ISLAMABAD, OCT 13 (DNA) – Pakistan was a major importer of palm oil to meet its domestic needs while Indonesia was the world’s largest producer of palm oil and its investors should set up joint ventures in Pakistan for production and processing of palm oil that would help in reducing our import bill, this was observed by Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce & Industry while exchanging views with Wisnu Suryo Hutomo, Head of Economic & Commercial Department, Embassy of Indonesia during his visit to Chamber House.
Statement of the Interdepartmental Headquarters for the Security of the Gorno-Badakhshan Autonomous Region
DUSHANBE, (DNA) – As it is known, in order to fulfill the order and instructions of the Founder of Peace and National Unity – Leader of the Nation, President of the Republic of Tajikistan, Emomali Rahmon, issued on September 15, 2018 in the Gorno-Badakhshan Autonomous Region, the Interdepartmental Headquarters is in operation to ensure the rule of law, public order, civil security, confiscation of illegal weapons, the delay and delivery to the relevant authorities of wanted criminals, the identification and prevention of crimes involving illegal possession and use of firearms.
Pakistan formally request IMF for financial assistance
NUSA DUA (DNA) – IMF chief Christine Lagarde met with Pakistani delegation headed by Finance Minister Asad Umer on Thursday and said a team would visit Islamabad for talks on a possible bailout of its shaky economy.Pakistan Finance Minister Asad Umar, who is attending the Fund’s annual meeting in Bali, announced earlier this week that the government would seek talks with the IMF on a “stabilisation recovery programme”.
Storekeepers join truckers’ strike as Iran unrest grows
JEDDAH: (DNA) – Store operators in bazaars across Iran have joined a strike by truck drivers as civil unrest grows in the face of a collapsing economy.The protest by merchants began in the city of Shiraz and spread rapidly to more than 50 cities in 21 provinces.
Trump says South Korea will not lift North Korea sanctions without U.S. approval
SEOUL/WASHINGTON (DNA) – U.S. President Donald Trump said on Wednesday South Korea will not lift sanctions on Pyongyang without U.S. approval, after the South Korean foreign minister softened earlier comments that some of its unilateral sanctions were under review.
Pakistan edge closer to win as Abbas rips through Aussies
DUBAI, (DNA) – Australian openers Usman Khawaja and Aaron Finch picked up where they left off after their 142-run stand in the first innings, adding 72 runs by tea on day four.The pair added 15 more runs in the final session before Abbas trapped Finch leg before for 49.The visitors squandered another good start when the Marsh brothers were dismissed for ducks by Abbas.
In US-China trade war, Pakistan gets extra export orders
FAISALABAD: (DNA) – The present tense relations between the US and China have proved to be a blessing in disguise for Pakistan as its exporters are getting extra orders from the US in the prevailing circumstances, said Faisalabad Chamber of Commerce and Industry (FCCI) President Syed Zia Alumdar Hussain.
Trump playing hardball on oil prices
Over the course of his first 20 months in office, President Donald Trump has diverged from the traditional behavior of his political party in a few areas, but none more so than the foreign policy of trade and economics. While the Republican Party has traditionally feared trade wars, Trump has been the toughest economic negotiator in recent American history.
Pakistan, Kazakhstan have great potential in many fields: Ambassador Sadykov
ISLAMABAD, OCT 10 (DNA) – Pakistan and Kazakhstan have great potential to enhance cooperation in many fields and if both countries facilitate their private sectors, the annual bilateral trade volume could be increased from current below US$ 25 million to US$ 250-500 million.
Simon Penney appointed as new HM Trade Commissioner for Middle East, Afghanistan and Pakistan
ISLAMABAD, OCT 10 (DNA) – The UK’s Department for International Trade has this week welcomed Simon Penney in the new role of Her Majesty’s Trade Commissioner (HMTC) for the Middle East, Afghanistan and Pakistan.Appointed by the UK’s Secretary of State for International Trade, Dr Liam Fox, the former banking chief executive becomes the most senior UK trade figure to be based in the region.
