Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Foreign firms boost AI-powered investment strategies for China-Xinhua

February 2, 2026

Investigators trace FC HQ suicide attack to Afghanistan

February 2, 2026

Polio campaign faces challenge as Basant brings influx of children to Lahore

February 2, 2026
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Pakistan approves $8 million severance payment for PIA-owned Roosevelt Hotel in New York
Pakistan

Pakistan approves $8 million severance payment for PIA-owned Roosevelt Hotel in New York

i2wtcBy i2wtcMay 24, 2024No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Islamabad and Beijing hold crucial investment meeting, safety of Chinese workers tops agenda

KARACHI: Pakistan and China will hold the 13th virtual meeting of the Joint Cooperation Committee (JCC) on China Pakistan Economic Corridor (CPEC) today, Friday, with safety of Chinese organisations and personnel working in the South Asian country expected to top the agenda.
China is Pakistan’s main ally and investor, but separatists and other militants have attacked Chinese projects and killed Chinese personnel in recent years, including five Chinese workers killed in a suicide bomb attack on March 26 while en route to the Das hydroelectric project in Pakistan’s northwestern Khyber Pakhtunkhwa province.
The hydropower project falls within the China-Pakistan Economic Corridor (CPEC), the flagship project of China’s Belt and Road Initiative, through which China has pledged to spend more than $65 billion on roads, rail and other infrastructure in the South Asian country of 241 million people.
China has also been an active provider of financial support for many years to bail out its struggling neighbors, and last July it approved a two-year deferral of a $2.4 billion loan to debt-stricken Pakistan, giving the country some much-needed breathing room as it grapples with a balance of payments crisis.
“The 13th Joint Cooperation Committee (JCC) meeting of the China-Pakistan Economic Corridor (CPEC) formally began with a minute’s silence in memory of the Chinese officials who lost their lives in the recent suicide bombing,” Pakistan’s Ministry of Planning said in a statement.
“Chinese workers in Pakistan are Pakistan’s heroes and their contributions have made a great contribution to the realization of the China-Pakistan Economic Corridor initiative,” he said.
The JCC is the main decision-making body for CPEC and meets annually. The memorandum of understanding to launch CPEC was signed between Pakistan and China on July 5, 2013. Pakistan says it has since completed over 50 projects under the CPEC umbrella, worth a total of $25 billion.
But Chinese projects and interests have also come under increasing attack in recent years. March’s Dasu attack was the third major attack on Chinese interests in just over a week, following a March 20 attack on a strategic port in the southwestern province of Balochistan, where China is pouring billions of dollars into infrastructure projects, and a March 25 attack on a naval air base, also in the southwest.
Both attacks were claimed by the Balochistan Liberation Army (BLA), the most powerful of several separatist groups in Balochistan.
The city of Dazhen, home to a large dam, has been attacked before, including a bus explosion in 2021 that killed 13 people, nine of them Chinese, though no group has claimed responsibility for the attack as in the March 26 bombing.
Pakistan is facing two insurgencies: a religiously motivated extremist insurgency and an insurgency by ethnic separatists seeking independence in the southwestern province of Balochistan, which they blame for what they say is an unfair distribution of natural resources by the government.
Chinese interests have come under attack primarily by ethnic militants seeking to drive Beijing out of mineral-rich Balochistan, which is far from the site of the March 26 bombing.
Pakistan’s top economic body on Thursday approved $2.5 million in compensation for the families of Chinese workers killed in the March 26 Dasu attack.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Pakistan

Investigators trace FC HQ suicide attack to Afghanistan

February 2, 2026
Pakistan

Polio campaign faces challenge as Basant brings influx of children to Lahore

February 2, 2026
Pakistan

Sindh Assembly to host international parliamentary conference after 14 years

February 2, 2026
Pakistan

Balochistan imposes month-long Section 144

February 2, 2026
Pakistan

K-P CM opposes Tirah operation, hints at Islamabad sit-in

February 1, 2026
Pakistan

Asif says evidence links India to BLA attacks in Balochistan

February 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Foreign firms boost AI-powered investment strategies for China-Xinhua

February 2, 2026

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Foreign firms boost AI-powered investment strategies for China-Xinhua

February 2, 2026

Investigators trace FC HQ suicide attack to Afghanistan

February 2, 2026

Polio campaign faces challenge as Basant brings influx of children to Lahore

February 2, 2026
Most Popular

Starbucks is failing to reach consumers in the U.S. and China

May 3, 2024

Photographer captures elusive snow leopard images in NW China’s Qilian Mountains-Xinhua

August 25, 2025

US automakers such as GM are rapidly losing ground in China

May 6, 2024
© 2026 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.