Chengdu to Pakistan Sabat Kashmiri Lal Mirch – Cultivated In Pakistan

Chengdu to Pakistan Sabat Kashmiri Lal Mirch - Cultivated In Pakistan

CPECB Sabat Laal Kashmiri Mirch

Sabat Laal Kashmiri Mirch 12 Ton Available

Date: 05/Aug/2022

Beej No. 302, 407 Mix . 

Please note: The stock is limited At the moment and offered Ex-warehouse. only serious buyers. Mirch is the same as the image. In order to place an order please contact us via phone or email only.  If you are a member of CPECB you can comment in the member area, rates will be offered directly at the member area. If you are not CPECB member please follow the contact us form below or call us.  Get the Best Rates and committed Delivery from CPECB . This Chili is locally planted in Pakistan 
It is good for Chili Powder

Placing Order

+923311456789

available from 10:00 – 19:00

Address Mr 4/2A Virjee Street Jodia Bazar 

Email info@cpecb.com

Work with A class Companies - The growing CPEC and BRI Business Companies

Apply for CPECB Membership
Facebook
Twitter
LinkedIn
WhatsApp

#lalmirch #Pakistam #CPEC #Agriculture #chilli #Chengdu #China #Rates #lalmirch #redchilli #CPECB

SBP receives $2.3bn from Chinese banks, confirms Miftah Ismail

SBP receives $2.3bn from Chinese banks, confirms Miftah Ismail

Finance Minister Miftah Ismail Friday announced that a Chinese consortium loan of RMB 15 billion (roughly $2.3 billion) has been credited into the State Bank of Pakistan’s (SBP) account, increasing Pakistan’s foreign exchange reserves.

 

Earlier, Pakistan had signed a loan facility agreement with a Chinese consortium of banks to aid the depleting foreign exchange reserves and depreciation of the local currency.

“We thank the Chinese government for facilitating this transaction,” the finance minister wrote in a tweet after the signing of the agreement.

The agreement with Chinese banks is expected to bolster the country’s reserves and enable it to make import payments while lending some support to the rupee as well which has lost over 34% since the start of the outgoing fiscal year 2021-22.

The development came as a massive relief to economic policymakers after foreign exchange reserves held by the SBP fell below $9 billion as of June 10, with the level staying at less than six weeks of import cover.

Pakistan’s foreign reserves decline further

On Thursday, the data from the central bank showed that Pakistan’s total liquid foreign exchange reserves clocked in at $14,210.4 million, down from $14,943 million last week.

The total liquid foreign exchange reserves are at their lowest since January 18, 2019.

The break-up showed that the foreign reserves held by the SBP are at $8,237.7 million. The SBP had said that the decline of $748 million in its foreign reserves in the outgoing week was due to external debt repayments.

The SBP reserves are the lowest since October 25, 2019, which means that Pakistan has an import cover of only 1.21 months.

Meanwhile, the net foreign reserves held by commercial banks stood at $5,972.7 million.

Belt and Road initiative is moving strongly

Lets Join CPEC and BRI Projects
Facebook
Twitter
LinkedIn
WhatsApp

China comes to our rescue in a big way

China comes to our rescue in a big way

China comes to our rescue in a big way

ISLAMABAD: China has agreed to roll over $2.3 billion loan to Pakistan and, significantly from the perspective of strengthening the $9.2 billion foreign exchange reserves (as on 3 June), to extend additional assistance of between $2.5 to $2.8 billion.

Highly-placed sources told Business Recorder that the recent visit of Chief of Army Staff General Qamar Javed Bajwa was a resounding success in procuring a highly valuable package. Sources further revealed that the three services’ team is still in Beijing and negotiations on the economic package are ongoing at present with possibly two phases of assistance; in the first (initial) phase $2.3 billion would be rolled over, a key International Monetary Fund (IMF) loan condition, and in the second phase another $ 2.5 to $2.8 billion would be disbursed, scheduled for November or early December.

