Road Map of Technology and E-commerce in Pakistan Conference

Mass Human Resource Services

Road Map of Technology and E-commerce in Pakistan Conference

October 21, 2017 , Marriott Karachi

About Event

Mass HRS is Recruitment and IT consultancy firm since 2008 . Founder of Organization has vast experience of Technology in the development in Pakistan. The Event “Road Map of Technology and E-commerce in Pakistan” will be organized on October 21, 2017 at 3 PM to 7 PM at Marriott Karachi ,  to reshape and Innovation in technology and thought infrastructure Industry . Following areas would be catered and discussed.


Event Objective

Summit will be objected to create awareness among Business community with the importance of Technology . Many business could be started in core areas with minimum budgets . Our goal is to offer affordable training that provides the Business community and  industry the tools to work in a safer, more efficient manner. Road Map of Technology and E-commerce in Pakistan Conference features cutting-edge topics for its panel discussions. The leadership of the telecom, broadcast & IT industries will converge at the Event to discuss the key issues and trends that will impact this critical sector of the economy.

Schedule & Topics


Road Map of Technology and E-commerce in Pakistan Schedule (Tentative)
12:30Registration and Start
22:45Welcome address
33:00Business Marketing through Internet and website
43:15Data Centers and Data Management , Trends in Data Visualization
54:15Benefits of ERP /CRM Technology
64:30Pakistan an Outsourcing Destination
74:45Innovation in Large Enterprise businesses
85:00Open Source Accounting software and Technologies
95:15What we look in Outsourcing Partner
105:30Vision of Startups and Entrepreneurship among Technology hunters
115:45Mobile commerce and Business Community Trust
126:00Guest of Honour’s speech
136:15Chief Guest’s  Speech
146:30Votes of Thanks and Group photo section
Hi Tea


Information For Registration  


Please register your self


Ms. Sajida Siraj

Corporate Communication  & Event Coordinator

Mass Human Resource Services


Voice:              021-34331056, 0301-2641007

Office:                         204,2nd floor, Jason Trade Center (Lal Kothi),

Sharah-e-Faisal, Karachi.



PM Abbasi announces multibillion development package for Nowshero Feroz district

NEW JATOI (APP): Prime Minister Shahid Khaqan Abbasi Saturday announced a comprehensive development package worth above Rs 2.5 billion for the infrastructural uplift of Nowshero Feroz district for the provision of gas, electricity and the construction of roads.

Addressing a public gathering here, the prime minister said a whooping Rs 1.5 billion grant would be spent for provision of gas and electricity to various areas of the district and another Rs 1 billion for construction of roads.

The prime minister was accompanied by Governor Sindh Muhammad Zubair, federal minister Ghulam Murtaza Jatoi, minister of state Jam Kamal and other party leaders.

The announcement of the mega development projects for the district of opposition-led Sindh province prompted the already charged gathering to chant full throated slogans in support of the Pakistan Muslim League-Nawaz (PML-N) and the prime minister.

The prime minister also announced the launch of his health insurance card scheme to support medical treatment of the poor families besides nodding to the party leaders’ demands of establishing a food processing plant, a railway stop and a grid station in the area.

The prime minister also approved a fund of Rs 200 million for a town committee on the request of a party leader in the area.

“This is the difference between the mindset selling the jobs and the one giving rights to the rightful people,” he commented criticizing the apathy of the ruling Pakistan Peoples Party to the issues of the people in their province.

Prime Minister Abbasi said that the country could only achieve progress through democracy and recalled that the Charter of Democracy (CoD) signed between former prime ministers Nawaz Sharif and late Benazir Bhutto had committed to bring an end to political victimization and respecting the public mandate.

Expressing his dismay over the non-adherence to the CoD, he called for carrying forward the same commitment as only democracy could guarantee the stability of the economy, provision of jobs and justice.

He told the public gathering that the government accepted the July 28 verdict of the Supreme Court and new prime minister was nominated by the party with no aspirant in the party for the slot.

Such a beautiful democratic transition put to rest all the rumors of disintegration of the party and desertion by the parliamentarians, he added.

“The decision of July 28 was indeed a great ordeal but it was also a victory of democracy,” the prime minister remarked.

He said only the PML-N and Nawaz Sharif ensured the integration of the country as he was the one who proved his agenda of public welfare and development through his actions, not merely words.

He said after 18th amendment, like other provinces, the resources for Sindh too had been doubled but unfortunately those were going to corruption showing the failure of the provincial government.

