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Articles for tag: Cabinet, Council, explores, International, Investment, Latest, Ministers, News, practices

December 17, 2023

News Desk

The Council of Ministers explores international best practices

Islamabad: In response to past disputes and international legal challenges facing Pakistan, cabinet members are advocating for a comprehensive study of global best practices to instill confidence in investors about the safety of their investments in the country. The move comes in light of previous legal clashes between foreign companies and the Pakistani government, which arose after those companies were denied projects in the country following investigations by local anti-corruption agencies. A notable case is that of Reko Diq, which ended up in international courts, forcing Pakistan to seek out-of-court settlements to start work on the project and avoid multi-billion

December 3, 2023

News Desk

Businessman explores car opportunities in Shanghai

BEIJING: China has become a world leader in advanced automotive technologies in recent decades, said Fahad Iqbal Butt, Director of New Genuine Auto Parts. While attending the ongoing Automechanika Shanghai 2023, held from November 29 to December 2, he said that Pakistan can benefit from these trends by partnering with Chinese companies and staying abreast of the latest technologies and trends in the industry. Aiming to strengthen the presence of Pakistani companies in China and forge new partnerships, Butt is confident that the exhibition will provide him with the platform to connect with potential suppliers, manufacturers and distributors. He added

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