Besides these two packages, China has also agreed to extend military aid, and to revive the strategic partnership between the two countries with the objective of raising it to the next level of cooperation in various fields under the China-Pakistan Economic Corridor (CPEC).

Asked about the terms and conditions of the Chinese economic package, the source maintained that the loans will be at concessional rates but the Chinese side reportedly emphasised the criticality of avoidance of any political disruption, underscoring the need for ensuring that all contractual obligations with the Chinese companies are met. The Chinese side also highlighted the need for reinvigorating projects rejected by the previous government.

“The Chinese leadership has assured Pakistan of Beijing’s continued support at this difficult time, besides pledging a more proactive role to support the country’s economy through the CPEC,” the source added.

A high-powered military delegation comprising senior military officials from all three services led by Army Chief Qamar Javed Bajwa visited China from June 9 to 12 to attend the meeting of Pakistan China Joint Military Cooperation Committee (PCJMCC).

According to a statement issued by the military’s media wing, Inter-Services Public Relations (ISPR), the senior level tri-service military delegation held wide-ranging discussions with senior officials of Chinese military and other government departments. The meeting was held on 12 June with the Pakistani side led by Chief of Army Staff General Qamar Javed Bajwa and the Chinese side led by General Zhang Youxia, Vice Chairman Central Military Commission of China.

It stated that both sides discussed their perspectives on international and regional security situation, and expressed satisfaction on defence cooperation between the two countries.

“Pakistan and China reaffirmed their strategic partnership in challenging times and agreed to continue regular exchange of perspectives on issues of mutual interest. Both sides also vowed to enhance their training, technology and counterterrorism cooperation at tri service level,” it added.

The sources further noted that Saudi Arabia has also pledged rollover of $3 billion assistance, contingent on success of the seventh review, during Shehbaz Sharif’s visit to Saudi Arabia on 28 April and reports indicate that the Saudi government further pledged additional assistance including the deferred oil payment facility.

Apply for CPECB Membership | The Only Businessman and Professional Paltform 

Reports also indicate that the Saudis urged the UAE to support Pakistan’s beleaguered economy and fruitful discussions were held on this account on Eid day during the visit of a high-level UAE delegation to Pakistan.

Negotiations are also reportedly at an advanced stage with Qatar for procuring liquefied natural gas (LNG) on deferred payment.

Pakistan is also hopeful, after the good optics between foreign minister Bilawal Bhutto Zardari and Antony Blinken, US Secretary of State in New York, on the sidelines of the Climate Change conference, that Washington may at best lend support to get Pakistan out of the Financial Action Task Force (FATF) grey list or, at the least, withdraw all objections.

Pakistan’s case will be heard by the FATF in Berlin, Germany, from June 15 (today) to 17, 2022 and Minister of State for Foreign Affairs Hina Rabbani Khar is leading the Pakistani side at the FATF moot. “We’ve worked hard on the 27-point action plan given by the FATF and we are quite hopeful that Pakistan will be excluded from the grey list,” another official dealing with the FATF action plan told Business Recorder.

“All these packages from friendly countries would help Pakistan boost its foreign reserves and create fiscal space which may give a breathing space to the country’s economy,” said Dr. Ashfaque Hassan, a former adviser to the finance ministry.

Business Recorder, 2022

Facebook
Twitter
LinkedIn
WhatsApp

A senior level tri service military delegation of Pakistan visited Peoples Republic of China from 9 to 12 June 2022.

A senior level tri service military delegation of Pakistan visited Peoples Republic of China from 9 to 12 June 2022.

A senior level tri service military delegation of Pakistan visited Peoples Republic of China from 9 to 12 June 2022. The delegation held wide ranging discussions with senior officials of Chinese military and other government departments. Apex Meeting was held on 12 June wherein Pakistani side was headed by Chief of Army Staff (COAS), General Qamar Javed Bajwa while Chinese side was led by General Zhang Youxia Vice Chairman Central Military Commission of China. Both sides discussed their perspectives on international and regional security situation, and expressed satisfaction on defence cooperation between the two countries. Pakistan and China reaffirmed their strategic partnership in challenging times and agreed to continue regular exchange of perspectives on issues of mutual interest. Both sides also vowed to enhance their training, technology and counterterrorism cooperation at tri service level.

