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Ahead of the game at OBOR Summit

01:15 PM | 15 May, 2017
Ahead of the game at OBOR Summit
In continuation of Pakistan’s delegation’s visit to China, Chief Minister Punjab’s engagements also gained momentum. There is no denying that Pakistan enjoys great harmony and bilateral relations with Turkey. This was reaffirmed and demonstrated again as the Prime Minister of Pakistan Nawaz Sharif and Chief Minister Punjab Shehbaz Sharif met Turkish President Recep Tayyip Erdogan on the Chinese soil. In meeting with the Turkish President, matters of mutual interest, enhancing Pak-Turk relations and improving cooperation in different sectors were discussed.

Chief Minister Punjab especially mentioned that he was greatly pleased to meet his ‘dear brother’ Erdogan in Beijing. The meeting was followed by world media.



"Turkey and Pakistan are moving towards development and prosperity hand in hand. Current prosperity in Turkey is a result of your vigorous leadership and Turkish government's hard work, the spirit of social welfare and exemplary vision." –Chief Minister Punjab.

Tweeted CM Shehbaz:

‘Had very fruitful meetings with President Xi Jinping & Premier Li on the sideline of Belt & Road Forum. Discussed ways to benefit from OBOR Initiative.... Meeting with President Erdogan in Beijing was an occasion to talk about massive opportunities available under OBOR for Pak-Turkey ties to benefit from.... Pak-China & Pak-Turkey relations under OBOR Initiative have been revitalised. Our peoples will gain massively from it – ss’



Another significant event was the Pakistani delegation’s meeting with China's delegation from National Energy Administration (NEA) led by Mr Nur Bekri. Not only that, MoU signing with NEA regarding the roadmap for power projects under CPEC was also witnessed by PM Nawaz, CM Shehbaz and others.

On this occasion, Chief Minister Punjab represented Punjab and said Punjab is facilitating development of Independent Power Projects (IPPs) and public power projects development with an aggregate capacity of more than 8,000 MW. Projects he mentioned include 1320 MW Sahiwal Coal Fired Power Plant (CFPP), 660 MW Muzaffargarh CFPP, 1320 RahimYar Khan CFPP, 660 MW Rahim Yar Khan CFPP and 1000 MW Quaid e Azam Solar Power Park.



Today’s engagements hold great importance as well, not only for the province but also for the global image of Pakistan. Chief Minister Punjab attended the inaugural session of "One Belt One Road (OBOR)" Summit at China National Convention Center (CNCC) along with Chief Ministers and federal ministers. Chief Minister Punjab Shehbaz Sharif also delivered a speech on ‘connectivity of people’ at a ‘Thematic Session on People-to-People connectivity’ at BRF 2017. In his address, the Chief Minister mentioned that the Belt and Road Summit provides a wonderful forum to boost cooperation, build cooperative frameworks & share cooperation outcomes. Acknowledging President Xi Jinping’s Belt and Road Initiative, CM called it an innovative and trailblazing concept. He added that Pakistan considers President Xi’s initiative not only bold and futuristic but also epic and historic.



Before the address, Chief Minister Shehbaz was interviewed by People’s Daily China. He also spoke to China Radio International (CRI) and congratulated the country on the successful organisation of One Belt One Road Summit’ 2017.

Conclusively, the way this Summit and its long-term effects are being acknowledged by the world leaders, it is becoming clearer that the OBOR Summit holds immeasurable importance for Pakistan. Not to be neglected, Chief Minister Punjab, so far, has been able to play an integral role by talking about connectivity, opportunity, stability and peace on all possible forums at the summit.

Nonetheless, all these events contribute to the realisation that the time has come for Pakistan to break free of anything causing hindrances to growth, cooperation and unity in today’s world. Acceptance and innovation are the keys. The world is changing, so should we!

The writer is a student of Mass Communications at Punjab University and a blogger

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
 
76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
 
1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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