Quadrilateral
meeting at Dushanbe: region needs to cooperate in energy and trade,
says Medvedev;
The quadrilateral summit meeting of Pakistan, Tajikistan, Afghanistan
and Russia on Thursday recognized the significance of strengthening
mutually beneficial economic co-operation as an important component
of solidifying mutual ties. The joint statement issued after President
Asif Ali Zardari, Tajik President Emomali Rahmon, Russian President
Dmitry Medvedev and Afghanistan President Hamid Karzai met in
the Tajik capital, also stressed the importance of the development
and strengthening of economic and trade relations among the four
countries.
(Source, BR)
Zardari
and Russian president discuss bilateral ties;
President Asif Ali Zardari and his Russian counterpart Dmitry
Medvedev discussed bilateral ties as well as the regional and
international issues of mutual interest, as they met in Dushanbe
on Thursday, ahead of a quadrilateral meeting with Tajikistan
and Afghanistan.
(Source, BR)
Aid
package for Pakistan: IMF considering augmentation;
The International Monetary Fund said on Thursday it is considering
an increase for an aid package for Pakistan agreed on last November.
"I can confirm an augmentation is under consideration,"
IMF spokeswoman Caroline Atkinson told journalists in response
to questions on reports that Pakistan had requested an additional
four billion dollars.
(Source, BR)
Pakistan
to export rice to Philippine;
Pakistan and Thailand will export to the Philippines a total of
75,000 metric tons (MT) of well-milled long-grain white rice of
25-percent broken. The rice imports are scheduled to start in
August and September this year.
(Source, Daily
National Courier)
Canada
rules out free trade agreement;
Canadian Trade Commissioner Marilyn Denton met committee members
of the Karachi Chamber of Commerce and Industry (KCCI) to discuss
the means of broadening bilateral trade between Canada and Pakistan.
The trade commissioner said Pakistan is rich in resources and
has a special relationship with Canada because it is the fourth
largest source of immigrants to the country.
(Source, The
News)
Many
industrialists approaching for investment: Qaim;
Sindh Chief Minister, Syed Qaim Ali Shah chaired the first meeting
of Sindh Board of Investment (SBI) at Chief Minister House. Highlighting
the concept and objectives of the Board, the Chief Minister said
it will be our utmost effort to attract investment in Sindh particularly
in Karachi which is economic hub of the country.
(Source, BR)
Success
of trade policy linked to energy supply;
The Pakistan Industrial and Traders Associations Front (PIAF)
has linked the success of trade policy to availability of cheaper
electricity, continuous gas supply to the industry, withdrawal
of a rise in prices of petroleum products and cut in mark-up rates.
(Source, The
News)