Belt and Road initiative is moving strongly

Lets Join CPEC and BRI Projects
Facebook
Twitter
LinkedIn
WhatsApp

China reiterates its commitment to helping Chinese companies invest in Pakistan

China reiterates its commitment to helping Chinese companies invest in Pakistan

11 96

ISLAMABAD (PEN) : Chinese Foreign Ministry Spokesperson Zhao Lijian highly appreciated positive remarks by Prime Minister Shehbaz Sharif on China-Pakistan relations and the China-Pakistan Economic Corridor (CPEC), saying China would continue to support its companies in investing and operating in Pakistan to realize win-win results and shared development.

Belt and Road initiative is moving strongly

Lets Join CPEC and BRI Projects
Facebook
Twitter
LinkedIn
WhatsApp

Chinese banks agree to refinance Pakistan with $2.3 billion funding

Chinese banks agree to refinance Pakistan with $2.3 billion funding

ISLAMABAD: Finance Minister Miftah Ismail said Thursday that Chinese banks have agreed to refinance Pakistan with $2.3 billion worth of funds which will “shore up Pakistan’s foreign exchange reserves.”

Taking to his Twitter handle, Miftah wrote: “Good news. The terms and conditions for refinancing of RMB 15 billion deposit by Chinese banks (about $2.3 billion) have been agreed.”

The finance minister further added that inflow is expected “shortly” after some routine approvals from both sides, adding that this will help shore up the country’s foreign exchange reserves.

The news comes as a lifeline as the country is already facing an uncertain economic situation due to a delay in the revival of stalled multibillion-dollar International Monetary Fund (IMF) programme.

The development comes as a massive relief to economic policymakers that saw foreign exchange reserves held by the State Bank of Pakistan (SBP) fall to $10.09 billion, with the level staying at less than 1.5 months of import cover.

The agreement with Chinese banks is expected to bolster the reserves and enable the country to make import payments while lending some support to the rupee as well which has lost over 25% since the start of the outgoing fiscal year 2021-22.

Belt and Road initiative is moving strongly

Lets Join CPEC and BRI Projects
Facebook
Twitter
LinkedIn
WhatsApp

Xi in my eyes

Xi in my eyes

20211015C99FC9840EC00001471912D98D30F760 1127957718 1634261488165 title
1065d1383bb8485a90ed9eb78fd56416 6

Xi in my eyes | To him, there is no self. There is only the people

After nearly half a century, President Xi met with his old schoolmate Sommano Pholsena. Hear what Sommano said about his experience with Xi, and what makes the Communist Party of China successful. Produced by Xinhua Global Service

a8e14cd2c0ec4ef4af388654f007d67f ddd

Xi in my eyes | He represents the Chinese Dream

Xi represents the Chinese Dream, which, according to British scholar Martin Jacques, is about the Chinese people dragging themselves up from poverty, about people living much better lives and about China playing a different role in the world.

20220313a2ccf3d763454e89b483931046f4a637 8cd6938b 177a 4f09 9976 6cf26876bbbf

Xi in my eyes | Always connected to the Chinese people

In the eyes of Stephen Perry, chairman of Britain's 48 Group Club, President Xi Jinping is "very closely connected" to the Chinese people. "Everything that I have seen ... tells me his motivation is the people of China. That is very important at this stage of China's development," he says.

46f2ff9dbeb649d8aab9ae94daabf40f 1

Xi in my eyes | Xi's vision of global governance full of wisdom

As British sociologist Martin Albrow sees it, the success of the Communist Pa

e5543d469cad49a2b016963b3e273dfc yingwenfengmian fuben

This is the heading

Inspired by President Xi Jinping's speech at Nazarbayev University on the joint building of a "Silk Road Economic Belt," Kazakh scholar Gulnar Shaimergenova set up the China Studies Center in Kazakhstan to promote China-Kazakhstan cooperation.