To the public demand of job opportunities, the prime minister said it was the issue across the country but the federal government was toeing a policy of giving jobs to the rightful aspirants on merit, not by minting money.

He assured the people that China Pakistan Economic Corridor would help create employment opportunities and stabilizing the national economy.

However, he reiterated that the issues would continue lingering on until the resources are duly utilized for public welfare, not the political interests.

Prime Minister Abbasi recalled that it was always the Nawaz Sharif-led government that enhanced the country’s road network as currently motorways were being constructed across Sindh.
He told the gathering that the incumbent government completed the Kachi Canal project costing Rs 28 billion that had been lingering on for the last three decades.

He said a vast stretch of the canal passed through Punjab province without giving any share in the water that had been purely dedicated to irrigate thousands of acres of land in Balochistan.

About the power generation, the prime minister said the government had produced around 10,000 megawatt during last four years against only around 20,000 megawatt generated since inception of Pakistan.

The prime minister said the federal government believed in granting due rights to the provinces as all of their issues were discussed and resolved in Council of Common Interests leaving no province to complain about the distribution of resources.

Prime Minister Abbasi said the world had now admitted that Pakistan’s economy was getting stronger against the previous notions about the country being on the verge of bankruptcy.

He said the growth rate now stood at six per cent and the development projects executed by the government would not only resolve the current problems but would also cater to the future needs of the country. The projects of gas and electricity would address the energy issue till 2030 and the road network would suffice the needs for the next 50 years.

He said consequent to the joint efforts by the government and sacrifices by the security forces, Pakistan had defeated the terrorist forces and would eliminate the residues as around 0.2 million soldiers were still engaged to fight the menace.

The prime minister said Pakistan’s security had defeated the terrorism which could not be tackled by the whole world. Recalling a terror attack on a shrine which took place in Balochistan on Thursday, the prime minister said the terrorists chose to hit such peaceful places out of their inability to target any other place.

He also asked the people to draw comparison between the peace situation in Karachi of today and four years ago and termed it a gift of the PML-N and Nawaz Sharif.

After announcing the development package, the prime minister asked the people to give their verdict for the next five years in the elections scheduled to be held after some nine months.

“The political decisions are not taken in courts and on streets. Neither they should be. This is democracy,” he remarked urging the people to compare the ongoing five-year tenure of the PML-N and the one completed by PPP earlier.

Earlier, the prime minister also lauded the political career of Ghulam Mustafa Jatoi, Ghulam Murtaza Jatoi, former Sindh chief minister Arbab Ghulam Raheem and Syed Zafar Ali Shah, hoping they would continue upholding the positive political traditions in future too.

Time to establish ministry of private sector facilitation

ISLAMABAD: Pakistan exported goods and services worth $25 billion in fiscal year 2011 and in FY17 exports stood down at around $21 billion.

Exports-to-gross domestic product (GDP) ratio is also low if parallels are drawn with comparable countries. Investment-to-GDP ratio has hovered around 15% over the past decade while the ratio has been over 30% in India since 2005.

Pakistan’s ranking in the World Bank’s Ease of Doing Business indicator has dropped from 77th in 2007 to 141st in 2017 among 185 economies. Foreign investment has remained considerably low since 2006 except for a recent surge due to the China-Pakistan Economic Corridor (CPEC).

This is happening despite many export packages and initiatives to boost private sector competitiveness. Evidently, the current public sector apparatus is inadequate and unable to deliver results for development of the private sector.

First, the mandate of development and facilitation of the private sector is scattered across different ministries and organisations. Trade policy, industrial policy, investment policy, information technology policy, taxation policy, monetary policy, energy policy, sectoral regulatory policies and other such frameworks are developed in isolation, yet they deal with the same objective.

One would suggest establishing a coordinating committee or a body. Indeed, there are many – without delivering the intended results.

Second, the institutional and human resource capacity in public sector organisations is grossly constrained. Third, many of these organisations were set up between the 1970s and 2000, but needs of the private sector have totally changed now.

The investment made abroad by Pakistani diaspora and domestic investors’ investment in other countries may be greater than the investment committed under CPEC. Now, the question arises as to what sort of public apparatus is needed to enhance exports and mobilise private sector investment in Pakistan.

New ministry

The countries which have increased exports and private investment phenomenally had one thing in common: the quality of the state and its institutions supporting the private sector. The coordinating and intellectual capacity of the state machinery has played a crucial role in Japan, South Korea, China, Singapore, and in the western world.

