{"id":83658,"date":"2022-02-05T10:23:00","date_gmt":"2022-02-05T05:23:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83658"},"modified":"2022-02-04T15:25:45","modified_gmt":"2022-02-04T10:25:45","slug":"china-pakistan-signs-agreement-for-industry-promotion","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/china-pakistan-signs-agreement-for-industry-promotion.html","title":{"rendered":"China Pakistan signs agreement for industry promotion"},"content":{"rendered":"\n<p>Islamabad: China and Pakistan on Friday (February 04) signed a framework agreement to establish a Joint Working Group (JWG) for the development of industry in the country, news sources reported. The framework will work under the flagship China Pakistan Economic Corridor (CPEC).\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/joint-ventures-crucial-industrial-developmen-cpec-phase-2-rong.html\" target=\"_blank\" rel=\"noreferrer noopener\">Joint ventures crucial for industrial development under CPEC Phase II: Rong<\/a><\/p>\n\n\n\n<p>Reportedly, the agreement was signed during a four-day visit of Prime Minister (PM) Imran Khan to China for the inauguration ceremony of the Beijing Winter Olympics. It was highlighted that the JWG on Industrial Cooperation will work to attract foreign direct investment (FDI), promote industrialisation and economic zone development, and start, organise, implement, and monitor initiatives in both the public and private sectors. The agreement will focus on the development and promotion of industrialisation, development of <a href=\"https:\/\/www.zameen.com\/news\/cpec-phase-ii-jobs-prosperity.html\" data-type=\"post\" data-id=\"81476\" target=\"_blank\" rel=\"noreferrer noopener\">more industrial zones and management and promotion<\/a> of the labour market.\u00a0\u00a0<\/p>\n\n\n\n<p>Moreover, it was reported that the present framework agreement has been drafted keeping in view the 2018 Memorandum of Understanding (MoU) between the two countries to form a consensus over the industrial policy development. After extensive consultations, the MoU was signed between the National Development &amp; Reform Commission (NRDC) and the Chinese government.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/hakla-di-khan-motorway-inaugurated.html\" target=\"_blank\" rel=\"noreferrer noopener\">CPEC Western Route\u2019s Hakla-DI Khan Motorway opens to traffic<\/a><\/p>\n\n\n\n<p>The MoU was decided to be converted into an agreement after the launch of CPEC Phase-II in 20<a href=\"https:\/\/www.zameen.com\/news\/development-sezs-cpec-phase-ii.html\" data-type=\"post\" data-id=\"82493\" target=\"_blank\" rel=\"noreferrer noopener\">20<\/a>, which is mainly concerned with the development of SEZs.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: China and Pakistan on Friday (February 04) signed a framework agreement to establish a Joint Working Group (JWG) for the development of industry in the country, news sources reported. The framework will work under the flagship China Pakistan Economic Corridor (CPEC).\u00a0\u00a0 Read: Joint ventures crucial for industrial development under CPEC Phase II: Rong Reportedly, the agreement was signed during a four-day visit of Prime Minister (PM) Imran Khan to China for the inauguration ceremony of the Beijing Winter Olympics. It was highlighted that the JWG on Industrial Cooperation will work to attract foreign direct investment (FDI), promote industrialisation and economic zone development, and start, organise, implement, and monitor initiatives in both the public and private sectors. The agreement will focus on the development and promotion of industrialisation, development of more industrial zones and management and promotion of the labour market.\u00a0\u00a0 Moreover, it was reported that the present framework agreement has been drafted keeping in view the 2018 Memorandum of Understanding (MoU) between the two countries to form a consensus over the industrial policy development. After extensive consultations, the MoU was signed between the National Development &amp; Reform Commission (NRDC) and the Chinese government.\u00a0 Read: CPEC Western Route\u2019s Hakla-DI Khan&hellip;<\/p>\n","protected":false},"author":84,"featured_media":63240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[50988,50989,42055,30424],"persona":[],"class_list":{"0":"post-83658","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-china-pakistan-signs-agreement-for-industry-promotion","9":"tag-cpec-agreement","10":"tag-cpec-joint-working-group","11":"tag-cpec-phase-ii","12":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China Pakistan signs agreement for industry promotion - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: China and Pakistan on Friday (February 04) signed a framework agreement to establish a Joint Working Group (JWG) for the development of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/china-pakistan-signs-agreement-for-industry-promotion.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Pakistan signs agreement for industry promotion - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: China and Pakistan on Friday (February 04) signed a framework agreement to establish a Joint Working Group (JWG) for the development of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/china-pakistan-signs-agreement-for-industry-promotion.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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