20211015C99FC98416000001F9C01E8032DA6090 1128117961 1638315721381 title

Xi in my eyes | In his heart, people are always above all

"I think the common thread in the Xi Jinping thought is the people-centered (approach)," said Raphael Tuju, secretary-general of Kenya's ruling Jubilee Party. "If you look at, for example, the profile of President Xi Jinping, he has a profile of a selfless leader," he said

20211015C99FC98415B00001B18830ADAB001635 1128109862 1638315830252 title

Xi in my eyes | A wise man, and also a philosopher

President Xi is a wise man, and also a philosopher, said former Egyptian Prime Minister Essam Sharaf. As a member of the Advisory Council of the Belt and Road Forum for International Cooperation, Sharaf said the deeper he delves into the Belt and Road Initiative and monitors its growth, the more he learns about President Xi's vision of the world and the future of humankind.

20211015C99FC98414800001D5E060551C6E1EB2 1128075760 1637215427403 title

Xi in my eyes | A leader with a broad vision, a heart for the people

"I remember quite clearly that Chinese President Xi Jinping is a tall man with a friendly manner. His remarks on various occasions were not long, but really down-to-earth and sincere," said Chea Monyrith, president of Chinese Cambodian Evolution Researcher Association. Monyrith says Chinese leaders have a long-term and broad vision towards international affairs, something he finds admirable.

20211015C99FC9840EC000015FF217D013611E2A 1127957704 1634202438638 title

In the eyes of Pakistani President Arif Alvi, President Xi is a great leader who always has the people on his mind and never fails them. He says China’s successful control of the epidemic and the accomplishment of the poverty alleviation target highlight the commitment of the Chinese leadership.

Join CPECB - Premium Businessman Market Place

Lets Connect & Deal
Facebook
Twitter
LinkedIn
WhatsApp

To build a Community of Health for All

The once-in-a-century COVID-19 pandemic is still wreaking havoc, posing a great threat to the lives and health of people all over the world, and a big challenge to global public health.

In the face of this common crisis for mankind, the international community needs solidarity and cooperation more than ever.

Regrettably, an unhealthy trend of politicization of the origin-tracing of the coronavirus by certain countries have seriously undermined the global combat against the pandemic,instigatingthe WHO Secretariat to unilaterally put forward a plan for the second phase of studies into the origins of coronavirus, without the consent of Member States. Many countries have raised concerns and voiced objection to the move.

It is a shared belief that the plan is inconsistent with the resolution of the 73rd WHA,or the conclusions and recommendations of the China-WHO Joint Study of the Origins of the Novel Coronavirus.

It failed to reflect the latest outcomes of global research and cannot serve as the basis for the second phase of joint origin studies.

70 countries have written letters, made statements or sent notes to the WHO Director General, stating that they welcome the China-WHO Joint Study of the Origins of the Novel Coronavirus and reject politicizing virus origin-tracing issue.

Over 300 political parties, social societies and think tanks in over 100 countries and regions have also submitted a joint statement to WHO Secretariat, calling for WHO to carry out global virus origin-tracing research in an objective and fair manner. This is the legitimate appeal and voice of justice from the international community.

China has always taken an open, transparent, scientific and cooperative attitude on the issue of origin-tracing.

China has taken the lead in cooperating with the WHO on origin-tracing, and has twice invited WHO experts in for origin-tracing studies, and opened the Wuhan Institute of Virology to international experts.

China is ready to actively participate in the origin-tracing studies in a truly scientific manner, meanwhileis firmly against the use of origin-tracing as a tool for political gain and an excuse to slander other countries.

As the largest developing country and a responsible member of the international community, China has always championed to the vision of building a global community of health for all, and supported global cooperation in the fight against the pandemic.

