Chinese company building Gwadar Port operating in Pakistan illegally
canadian goose jacket Pakistan found itself in yet another mess with regards to the China Pakistan Economic Corridor (CPEC). A high level committee of the country’s National Assembly has ordered an investigation into the Chinese company that is building and operating Gwadar Port. The move came after the committee was told that the company has been functioning illegally as it does canada goose black friday sale not have security clearance. canadian goose jacket
canada goose black friday sale The Standing Committee’s decision to order the probe comes on the basis of concerns raised in a recent article by a leading Pakistani financial daily that Pakistan officially has no idea who owns China Overseas Ports Holding Company Pakistan (COPHC Pakistan), which is building and operating the Gwadar Port. The report had also said COPHC Pakistan’s parent company operated out of a single room office in Hong Kong, which it shared with four other companies, one of which was named in the Panama Papers. canada goose black friday sale
buy canada goose jacket The Standing Committee on Finance was informed on Tuesday that the Interior Ministry is yet to issue a ‘No Objection Certificate’ to China Overseas Ports Holding Company (COPHC), Pakistani media have canada goose store reported. The NOC is a mandatory security clearance that would give the company the legal right to function in Pakistan. buy canada goose jacket
canada goose store The Securities and Exchange Commission of Pakistan (SECP) told the Standing Committee on Finance that COPHC lacks the security clearance, and that the SECP letter about this in 2014 had received no response from the Interior Ministry, reported Pakistani daily canada goose factory sale The Express Tribune. canada goose store
canada goose clearance Under Pakistani law, any company which has foreign directors needs security clearance from the Interior Ministry. canada goose clearance
canada goose coats on sale SECP had recently issued a notice to COPHC Pakistan since the company has not filed its mandatory uk canada goose financial disclosure documents for any canada goose uk black friday of the three years that it has operated in Pakistan. Financial daily Business Recorder also reported that no one in Pakistan’s government structure seemed to have a clear picture of the ownership of COPHC, and that Canada Goose online most had just assumed it was a Chinese state run company. canada goose coats on sale
This is just the latest instance of Pakistan finally looking at the Chinese gift horse in the mouth. The mad Canada Goose Outlet rush of the entire establishment to hail CPEC as a gamechanger seems to have worn off. Policy makers, at least now, seem to be weighing the different sort of costs that Pakistan has to bear to allow China to ride roughshod.
canada goose Pakistan’s attempts to show spine against Chinese demands have not gone down well. The Chinese have threatened to cancel projects and have pressured their way into having trade in the yuan. Public backlash also seems to be growing thanks to security clearance now being made mandatory not for the foreign Chinese workers but for the Pakistanis working with them. There have also been canada goose clearance protests over China’s usual practice of bringing in Chinese workers instead of hiring locally. canada goose
canada goose deals By continuing to browse or use our sites, you canada goose clearance sale agree that we next page https://www.canadagoosetomall.com Canada Goose Outlet can store and access cookies and other cheap Canada Goose tracking technologies as described in this policy. canada goose deals
Canada Goose sale What are Cookies and Other Tracking Technologies? Canada Goose sale
buy canada goose jacket cheap A cookie is a small text file that can be stored on and accessed from your device when you visit one of our Canada Goose Coats On Sale sites, to the extent you agree. The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. This allows our sites to recognize your device from those of other users on our sites. The information provided below about cookies also applies to these other tracking technologies. These third party service providers use persistent Cookies to help us canada goose coats improve user experience, manage canada goose our site content, and analyse how users navigate and utilize the sites. For example, if you view or listen to any embedded audio or video content you may be sent cookies from the site where the embedded content is hosted. Likewise, if you share any content on this website through social networks (for example by clicking a Facebook “like” button or a “Tweet” button) you may be sent cookies from these websites. We do not control the setting of these cookies so please check the websites of these third parties for more information about their cookies and how to manage them. buy canada goose jacket cheap
canada goose coats Session cookies are temporary and deleted from your machine when your web browser closes. We use session cookies to help us track internet usage as described above. canada goose coats
Canada Goose Outlet The data collected by the sites and/or through Cookies that may be placed on buy canada goose jacket cheap your computer will not be kept for longer than is necessary to fulfil the purposes mentioned above. In any event, cheap canada goose uk such information will be kept in our database until we get explicit consent from you to remove all the stored cookies Canada Goose Outlet.