Celina Ali Islamabad: Dr Riina Kionka, ambassador and head of the delegation of the European Union to Pakistan said this week that Pakistan is a potential market for business and investment activities and it should focus on sustainable economic policies to attract more foreign investment. She said this while talking to a delegation of the […]
Read MoreNewswire Dubai: Iran and Saudi Arabia will start formal talks next week to resume direct scheduled flights between Tehran and Riyadh and other cities, an Iranian official told the state-affiliated news agency ILNA this week. Regular flights would be another step towards restoring ties between the two Middle Eastern rivals. A Chinese-mediated agreement in March […]
Read MoreDong Yifan The 24th China-EU Summit, marking the first in-person meeting between Chinese and European leaders in four years, was held on Thursday in Beijing. The significance of this face-to-face interaction cannot be overstated, considering its influential role in guiding China-EU relations. However, the European Union, in its approach to the development of China-EU relations, […]
Read MoreGwadar Pro Islamabad: Pakistan’s exports to China went up by 40.36% in the last four months, State Bank of Pakistan (SBP) said. The SBP reported that Pakistan’s export of goods and services to China witnessed an increase of 40.36 per cent during the first four months of the current fiscal year (2023-24) as compared to […]
Read MoreNewswire Lahore: Yerzhan Kistafin, Ambassador of the Republic of Kazakhstan to Pakistan, said this week there is huge potential for Pakistan textile industry in $ 2 billion Kazakhstan textile imports, as the current contribution from Pakistan is yet negligible. He urged Pakistani textile groups to focus on high value products which are more in demand […]
Read MoreNewswire And the Japan has been able to lower the inflation with a controversial but well-thought policy. Proof is a latest Reuters poll which shows that the core consumer inflation in Tokyo likely grew in November but at slower pace than the month before. Tokyo: Japan has been under attack launched by Western media for […]
Read MoreGlobal Times On November 30, a federal district judge in Montana issued a preliminary injunction calling off the state’s ban on TikTok. Montana is the first state in the nation to initiate a ban on TikTok, announced by the state government on May 18 this year to block TikTok completely, with heavy fines for violators. […]
Read MoreGwadar Pro Lahore: At least 250 Pakistani and Chinese companies participated in the three-day 7th Pakistan Industrial Expo held on November 25 at the Expo Centre. Steve Zhou, Project Head of Everest International Expo, announced this year’s expo featured approximately 250 Pakistani and Chinese companies. They showcased a wide array of products and services, highlighting […]
Read MoreCelina Ali Islamabad: Pakistan and Italy are working jointly for the development of the olive sector, marked by the Pakistan Olive National Gala in Islamabad. The event, organized by the “Promotion of Olive Cultivation on commercial scale in Pakistan Phase-II” and the Italian-funded “Olive Culture-Holistic and multi-professional mechanism for a Pakistani Olive Oil Value Chain” […]
Read MoreNewswire Karachi: Irfan Iqbal Sheikh, President FPCCI, has apprised that, in a high-profile visit to FPCCI Head Office, Reza Amiri Moghadam, Ambassador of Iran in Pakistan, has proposed to set up border markets with Pakistan to enhance trade between the two countries. Sheikh added that enhancing trade with Iran can help resolve Pakistan’s chronic trade […]
Read MoreNewswire Astana: Prime Minister of Kazakhstan Alikhan Smailov, leaders of top international companies, and experts reviewed Kazakhstan’s emerging opportunities and challenges in building investment infrastructure for long-term sustainable growth as part of the Kazakhstan Global Investment Roundtable (KGIR) this week in Astana. In his welcoming speech, Smailov said that “despite the current global challenges, Kazakhstan’s […]
Read MoreNewswire Brussels: The European Commission has approved Italy’s EUR 1.7 billion state aid mechanism for supporting agrivoltaic installations. The measure, under the Recovery and Resilience Facility, is part of the country’s strategy to reduce greenhouse gas emissions and increase its renewable energy share. Agrivoltaic or agrisolar systems combine solar panel installations and agricultural activities in […]
Read MoreAbdullah Jan Islamabad: The Ambassador of Nepal to Pakistan, Tapas Adhikari, visited the Haripur Chamber of Commerce and Industry (HCCI) in Haripur, Khyber Pakhtunkhwa this week and met Muhammad Tayyab Khan Swati, the President and other office bearers of the HCCI. On the occasion, the Nepali envoy also had a long interactive discussion with the […]
