Government authorizes CPEC business visa to facilitate Chinese investors: Fawad

ISLAMABAD – The federal cabinet has decided to grant the approval of a special CPEC business visa to facilitate Chinese investors, with the aim of stimulating investment in the country, said Fawad Hussain Chaudhry, Minister of Information and Broadcasting. Informing the media with Planning Minister Asad Umar of the decisions taken at the Cabinet meeting held here on Tuesday with Prime Minister Imran Khan as President, he said the Cabinet has decided that Chinese citizens will be granted visas. entry to work for a period of two years, from Pakistan’s overseas missions within 48 hours and their subsequent security clearance will be carried out within 30 days.

He said that separate offices will be established to consider requests relating to the CPEC in the missions of the Ministry of Interior and Pakistan.

The Information Minister said the Cabinet appreciates the economic team for leading the country to stability despite the challenge posed by Covid-19 and the flawed policies of previous regimes.

He said electronic voting machines are an important part of PTI’s electoral reforms in the country. He said overseas voters are an important program of our electoral reforms. He said the Election Commission should take immediate steps to integrate them into our electoral process.

He said the electronic voting machine is loved by different segments of society, including bar associations.

He said journalists associations including the Association of Parliamentary Journalists, various press clubs and bar associations have expressed their willingness to hold their respective elections using EVMs (electronic voting machines).

He said the Cabinet appreciates the improved relations between Turkey and Saudi Arabia, as it will be beneficial for the Muslim Ummah.

He said Prime Minister Imran Khan appreciated Foreign Minister Shah Mahmood Qureshi for successfully raising the issue of Palestine in international forums. He said the Prime Minister said that Pakistan has taken a leading role on the question of Palestine and the Cabinet also praised the role of Shah Mehmood Qureshi and Pakistan’s Foreign Ministry in this regard. .

He said the forum approved the formation of a committee to consider Tehrik e Labbaik Pakistan’s request for the ban to be lifted. After considering the request, the Committee will present its recommendations to Cabinet, he added.

The minister said cabinet had met 226 times during the tenure of Pakistani government Tehreek-e-Insaf (PTI).

Sharing a brief comparison from 2008 to date, Fawad said only 23 Cabinet meetings had taken place during the five-year tenure of the Muslim League of Pakistan-Nawaz (PML-N), which claimed to honor the sanctity of the vote. (Vote Ko Izzat Do), and it met 67 times during the Pakistan People’s Party (PPP) government.

He said no Cabinet Committee meeting had taken place during the tenure of the PML-N and the PPP.

On the issue of institutional reforms, public enterprises, national economic reforms, CPEC and privatization, six meetings were held within the PPP government while 21 meetings were held under the mandate of PML-N.

He added that a total of 720 Cabinet Committee meetings have taken place, including 382 in the PTI government, 193 in the PML-N government and 145 in the PPP government.

He said the comparison hinted at the current PTI government working effectively on the legislation.

He said today’s Cabinet meeting was a paperless meeting.

He said the Cabinet had decided to provide medical assistance to Bosnia to contain the coronavirus pandemic.

The minister said the cabinet approved the cantonment council elections and ordered the defense ministry to make all arrangements in this regard.

The Cabinet also approved the creation of a new PTV Board of Directors.

The Information Secretary will be the chairman of the new PTV board while the managing director of Radio Pakistan has also been included among its members.

He said the Prime Minister’s adviser on parliamentary affairs, Dr Babar Awan, briefed the Cabinet meeting on electoral reforms.

He said the Cabinet also approved the appointment of Rehan Hamid as CEO of Hyderabad Electric Supply Company.

He said the Cabinet also approved the decisions taken at the meeting of the Cabinet Committee on Institutional Reforms, which was held on April 29, 2021.

The Cabinet also approved the appointment of Aizaz Ahmed as the general manager of NTDC.

The information minister said the summary of the appointment of the CEO of the Pakistan Housing Authority Foundation has been postponed.

The Cabinet also approved the appointment of Munir Azam as chairman of the Pakistan Tobbaco Company.

Responding to a question, the Minister of Information said that PDM has been broken and that no alliance can house PDM now.

Giving details on the positive economic indicators, Federal Planning, Development, Reform and Special Initiatives Minister Asad Umar said the country’s economy was improving, adding that the Prime Minister’s measures during the coronavirus pandemic have proven positive in bringing the country’s economy towards improvement.

He said the world recognized that during the coronavirus pandemic, Pakistan had taken better steps and that the positive effects of economic stability were visible to all.

Asad Umar said the production of major crops, including rice and corn, has also increased and wheat production targets have been met.

He said Prime Minister Imran Khan had also taken initiatives for the stability and improvement of the oppressed layers of society.

He said the National Accounts Committee published something about the growth rate that no one had thought of before.

Despite the coronavirus challenge, the positive economic indicators are a great achievement as the SBP took timely steps to stabilize the country’s economy, he added.

The planning minister said the government was pursuing the strategy of avoiding the coronavirus on one side and preventing poverty from growing in the country.

He said that half of Pakistan’s population is associated with agriculture in any form, while the cotton crop was not good, the wheat crop was the best in terms of production in the country. during the current year.

He said three out of four crops in Pakistan produced a historic production with an increase in the production of wheat, rice and corn, the second largest production in the history of sugar cane in the country, the manufacturing large-scale increases by more than 10 percent per month, compared with April, a 20% increase was reported.

He said that if we compare this year with our region and the West, the work done on part of Pakistan is remarkable.

He said that an exemplary program has been implemented in the history of Pakistan which has provided financial assistance to the people and 200 billion rupees has been disbursed among the people under the Ehsas program.

He said SBP made crucial decisions and played a key role in a timely manner. Pakistan got out of trouble earlier than the rest of the world, Asad Omar said.

He added that Prime Minister Imran Khan has personally led construction companies in different sectors of the mobile construction industry in the country.

The Federal Minister said that over 60% of the population is dependent on agriculture, tractor sales have increased by 54% and wholesale is a huge sector in Pakistan, the economy is growing rapidly even after of the coronavirus pandemic, Prime Minister Imran Khan’s team got the economy back on its feet with subsequent stability.

The Planning Minister praised former Finance Minister Abdul Hafeez Sheikh and said he had played a positive role in improving the economy, but the secret to Imran Khan’s success is that he did not he is never satisfied, the good team, he said, is the one who thinks after winning what they could do even better.

He said the prime minister decided during the coronavirus pandemic that the poor should be saved from the consequences of the coronavirus pandemic.

He said Pakistani expatriates sent record remittances to Pakistan.

The minister said loans received by the private sector for direct investment increased 126 percent, boosting small businesses while large-scale manufacturing grew 9 percent.

He expressed the hope that with all these indicators, the country’s economy will shift from stability to development.

About Eleanor Blackburn

Check Also

As Donbass fighting rages, Syevyerodonetsk and Lysychansk are ‘ghost towns’, says Zelenskiy

Ukrainian President Volodymyr Zelenskiy says a ‘threatening situation’ has developed in Zaporizhzhya, where Russian troops …

Leave a Reply

Your email address will not be published.