At the Global Health Summit in May this year, President Xi Jinping made an important address and clearly advocated unity and cooperation among the international community.

President Xi promised that China will provide an additional 3 billion US dollars in international aid over the next three years to support COVID-19 response and economic and social recovery in other developing countries.

China supports its vaccine companies in transferring technologies to other developing countries and carrying out joint production with them.

China proposedto set up an international forum on vaccine cooperation for vaccine-developing and producing countries, companies and other stakeholders to explore ways of promoting fair and equitable distribution of vaccines around the world.

As of July, China had provided more than 500 million doses of vaccines and its raw fluids to more than 100 countries and international organizations, equivalent to one-sixth of the current global production of COVID-19 vaccines, and contributed to the accessibility and affordability of vaccines in developing countries.

Since the outbreak of COVID-19, China and Pakistan have worked hand in hand to help each other, setting a good example for global cooperation against the pandemic.

China has made Pakistan a priority for vaccine aid and exports, providing more than 35 million doses of the vaccine to Pakistan as of July.

At 3rd Round of China-Pakistan Foreign Ministers’ Strategic Dialogue held recently, the two sides agreed that the origin-tracing of the coronavirus is a scientific task, and should not be politicized.

China also appreciates Pakistan’s joint letter to the Director-General of WHO and the statement issued by Ministry of Foreign Affairs of Pakistan,stressing that virus tracing is a scientific task and clearly opposing the politicization of the origin-tracing of the coronavirus

. China will continue to meet the vaccine demand of Pakistan within all its capacity, and assist Pakistan in strengthening the national health system and tackling the disruptions of the pandemic toeconomic and social development.

On August 5, State Councilor and Foreign Minister of China Wang Yi will host the First Online Meeting of the International Forum on COVID-19 Vaccine Cooperation.

Foreign ministers or competent ministers of relevant countries, representatives of the United Nations and other international organizations, and representatives of relevant enterprises are invitedto the meeting.

It is really appreciated that my friend, Minister for Planning, Development and Special Initiatives Mr. Asad Umar will attend the meeting on Pakistan’s behalf.

I firmly believe that the successful convening of the meeting willfurther promote international cooperation and the equitable access to vaccines around the world, andbring countries to work together to prevail over the pandemic.

As long asthe international community stand together and help each other in times of difficulty, advance anti-pandemic cooperation unswervingly, and build a community of health for all at all our efforts, we will have more confidence to win a complete victory over the pandemic at an early date, and usher in a better future for the mankind!

Billions of dollars of investments will be made in Gwadar

CEO China Overseas Ports Holding Company and Sec Maritime Affairs will hold a press conference today, 8th October, 2019.

Speaking on the occasion, Chairman of China Overseas Port Holding Company honorable Mr. Zhang Baozhong said the project of Gwadar Port was first awarded to a Singaporean company that wasted many years without starting the work. He said the incumbent government of Pakistan took immediate steps to resolve our problems. The government proved that it believes on practical work.

Honorable Mr.Zhang Baozhong said people of Gwadar are very hardworking and peace-loving and a bright future awaits them with the development of Gwadar Port and other infrastructure in the city. He assured that billions of dollars of investments will be made in Gwadar that will provide a large number of jobs to the local people. He said Gwadar will become a new economic hub of Pakistan.

The CEO of China Overseas Port Holding company appreciated the Pakistan government a promising, Pakistan Army and other institutions in providing maximum facilitation to Chinese companies working on various projects in Gwadar.

Minister for Maritime Affairs Ali Haider Zaidi says work at various projects in Gwadar continues at fast pace to develop the port city to an international standard.

Addressing a news conference in Islamabad on Tuesday afternoon, he said Pak-China Friendship Hospital will be constructed at a cost of 100 million dollars to provide state of the art medical facilities to people.

The hospital is planned on 68 acres of land and one out of six medical blocks and almost twenty percent of the residential blocks are completed.

