meeting to review preparations for the upcoming Joint Cooperation Committee (JCC) session of the China–Pakistan Economic Corridor (CPEC) and the prime minister's planned visit to Beijing. The minister said that the future of CPEC should focus on quality over quantity, stressing that only well-planned, high-impact projects will move forward to ensure sustainability and strengthen Pakistan's institutions. Sharing details of his recent visit to China, he said that, on the prime minister's behalf, he invited President Xi Jinping to visit Islamabad in 2026 to celebrate 75 years of diplomatic relations between Pakistan and China. He added that the prime minister's upcoming trip to Beijing will formally launch CPEC Phase-II, during which, both sides are expected to set clear priorities and agree on concrete, measurable outcomes. The minister stressed the need to expand Pakistan's trade and exports to China and directed that visa processing for genuine businesspersons be expedited to avoid unnecessary delays. He also called for a practical, results-oriented plan to diversify exports, strengthen industrial linkages, and fully utilise the expanded market access available under CPEC. On human resource development, Iqbal stressed the need to make full use of the 10,000 training opportunities offered by China in various sectors. He directed that a transparent system be put in place to ensure the right people are selected for the right training, in line with institutional needs, so Pakistan can achieve lasting capacity-building and organisational benefits. The meeting reviewed progress on key priority areas, including the Multan–Sukkur Motorway, training programmes for IT graduates, artificial intelligence infrastructure, industrial relocation, special economic zones, mining, and agriculture. The minister directed that detailed, data-based studies be carried out on China's industrial relocation patterns and that Pakistan's export strengths be carefully matched with Chinese market needs. Noting that China imports goods worth over US$2 trillion annually, he stressed that Pakistan should set a clear target of capturing at least US$30–50 billion of this trade by improving competitiveness and preparing its key sectors. He directed that an outcome-oriented study be completed to identify high-potential sectors and products for export to China, with the objective of creating an exportable surplus, attracting sustained investment, and strengthening the balance of payments over the medium term. He reiterated the need for policy continuity and institutional reforms to realise long-term CPEC gains, and affirmed close engagement with the private sector, academia, and research institutions in industrial cooperation, technology, agriculture, energy, and human resource development. Copyright Business Recorder, 2025

Egypt's FM travels to Mauritania for official visit
Egypt's FM travels to Mauritania for official visit

Egypt Today

time26-05-2025

  • Politics
  • Egypt Today

Egypt's FM travels to Mauritania for official visit

Flags of Egypt and Mauritania CAIRO – 26 May 2025: Egyptian Minister of Foreign Affairs Badr Abdelatty traveled to the Islamic Republic of Mauritania on Monday, May 26, for an official visit. According to a statement by the Egyptian Foreign Ministry, Minister Abdelatty is leading the Egyptian delegation to the meetings of the Joint Cooperation Committee and the Egyptian-Mauritanian Economic Forum. During the visit, he is also scheduled to hold bilateral talks with several senior Mauritanian officials to exchange views on regional challenges and issues of mutual concern, as well as to explore avenues for strengthening economic and trade relations between the two countries.

OPEN: Abdelatty heads to Mauritania
OPEN: Abdelatty heads to Mauritania

Middle East

time26-05-2025

  • Business
  • Middle East

OPEN: Abdelatty heads to Mauritania

CAIRO, May 26 (MENA) - Minister of Foreign Affairs and Emigration Minister Badr Abdelatty headed to Mauritania on Monday. Abdelatty is scheduled to head the Egyptian delegation to the Joint Cooperation Committee and the Egyptian-Mauritanian Economic Forum. He will also hold bilateral meetings with a number of senior Mauritanian officials to exchange views and assessments on regional challenges and crises of mutual interest, as well as to discuss ways to develop economic and trade relations between the two countries. (MENA) A I E/R G E

Kuwait and India Establish Joint Cooperation Committee Under New Agreement
Kuwait and India Establish Joint Cooperation Committee Under New Agreement

Arab Times

time11-05-2025

  • Business
  • Arab Times

Kuwait and India Establish Joint Cooperation Committee Under New Agreement

KUWAIT CITY, May 11: A significant step in strengthening bilateral relations between Kuwait and India has been formalized with the publication of Decree No. 82 of 2025 in the Official Gazette on Sunday. The decree approves a memorandum of understanding (MoU) for the establishment of a Joint Cooperation Committee, signed by both governments in New Delhi on December 4, 2024. The newly established committee aims to deepen collaboration across a wide range of sectors and enhance political, economic, and social ties. It is tasked with ten key areas of cooperation: Political Dialogue – Promoting the exchange of information and perspectives on regional and international issues of mutual concern.n Defense and Security – Enhancing cooperation in defense, cybersecurity, and counter-terrorism.n Economic Engagement – Fostering partnerships in trade, investment, and economic development.n Food Security – Collaborating in agriculture, livestock, fisheries, and food processing.n Education and Skills – Supporting initiatives in education and vocational development.n Consular and Labor Affairs – Improving consular coordination, addressing labor and legal migration matters, and boosting cooperation in health and pharmaceuticals.n Science and Technology – Advancing joint projects in space exploration, IT, and emerging technologies.n Cultural and Humanitarian Ties – Strengthening cultural exchange and humanitarian initiatives.n Multilateral Cooperation – Enhancing collaboration at the United Nations and other international forums.n Future Areas – Identifying and developing new fields of cooperation based on mutual agreement.n The committee will also be responsible for overseeing the execution of agreements, treaties, and cooperation programs already in place. It will ensure that implementation aligns with both nations' legal frameworks and available resources. Moreover, it will facilitate the regular exchange of information, expertise, and consultations in all ten designated areas. The establishment of this committee marks a new chapter in Kuwait-India relations, reflecting a shared commitment to deepening strategic ties and mutual development.

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