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Envoy for further cementing Pak-Tajik economic ties

PESHAWAR   -   Ambassador of Tajikistan in Pakistan, Nasredin Ismatullo has called for removal of impediments in the way to further cement bilateral trade and economic ties between Pakistan and Tajikistan. While addressing a meeting at Sarhad Chamber of Commerce and Industry (SCCI) on Thursday, Nasredin said that Pakistan and Tajikistan should enhance mutual economic relations by exchanging business delegations and establishing links among them.

There are 21 ongoing CPEC projects: Yao

Chinese Ambassador to Pakistan Yao Jing on Wednesday said that his country is only charging 2-2.5 percent on government-to-government loans with a repayment term that goes into a long tenor. Talking to Sherry Rehman, PPP''s parliamentary leader, at her chamber in about Rehman''s concerns on Pakistan''s indebtedness to China, he said that sovereign guarantees are only required on government projects and currently there are 21 ongoing projects worth $19 billion.

Rs100mn allocated for BOI in PSDP 2019-20

ISLAMABAD: The government has allocated Rs 100 million in Public Sector Development Programme (PSDP) 2019-20 for one on- going scheme of the Board of Investment (BOI) for the industrial promotion and Investment in the country.

According to the details, the government has allocated Rs. 100 million for establishment of Project Management Unit (PMU) on China Pakistan Economic Corridor – Industrial Cooperation Development Project (CPEC-ICDP)  in PSDP 2019-20 for industrial cooperation between Pakistan and China.

Pakistan’s exports increased in quantitative term: Dawood

ISLAMABAD: Pakistan’s garments, knitwear, cement, food and footwear exports increased in term of quantity, however, due to the global decline in prices, exports in dollar term could not go up and remained stagnant at the previous year’s level.

Advisor to Prime Minister on Commerce, Industries and Textile Abdul Razak Dawood said this while addressing a press conference flanked by Special Assistant to Prime Minister on Information Dr Firdos Ashiq Awan on Thursday.