In Japan, the Ministry of Economy, Trade and Industry and in other countries well-designed and empowered planning agencies steered private sector development agenda. Hence, there is an urgent need to establish a Ministry of Private Sector Facilitation in Pakistan.

This ministry should be established by merging the Ministry of Commerce and Textile, Ministry of Industries and Production, Board of Investment, some attached departments of the Ministry of Information Technology and almost half of the Planning Commission. Provincial governments may follow suit after piloting at the federal level. Prime Minister Shahid Khaqan Abbasi has recently reorganised a few ministries/divisions and hence the establishment of the Ministry of Private Sector Facilitation should be considered as the continuation of efforts to deliver services to the citizens.

Abbasi can leave an ever-lasting legacy by developing an innovative, effective and professional setup to support the private sector. Needless to say, the public sector is usually quick in establishing new organisations, but the government hardly designs it in a way that it can meet the intended objectives.

Proposed design of the ministry

First, the basic function of the ministry should be facilitation of the private sector. The public sector’s main job is now to create a right ambiance for the private sector to thrive. Instead, many of the facilitation bodies turn themselves into self-proclaimed regulatory bodies and then create hurdles in the way of the very sector they were created to promote.

The Engineering Development Board is a classic example of how a body created to promote the engineering sector actually hindered its growth.

While creating the Ministry of Private Sector Facilitation, a thinking process should be undertaken to avoid the usual life cycle of public sector organisations which starts with big ambitions and ends with inefficiencies and over-regulation.

The Planning Commission’s Framework of Economic Growth emphasised in 2011 to focus on the software of economic growth. This framework can become a guiding document for the new ministry.

Second, the mandate of the ministry should be to improve business environment, give policy recommendations on taxation, monetary matters and exchange rate dynamics, manage public-private dialogue, facilitate domestic and international trade, reform complex, archaic and cumbersome laws and regulations, and sponsor research on entrepreneurship, innovation and technological development.

The ministry should steer policy reforms to promote competition and innovation. These are just references to some of the important aspects of the scope of the proposed ministry and a detailed working is required to include the modalities and functions.

However, it would be essential that no taxation measure is finalised without the consent of the new ministry. The ministry will have to pay special attention to young entrepreneurs, start-ups, technology-oriented companies (not just information technology), innovative business ideas and women entrepreneurs.

Third, top quality human resource from both public and private sectors should be engaged in the ministry. Secretary of the ministry should be selected through open competition between civil servants and private sector professionals.

A panel consisting of eminent private sector representatives, senior bureaucrats, economists and politicians should select the secretary for three years. The secretary should be given all powers of the chief executive officer.

Fourth, it would be important to address the loopholes and inefficiencies in the public financial management system for the proposed ministry.

Single-line current and development budgets should be given to the ministry with all powers of appropriation and expenditures in order to steer the implementation of its initiatives.

The ministry should have a competent chief financial officer and chief strategy officer to deal with financial and planning matters. Merger of half of the Planning Commission with the ministry will provide in-house and decentralised capacity to steer the development policy.

A strong accountability mechanism should also be developed to scrutinise financial management and service delivery by the ministry. An independent panel of professionals and politicians should be assigned the task to periodically review the performance and provide direction to the ministry.

Fifth, the ministry should undertake third-party review of all attached departments/bodies of the ministries/divisions which are being merged. There are many redundant public sector organisations such as the Trade Development Authority of Pakistan, commercial attaches and Small and Medium Enterprises Development Authority which need to be either disbanded or completely overhauled to meet modern needs of the private sector.

Govt, chambers should deliberate further

Lastly, policymakers, academicians, think tanks and chambers of commerce and industries should deliberate on this issue because the country needs radical steps to reorganise the public sector to deliver the services needed by the private sector. Otherwise, we would continue to lament slow growth in exports and decline in private investment.

Gerry’s dnata, recently launched a brand new marhaba lounge at Karachi airport.

Gerry’s dnata, the largest ground handler in Pakistan, recently launched a brand new marhaba lounge at Karachi airport. Earlier, they also commenced the construction of what is primed to become Pakistan’s largest cargo handling warehouse. These investments are only a snapshot of the endeavours the company has as part of its larger plan of strengthening their already strong foothold in Pakistan.

“This year we have invested extensively into innovative projects such as the marhaba Lounge and a state-of-the-art import cargo warehouse facility at the Karachi Airport,” Syed Haris Raza, vice president, Gerry’s dnata said.

