jupiter2007
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IS THIS TRUE? IS PAKISTAN GOING TO BE A DEFAULT STATE?
Pakistan's Economy - News and Updates
- Thread starter EagleEyes
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BATMAN
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Counter-Errorist
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Bad analogy. It means that we're creative enough to sell off the only resource we have available. That we make the best out of whatever resources we have available.
BATMAN
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What resource are you talking about?
Counter-Errorist
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Sand
BATMAN
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No.. he is not talking of selling, he's talking about shortage.
BTW.. there are always buyers, when you own some thing precious, and Pakistan is the most precious piece of land on earth... of course as united.
Counter-Errorist
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hmm... ok
salman77
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Pakistan succeeds in increasing exports to China: Ambassador Masood Khalid
BEIJING: Ambassador Masood Khalid has said that Pakistan's efforts in tapping new trade avenues have had considerable success in the past few months thus resulting in increasing exports to China.
"There is a vast scope of export of Pakistani carpets, fruits, leather, textiles and gemstones as well as different kinds of minerals from our country", said Ambassador Khalid adding that Pakistan had lately succeeded in penetrating carpet market and hoped to showcase its popular brand mangoes next year in China.
He was addressing a group of visiting officers, attending the National Management Course at National School of Public Policy, at Pakistan Embassy on Friday evening.
Ambassador Khalid underlined that both sides recently held negotiations on the Phase II of the FTA, that would further help improve bilateral trade, recalling that while visiting Pakistan, Chinese Premier Li Keqiang had taken along a large delegation of prominent Chinese businessmen who placed orders worth $ 450 million for import of different items from Pakistan. Ambassador Masood Khalid said ensuring competitive prices, quality control and expansion of industrial base on sound footings, was crucial for tapping the vast Chinese market.
He shed light on decades old diplomatic ties saying that successive governments in both the countries have greatly contributed to deepening the multi-dimensional bonds of friendship.
He also mentioned Prime Minister Nawaz Sharif's first overseas trip in May 2013 to China, when eight agreements and MoUs were signed, including the most important one on Pakistan-China Economic Corridor.
Ambassador Khalid said that officials from Ministry of Planning, Development and Reform of Pakistan and National Development and Reform Commission (NDRC) of PRC had been entrusted with the task of working out modalities for fast-track implementation of the mega project.
He explained that both sides were working on a four-pronged strategy of road, optic fiber, energy pipelines and railway connectivity, besides setting up Special Economic Zones (SEZs) along the Corridor to jump-start economic activity and create job opportunities for the local people.
The Chinese government was also encouraging private sector to make maximum investment in energy and infrastructure development in Pakistan, he added. "Coming months will see more progress towards the implementation of corridor related projects", Ambassador remarked. Earlier a presentation was given to the officers on bilateral relations, economic achievements, culture and history of China by Counsellor Tahir Andrabihttp://www.brecorder.com/top-news/1...xports-to-china-ambassador-masood-khalid.html
BEIJING: Ambassador Masood Khalid has said that Pakistan's efforts in tapping new trade avenues have had considerable success in the past few months thus resulting in increasing exports to China.
"There is a vast scope of export of Pakistani carpets, fruits, leather, textiles and gemstones as well as different kinds of minerals from our country", said Ambassador Khalid adding that Pakistan had lately succeeded in penetrating carpet market and hoped to showcase its popular brand mangoes next year in China.
He was addressing a group of visiting officers, attending the National Management Course at National School of Public Policy, at Pakistan Embassy on Friday evening.
Ambassador Khalid underlined that both sides recently held negotiations on the Phase II of the FTA, that would further help improve bilateral trade, recalling that while visiting Pakistan, Chinese Premier Li Keqiang had taken along a large delegation of prominent Chinese businessmen who placed orders worth $ 450 million for import of different items from Pakistan. Ambassador Masood Khalid said ensuring competitive prices, quality control and expansion of industrial base on sound footings, was crucial for tapping the vast Chinese market.
He shed light on decades old diplomatic ties saying that successive governments in both the countries have greatly contributed to deepening the multi-dimensional bonds of friendship.
He also mentioned Prime Minister Nawaz Sharif's first overseas trip in May 2013 to China, when eight agreements and MoUs were signed, including the most important one on Pakistan-China Economic Corridor.
Ambassador Khalid said that officials from Ministry of Planning, Development and Reform of Pakistan and National Development and Reform Commission (NDRC) of PRC had been entrusted with the task of working out modalities for fast-track implementation of the mega project.
He explained that both sides were working on a four-pronged strategy of road, optic fiber, energy pipelines and railway connectivity, besides setting up Special Economic Zones (SEZs) along the Corridor to jump-start economic activity and create job opportunities for the local people.
