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Pakistan, Turkiye pledge to achieving $5b trade volume

Pakistan and Turkiye have agreed to continue their efforts to reach the goal of five billion dollar trade volume. This came at a meeting between Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan and Pakistan-Turkiye High Level Strategic Cooperation Council meeting in Islamabad. Later addressing a press stakeout, Turkish President Recep Tayyip Erdogan said both the countries have considered expanding the scope of their current goods trade agreement in the first stage. Recep Tayyip Erdogan said Turkish investors will be encouraged to engage more in Pakistan and develop flagship projects. He said our military dialogue and cooperation in

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

Germany seeks COAS General Asim Munir’s help over IPP deal termination

ISLAMABAD: Germany has sought the intervention of Pakistan’s Chief of Army Staff, General Asim Munir, in amending a settlement agreement involving a 450MW power plant operated by Siemens. This move follows a disputed settlement agreement that German stakeholders allege they were compelled to accept, triggering diplomatic concern over investor confidence in Pakistan. According to media sources, Germany’s Ambassador to Pakistan, Alfred Grannas, formally requested General Munir’s assistance following Siemens’ enforced settlement, which requires the company to transfer the plant at a nominal cost to the Pakistani government. The government, however, asserts the settlement was mutually negotiated. Siemens holds a 26%

Pakistan’s ‘Diplomatic Waltz’ with China

Pakistan and China have been “iron brothers” longer than many of us have been alive, a partnership so robust it could make even the most stoic neighbour glance over the fence with a glint of envy. As Premier Li Qiang hobnobs in Islamabad ahead of the Shanghai Cooperation Organization (SCO) summit, the stage is set for Pakistan to emerge as a power broker, not in Asia but far beyond. India’s complex dynamics with China add a twist to the tale and Islamabad might just dance its way into a more influential role. The Pakistan-China dynamic is the stuff of legends,

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