PM Shehbaz Important Meeting with Chinese Delegation | Inside News - video Dailymotion

#pmshehbazsharif #cpec #pakchinafriendship   PM Shehbaz Important Meeting with Chinese Delegation | Inside News

Transcript

00:00I would like to tell you once again that I met with the Prime Minister of China,

00:04the Minister of International Development of China, Liu Jianchao, at the head of the delegation.

00:07The delegation also included the Chinese Ambassador to Pakistan.

00:10In this meeting, the Deputy Prime Minister, Minister of Foreign Affairs,

00:13Army Chief General Syed Asim Munir were also present.

00:16The Chinese Prime Minister and the leaders of his delegation are in good terms in Pakistan.

00:21The visit of the Chinese Prime Minister to Pakistan is a part of the current progress of the Prime Minister after the visit to China.

00:27The recent visit of the Chinese Prime Minister to China has been very successful.

00:31The Chinese Prime Minister, Liu Jianchao, said that China has given Pakistan a special place in its foreign policy.

00:38China will continue to support Pakistan's economic development.

00:42We will work together for the upgraded version of the CPEC.

00:45We are fully prepared to act on the next stage of the CPEC.

00:51Overseas investors, Chamber of Commerce and Industry representative Aman Ghanshi says

00:55that by eliminating the facility to participate in royalty expenses,

00:58there will be negative effects on the sale of capital.

01:01There will be more difficulties in introducing new brands.

01:04It is extremely difficult to compete in the market without the recognition of the brand.

01:08Capital companies are already paying double taxes.

01:11This suggestion should be withdrawn.

01:14It was not taken into account that the brand owner in Pakistan's current tax environment

01:19does not have the capacity to adjust or absorb that 25% expense.

01:26Because its taxation is according to the Double Taxation Treaty.

01:30The foreign investors who have been told that because they are 25% brand owners,

01:35they should adjust their expenses.

01:38In most cases, their global expenses are already under-recovered.

01:43There will be negative effects on the consumer, economy and our industry.

01:50Our view on the amendment that has been introduced is that it should be withdrawn.

01:57It should be evaluated on the basis of relevance and reasonableness.

02:10It should not be rejected on the basis of arbitrariness.

02:14Canadian High Commissioner met Mohsin Daqvi in Islamabad.

02:18International relations and bilateral interests were discussed.

02:22Mohsin Daqvi said that Pakistan is trying its best to protect its borders,

02:26to prevent illegal smuggling and human smuggling.

02:30They are also working on the immigration system.

02:33Pakistan can provide talent and individual strength to Canada in various departments.

02:38Canadian High Commissioner thanked the Ministry of Interior for cooperation in various departments.