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Shehbaz Sharif delivers extempore speech at OBOR Summit 2017, focuses on development and progress

05:05 PM | 14 May, 2017
Shehbaz Sharif delivers extempore speech at OBOR Summit 2017, focuses on development and progress
BEIJING - Chinese initiative of One Belt and One Road (OBOR) has the potential to bring about lasting peace, stability and economic integration in the region, Punjab Chief Minister Shehbaz Sharif said on Sunday.

https://www.youtube.com/watch?v=37old9SdIec&feature=youtu.be

"OBOR is an effective recipe to overcome the scourges of terrorism by empowering the people," the chief minister said while speaking at the Belt and Road Forum for International Cooperation in Beijing.

Interestingly, due to Shehbaz Sharif’s contributions to China-Pakistan Economic Corridor (CPEC) and his development expertise, Chinese leadership specially requested him to share his thoughts on the OBOR project.

Shehbaz, who is the younger brother of Prime Minister Nawaz Sharif, didn’t take any notes to stage and spoke his heart out on Pak-China friendship and development for about 15 to 20 minutes.

"This and Road Summit provides a wonderful forum to boost cooperation, build cooperative frameworks and share cooperation of outcomes," said the chief minister of Pakistan's most developed province, Punjab.

Shehbaz Sharif hailed President Xi Jinping’s Belt and Road programme as an innovative and trailblazing concept. "We, in Pakistan, consider President Xi’s initiative not only bold and futuristic but also epic and historic," he told the leaders from all over the world participating in the Forum.

As many as 28 heads of state and world leaders were present on the occasion.

"The incorporation of OBOR in the United Nation Security Council resolution signals greater global ownership of the project. Belt and Road vision as harbinger of a new era of connectivity and integration."

He also thanked President Xi for his historic gift of over $50 billion through CPEC. Revival of New Silk Roads, which is at the heart of OBOR, shows a new era of hope, and a break of a new dawn", he explained.

Commenting on the benefits of the projects, he said, One Belt and One Road would take Pakistan’s passport to a new level of human development and progress.

"President Xi Jinping’s crusade against corruption has inspired me personally to take a leaf from his book."

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 16 May 2024

Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Thursday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 279.95 for selling.

Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 16 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 279.95
Euro EUR 296.25 299
UK Pound Sterling GBP 344.5 348
U.A.E Dirham AED 75.15 75.9
Saudi Riyal SAR 73.5 74.2
Australian Dollar AUD 180.5 182.2
Bahrain Dinar BHD 739.77 747.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.28 913.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 167.45 169.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 722.59 730.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 306.51 309.01
Thai Bhat THB 7.57 7.72

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