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	(July 17, 2009)
	Economic Bulletin	click here for Market Glimpse
	Gilani, Hasina discuss diplomatic, trade links; Prime Minister Yusuf Raza Gilani said Pakistan attaches great importance to its relations with Bangladesh and stressed the need for utilizing the potential to increase co-operation in bilateral, diplomatic and economic sectors. (Source, BR, APP)
	BoI persuades CGs for investment; The Board of Investment (BoI) held a presentation for the consul generals of foreign countries on the investment opportunities in Pakistan. Federal Advisor on Textile Dr Mirza Ikhtiar Baig, dean of diplomatic corps Dr Rashid Al-Rahman A Al Naimi were also present on the occasion. Addressing the diplomats, the State Minister and Chairman BOI Saleem H Mandviwala said that Pakistan offers unparalleled investment potentials including high “return on investment” in oil and gas sector, power generation, textiles, agriculture, mines and mineral and infrastructure development, dairy farming, mass transit, etc. (Source, The News, Pakistan Observer)
	Construction of Japan Special Economic Zone to be started in September; Japan would commence construction of the Japan Special Economic Zone (JSEZ), with an initial investment of $5 billion, in September. Zubair Motiwala, Advisor to CM Sindh on investment said that the government of Pakistan has offered some 1900 acres land for the purpose, in the vicinity of Port Qasim, 17km far from Pakistan Steel Mill. (Source, BR)
	China shows interest in Pakistan steel sector; China Metallurgical Construction Corporation (MCC), which already runs a copper mine in Balochistan, is showing interest in expanding and modernizing Pakistan Steel Mills (PSM), the country's only integrated steel-manufacturing plant, at a cost of US$2.2 billion. (Source, The Post)
	Mining in Thar: UK firm given assurance by Sindh government; Sindh government has given assurance to a UK-based firm, Oracle Coalfield Plc, that it will be the first company, which will start mining in Thar, official. This pledge was given at a recent meeting between Oracle representatives Mike Joyce, Tony Scutt and Shahrukh Khan, at the office of the Secretary of Mines and Mineral Development in Karachi. (Source, BR)
	Businessmen urged to explore Kazakhstan market; Pakistan's Ambassador to Kazakhstan Irfan-ur-Rehman Raja stressed upon exporters and manufacturers of Sialkot to concentrate on exploring the Kazakhstan market. There is great potential for improvement of bilateral trade between Pakistan and Kazakhstan, especially in the non-conventional sectors, including consumers items, furniture, light engineering goods and automobile spare parts. The private sector has to come forward and take the plunge, he added. He was addressing a seminar on Business Opportunities in Kazakhstan, held at the Sialkot Chamber of Commerce and Industry (SCCI). (Source, BR)
	Pakistan wants to be economic hub; Pakistan desires to have peaceful relations with its neighbors and is very sincere in pursuing a peace process with India toward resolution of disputes and normalization of ties. (Source, The Post)
	Textile issues to be resolved on priority basis; The Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan chaired a meeting regarding energy issues of Textile sector. During the meeting overall situation of textile sector in Pakistan and problems faced by textile sector due to energy crises came under discussion. (Source, Pakistan Times)
	SBP amends guidelines of MCGF ; The State Bank of Pakistan amending guidelines of Microfinance Credit Guarantee Facility (MCGF) on Thursday asked banks to make a microfinance lending policy duly approved from the Board of Director. (Source, BR)