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29 °C 85 °F Wednesday – May 17, 2017
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Sha’aban-ul-Moazzam 20 1468 AH.
I TA L I A N COU PL E SET WORLD RECORD, SCALED 14 HIGHEST PEAKS ABOVE 28000 FT
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CPEC is flagship project of Belt and Road initiative: PM SIGNED MOU WITH CHINESE TECH GIANT “ALIBABA GROUP”
An Italian couple climbed Mt Annapurna (8,091 m) becoming the first couple to successfully summit all 14 peaks above 8,000m. Romano Benet and Nives Meroi successfully climbed Mt Annapurna, their final 8000er, without using the bottled oxygen, according to the expedition organiser. Romano (55) and his wife Meroi (56) stood atop the world’s 10th highest peak on Thursday 11th MAY, morning, Beni Hyoju, Senior Manager at Cho Oyu Treks, quoted the climbers as saying from the mountain. Meroi also became the second woman climber to complete all 14 peaks above 8,000 m without oxygen support, she said. According to the official data, Austrian climber Gerlinde Kaltenbr un ner climbed all 14 of the world’s 8,000-meter peaks without supplemental oxygen in 2011 becoming the first woman climber to do so in the history of mountain climbing. “At least six persons including Spanish climbers Alberto Zerain and Johnatan Garcia also successfully climbed the peak,” she said adding that all descended safely back to base camp by this evening. Only a handful of alpinists climbed all 14 of the world’s 8,000-meter peaks without supplemental oxygen after legendary climber Reinhold Messner first completed his last 8,000-meter peak in 1986. BARRISTER MANSOOR S A R WA R P R A I S E S CM K PK FOR H IS PATRIOTIC SPEECH
We reject the approach of PM where he tried to portray CM PUNJAB his brother as more equal than other chief minister’s of the federation. We salute CM KPK; prevaiz khattak for making a highly patriotic speech rising above party politics. The PM is working on the agenda of India AMERICA and Israel and promoting a narrative that undermines our glorious ar my; which is utterly unacceptable to we the people. The incompetence of federal government can be seen in handling the gulbushan case; where India took the case to international court of justice against its own precidence in 1999 when India shot down a PAKISTAN plane and told ICJ that the court had no jurisdiction. Vienna convention does not cover spys and terrorists. As long as people and institutions do not stand in solidarity PM will undermine national security. PM fails to send a good message to the world as a consensus leader of a great Eurasian PAKISTAN
HANGZHOU Prime Minister Nawaz Sharif on Tuesday said that China Pakistan Economic Corridor (CPEC) is the flagship project of Belt and Road initiative of China. “The two countries are standing together for the prosperity and well being of their people,” he said while talking to Communist Party Secretary of Chinese province of Zhejiang, Che Jun in Hangzhou. The two leaders discussed matters of mutual interest and bilateral relations between Pakistan and China. The Prime Minister said,
“Pakistan and China are iron brothers who enjoy a relationship which is higher than the highest mountains in the world,” adding that Pakistan and China are all weather friends. Secretary of the Committee of the CPC of Zhejiang welcomed the Prime Minister and said, “Pakistan and China have the relations based on history and culture. Both the nations have door rooted connections which are transformed in people to people relationship.” Che Jun briefed the Prime Minister about Zhejiang province. He told the PM
that, “The province is the economic hub and historically is the part of Silk Route. Last year the Zhejiang did 3.5 Billion dollars business.” Pak ist an also sig ned a Memorandum of Understanding with Alibaba Group Holdings Limited to promote country’s worldwide exports by Small and Medium Enterprises through e-commerce. The agreement bet ween A l i b a b a a n d Tr a d e Development Aut hor it y of Pakistan was signed by Commerce Minister Khurram Dastgir and Michael Evans, President of Alibaba Group,
Finance Minister chairs meeting of the ECC, approved the Ramzan Relief Package 2017 The Economic Coordination Committee (ECC) of the Cabi net con side red a nd approved proposals submitted by different ministries, in its meeting held on Tuesday at the Prime Minister’s Office, chaired by Finance Minister, Senator Mohammad Ishaq Dar. T he ECC ap prove d t he Ramzan Relief Package 2017 with subsidies worth Rs. 1,602 million on 19 commodities to provide relief to the general public during the upcoming holy month of Ramzan, after considering a proposal submitted by the Ministry of Industries & Production. These commodities include wheat flour (atta), sugar, ghee, oil, pulses (channa, masoor, moong washed and mash
washed), white grams, baisen, dates, rice, squashes, black tea, milk, and spices. The commodities will be sold at subsidized rates across Pakistan through outlets of Utility Stores Corporation (USC). In addition to the relief provided by the Ramzan Package, USC will also reduce prices on over 2,400 other items under different brands from 5% to 10% by obtaining special discount from vendors/suppliers and reducing its own profit margins. The ECC decided to increase the quantity of urea approved for exports from the existing 0.3 million metric tons to 0.6 million metric tons. ECC also extended the deadline for export of urea from 28th April
2017 to 31st October 2017. These decisions were made by the ECC after considering the proposal of the Ministry of Commerce, based on the recommendations of the Fertilizer Review Committee. The ECC was informed that sufficient production and inventory of urea of domestic consumption is anticipated during Kharif 2017 for allowing export. On a proposal by the Finance Division, the ECC approved the restoration of import duty and sales tax on import of cotton with effect from 15th July 2017. The decision has been made to boost the confidence of domestic cotton growers during the upcoming sowing season.
