LAHORE: Punjab Board of Investment and Trade (PBIT) Chairman Sardar Tanveer Ilyas Khan Monday said the federal government should reconstruct and establish the Board of Investment (BOI) on the pattern of the Economic Coordination Committee (ECC) of the cabinet, in which it gives representation to the Provincial Board of Investment and Trade institutions in order to better coordination, and good investment friendly decisions.
ISLAMABAD: China is investing $62 billion in Pakistan through the China-Pakistan Economic Corridor (CPEC) as part of its Belt and Road initiative, which the government and public believe as a game-changer for the country’s destiny and senior government officials frequently speak highly of at local and international fora.
Pakistan, Uzbekistan agree to boost trade volume to $300mPakistan and Uzbekistan on Monday agreed to strengthen bilateral trade, setting the target of touching $300 million as trade volume.
The agreement was reached during the delegation-level talks as Foreign Minister Shah Mehmood Qureshi and Uzbekistan’s Deputy Prime Minister Elyor Ganiev led their respective sides here at the Ministry of Foreign Affairs. The two sides discussed implementation of the decisions taken by their leaderships in previous high-level meetings.
ISLAMABAD: Chinese Vice President Wang Qishan opened his three-day visit to Islamabad on Sunday by recalling the strength of the bilateral relationship and expressing the resolve that Pakistan and China would continue to safeguard each other’s interests.
On the first day of the trip, VP Wang inaugurated a number of projects along with Prime Minister Imran Khan and the two leaders witnessed signing of several agreements.
Soon after his arrival at Chaklala airbase, VP Wang spoke at a meeting of “Friends of Silk Road” hosted by the Pakistan-China Institute.
LAHORE - Vice President of People’s Republic of China Wang Qishan was accorded a warm welcome as he arrived in the provincial metropolis on a two-day official visit.
READ MORE: Federal Budget to be presented on June 11: Dr Firdous
Punjab Chief Minister Punjab Sardar Usman Buzdar along with members of his cabinet received him at the Lahore Airport. Little girls presented a bouquet to the Chinese Vice President.
ISLAMABAD : Australian High Commissioner Margaret Adamson on Monday said Australian businessman and trade firms are keen to invest in Pakistan keeping in view the investment friendly environment.
While meeting National Assembly deputy speaker, she said that Australia attached great importance to its relations with Pakistan and wanted to further strengthening the existing relations trough enhanced parliamentary and economic cooperation.
PM’s adviser says incumbent regime aims to facilitate industrial relocation from China
ISLAMABAD: The federal government has decided to start the electrification process at the special economic zones (SEZ). The first SEZ that would get immediate relief in this regard would be the Bin Qasim Industrial Parks in Karachi.
This was decided in a meeting co-chaired by Adviser to Prime Minister on Commerce Abdul Razak Dawood and Power Minister Omar Ayub Khan on Thursday.
The meeting was held to discuss issues pertaining to the provision of electricity and gas to the SEZs.
ISLAMABAD (APP) – Secretary Commerce Sardar Ahmed Nawaz Sukhera said the government was fully committed to catalyzing private sector to contribute towards strengthening the national economy and boosting the country’s exports.
He expressed these views while talking to Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq who is also Chairman of Faisalabad Industrial Estate Development and Management Company (FIEDMC) here, said a press release.
ISLAMABAD: Around 2,250 individuals from across the globe have so far applied online to obtain Pakistan’s visa, according to data released by the National Database and Registration Authority (Nadra) on Tuesday.
Nadra, which developed the online system of issuing visas to potential travellers to Pakistan, said that 739 applications had been received during a single week starting from May 6.