Tag: The Pakistan Times

By Raja kamran The newly appointed Chinese Ambassador to Pakistan H.E. Mr. Nong Rong called on Chairman Board of Investment (BOI), Mr. Atif R. Bokhari here at Islamabad. Secretary BOI, Ms. Fareena Mazhar and Project Director CPEC-IC Mr. Asim Ayub were also present on the occasion.During the meeting, Chairman BOI & Ambassador Nong Rong discussed matters of mutual interest particularly Industrial Cooperation under CPEC. Chairman BOI expressed that both Governments are working together to make the 2nd phase of CPEC fruitful by attracting quality FDI.Chairman BOI apprised the Chinese Ambassador of the Draft Framework Agreement on Industrial Cooperation (IC) under CPEC. H.E Ambassador Nong Rong expressed that he gives utmost importance to the “Draft Framework Agreement” & w...

By Raja kamran Energy Minister Omar Ayub called on Chinese Ambassador Nong Rong Chairman CPEC Authority Asim Saleem Bajwa and Special Assistant for Power Tabish Gohar attended the meeting. Energy projects and power projects under C-Pack were discussed in the meeting CPEC is of fundamental importance in Pak-China friendship and mutual economic development: Omar Ayub The energy sector plays an important role in economic growth, said Omar Ayub Our government is working on stable and affordable electricity rates, Omar Ayub The industrial sector will develop with the provision of cheap electricity, Omar Ayub said Distribution and transmission system in power sector is being improved . Reducing the cost of electricity generation is the top priority, Omar A...

By Raja kamran Prime Minister Imran Khan visited the Anti-Narcotics Force Headquarters Rawalpindi. Federal Minister for Drug Control Azam Khan Swati and DG ANF Major General Muhammad Arif Malik, Hilal Imtiaz (Military) received the Prime Minister. The Prime Minister laid flowers at the Martyrs' Memorial and recited Fateha after which he inaugurated the new ANF building. The Prime Minister was also given a tour of the ANF Headquarters building. The DG ANF gave a detailed briefing to the Prime Minister on the ANF's operations to curb drug trafficking. During the briefing, the DG ANF briefed the Prime Minister on the international and regional situation of drugs and its harmful effects on the society, ANF's strategy and ensuring the establishment of a drug-free society, issues and...

By Raja kamran NCOC morning session in progress. Chief secretaries joined morning session through video link. Forum is being apprised on national positivity ratio, measures taken by federating units for SOPs compliance week and most importantly detailed review of critical requirements during 2nd wave of pandemicTesting for last two weeks remained over 40 thousands per day .81 % positive cases are from major urban centres. During last week 40 % testing was on contact tracing.4503 smart lockdowns (SLD ) across Pakistan with 1512903 people under these SLDs .Provinces updates on SOPs compliance. NCOC was told that various administrative measures including fines/ closures have been taken for disease containment. Provinces updated NCOC on various activities being taken particularly durin...

By Raja kaman Despite challenges faced on domestic and external fronts, particularly in the wake of the second wave of COVID 19, the key macroeconomic indicators have shown strong performance, Federal Minister for Economic Affairs, Makhdum Khusro Bakhtyar said here Sunday. “The Key economic indicators are showing strong performance despite challenges posed by second wave of COVID 19 and depressed economic conditions that encircled globally,” he said. In a detailed statement on state of economy, the minister said that the current account imbalances inherited from previous government stood firmly addressed while the economic performance was remarkable in the context of sharp growth contraction worldwide. He said that the government was confident that the Gross Domestic Product (GDP) would...

By Raja kaman Today is a sad reminder of the demolition of the historic Babri Masjidin India. On this day, 28 years ago, Hindu zealots of the RSS-inspired BJP, backed by the state apparatus, demolished the centuries-old Mosque in Ayodhya in an abominable act of anti-Muslim frenzy and blatant violation of religious and international norms. The painful scenes of the demolition of Babri Mosque in 1992 still remain fresh in the minds of not only Muslims but all conscionable persons in the world. The new illegitimate structure, which the Hindutva-driven BJP has campaigned for and is bent upon constructing as part of its agenda of converting India into a ‘Hindu Rashtra’, is a scar on the face of so-called “largest democracy” in the world. The flawed judgment of the Indian Supreme Court in t...

Imagine, just for a second, the Australian wine industry as a bottle shop. For decades it had loyal customers overseas - old friends from the UK and the US partial to an antipodean drop. Then a few years ago, a new customer walked in who began eyeing up the reds. Soon, not only were they spending double the other customers, but they were buying the high-end stuff, preferring the premium vintages. China - this top customer - has bought close to 40% of Australia's wine exports in the past few years. In 2019, China bought more bottled wine from Australia than it did from France. After an intense few years of marketing and trade deals, this love affair with Australian winegrowers was fizzing along nicely. Then last week it was corked in...

Politicians from various Western countries have asked consumers to buy Australian wine in order to fight back against China's punitive tariffs on the beverage. China is the most important export market for Australian wine, and winemakers are scrambling to find new markets following Beijing's decision to slap tariffs of up to 212% on Australian wine imports amid an escalating trade war between the two nations. Now a number of public figures associated with the Inter-Parliamentary Alliance on China (IPAC), which calls itself "an international cross-party group of legislators working to reform the approach of democratic countries to China," have called on consumers to stand up to Beijing. "We are asking you all to join us in standing against Xi Jinping's authoritarian bullying," said...