The Chinese government was also encouraging private sector to make maximum investment in energy and infrastructure development in Pakistan, he added. "Coming months will see more progress towards the implementation of corridor related projects", Ambassador remarked. Earlier a presentation was given to the officers on bilateral relations, economic achievements, culture and history of China by Counsellor Tahir Andrabihttp://www.brecorder.com/top-news/1...xports-to-china-ambassador-masood-khalid.html
chauvunist
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After Khomeini Revolution,Iran Has never been Pakistan's Well Wisher....Time has proved it multiple times but Pro Iranian's in Pakistan have always put them ahead of Pakistan...
A.Rafay
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Russia just lifted the ban on kinnow from Pakistan.
Bilal587
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Thankfully kinno is still expensive in local markets
Because Iranian leadership wasnt corrupt, they worked for the betterment of Iran and the people of Iran. Iran also never taken any dictation from other countries and stared America right in their eyes. People of Pakistan just admire Iran and wish they had a leadership like Iran. Thats all
salman77
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Exports to India likely to touch $500m
KARACHI: Indian High Commissioner to Pakistan Dr TCA Raghavan said on Wednesday that trade between Pakistan and India has improved substantially to $2.5 billion, and it is expected that Pakistan’s export to India would surge to $500 million this year for the first time.
During his visit to the Karachi Chamber of Commerce and Industry (KCCI), Mr Raghavan said the opening of Khokhrapar-Monabao passenger train service has paved way for a host of opportunities for both countries to boost trade.
Highlighting the need for normal trading activity between the two countries, he said the resolution of all issues, including law and order, terrorism, and the Kashmir, through dialogue was inevitable.
Mr Raghavan also lauded the role of business communities of both nations, saying they were the catalyst for the overall progress in trade ties between the two countries. Efforts must be made by both governments to effectively deal with the visa issues, he added.
Former KCCI president and Businessmen Group chairman Siraj Kassam Teli said that although trade ties between Pakistan and India had improved, a lot more needed to be done. He said the task of improving bilateral relations should not be left only on the governments and bureaucracies.
“It is heartening to note that business communities of both sides have come forward to enhance trade ties, which will ultimately leave no other option for both the governments but to do the same,” he added.
Mr Teli suggested that Indian visa policy restricted city-to-city movement of Pakistani visitors which must be relaxed and Pakistani business community should be allowed to move freely.
Underscoring the need for focusing on enhancing regional trade, he said that instead of focusing on expanding international trade to other countries, priority should be given to improve regional trade by encouraging trading activities amongst Saarc countries which currently remained limited to six per cent only.
“On the other hand, this regional trade amongst EU countries has risen to 70pc and it was around 40pc amongst Asean countries. These countries have been progressing, but unfortunately our region is far behind,” he added.
KCCI President Abdullah Zaki informed that Indo-Pak relations had progressed well with the passage of time but some major obstacles, including ending visa restriction and non-tariff barriers, required attention.
“Both countries have renewed interest to take concrete steps towards further intensifying their relations in the areas of trade, economy and investments,” he added
KARACHI: Indian High Commissioner to Pakistan Dr TCA Raghavan said on Wednesday that trade between Pakistan and India has improved substantially to $2.5 billion, and it is expected that Pakistan’s export to India would surge to $500 million this year for the first time.
During his visit to the Karachi Chamber of Commerce and Industry (KCCI), Mr Raghavan said the opening of Khokhrapar-Monabao passenger train service has paved way for a host of opportunities for both countries to boost trade.
Highlighting the need for normal trading activity between the two countries, he said the resolution of all issues, including law and order, terrorism, and the Kashmir, through dialogue was inevitable.
Mr Raghavan also lauded the role of business communities of both nations, saying they were the catalyst for the overall progress in trade ties between the two countries. Efforts must be made by both governments to effectively deal with the visa issues, he added.
Former KCCI president and Businessmen Group chairman Siraj Kassam Teli said that although trade ties between Pakistan and India had improved, a lot more needed to be done. He said the task of improving bilateral relations should not be left only on the governments and bureaucracies.
“It is heartening to note that business communities of both sides have come forward to enhance trade ties, which will ultimately leave no other option for both the governments but to do the same,” he added.
Mr Teli suggested that Indian visa policy restricted city-to-city movement of Pakistani visitors which must be relaxed and Pakistani business community should be allowed to move freely.
Underscoring the need for focusing on enhancing regional trade, he said that instead of focusing on expanding international trade to other countries, priority should be given to improve regional trade by encouraging trading activities amongst Saarc countries which currently remained limited to six per cent only.