“marhaba Lounge has opened its door at the Jinnah International Airport after 25 years of being operated in more than five locations worldwide. Now that this project has seen daylight, our eyes are set on the import cargo warehouse,” the vice president of the company said.

Speaking about the warehouse project construction and its progress, Raza said, “The warehouse is progressing steadily. We have achieved a significant scale of construction and expect to complete it by the end of this year.”

The company expects to run the operational stress testing while they manage cargo operations at the current facility. “We are excited about its contribution to the local aviation industry and expect it to form the baseline for more developments,” he added.

The new import cargo warehouse is expected to be completed later this year. This new facility within the grounds of the Karachi airport, will double the tonnage handling capacity to a whopping 72,000 from the current 36,000 square feet.

Raza outlined the company’s growth plans, saying that there were more projects to look forward to. “As part of the growth vision embedded in the very core of Gerry’s dnata, ground equipment service deployment, marhaba Lounge and the new import cargo warehouse are some of the projects we are greatly enthusiastic about,” the VP of Gerry’s dnata said.

“We are half way through 2017 and three out of four remote stations of Gerry’s dnata, namely Multan, Faisalabad and Quetta, have already been empowered with new and highly efficient ground handling equipment. We have already made an investment of above $20 million over the last two years in infrastructure, including the warehouse, new marhaba lounge and ground service equipment.”

He added that the extensive investment will translate into more efficient ground handling operations, leading to shorter ground time, improved on-time performance, and enhanced safety and security of on-ground resources.

Raza was enthusiastic about the developments so far and said the larger vision of the company is also to contribute towards the development of the aviation industry in Pakistan. “We are at the forefront of adapting to industrial changes and customer demands that come along. I have spoken of transformation before, a concept that is perpetual and will always hold relevance to the ever-dynamic factors of this industry. For this matter, we are intently focused on improving internal practices and policies that potentially reflect external factors,” he said.

“We believe in transformation of the economy as a whole by being leaders of innovation and best industrial practices. Our projects are in line with this concept. We constantly challenge our strategies, solutions and planning until we see ourselves where the customer wants us to be.”

Raza also said that despite the challenges, he is optimistic about the growth prospects of the aviation industry of Pakistan. “Economic factors have played a crucial role in determining the growth prospects for this industry. Several international carriers have suspended operations which has naturally affected the local business environment. Having said that, I am positive that this stagnation will soon see an upward trajectory with strong growth in near future. I see more local entrants sprouting and testing the market which will consequently influence international carriers to choose Pakistan as a viable location to commence operations. As a champion for collective growth, I believe the industry players need to continue to work together for the industry.”

Gerry’s dnata was the first venture of dnata outside the UAE. The joint partner, Gerry’s International is one of the largest groups maintaining the biggest corporate travel wing in Pakistan. It offers variety of services related to travel requirements of individual and corporate travellers, also operating FedEx Network in Pakistan. Gerry’s dnata’s footprint has now spread to seven airports across Pakistan, including Karachi, Lahore, Islamabad, and Peshawar, and makes it the largest ground handler in the country.

Belt and Road Initiative takes auto industry globally

Industry insiders have hailed China’s supportive policies as the backbone of expanding international automobile partnerships linked to the Belt and Road Initiative.

Cui Dongshu, secretary-general of the China Passenger Car Association, said China’s automobile manufacturing industry is accelerating its progress in “going global”.

“Within the framework of the Belt and Road Initiative, Chinese automakers will have wider scope and emboldened vision. As a result, they are forming overseas partnerships and establishing joint manufacturing plants, in addition to international trade in completed cars,” said Cui.

He said the initiative has created a favorable political environment and business opportunities for Chinese carmakers’ development. He added companies should work together systematically, going global in clusters.

Xu Haidong, an assistant to the secretary-general of the China Association of Automobile Manufacturers, said that, “Chinese carmakers could join together in negotiating with local auto dealers to ensure their voice is heard, in case the dealers have stronger influence in the market.”

Xu added Chinese carmakers have embraced the concept of selling brands and services, upgrading from the earlier idea of simply selling cars.

Last month, Egypt-based Holding Company for Maritime and Land Transport announced it is sealing a deal with Chinese partners to produce 900 vehicles a month, leveraging the automakers’ experience in assembling and machinery.

Its next step is to secure agreements on tractors and bulldozers with Chinese partners in 2018.

