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PM congratulates Chinese leadership on 65th anniversary of Pak-China ties

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ISLAMABAD, May 21 (APP): Prime Minister Muhammad Nawaz Sharif has congratulated and conveyed his best wishes to President of the People’s Republic of China Xi Jinping and his Chinese counterpart Li Keqiang, Premier of the State Council of the People’s Republic of China, on the auspicious occasion of 65th anniversary of establishment of Pak-China diplomatic ties.

The Prime Minister, in his separate messages, said Pakistan was the first Muslim state to recognize China.

Over the past 65 years, relations between Pakistan and China had grown from strength to strength, evolving and expanding into an all-weather cooperative strategic partnership, he noted.

PM has list of development projects contrary to Khan’s hallow allegations: Pervaiz

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ISLAMABAD, May 21 (APP): Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid Saturday said Prime Minister Muhammad Nawaz Sharif always took along a list of development projects in public gatherings, whereas Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan carried a list of allegations to mislead the people.

The minister, in a statement, said Imran Khan had been repeatedly telling lies and was exposed badly. Those who had been seeking explanations from others, were now compelled to give explanations themselves, he added.

The ‘Public Court’ had rejected the allegations of the PTI chief in every city of the country, he remarked.

Political unrest must not affect economic stability: Dar

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ISLAMABAD, May 21 (APP): Minister for Finance Muhammad Ishaq Dar on Saturday called for ensuring that the economic gains were not affected due to any political unrest in the country.

“During last three years, the Pakistan Muslim League-Nawaz (PML-N) government has been able to stabilize the dwindling economic conditions as has been endorsed by 22 major international rating agencies,” Dar said while addressing a pre-budget seminar organized by Duniya Media Group here.

The Finance Minister asked the opposition to sit with the government and evolve a ‘charter of economy’ for a more robust economic growth.

President felicitates Chinese leadership on 65th anniversary of Pak-China relations

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ISLAMABAD, May 21 (APP): President Mamnoon Hussain has conveyed to the Chinese leadership, the deepest felicitations of the government and people of Pakistan on 65th anniversary of the establishment of diplomatic relations
between two friendly and brotherly countries.

President Mamnoon, in his message to President People’s Republic of China Xi Jinping, said in the past 65 years, Pakistan had strengthened friendship, deepened mutual trust and expanded cooperation with China.

“Our relationship has been elevated to a robust all-weather cooperative strategic partnership and has grown to encompass many areas of cooperation, including economy, trade, science and technology, people-to-people contacts, culture and education,” he was quoted as saying in a press release issued by the Foreign Office on Saturday.

CPEC a game changer in South Asia

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By Altaf Hamid Rao

MIRPUR (AJK): May 21 (APP): The ever-lasting deep-rooted friendly and brotherly relations between the two neighboring countries of Islamic Republic of Pakistan and Peoples Republic of China are crystal clear to the entire world as model of true friendship.

These bilateral relations between both of the countries always stood with the high decorum with the ever-existing reality and spirit of its categorical status of higher than Himalaya and Deeper than Sea.

It could be assessed through the reality that Beijing always firmly stood united with Islamabad at all times as and when needed both in peace and emergency hours.

Interest rate cut by 25 basis points at 5.75%

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KARACHI, May 21 (APP): State Bank of Pakistan (SBP) on Saturday announced to reduce its policy (interest) rate by 25 basis points from 6.0 percent to 5.75 percent.

In its monetary policy statement unveiled here, SBP said towards the end of fiscal year 2015-16, macroeconomic conditions continued to improve.

Headline CPI inflation, despite its continuous increase on year-on-year (YoY) basis, would remain below its 2015-16 annual average target of 6 percent.

China always supported Pakistan’s stance on Kashmir issue: Barjees

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ISLAMABAD, May 21 (APP): Federal Minister for Kashmir Affairs and Gilgit-Baltistan Chaudhry Muhammad Barjees Tahir on Saturday said China, being the time-tested friend, had always supported Pakistan’s principled stance on the longstanding Kashmir issue with India.

“Pakistan-China friendship is higher than Himalayas, deeper than oceans and sweater than honey,” he said in an interview with APP in connection with the 65th anniversary of diplomatic relations between Pakistan and China.

China, he said, had effectively helped Pakistan in diverse fields including setting up of basic infrastructure to overcome energy crisis, economic development and supported Pakistan’s view points on different international issues at every fora.

Various goals of country’s development to be achieved under CPEC: Envoy

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ISLAMABAD, May 21 (APP): Pakistan’s Ambassador to China Masood Khalid Saturday said various goals of the country’s development would be achieved under the China-Pakistan Economic Corridor (CPEC) project.

Various energy and infrastructure projects had been started under the CPEC which would bring economic development and progress in the country, he said while talking to PTV.

He said 65th anniversary of Pak-China diplomatic relations, which had strengthened over the years, was being celebrated. The relations were at a defining stage, which would go further fast after the completion of CPEC project as per envisioned by the Chinese President, he added.

China’s economic growth benefiting Pakistan economy

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LAHORE, May 21 (APP): China’s economic growth is benefitting Pakistan’s economy, as Chinese interest here is to attract foreign investors in this country.

This was stated by Shah Faisal Afridi, President Pak-China Joint Chamber of Commerce and Industry (PJCCI) in a exclusive interview with APP.

Shah Faisal Afridi said reliable and steadfast friendship between China and Pakistan is considered as an example all over the world and its economic benefits for Pakistan are getting more imminent day by day.

Lok Virsa organizes screening of classic film ‘Aaina’

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ISLAMABAD, May 21 (APP): Lok Virsa Mandwa Film Club on Saturday organized screening of classic film ‘Aaina’ here at Lok Virsa Media Centre.

Bahaar Begum was the special guest on the occasion. Bahar Begum is an actress best known for many movies since 1956. She was first introduced to film industry by the renowned film director Anwar Kamal Pasha in film Chann Mahi (1956).

The film Aaina was produced in 1977 and directed by Nazr-ul-Islam. The film starred Shabnam and Nadeem in the lead roles and holds the distinction for being the longest running Pakistani film at the cinemas on record.