The Minister said a 300-megawatt coal-powered plant is also being set up in Gwadar. A plant to treat hard water for human consumption is also being established. It will process five hundred thousand gallons of water.

Ali Haider Zaidi said work on Gwadar airport is underway and it will be an international airport with world-class facilities for passengers and cargo handling.

 

Chinese companies pledge to invest $5bn in Pakistan

Heads of different Chinese companies on Friday gave assurance to Prime Minister Imran Khan to invest US $5 billion in Pakistan in next three to five years.

The investment and transfer of industrial setup by Chinese companies will generate over 50,000 jobs in Pakistan the first year, the PM Office said, as a delegation comprising heads and representatives of 55 Chinese companies met the prime minister.

The Chinese corporate leaders with their businesses in multiple areas including small and medium enterprise showed keen interest to invest in Pakistan. The meeting was the follow-up of Prime Minister Khan visit to China in April where the leadership of two countries agreed to strengthen bilateral relations in key areas, particularly trade and investment.

Prime Minister Imran Khan welcomed the interest of Chinese companies, saying Pakistan’s diverse areas have immense potential for foreign investment. Inspired by the strategy of the Chinese leadership on peace, governance and poverty alleviation, he said the government is willing to learn from these experiences to achieve the goals of national prosperity.

Imran Khan said China always sided with Pakistan in tough times, adding that people of both countries are tied in a strong bond of friendship. On China-Pakistan Economic Corridor (CPEC), he said the project will prove to be a game changer in exploring the true potential of bilateral trade relations. He said implementation of CPEC-related initiatives is a priority for the government, and mentioned setting up a special department at the planning ministry to oversee smooth running of projects. He said the government is focusing on the concept of ‘ease of doing business’ to promote foreign investment.

Chinese Ambassador Yao Jing said China will extend full cooperation to Pakistan in promoting business activities and establishing strong trade links for the country’s economic stability.

Planning Minister Khusro Bakhtiar and Adviser to PM on Commerce Abdul Razak Dawood apprised the meeting of the government’s fiscal policies and progress on CPEC-related projects.

Adviser to PM on Finance Dr Hafeez Sheikh, Board of Investment Chairman Zubair Gilani and Federal Board of Revenue Chairman Shabbar Zaidi were present. Meanwhile, Prime Minister Imran Khan Friday directed the Board of Investment (BoI) chairman to harmonise the business-related laws enforced at the Centre and the provinces within a month.

Chairing a meeting of the BoI’s Board of Directors here, the prime minister also directed to ease the business-related laws in light of the board’s recommendations to remove unnecessary conditions. The meeting discussed the measures to promote local and foreign investment, remove impediments, establishment of special economic zones, facilitation of the industrial sector and the business community at the federal and provincial levels.

The BoI chairman presented to the prime minister the first draft of the proposed new strategy for 2020-2024 on investment that would be finalised in accordance with the suggestions by the board members. The prime minister was apprised that the BoI has initiated the process to bring harmony among various federal and provincial laws related to the business sector. It was told that the BoI is also mulling over the laws concerning the special economic zones to make them business friendly.

he prime minister said it is among the government’s priorities to encourage and facilitate the investors. He viewed that the disharmony among the federal and provincial laws, unnecessary regulations for the business, sadist tendency in relevant government institutions and corrupt practices have created trouble for the business community that has also stagnated the industrial development. He said the government is taking full advantage of a huge number of young population, low-cost workforce and the government’s liberal investment policies, which are providing a conducive atmosphere for the investment.

Separately, Prime Minister Imran Khan chaired a meeting to review the progress on legal and administrative matters regarding implementation of Naya Pakistan Housing Programme. The meeting was attended by Law Minister Dr Farogh Naseem, Minister for Economic Affairs Hamad Azhar, Finance Advior Dr Abdul Hafeez Sheikh, Trade Advisor Abdur Razak Dawood, Chairman Board of Investment Zubair Gilani, Secretary Housing Dr Imran Zeb and Chairman Naya Pakistan Housing Authority Anwar Ali.