Tag Archives: trade

GILGIT: Khunjerab Pass, which remained shut for four months starting Nov 30, was reopened for travel and trade between Pakistan and China on Monday. The border-crossing is now expected to keep functioning throughout the year. On Oct 20, then-caretaker prime minister Anwaarul Haq Kakar held a meeting with Chinese President Xi Jinping in Beijing where the two sides agreed to make the …

GENEVA: China and Switzerland agreed on Monday to speed up talks to upgrade their free trade agreement and to simplify visa procedures for travel between the two countries, Chinese state media reported. Bern and Beijing agreed to an early launch of formal negotiations to expand a free trade agreement in place since 2013, state news agency Xinhua reported. China also agreed to …

KARACHI/LAHORE: The export-oriented industry and trade on Saturday strongly rejected the government’s announcement of a five-day Eidul Fitr holiday from May 10 to 15, claiming that the break would cause a loss of over $300 million in exports. Talking to Dawn, trade and industry leaders said the long Eid holiday – which is likely to spill over to nine days starting …

United States President Joe Biden had his first call as president with Xi Jinping, pressing the Chinese leader about trade and Beijing’s crackdown on democracy activists in Hong Kong as well as other human rights concerns. The two leaders spoke on Wednesday just hours after Biden announced plans for a Pentagon task force to review US national security strategy in …

LONDON: British Prime Minister Boris Johnson on Sunday strove to bury differences with president-elect Joe Biden as he stressed the enduring UK-US alliance and a future partnership against climate change. Johnson’s hostile comments in the past about the Democratic administration of the former vice president and Barack Obama have come back to bite him as Biden prepares to take office …

BIARRITZ: The leaders of the G7 club of rich countries meet in southern France on Saturday, with the burning Amazon, diving stock markets and their own stark divisions giving little grounds for optimism. US President Donald Trump and fellow Western leaders will also face protests as they arrive in the famed surfing town of Biarritz — though a heavy police …