“On the other hand, this regional trade amongst EU countries has risen to 70pc and it was around 40pc amongst Asean countries. These countries have been progressing, but unfortunately our region is far behind,” he added.
KCCI President Abdullah Zaki informed that Indo-Pak relations had progressed well with the passage of time but some major obstacles, including ending visa restriction and non-tariff barriers, required attention.
“Both countries have renewed interest to take concrete steps towards further intensifying their relations in the areas of trade, economy and investments,” he added
salman77
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Argentina, Chile want to import rice from Pakistan
Buyers from Argentina and Chile have shown keen interest to import Pakistani rice because of its best quality. A foreign delegation of buyers visited the regional office of Rice Exporters Association of Pakistan (Reap) along with Rabia Javeri Agha, Secretary Trade Development Authority of Pakistan (TDAP) on Thursday.
"We have visited many Rice industries in Karachi and we are satisfied with the quality of rice and the modern technology established in the industries. We are going to import Pakistani rice in near future," said Mariano Senesi, a member of delegation.
The delegation was comprised Mariano Senesi M/s Agrosud Argentina, Enrique Bruzzone Copello M/s. CV Trading Chile, Enrique Bruzzone Caste M/S CV Trading Chile. Representatives of SGS Pakistan, Beauro Veritas, and Intertek Pakistan were also present.
On this occasion, Rabia Javeri Agha said, "It is the primary objective of TDAP to facilitate the exporters and resolve the issue. I would address all issues being faced by the rice exporters association and would step up efforts to enhance the export with other nations."
Senior Vice-Chairman Reap, Chela Ram, said they were delighted to have Secretary TDAP first time at their office and hope she would further cooperate with them and would pave the ways for a smooth export.
He further said he was also happy over the providence of quality rice for the buyers across the world, adding that China has become the largest importer of Pakistani rice in last two years.
"We have beaten our competitors including India, Thailand and Vietnam and captured Chinese market in last couple of years," he added.
Regarding the decline in export of Pakistani basmati rice in last few years, he said the price of Pakistani basmati was higher as compared to the competitors due to which the volume of exports came down. It all happened due the poor law and order situation of the country, he added. He urged the government to ensure proper electricity and gas supply to the farmers so that the exports volume could be increased. He said if the present government restore peace and provide energy to this sector that they would cross $4 billion mark in 2016.
Abdul Rahim, ex-chairman Reap, urged the government to take appropriate measures and encourage formers to adopt latest technology to increase rice production so that the sector could earn maximum foreign exchanges for the country.
Argentina, Chile want to import rice from Pakistan | Business Recorder
Buyers from Argentina and Chile have shown keen interest to import Pakistani rice because of its best quality. A foreign delegation of buyers visited the regional office of Rice Exporters Association of Pakistan (Reap) along with Rabia Javeri Agha, Secretary Trade Development Authority of Pakistan (TDAP) on Thursday.
"We have visited many Rice industries in Karachi and we are satisfied with the quality of rice and the modern technology established in the industries. We are going to import Pakistani rice in near future," said Mariano Senesi, a member of delegation.
The delegation was comprised Mariano Senesi M/s Agrosud Argentina, Enrique Bruzzone Copello M/s. CV Trading Chile, Enrique Bruzzone Caste M/S CV Trading Chile. Representatives of SGS Pakistan, Beauro Veritas, and Intertek Pakistan were also present.
On this occasion, Rabia Javeri Agha said, "It is the primary objective of TDAP to facilitate the exporters and resolve the issue. I would address all issues being faced by the rice exporters association and would step up efforts to enhance the export with other nations."
Senior Vice-Chairman Reap, Chela Ram, said they were delighted to have Secretary TDAP first time at their office and hope she would further cooperate with them and would pave the ways for a smooth export.
He further said he was also happy over the providence of quality rice for the buyers across the world, adding that China has become the largest importer of Pakistani rice in last two years.
"We have beaten our competitors including India, Thailand and Vietnam and captured Chinese market in last couple of years," he added.
Regarding the decline in export of Pakistani basmati rice in last few years, he said the price of Pakistani basmati was higher as compared to the competitors due to which the volume of exports came down. It all happened due the poor law and order situation of the country, he added. He urged the government to ensure proper electricity and gas supply to the farmers so that the exports volume could be increased. He said if the present government restore peace and provide energy to this sector that they would cross $4 billion mark in 2016.
Abdul Rahim, ex-chairman Reap, urged the government to take appropriate measures and encourage formers to adopt latest technology to increase rice production so that the sector could earn maximum foreign exchanges for the country.
Argentina, Chile want to import rice from Pakistan | Business Recorder
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