China Tops FDI in Pakistan
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Soon From LAHORE & KARACHI A sister publication of CENTRELINE & DNA News Agency www.islamabadpost.com.pk ISLAMABAD EDITION IslamabadMonday, October 19, 2020 Pakistan’s First AndP Only DiplomaticO Daily STPrice Rs. 20 EU envoy praises Ties with Saudi Olyntho Vieira Pak rural women Arabia are historic, new Brazil envoy struggle for rights says FM Qureshi to Pakistan Briefs China tops Hekmatyar arrives today FDI in Staff RepoRt ISLAMABAD: Afghani- stan’s for- Pakistan mer prime minister and China’s FDI is proving as a breather for Hizb-e-Islami chief Engi- Pakistan as except China the rest of FDI’s neer Gulbud- din Hekmatyar is arriving outlook has presented a bleak outlook in Islamabad today on a fiscal. Chinese inflow as FDI in Pakistan has three-day visit on the gov- Staff RepoRt / DNa become a sign of booster for Pakistan econ- ernment invitation. omy. Over the last 9 years consecutively, Foreign Minister Shah ISLAMABAD: In terms of Foreign Direct China has been securing as biggest source Mahmood Qureshi had ex- Investment (FDI) 2020-2021, China has country pumping up investment in Pakistan. tended an invitation to Hek- consolidated its first position as topmost Cumulatively in the first half (Jul-Dec) of the matyar as part of Pakistan’s FDI country in Pakistan, according to a re- fiscal year 2019-2020, China invested a net policy of engagement with port published by Gwadar Pro on Sunday. $422.5 million compared to $217.1 million LAHORE: Firefighters struggling to extinguish fire erupted at Hafeez Centre. – DNA Afghan leaders. Pakistan It poured $103.6m during the first quarter of in the same period of 2018-2019. has planned to invite other FY21 in comparison to $55.4m last fiscal year. During 2013 to 2018, Pakistan received US Afghan leaders to discuss Meanwhile, Hong Kong also increased FDI to $11.96 billion worth of net Foreign Direct Massive with them Pakistan’s coop- $38.4m during the first quarter compared to Investment (FDI). Year wise data manifested fire erupts Pak slams Armenian eration in the peace process just $6.9m in the same period last fiscal year. that during 2012-13, net inflow of FDI was and bilateral relations. The data mentioned above has been re- posted at US $1.456 billion, while during at Hafeez He will also speak at the In- leased by State Bank of Pakistan (SBP). 2013-14, the net FDI was registered at $1.699 PM’s statement stitute of Policy Studies in China’s FDI is proving as a breather for billion, and in 2014-15, the total FDI stood at Centre Islamabad. Pakistan as except China the rest of FDI’s $987 million. Similarly $2.3 billion worth of “For our part, we wish to make clear that Pakistan outlook has presented a bleak outlook. FDI flowed to Pakistan during 2015-16, $2.746 abiD Raza has consistently extended diplomatic, moral ‘PDM’s As per SBP’s recent data, Foreign direct in- billion in 2016-17 and $2.767 billion in 2017-18. vestment (FDI) into the Pakistan dropped According to data issued by State Bank of Pa- LAHORE: A huge fire erupt- and political support to Azerbaijan” campaign 50.7 per cent year-on-year in September kistan (SBP), China emerged as highest inves- ed at Hafeez Center shopping to $189 million against $383.5m last year. tor with $4.966 billion during the period fol- plaza in Lahore’s Gulberg getting The flight of FDI from United States fell to lowed by UK, which made FDI of $1.6 billion. area on Sunday morning Nihal MiRaj PM wishes Independence $18.9m compared to $26.5m in the previous Continued on Page 06 which gutted several shops decisive’ and valuables worth millions. ISLAMABAD: Pakistan has Day to Azerbaijan The fire fighting teams have categorically rejected the ISLAMABAD: Prime Minister Imran Khan on Sunday ex- DNa so far become unsuccessful baseless and unwarranted tended felicitations to Azerbaijan as the country celebrat- in douse the blaze and are comments by the Armenian ed its 29th Independence anniversary. LAHORE: Pakistan Mus- India stuck in difficult Prime Minister Nikol Pash- busy in evacuating people in In a tweet, the premier paid tribute to Azeri forces “for lim League- the building, whereas some inyan that Pakistan’s armed valiantly defending their territorial integrity” and reit- N a w a z people remained trapped at forces fought along with the erated Pakistan’s support in its quest to resolve the Na- (PML-N) situation: Moeed Yusuf the roof terrace. Azerbaijani army in the Na- gorno-Karabakh dispute as per UNSC resolutions. vice presi- Rescue officials summoned gorno-Karabakh region. We “I extend warmest felicitations to (President) Ilham Ali- dent Mar- He said India has been using Afghan territory more vehicles of the fire bri- have seen the transcript of yev and fraternal people of Azerbaijan on their Independ- yam Nawaz