Read MoreNewswire Islamabad: Moody’s this week left Italy’s sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Minister Giorgia Meloni’s government. Most analysts had expected the agency to leave both Italy’s rating and outlook unchanged. Moody’s had put the euro zone’s third-largest […]
Read MoreGlobal Times Beijing: In the upcoming winter-spring flight season, the number of China-US direct regular passenger flights is expected to increase from the current 48 (24 round trips) per week to 70 per week, offering a boost for the exchange of personnel and trade between the two countries, CAAC News reported, citing the Civil Aviation […]
Read MoreCelina Ali Islamabad: Ambassador Yerzhan Kistafin of Kazakhstan to Pakistan said this week that the bilateral trade between Kazakhstan and Pakistan continues to witness steady and robust expansion each year. “Interaction between Kazakhstan and Pakistan in the scientific and educational spheres is intensifying, coupled with an increase in the number of Pakistani students attending universities […]
Read MoreCelina Ali Islamabad: Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia, has visited the Islamabad Chamber of Commerce and Industry (ICCI), and highlighted untapped business, trade and investment opportunities in Ethiopia and Africa as well. Upon arrival, a warm welcome was accorded to Ambassador Jemal Beker Abdula by the […]
Read MoreAbida Shaheen Islamabad: Adam M. Tugio, Ambassador of Indonesia to Pakistan said this week that his country is to start direct flights with Pakistan in near future that would help boost people to people contacts and bilateral trade ties between the two countries. He said that Indonesia is keen to further strengthen trade and economic […]
Read MoreRome: Due to its aging population, Italy would need at least 280,000 foreign workers a year until 2050 to compensate for the shrinking national labor force, the IDOS Study and Research Centre has said ahead of the publication of its 2023 immigration statistics dossier. With Italy’s population aging further, the country will need at least […]
Read MoreGlobal Times Beijing: Some perceive the Belt and Road Initiative (BRI) as China’s attempt to crush someone under itself, but it’s not the truth, the BRI is a desire to cooperate on the global arena, said Russian President Vladimir Putin in an interview with China Media Group (CMG). According to the interview video released by […]
Read MoreHu Xijin Due to suspected illegal activities, Xu Jiayin, board chairman of China Evergrande Group, has been placed under mandatory measures by local authorities. Upon hearing this news, my initial reaction was, what will happen to those who have purchased Evergrande properties? This is probably the biggest question for many people. I strongly hope and […]
Read MoreLiaquat Ali Jakarta: State-Owned Enterprises (SOEs) Minister Erick Thohir has said that the government is planning to open Windownesia stores in Turkey and Saudi Arabia after successfully launching a store in Perth on October 11, 2023. Windownesia is a store that showcases domestic products in foreign countries with the aim of introducing Indonesia to a […]
Read MoreCelina Ali Islamabad: Chinese Ambassador to Pakistan Jiang Zaidong said this week that Beijing was ready to deepen trade and investment cooperation with Pakistan and build an “upgraded version” of the China-Pakistan Economic Corridor (CPEC) which is growth-oriented, innovative, livelihood-enhancing, green and inclusive. Addressing the National Day Reception, Zaidong said that they are ready to […]
Read MoreNewswire Berlin: Kazakhstan’s president said during a visit to Berlin this week that his country was willing to increase oil deliveries to German over the long term, as resource-poor Berlin seeks alternatives to imports from Russia amid the invasion of Ukraine. Kassym-Jomart Tokayev said during a press conference with Chancellor Olaf Scholz that Astana had […]
Read MoreChina Economic Net Suzhou: “The 2nd SCO Pharmaceutical Cooperation Development Conference has demonstrated the commitment of member states to foster international cooperation in the pharmaceutical industry. Through this platform, SCO member states aim to promote mutual benefits, strengthen regulatory frameworks, encourage research and development collaboration, and expand market access,” highlighted Mr. Asim Rauf, CEO of […]
Read MoreCovert Report London: The UK’s economy has grown faster since the start of the Covid pandemic than initially thought, new figures show. Revised data indicates that the UK has seen faster growth than France or Germany since the end of 2019. The growth figures had been expected to be upgraded, after the Office for National […]
Read MoreLiaquat Ali Islamabad: Pakistan this week signed a memorandum of understanding (MOU) with Saudi Arabia to work together in the field of information technology (IT), caretaker IT minister Umar Saif informed. The understanding will facilitate Pakistani companies to work in the Kingdom of Saudi Arabia (KSA), provide trained IT manpower to Saudi companies, promote joint […]