FIA amasses details of social media accounts behind vilification drive against armed forces LA HOR E, 16 M AY (DNA) - Federal Investigation Agency (FIA) has initiated probe at the behest of interior ministry over vilification drive against army whereas the security watchdog is also amassing details of bloggers spitting venom against law enforcement agencies (LEAs) on social media. According to details, FIA officials are closely monitoring all websites filled with content against security agencies and has traced at least 12 such websites. Similarly, it has also been unearthed that some people with affiliations to different political parties are using social media as platforms to spread anti-army content and
arrests in this regard are being anticipated soon. The initial Cybercrime Bill draft, which was tabled in national assembly in 2016, contained a section which made social media campaigns against law enforcement agencies a punishable offence but later it was chopped off from the final draft. Against this backdrop, a legislation vacuum is present which bars officials from taking action against those involved in such campaigns. It is pertinent here to mention that Interior Minister Chaudhry Nisar Ali Khan has ordered strict action against all those carrying out vilification social media campaign against the judiciary and the army.
PM in Hong Kong to address One Belt One Road Pakistan Investment Forum HONG KONG, 16 MAY (DNA) - Prime Minister Nawaz Sharif has arrived in Hong Kong on a three-day official visit. During his stay in Hong Kong, he will address One Belt One Road Pakistan Investment Forum, which will be participated by leading business companies of Hong Kong and Mainland China. The Investment Forum is being organized by the Consulate General of Pakistan in Hong Kong
in collaboration with the Government of Hong Kong Special Administrative Region. The Prime Minister will also hold meetings with executives of leading business companies of Hong Kong and Mainland China. The Prime Minister will also meet Mrs. Carrie Lam, the Chief Executive-elect Hong Kong.
and Douglas Feagin, Senior Vice President of Global Business of Ant Financial, on behalf of Alibaba, during the visit of Prime Minister Muhammad Nawaz Sharif to the headquarters of the company. Alibaba Group’s Executive Chair man, Jack Ma and P r i me M i n ist e r Nawa z Sharif witnessed the signing ceremony. Under the terms of the MoU, Alibaba, Ant Financial, and TDAP agreed to foster growth of worldwide exports of products by small and medium sized enterprises (SMEs) in Pakistan through e-commerce.
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Promoting Pak-UK commercial relations
In order to promote commercial relations between Pakistan and UK, Pakistan High Commission London is actively supporting a six member delegation of Pakistan Britain Business Council (PBBC), which is planning to visit Pakistan from 18th to 28th May 2017. The delegation is being led by Mr. Julian Hamilton, Chairman PBBC and mainly comprises businessmen representing Professional & Financial Services, Manufacturing & Energy Sector, says a press release received from London here today. During the visit, the delegation will visit Karachi, Lahore and Islamabad and will meet key Govt and business representatives. They will also sign an MOU with FPCCI to promote commercial relations between the two countries. This delegation will do the ground work for the bigger trade delegation which PBBC plans to send to
Pakistan in September this year under the chair of Mr. Jack Straw Former Foreign Secretary. The Pakistan High Commission, London has also played an important role in developing linkages between PBBC and London Chamber of Commerce & Industry. The two important platforms are soon to sign an MOU in a ceremony to be hosted by this High Commission. In yet another key initiative, the
Pakistan High Commission, on the request of Government of Punjab, is sending many British Investors/ businessmen having background in financial services, professional services & infrastructure development to participate in the ‘Second Inter national Seminar on Business Opportunities in Punjab’ which is going to be held in Lahore from 22-23 May 2017. This event will result in attracting maximum Foreign Investment in Punjab.
“China and Pakistan have signed memorandums of understanding to increase the speed of the railway connecting Karachi and Peshawar, as well as upgrade its signal system and railway stations,” Zafaruddin Mahmood, Pakistan’s special envoy on CPEC said in an interview in Beijing on Tuesday. Pakistan and China have agreed to jointly upgrade the 1,600-kilometre railway linking southern and northern Pakistan as part
of a move to push forward construction of the China-Pakistan Economic Corridor (CPEC). The deals signed on the sidelines of the ongoing Belt and Road Forum for International Cooperation also include one on the construction of the Havelian land port, which is on the Karakoram Highway that connects Pakistan and Kashgar in China’s Xinjiang Uygur autonomous region. The Havelian land port will serve as a transfer
station where goods shipped from China can be loaded from trucks to trains after the planned China-Pakistan railway connecting Gwadar Port and Kashgar is completed, he said. Gwadar Port in southwestern Pakistan is at the Strait of Hormuz, which has been seen as pivotal to securing an energy route for China. It is currently under the management of Chinese Overseas Port Holdings Ltd.
Pakistan-China agreed to renew 1,600km railway linkage