Xi ready to strengthen China-Russia energy cooperation

China Economic Net Beijing: Chinese President Xi Jinping said this week that China is ready to work with Russia to forge closer partnership in energy cooperation. Energy cooperation is an important cornerstone of practical cooperation between China and Russia, and also a positive force for maintaining global energy security, Xi said in a congratulatory letter […]

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US manufacturing causes economic, spiritual decline

Ding Gang NATO Secretary General Jens Stoltenberg warned on Monday about “growing Chinese efforts to control” critical infrastructure, supply chains and key industrial sectors. Like some European politicians who have pushed the “China threat” theory, Stoltenberg is using his fertile imagination to create false reasons to hide the looming recession across Europe in both economy […]

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Italy will extend all possible support to Pakistan to enhance olive production: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Italy will extend all possible support to Pakistan to enhance olive production. Speaking during a meeting of the Steering Committee, on Olive Culture Holistic and Multi-Professional Mechanism, for a Pakistani Olive Oil Value Chain project at the Ministry of National Food Security […]

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Ambassador Andreas Ferrarese vows to ease visa process for Pakistani businessmen

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese this week vowed to ease visa process for the Pakistani businessmen. The envoy hoped that the simplified the process of visa issuance to Pakistani businessmen and traders will further promote business to business ties between Pakistan and Italy. “Simplification of the VISA process and procedure […]

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CPEC offers lucrative investment opportunities: Vietnamese envoy

Gwadar Pro Islamabad: Ambassador of Vietnam to Pakistan Nguyen Tien Phong said this week that China-Pakistan Economic Corridor (CPEC) offered lucrative investment opportunities. Addressing the business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI), he mentioned that CPEC had played a great role in developing undeveloped areas in Pakistan. He highlighted […]

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Pakistani, Chinese universities sign agreement to promote cooperation

Gwadar Pro Sargodha: University of Sargodha and Tang Chinese Education & Technology Ltd this week inked an agreement to promote cooperation in academic, educational and cultural spheres. According to UoS, a Memorandum of Understanding (MoU) has been signed at University of Sargodha. The agreement was duly signed by Additional Director Office of the Research Innovation […]

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Governor, Japanese envoy open Pak-Japan Mini Expo

Staff Writer Lahore: Punjab Governor Muhammad Baligh-ur-Rehman along with, the ambassador of Japan for Pakistan Mitishuoro Wada this week inaugurated the Pak-Japan Mini Expo and also the cultural night event. The visitors showed keen interest in the Japanese and Pakistani products on display. Live karate performance by Japan karate association were seen. Addressing on the […]

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Halal Cosmetics sector offers an attraction for Indonesia, Pakistan: Ambassador Adam M. Tugio

Staff Writer Faisalabad: Ambassador of Indonesia to Pakistan Adam M. Tugio said this week that Indonesia and Pakistan must accelerate bilateral cooperation and research efforts to gain benefits from the flourishing Halal cosmetics market, which is rapidly increasing its share every year and creating number of investment opportunities with healthy future growth prospects. Speaking at […]

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Digital technology propels China’s pursuit for common prosperity

China Economic Net Hangzhou: The 2022 World Internet Conference Wuzhen Summit that concluded this week has demonstrated the role of digital technologies in advancing common prosperity in China, with a focus on expanding businesses, bridging the urban-rural divide and narrowing the income gap. Numerous case studies, on-site presentations and informed voices at the conference asserted […]

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Beijing bourse unveils rules for margin trading, securities lending

China Economic Net Beijing: The Beijing Stock Exchange has unveiled rules for margin trading and securities lending to prepare for the start of such businesses. The new businesses will help meet investors’ diversified trading demand, improve the pricing function of the market and boost market liquidity, according to the bourse. The rules are generally in […]

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Pakistan and Denmark can cooperate much more on cultural sector: Ambassador Jakob Linulf

Staff Writer Lahore: Ambassador of Denmark to Pakistan Jakob Linulf said this week that Pakistan and Denmark can cooperate much more on the cultural sector. “In LHR (Lahore). Pakistani kids & families were thrilled, shifting from silence in anticipation of what would happen next & to great laughter & cheering. Very proud that this exchange […]

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Qatar always ready to cooperate with Pakistan: Ambassador Sheikh Saoud bin Abdulrahman Al Thani

Staff Writer Islamabad: Ambassador of the State of Qatar Sheikh Saoud bin Abdulrahman Al Thani this week said that his country was always ready to cooperate with Pakistan. In a meeting with Minister of State for Foreign Affairs Hina Rabbani Khar, Ambassador Sheikh Saoud bin Abdulrahman Al Thani saif that both the countries had excellent […]

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Will the yuan clearing deal benefit Pakistan and China?

China Economic Net Beijing: China’s central bank has signed an agreement with the State Bank of Pakistan to establish RMB clearing arrangements in Pakistan. According to a statement on the People’s Bank of China website, these arrangements will assist enterprises and financial institutions in both countries in conducting cross-border transactions using RMB. They will also […]

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Pakistan’s seafood exports to China increase 34 percent in Jan-Sept 2022

Gwadar Pro Beijing: Pakistan’s seafood export to China topped $ 141.57 million, an increase of 34% in the month of January-September year-on-year, the General Administration of Customs of the People’s Republic of China (GACC) data showed. According to the General Administration of Customs of the People’s Republic of China (GACC), the trade of flours & […]

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Ambassador Andreas Ferrarese backs economic ties between Italy, Pakistan

Newswire Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese has been backing enhanced economic ties between Italy and Pakistan for the last more than two years when he took charge in Islamabad. This week, the Ambassador and his wife Albana Ferrarese hosted an event to promote architectural cooperation between Pakistan and Italy. Speaking at the event, […]