Read MoreGwadar Pro Islamabad: Chinese Assistant Foreign Minister Nong Rong this week stressed the importance of China and Pakistan fostering mutually advantageous collaborations that would positively impact the entire Pakistan’s population, including those residing in the Balochistan province. During a meeting with a delegation of journalists from Balochistan, Minister Nong maintained that the enduring friendship between […]
Read MoreChina Economic Net Beijing: The Sixth China-Arab States Expo promotes high-quality joint construction of the Belt and Road Initiatives, and makes greater contributions to south-south cooperation, said Shaikh Muhammad Shariq, Vice President of the National Bank of Pakistan. China-Arab Expo: A platform for showcasing construction innovations under BRI Addressing a conference themed with the theme […]
Read MoreLiaquat Ali Islamabad: The European Union (EU) is currently deliberating the extension of Pakistan’s Generalized System of Preferences (GSP) status for an additional four years, until 2027. The decision to extend these trade privileges, which grant Pakistan preferential access to EU markets, follows the endorsement of recommendations by the European Council and is currently under […]
Read MoreGlobal Times The 10th China-European Union High-Level Economic and Trade Dialogue will be held on Monday in Beijing. As the highest-level dialogue mechanism in the field of trade and economic cooperation between China and the EU and one of the “three pillars” of China-EU relations, the Dialogue has always been the main channel for the […]
Read MoreChina Economic Net Beijing: China has decided to impose sanctions on two US companies due to their involvement in arms sales to Taiwan, Foreign Ministry Spokesperson Mao Ning said this week. In disregard of China’s firm opposition, the U.S. government deliberately supplies weapons to China’s Taiwan region. This seriously violates the one-China principle and the […]
Read MoreArslan Ali Arsal Brussels: The European Union’s lead regulator has slapped TikTok with a 345 million euro ($368m) fine for breaching laws on the processing of children’s personal data, the first time the popular short video-sharing app has been punished for violating Europe’s strict data privacy rules. The Chinese-owned short-video platform, which has grown rapidly […]
Read MoreHu Xijin The most significance of the Huawei Mate 60 Pro lies in its ability to bypass the US sanctions wall and open up new horizons. The sanctions imposed by the US on Huawei and Chinese companies may now be extended to companies such as Qualcomm, Nvidia, Intel, TSMC, Samsung, and others. If it is […]
Read MoreCelina Ali Islamabad: Pakistan and Kazakhstan this week agreed to enhance regional economic and trade integration for increasing bilateral trade. Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan Yerzhan Kistafin called on Federal Minister for Commerce Dr Gohar Ejaz here. Both sides expressed their commitment to fostering stronger economic ties with the aim of […]
Read MoreNewswire London: Qatar is set to announce a $4 billion investment in UK green energy development through the establishment of a research hub, the Sunday Times reported. The nonprofit Qatar Foundation is providing the funding, with Rolls-Royce supplying technical knowledge as part of the deal. Global management consultancy McKinsey is also involved in planning the […]
Read MoreNewswire Brussels: The European Union castigated Russia this week for pulling out of the Black Sea grain deal, calling its offer of a million tons of grain to African countries a “parody of generosity”. Charles Michel, president of the European Council, told the annual G20 summit in New Delhi that the 2022 grain accord had […]
Read MoreDing Gang At the end of 2019, I accompanied an American and German media delegation to the offices of Chinese tech giant Huawei. Although it was only for one day, this brief encounter gave me a deeper understanding of this company. In May of the following year, when Washington imposed a severe embargo to cut […]
Read MoreCelina Ali Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that his country wanted to boost trade ties with Pakistan. In a media interaction, he said Pakistan and Italy had chosen to strengthen economic ties and reinforce cooperation in diverse fields, besides deepening mutual collaboration on issues of common interest. The Ambassador called […]
Read MoreAbida Shaheen Lahore: Indonesia is an exciting market for aspiring Pakistani entrepreneurs and new startups with innovative ideas, offering wonderful opportunities of mutual collaboration and business expansion. This was stated by the Ambassador of Indonesia Adam M. Tugio during a meeting with young business entrepreneurs of Entrepreneurs’ Organization (EO) from textile, fintech, healthcare, food, dairy, […]
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