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Tag Archives: Pakistan

Pakistan, US decide to relaunch Trade and Investment Framework Agreement


March 8, 2022

ISLAMABAD: Pakistan and the United States have decided to relaunch the process of Trade and Investment Framework Agreement (TIFA), Assistant US Trade Repr­e­s­entative Christopher Wilson said on Monday. Talking to a group of journalists, Mr Wilson, who had a day-long session at the Ministry of Commerce, said that “both sides felt very productive meeting to relaunch the process since both …

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Pakistan, Afghanistan to discuss trade, smooth flow of movement at Torkham


February 27, 2022

ISLAMABAD: Senior officials of Pakistan and Afghanistan will meet at the Torkham border on Monday to discuss issues for smooth flows of trade and pedestrians, largely part of a scheme aimed at enhancing bilateral ties with the landlocked country. A high-level Pakistani delegation, led by Commerce Adviser Razak Dawood and comprising senior bureaucrats from relevant departments, will meet its Afghan …

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Pakistan, China ink framework agreement on industrial cooperation under CPEC


February 4, 2022

Pakistan and China on Friday inked the Framework Agreement on Industrial Cooperation under the China Pakistan Economic Corridor (CPEC) following Prime Minister Imran Khan’s arrival in Beijing the previous day. The prime minister is in China to attend the opening ceremony of the Winter Olympics and meet the Chinese leadership. State Minister and Chairman Board of Investment Mohammad Azfar Ahsan and Chairman …

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Pakistan, GCC finalise action plan for strategic dialogue


January 6, 2022

ISLAMABAD: Pakistan and the Gulf Cooperation Council (GCC) on Wednesday finalised the Joint Action Plan for Strategic Dialogue (2022-26). The plan, in line with a memorandum of understanding on strategic dialogue, provides for an institutional approach to deepen cooperation in various fields, including political, security, trade and investment, agricultural and food security, transportation, energy, environment, health, culture and education. The …

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Pakistan, China vow to tap full potential of Gwadar port, free zone


December 31, 2021

ISLAMABAD: Pakistan and China resolved on Thursday to redouble efforts to tap full potential of the Gwadar port and free zone and to ensure that the local population fully benefits from the projects launched in various sectors. Pakistani and Chinese officials held meetings of the two Joint Working Groups on Gwadar and Socio-Economic Development through video conferencing equipment, said a …

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Pakistan, ADB sign agreements worth $1.5bn for various projects


December 22, 2021

The federal government and the Asian Development Bank (ADB) on Wednesday signed six agreements amounting to $1.543 billion to finance projects related to the energy sector, urban infrastructure, social protection, roads and water resources, the Ministry of Economic Affairs in a statement. The agreements were signed by Economic Affairs Division Secretary Mian Asad Hayaud Din and ADB’s Country Director Yong …

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Pakistan, Taliban violators of religious freedom: US


November 18, 2021

WASHINGTON: US Secretary of State Antony J. Blinken on Wednesday redesignated Pakistan as a country of particular concern (CPC) for violating religious freedom and also rebranded the Taliban as an entity of particular concern. The Trump administration first placed Pakistan on this list in December 2018 and retained it in 2020 as well. The Biden administration, which came to power in January …

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Pakistan, Iran set $5bn trade target by 2023


November 7, 2021

ISLAMABAD: Pakistan and Iran have agreed to take measures to expand the annual trade exchanges to $5 billion by the year 2023. “Understanding of the new trade target was reached during the ninth meeting of Iran-Pakistan Joint Trade Committee held in Tehran,” said a commerce ministry official announcement released on Saturday. Iranian Minister of Industry, Mines and Trade Reza Fatemi …

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Pakistan, Iran seek urgent steps to avert Afghan crisis


October 27, 2021

TEHRAN: Foreign ministers of Pakistan and Iran on Tuesday called for an active response from the world to the situation in Afghanistan following the exit of foreign troops and urged the international community to avert the humanitarian crisis by providing immediate financial assistance to the war-torn country. Foreign Minister Shah Mahmood Qureshi and his Iranian counterpart Hossein Amirabdollahian expressed unanimity of views …

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