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Move to devastate China’s chip industry will backfire on Washington

Ding Gang In a recent New York Times article (published on October 21) analyzing the new US chip strangulation strategy against China, two words are used. The first appears in the headline, “Biden Just Clobbered China’s Chip Industry.” The English dictionary explains the word “clobber” as “defeat decisively or strike heavily.” Another word, “devastate,” appears […]

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Ambassador Andreas Ferrarese plays key role to boost coordination between Pakistan, Italy private sector

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese is playing key role in boosting the trade relations and strengthening close coordination between the private sectors of Italy and Pakistan. Under the Ambassador’s vision, bilateral trade between Italy and Pakistan can swell to €4 billion annually by fully exploiting the existing potential of the […]

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PCBF keen to promote Chinese investment in Pakistan

Gwadar Pro Islamabad: Pakistan-China Business Forum (PCBF) this week expressed keen interest to promote Chinese investment in Pakistan. The PCNF delegation led by Chairman Sheikh Nasir Ali visited Islamabad Chamber of Commerce and Industry (ICCI). The delegation discussed various options to boost Pakistan-China business and investment cooperation. The delegation vowed to work jointly for facilitating […]

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Italy has established IPTTC in Faisalabad at NTU to upgrade local textile sector: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese said this week that Italy had established the Italy-Pakistan Textile Technology Center (IPTTC) in Faisalabad at the National Textile University (NTU) to upgrade the local textile sector. He said the training centre, which was the first of its kind for Italian textile machinery technology in […]

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Menzies-RAS celebrates its launch at cargo facility in Islamabad

Staff Writer Islamabad: Menzies-RAS Team gathered in their state-of-the-art cargo warehouse at Islamabad International Airport to celebrate the partnership between Menzies Aviation and Royal Airport Services – a collaboration which has laid the groundwork for monumental success and progress. As global experts in high value and time critical cargo handling, the ceremony allowed an exclusive […]

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FATF puts Pakistan on white list: Hina Rabbani Khar

Islamabad: Minister of State for Foreign Affairs Hina Rabbani Khar Friday said Financial Action Task Force (FATF) has removed Pakistan from the grey list, acknowledging the country’s significant progress in improving anti-money laundering and countering the financing of terrorism regime. In a press briefing here, she said “I am pleased to announce that as a […]

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Ambassador Jakob Linulf hosts delegation from FLSmidth company

Staff Writer Islamabad: Denmark’s Ambassador to Pakistan Jakob Linulf this week hosted a delegation from the FLSmidth company. “Happy to host delegation from FLSmidth company for launch of their green cement campaign to promote zero emissions factories. Campaign aims to reduce emissions from the cement industry for sustainable productivity,” the envoy tweeted. He said the […]

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Italy has emerged as Pakistan’s largest source of workers’ remittances from EU: Ambassador Andreas Ferrarese

Staff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Italy has emerged as Pakistan’s largest source of workers’ remittances from the European Union and the second largest in Europe after the United Kingdom, as per Pakistan’s envoy to Italy. He said Italy has been playing a pivotal role in Pakistan’s socio-economic […]

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16 start-ups from across Pakistan pitch business ideas for HUAWEI CLOUD startup program

Newswire Islamabad: Sixteen different start-ups from across Pakistan pitched their business ideas to a set of decorated judges during the Chinese giant Huawei’s ‘HUAWEI CLOUD start-up program.’ The program is a global support program launched by HUAWEI CLOUD for global startups. The main purpose is to help and accelerate the business growth of technology startups […]

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Pakistan desires Japanese investment in solar power, potable water projects: PM

Staff Writer Islamabad: Prime Minister Shehbaz Sharif said this week that Pakistan was desirous of Japanese investment in the projects of solar energy, cleaning drinking water, and treatment and drainage of wastewater and materials. The prime minister expressed these views while talking to a delegation of Japanese companies based in Pakistan, led by Japan’s Vice […]

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Ambassador Andreas Ferrarese pledges cooperation to promote Pakistani business, economic interests in international market

Staff Writer Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese pledged cooperation in promoting business and economic interests of Pakistan in the international market. He made the remarks while speaking at a dinner reception organised by the Islamabad Chamber of Commerce and Industry (ICCI) for foreign diplomats. Ambassador Andreas Ferrarese said that Italy was investing in […]

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Ambassador Andreas Ferrarese for cultural connectivity to promote two- way trade between Italy, Pakistan

Staff Writer ISLAMABAD: Italy’s Ambassador to Pakistan Andreas Ferrarese this week underlined the importance of encouraging cultural connectivity to promote the two- way trade between Italy and Pakistan. Speaking to the business community in Islamabad, the envoy pointed out that vast opportunities were available to enhance mutual trade and investment between Pakistan and Italy. He […]

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Zong announces social contract in response to catastrophic floods

Newswire Islamabad: In response to one of the worst humanitarian disasters the country ever suffered, Zong 4G has announced a new social contract dedicated to providing relief to flood affectees and helping rebuild Pakistan. With a three-point agenda, the company has laid out its strategy to help rebuild Pakistan – #ZongStandsByPakistan Fully realizing its role […]

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Italy hopeful for € 6 billion bilateral trade potential with Pakistan: Dr Roberto Neccia

Newswire Islamabad: Deputy Head of Mission, Embassy of the Republic of Italy Dr Roberto Neccia said this week that the bilateral trade of €1.5 billion between Italy and Pakistan was much below the actual potential of both countries. He urged both the countries to work for improving their two way trade to at least €5-6 […]

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