Author: none@none.com (APP)
Prime Minister Shehbaz Sharif has given the green light to relocate Chinese industries to Pakistan as part of joint ventures between the two countries’ companies. This move follows recent engagements between Pakistan and China, showcasing the strong partnership between the two nations. During a meeting to discuss matters of the Board of Investment (BoI), Shehbaz emphasized the government’s commitment to promoting both local and foreign investment in Pakistan. He directed authorities to follow up on memorandums of understanding signed between Pakistani and Chinese companies, highlighting the potential for China’s textile, leather, footwear, and other industries to be relocated to Pakistan.…
Exploring China’s Historical Heritage: Prime Minister Shehbaz Sharif Visits Terracotta Warriors Museum On his official visit to China, Prime Minister Shehbaz Sharif and his delegation had the opportunity to explore the fascinating Terracotta Warriors Museum in Xi’an. The visit was a special invitation from Chinese President Xi Jinping, who wanted to showcase the preservation and restoration of historical heritage in his hometown. As they walked through the museum, PM Shehbaz and his team were in awe of the ancient Chinese statues and the craftsmanship of the artisans dating back to 200 BC. Impressed by China’s dedication to preserving its historical…
Exciting news for Pakistan International Airlines (PIA) as Minister of State for Finance and Revenue Ali Pervaiz Malik announced in the National Assembly that PIA flights to Europe are set to resume soon. This follows the recent delisting of Pakistan from the European Commission Air Safety Commission’s concern list on May 14, marking a positive development. Despite the optimism, the ban on PIA flights by the UK and the European Union continues, costing the airline nearly Rs40 billion in annual revenue. The verification process with the European Union Aviation Safety Agency (EASA) is ongoing, and it is expected to be…
Minister for Petroleum Musadik Malik expressed confidence in Pakistan’s economy, noting positive signals from both internal and external indicators. In an interview with Geo News, Malik highlighted the support from friendly nations and international institutions like the IMF and World Bank. He mentioned that the stock market breaking records reflects restored external and internal confidence, with foreign delegations visiting Pakistan to explore investment opportunities. Malik emphasized the need to expand the tax base and curb gas and electricity theft through a comprehensive plan. When it comes to foreign investment, Malik stated that the government will prioritize the private sector to…
The federal cabinet expressed dissatisfaction over the report from the inquiry commission investigating the 2017 Faizabad sit-in by the Tehreek-i-Labbaik Pakistan (TLP), citing failure to adhere to the Terms of Reference (ToR). Despite being tasked to assign responsibility for the TLP sit-in, the commission’s report did not directly blame any individuals. Concerns were raised in the federal cabinet meeting chaired by Prime Minister Shehbaz Sharif, leading to the formation of a special committee for further recommendations. The Supreme Court had previously criticized the report for lacking substance and not addressing the ToRs comprehensively. The commission suggested legislation, rules, and standard…
Law Minister Azam Nazeer Tarar announced that PM Shehbaz Sharif has formed a special committee to seek consensus on establishing a Digital Media Authority in Pakistan. The committee, led by Rana Sanaullah, includes key ministers and representatives from opposition parties. The government assures that no unilateral decisions will be made regarding the authority, with all journalist organizations and press clubs being consulted. However, media stakeholders have expressed concerns, calling for extensive discussions with all stakeholders to ensure fairness and alignment with democratic principles. The Joint Action Committee (JAC), comprising major media bodies, issued a joint statement emphasizing the need for…
Are you a Chinese entrepreneur looking for investment opportunities in a friendly and competitive market? Look no further than Pakistan, where the government is offering attractive incentives for setting up labour intensive industries. According to Deputy Prime Minister and Foreign Minister Ishaq Dar, Pakistan’s labour costs are much lower than in China, making it an ideal location for businesses in agriculture, textile, mining, and information technology. The government has expedited the construction of special economic zones and is offering incentives for the establishment of industrial units. With 13 key areas identified for potential investment, there are plenty of opportunities for…
Prime Minister Shehbaz Sharif Vows to Address Issues in Azad Jammu Kashmir During a special meeting with the AJK cabinet, Prime Minister Shehbaz Sharif pledged to find a permanent solution to the problems faced by the people of Azad Jammu Kashmir. He emphasized the importance of mutual understanding for the progress of the region and assured the residents that their concerns would be addressed. PM Shehbaz expressed sorrow over recent clashes and promised support to the families of those affected under the Shuhada Package. He announced the release of Rs23 billion for AJK and highlighted the significance of his visit…
Prime Minister Shehbaz Sharif is taking decisive action to boost Pakistan’s trade sector and enhance export competitiveness. In a recent meeting, he directed the formulation of trade policies to support businesses and promote the export of non-traditional goods. Immediate payment of certified duty drawback for exporters was also prioritized. Furthermore, PM Shehbaz emphasized the importance of consulting with the private sector in policy-making and implementing measures to support the auto sector. He also ordered a thorough assessment of trade and investment officers stationed abroad to ensure optimal performance and accountability. The meeting highlighted progress on trade agreements with Gulf states,…
Prime Minister orders reconstruction of blown-up girls’ school in North Waziristan Prime Minister Shehbaz Sharif has taken swift action after a private girls’ school in Tehsil Shewa of North Waziristan was blown up by unidentified militants. The attack resulted in the destruction of two rooms in the school building, following the torture of the school watchman. Expressing strong condemnation for the attack, the Prime Minister has ordered authorities to quickly identify the perpetrators and ensure they face severe punishment. Additionally, he has directed the immediate reconstruction of the damaged portion of the school at the government’s expense. In a statement,…