I suspect Elac & I work for the same Prc major carrier. After five years with them (allowing a view of the highs & lows), Elacs accounts seem quite accurate.
The narrowbody / widebody Ccq program at our airline has left several of those wanting out, to be found wanting. Pic2 time seems to be known at least by some other employers, not to be Pic1 time. The Pic1's signature in your logbook shows this.
The difference may be of importance when the inevitable happens- base closure, medical failure, cockpit conflicts or an altitude bust (the foreign pilot will be blamed) put you on the street. Anyone currently enjoying the many benefits of Prc airline employment (and I am one) would pay to note Elacs comments.