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Pakistan, China signs 20 MoUs under CPEC

06:20 PM | 12 Aug, 2015
Pakistan, China signs 20 MoUs under CPEC
ISLAMABAD (Online) - Different companies of Pakistan and China have signed 20 memorandum of understandings (MoUs) worth $2 billion in different sectors, as part of the China Pakistan Economic Corridor (CPEC).

An association of 35 Chinese companies has been established to encourage companies to invest in the CPEC project.

Federal Minister for Planning and Development Ahsan Iqbal, senators Mushahid Hussain Syed, Hasil Bizenjo, Afrasiab Khattak, Nuzhat Saddiq, Nawabzada Saifullah Magsi and Balochistan Minister for Planning Hamid Khan Achakzai witnessed the MoUs ceremony.

Meanwhile, a two days historic convention of the CPEC Karamay-Xinjiang Forum ended with a declaration to focus on enhancing cooperation between the two countries in diversified fields.

The writer is a member of the staff.


PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 9 April Forex Rates

Pakistani rupee remains largely the same against US dollar and other currencies in open market on April 9, 2024.

US Dollar rate in Pakistan

On Tuesday, the US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro was quoted at 299.5 for buying and 302 for selling while British Pound stands at 350 for buying, and 354 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 8 April 2024


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