against Pakistan and creating misunderstandings gade and other equipment Armenian Prime Minister’s ence Day,” the prime minister wrote on Twitter. on Sunday has said that she from other districts. On the interview on 15 October Azerbaijan first declared independence from the Russian and her party leaders are ISLAMABAD: Special As- other hand, traders started with a Russian TV referring Tsar under the chairmanship of Mehmet Emin Resulzade not afraid of being arrested. sistant to the Prime Min- ‘Nawaz targeting state taking out valuable items in- to some unsubstantiated re- on May 28, 1918, but was occupied by the Soviet Union Talking to media before ister on National Security cluding computers, laptops ports alleging involvement after a short period of two years. – DNA leaving to attend Karachi Dr Moeed Yusuf has said on Modi’s behest’ and mobile phones from Continued on Page 06 rally, Maryam Nawaz told India is stuck in a difficult ISLAMABAD: The emerging trend of targeting state their shops on their own. that campaign against the position in Indian Illegally Punjab Chief Minister Us- institutions and dragging those into political rivalries incumbent government of Occupied Jammu and Kash- man Buzdar took notice of PDM a is totally uncalled for as armed forces have nothing to Olyntho Vieira Pakistan Tehreek-e-Insaf mir and unable to figure out the incident and ordered do with any political process in the country, a senior (PTI) is getting decisive. what to do. authorities to utilise all re- democratic security official said on Sunday. “Nawaz Sharif’s attack new Brazil envoy While responding to a ques- He said India has been us- sources for dousing the fire on military leadership is in fact attack on the Pakistan alliance: tion regarding Prime Minis- ing Afghan territory against at earliest. He asked local ter (PM) Imran Khan’s deci- Pakistan and creating mis- Army. This is the same thing Indian Prime Minister administration and Rescue to Pakistan Bilawal sion to not issue production understandings but now Narendra Modi is talking about," he said. “Indian news- 1122 to take every neces- In 2005 he presented a thesis titled orders, Maryam Nawaz said Pakistan has managed to papers are praising Nawaz Sharif and giving extraor- sary step for saving the lives that those who think that improve the situation. dinary coverage to his anti-army statements. PML-N’s and assets of the citizens. International Refugees Protection: DNa VIP protocols are being giv- Talking to a news agency in agenda is gradually coming before the masses. Nawaz the use of resettlement in third KARACHI: Chairman of Pa- en to the opposition leaders Islamabad, he said India's Sharif is playing in the hands of the enemies of Paki- Prayers kistan People’s Party (PPP) in jails are wrong. move of August 5, 2019 had stan,” the official said. The comments were made days countries as the least solution and Bilawal Bhutto Zardari Sun- expectedly backfired and after Pakistan-Muslim League-Nawaz chief Nawaz Sha- resumed at burden sharing to the program day said that Pakistan Dem- PDM holding it has lost Kashmir for all rif hurled baseless allegation against the military lead- ocratic Movement (PDM) practical purposes. – APP ership at a rally of PDM in Gujranwala. – APP Grand Mosque of high studies at the Brazilian is a political alliance of planless diplomatic academy democratic parties, which ageNcieS will overcome challenges of shows: Shibli foreign policy and economy. MAKKAH: Saudi Arabia is Staff RepoRt / DNa Bilawal Bhutto, in his state- allowing its citizens and res- DNA ISLAMABAD: Olyntho Vie- ment on 13th anniversary of idents inside the kingdom to Karsaz bombings, paid trib- ira has been appointed new ISLAMABAD: Federal perform daily prayers at the ute to martyrs of the bomb- Minister for Grand Mosque in Mecca, the ambassador of Brazil to Paki- ing and said that workers of Information holiest site in Islam, for the stan. Mr. Vieira is a seasoned PPP embraced martyrdom and Broad- first time in seven months. diplomat having served in for supremacy of constitu- casting Sen- Sunday also marked the various Brazil missions. He tion and democracy. ator Shibli start of the second phase of joined the Ministry of Exter- Bilawal, while responding Faraz says the gradual return of citizens nal Relations in 1984. After to statement of Prime Min- the opposition alliance of and residents to performing graduating from the Diplo- ister Imran Khan, said that the Pakistan Democratic the Umrah – an Islamic pil- matic Academy in 1985, he started his tenure as Third Secre- movement will continue Movement (PDM) only busy grimage to the holy cities of tary of the Diplomatic Service of Brazil, assigned to Personnel despite threats from Imran in holding shows which has Mecca and Medina under- Payments Division where he remained up to 1988.