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Pakistan, UK agree to strengthen economic ties moving forward

Pakistan and the United Kingdom have agreed to continue working closely to enhance economic cooperation and explore new avenues for collaboration. This agreement reached during a meeting between Finance Minister Muhammad Aurangzeb and British High Commissioner Ms. Jane Marriott in Islamabad. During the meeting, both sides discussed matters of mutual interest, including ongoing economic reforms, financial cooperation, and initiatives under the UK’s support programmes in Pakistan. The Finance Minister gave an overview of the economy and shared update on the government’s reform agenda with focus on carrying on with the macroeconomic stability and leading the economy on the path to

Made in Pakistan Exhibition & Business Forum begins in KSA

A three-day Made in Pakistan Exhibition and Business Forum has begun at Jeddah in Saudi Arabia. The Trade Development Authority of Pakistan and the Ministry of Commerce have showcased a diverse range of Pakistani products to tap into the lucrative Saudi market. The exhibition is designed to connect Pakistani businesses with Saudi and International buyers and investors promoting the country’s products in Saudi market.

US to invest billions of dollars in Pakistan’s diverse sectors

The United States intends to invest billions of dollars in Pakistan, across various sectors, including minerals, real estate, energy, technology and the artificial intelligence. This was stated by head of US investors’ delegation and billionaire investor, Gentry Beach, while talking to media in Islamabad. He said that US President Donald Trump believes in economic diplomacy and that’s why we are visiting Pakistan. Gentry Beach said initially we are investing in the critical minerals and the real estate sectors. He said we are going to build some of the luxurious properties in Pakistan. Gentry Beach said we are seeing global opportunities

𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚, 𝐏𝐚𝐤𝐢𝐬𝐭𝐚𝐧 𝐒𝐢𝐠𝐧 𝐌𝐨𝐔 𝐭𝐨 𝐇𝐨𝐥𝐝 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐭𝐢𝐨𝐧

Addis Ababa: The Federal Democratic Republic of Ethiopia (FDRE) and the Islamic Republic of Pakistan signed a Memorandum of Understanding (MoU) to conduct a political consultation in a bid to advance the existing bilateral cooperation between the two countries. State Minister of the Foreign Affairs of the FDR Ethiopia, Ambassador Mesganu Arga and, Additional Foreign Secretary of Pakistan, Ambassador Hamid Asghar Khan signed the MoU in Addis Ababa, Ethiopia. On the occasion, Ambassador Mesganu said Ethiopia is keen to enhance its bilateral ties and cooperation with Pakistan in a range of areas, including agriculture, investment, trade, aviation, industry and science,

Pak-Saudi relations on upward trajectory: Attaullah Tarar

Minister for Information and Broadcasting Attaullah Tarar has said that Pak-Saudi relations are on an upward trajectory, with bilateral ties growing stronger each day. Speaking to media in Islamabad, he said that Prime Minister Shehbaz Sharif held an important meeting with Saudi Crown Prince Mohammed bin Salman during his recently concluded visit to the Kingdom. He said that it was the fifth meeting with the Crown Prince in just five months, highlighting the warmth in the relationship between the two countries. The Minister further said that Saudi Arabia is set to invest billions of dollars in Pakistan’s economy. He mentioned

Pakistan, Azerbaijan to promote joint projects, trade partnership

Pakistan and Azerbaijan have agreed to promote joint projects and trade partnerships in diverse fields. The consensus to this effect was evolved in a meeting between the Ambassador of Azerbaijan to Pakistan Khazar Farhadov and Minister for Privatization Abdul Aleem Khan in Islamabad today. Speaking on the occasion, the Minister said both the countries should convert their mutual relations into business and bilateral trade. He said there are huge opportunities in various sectors for foreign investors in Pakistan. On his part, the Ambassador assured his full cooperation and said that his country would work with Pakistan on joint projects.

In a significant move Afghan, Chinese officials inaugurate freight train

ISLAMABAD: Afghan and Chinese officials on Thursday re-launched the direct China-Afghanistan Freight Train Service in a significant move to boost trade and economic ties. Special envoy for Afghan affairs of the Chinese Foreign Ministry Dr Yue Xiaoyong, and Afghan Ambassador Bilal Karimi were also present on the occasion, according to officials of the two countries. “Together with Afghanistan Amb. #BilalKamiri# in Nantong, one of the BRI (Built and Road Initiative) hub cities, north of Shanghai, celebrating the relaunching of China-Afghanistan direct freight train service,” the Chinese special envoy wrote on X. “Happily delivered a congratulation message this morning 31/10/’24 on

August 30, 2024

News Desk

Japanese envoy urges security to boost tourism

KARACHI: Consul General of Japan Hattori Masaru highlighted Pakistan’s abundant tourism resources, particularly in the northern regions, but expressed concern over security issues, citing the impact of recent terrorist attacks, such as the one in Balochistan, on Japanese tourists. “The government of Pakistan has done its best to stop terrorism and I hope they will continue their efforts to create a safe environment that will ensure an increased number of tourists from Japan,” Hattori said during a meeting at the Trade and Karachi Chamber of Industry (KCCI), according to a statement issued by KCCI on Thursday. He also assured the

January 25, 2024

News Desk

US consul general, APTMA discuss bilateral trade

LAHORE: United States Consul General in Lahore, Kristin K Hawkins participated in discussions with All Pakistan Textile Mills Association (APTMA) stakeholders to strengthen bilateral trade and economic relations between Pakistan and the United States. During the meeting, APTMA leaders, including President Kamran Arshad, Vice President Ahmad Shafi, and former presidents Adil Bashir and Hamid Zaman, along with Secretary General Raza Baqir, explored opportunities for cooperation inthe cotton and textile sectors while aiming toexpansion of trade and investment relations in other strategic areas. Both sides recognized Pakistan’s strong potential for growth in textile and other sectors. The APTMA president, in his

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