Chinese language Ambassador meets Finance Minister to debate Chinese language President’s go to


Chinese language Ambassador Solar Weidong met Finance Minister, Senator Mohammad Ishaq Dar right here discussing preparations for the forthcoming go to of Chinese language President to Pakistan.

The Chinese language Envoy appreciated institution of particular committee by Prime Minister Nawaz Sharif to take care of all of the preparations of the go to. He mentioned, this step demonstrated the extent of significance that the federal government connected to this go to and hoped that underneath the steering of Minister Dar, the Committee would be capable to contribute its finest arranging all of the occasions ranging from the arrival, holding of conferences and signing of a bunch of agreements/MoUs which he mentioned, could be the hallmark of this go to.

The Finance Minister mentioned that the entire Pakistani nation appeared ahead to receiving the nice Chinese language chief and this go to would function a brand new milestone in Pak-China relationship. The Minister on the event apprised the Chinese language Ambassador in regards to the decision on Yemen, handed within the nationwide meeting, which additionally carried particular gratitude to China for serving to out stranded Pakistanis in Yemen. Solar Weidong thanked the Pakistan authorities on this gesture and added China was additionally grateful to Pakistan for evacuating Chinese language college students from the battle affected areas in Yemen.

Furthermore, Finance Minister, Senator Mohammad Ishaq Dar right here chaired a gathering of senior federal and Punjab authorities vitality and finance officers on measures to make sure clean and common provision of LNG for the three 3600 MW (1200 MW every) energy vegetation proposed to be constructed at Kasur, Sheikhupura and Jhang districts within the province of Punjab. The Ministry of Water and Energy has already sought approval of tariff charges from Nationwide Electrical Energy Regulatory Authority (Nepra) for LNG-based energy initiatives in Punjab, the assembly was knowledgeable.

The assembly was additionally apprised that the Federal Authorities had deliberate to put a 1,100 KM North-South pipeline to move LNG. In addition to, augmentation of current pipeline was additionally being hunted for which financing was required. The assembly mentioned numerous choices for financing on this regard.

Secretary, Ministry of Water and Energy seen that the choice of twin gasoline facility is also thought of for these vegetation as an alternative of confining them to make use of of LNG. In case of any problem in LNG provide at any level of time the vegetation might simply be run on alternate gasoline, he mentioned.

Finance Minister Dar mentioned that Ministries of Finance, Planning & Growth, Ministry of Water and Energy and the Punjab Vitality Division officers might have joint consultations to plot a mechanism for provide of LNG for these vegetation and associated issues, inside per week and a choice could be taken upon his return from Washington after attending IMF/World Financial institution spring conferences.

Secretary Ministry of Water and Energy, Younus Dhaga, Advisor Finance Division, Rana Assad Amin, Further Secretary Finance, Azra Mujtaba, Further Chief Secretary, Punjab, Dr. Jahanzeb and different federal and Punjab governments officers attended the assembly.

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