After acquiring a 49.9 percent stake in Malaysia-based Proton Holding and 51 percent of British sports car brand Lotus this year, chairman of the board of Zhejiang Geely Holding Li Shufu attributed the achievements to China’s Belt and Road Initiative.

Yu Ning, senior consultant to Geely Holding, said: “The Proton deal was reached in the environment characterized by the nation’s Belt and Road Initiative. Initiatives at the country level have played a critical role.”

Sources familiar with the matter said that without the country’s policy-based support, Geely would not have beaten two rival European auto giants in bidding for Proton and Lotus.

“The partnership between the automakers is also about the Sino-Malaysian relationship. It is Chinese Geely who willingly took on the responsibility of reviving Malaysian auto manufacturing, instead of taking Lotus only,” according to the sources.

Learning curve

Experts said that Chinese carmakers’ relatively low costs are their major advantage in better meeting local demands in Asia, Africa, Latin America and other developing regions, but shortcomings remain in terms of effective localization.

Cui at the China Passenger Car Association said: “Chinese products still lag behind those of mature automakers for two reasons: the overall standards of our manufacturing industry and a lack of local insight.

“China-made products might suit the domestic situation well, but can fail amid local challenges in other countries, resulting in negative word-of-mouth reputations in those markets.”

Japanese and South Korean players adjust their products in accordance with the destination markets, launching local editions in the Middle East and Southeast Asia, for example.

Bai Ming, an official at the Chinese Academy of International Trade and Economic Cooperation of the Ministry of Commerce, also said that Chinese carmakers suffer from not fitting into local markets well.

“Usually it is not a matter of quality products, but the unfulfilled need for after sales services,” he continued.

Bai advised: “Carmakers should pay attention to establishing value chains, especially connecting with partners on the supply and service side.”

Both Bai and Cui said they viewed the development of a strong service network as much more important than sales, as service offerings decide a carmaker’s long-term sustainability in an overseas market.

The experts suggested auto financing as a suitable business that is complementary to overseas services, since the sector has remained underdeveloped among Chinese companies for a long period of time.

State-owned FAW Group established its investment arm, FAW International Investment Co on Sept 24, aiming to support and consolidate its auto services in countries and regions along the Belt and Road.

A week later, Geely Holding announced it will increase its stake in Denmark’s Saxo Bank to 51.5 percent. The deal is seen as highlighting the carmaker’s drive to tap the expertise of European financial firms, although the transaction awaits regulatory approvals.

Geely powers turnaround at Proton

Zhejiang Geely Holding’s recent acquisition of Proton has spurred a turnaround at the Malaysian automaker, according to company executives. They said the rejuvenation plans were part of the auto family’s pursuit of a greater global presence. “The Malaysian brand will be positioned as a regional brand, targeting the South-East Asian markets with products developed on Geely’s platforms,” Li Chunrong, newly appointed CEO of Proton Holdings, said in Shah Alam, Malaysia via a video news conference.

Chairman of Proton Holding Syed Faisal Albar bin Syed AR Albar said: “The key to success is product and the other important factors are quality and brand. “We are in a positive and strategic partnership, with technologies being shared between each other. We are confident in Geely to deliver not only existing models, but also new products.”

Proton board members also hailed the revitalization of the Malaysian brand. They added the next product will be derived from the Geely Emgrand Boyue SUV model in the local market’s mid-size segment, which is equivalent to China’s compact segment.

The Malaysia-based carmaker will also launch another four models with the latest technologies in the near future, bringing its offering to a total of five products. Feng Qingfeng, chief technology officer of Geely, said: “Proton’s future products will be developed on Geely’s latest 3.0 platforms, including the first product to also be based on the 3.0 generation of the Emgrand Boyue.” Geely completed the transaction to purchase a majority stake in the British luxury sports brand Lotus on the same day as the Proton deal.

The Chinese motoring group now owns a majority stake of 51 percent in Lotus Advanced Technologies, with a minority 49 percent being held by Etika Automotive, a Malaysian group.

Lotus will be Geely’s Porsche equivalent, while the Proton brand is similar to Skoda in the Volkswagen family, according to Li Donghui, chairman of Lotus. Li is also a board member of Proton and executive vice-president of Geely.

He said Geely will help Lotus research and develop the next generation of volume products, to “bring the splendid sports gene into full play”.

The group’s Chinese board members confirmed that Lotus will follow Geely’s pursuit of electrification and intelligent technology, but the platform on which future products will be based remains to be settled. Lotus CEO Jean-Marc Gales said earlier that the company will accelerate its R&D efforts in the SUV sector. The company hopes to launch models in the market in 2020, 14 years after the APX Concept SUV debuted at the Geneva Motor Show in 2006. Lotus is shipping three British-made sports car series-the Exige, Evora, and Elise-to the Chinese market.

Geely Holding reported revenue of more than $30 billion for 2016 and produced 778,896 cars that year.

CPEC toll income to be thrice the budget of Pakistan: BoI

LAHORE: Only the toll income generated by the route of China-Pakistan Economic Corridor (CPEC), after the completion of the project by 2030, will be three times of the national budget of Pakistan, an official said on Wednesday.

“It is on top of the business, economic, and employment creating activities of special economic zones (SEZs), and other industries,” Zulfiqar Ali, director Board of Investment (BoI) said while briefing Lahore Economic Journalist Association (LEJA) a local venue.

“The national investment agency is targeting to increase the foreign direct investment (FDI) to $250 billion for infrastructure development and other industrial activities by 2025, including joint industrial cooperation between Pakistan and China.”

Ali said that Pakistan had already started development of seven SEZs with Chinese cooperation out of which three each were being established in Sindh and Punjab and one in Khyber Pakhtunkhwa (KP).

“Furthermore, nine more Priority SEZs have also ben approved for Rashakai KP, Dhabeji Thatta, Boston Economic Zones Balochistan, Allama Iqbal SEZ, Faisalabad, Maqpoondas Northern Are3as, Islamabad Capital Territory Model SEZ, Federal Government Industrial Park on Pakistan Steel land at Port Qasim, Mirpur Industrial Zone and Mohmand Marble City, Federally Administered Tribal Areas,” he said.

The BoI chief said CPEC is the second chance for the industrial and economic development of Pakistan after 1960s industrialisation drive. “The CPEC is as important for China as it is for Pakistan,” he saoid.

Ali added that through CPEC and Gwadar deep sea port, the distance between the Jaboti deep sea port of Africa will reduce to only 5 days. “That is the gateway to reach African markets for China that is heavily invested there,” he observed.

Moving ahead, he said the government’s recent efforts have resulted in a gradual increase in FDI. “The FDI in FY15 was only U$900 million, which increased to $2.3 billion in FY16 and further rose to $2.4 billion in FY17,” he said adding it was encouraging as the steps taken by the government were paying off in shape of FDI.

He told the journalists that as an outcome of government’s negotiation with the Chinese, early harvesting projects of energy sector had already started adding into the national grid. “It is expected that there will be no power outages in 2018 and by 2020 maximum energy will be added into the national grid by 2020,” Ali said.

Replying to a question, the BOI director dispelled the impression that the government was favoring Chinese investors by giving them special concessions. “For the BoI and the government of Pakistan, every foreign investor is equal. Besides, same level of returns on investment is available to the local ones,” he added.

CPEC has nothing to do with territorial sovereignty disputes: China responds to US criticism

The Chinese Foreign Ministry has dismissed United States (US) criticism that the China-Pakistan Economic Corridor (CPEC) passes through disputed territory, the Economic Times reported.

The $56 billion project passes through Pakistan’s northern areas, which India claims is part of the disputed Jammu and Kashmir territory.

US Defence Sec­retary James Mattis told a US Senate Armed Services Committee hearing last week that the One Belt, One Road “goes through disputed territory, and I think that in itself shows the vulnerability of trying to establish that sort of a dictate.”

The Chinese Foreign Ministry on Friday told the Press Trust of India: “We have repeatedly reiterated that the CPEC is an economic cooperation initiative that is not directed against third parties and has nothing to do with territorial sovereignty disputes and does not affect China’s principled stance on the Kashmir issue.”

It added that over 70 countries and international organisations, including the United Nations (UN) General Assembly and UN Security Council, have signed cooperation agreements with Beijing on the OBOR initiative and incorporated it into important resolutions.

Pakistan has also dismissed the US reservations over CPEC, asserting that it is a “development and connectivity project for the betterment of the people in the region and beyond”.

“The international community should [instead] focus on human rights violations and heinous crimes committed by Indian occupation forces in Indian occupied Kashmir,” read a statement issued by the Foreign Office on Saturday.

The new US position on CPEC has put further strain on already tense rel­ations between the US and Pakistan, which also opposed the greater role Washington has assigned to India in Afghanistan in a strategy President Trump announced on Aug 21.