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Pakistan's fruits export up by six percent in 10 months

ISLAMABAD: The export of fruits from the country witnessed an increase of 6.37 percent during the first 10 months of current fiscal year against the exports of the corresponding period of last year.

The fruits'' export from the country were recorded at $ 380.869 million during July-April (2018-19) against the exports of $358.062 million during July-April (2017-18), showing a growth of 6.37 percent, according to Pakistan Bureau of Statistics.

IM Sciences strikes collaboration with Chinese Cos on CPEC projects

PESHAWAR: The IM Sciences arranged a listing ceremony of Feiyun Culture and IMSciences Industry Talent Training Base under the China-Pakistan Economic Corridor Industry-Government-Academia Consortium.

Representatives from a range of universities and mega companies of China, including China Gezhouba Group Company Limited, China Road and Bridge Corporation Pakistan Co Ltd., China Energy Engineering Group Guang Dong Electric Power Design Institute Co Ltd, Beijing Jiaotong University and Chang’an University attended the ceremony.

Call to rebuild BOI on ECC pattern

LAHORE: Punjab Board of Investment and Trade (PBIT) Chairman Sardar Tanveer Ilyas Khan Monday said the federal government should reconstruct and establish the Board of Investment (BOI) on the pattern of the Economic Coordination Committee (ECC) of the cabinet, in which it gives representation to the Provincial Board of Investment and Trade institutions in order to better coordination, and good investment friendly decisions.

Pakistan, Uzbekistan agree to boost trade volume to $300m

Pakistan, Uzbekistan agree to boost trade volume to $300mPakistan and Uzbekistan on Monday agreed to strengthen bilateral trade, setting the target of touching $300 million as trade volume.

The agreement was reached during the delegation-level talks as Foreign Minister Shah Mehmood Qureshi and Uzbekistan’s Deputy Prime Minister Elyor Ganiev led their respective sides here at the Ministry of Foreign Affairs. The two sides discussed implementation of the decisions taken by their leaderships in previous high-level meetings.

CPEC expanding to new sectors, says Chinese VP

ISLAMABAD: Chinese Vice President Wang Qishan opened his three-day visit to Islamabad on Sunday by recalling the strength of the bilateral relationship and expressing the resolve that Pakistan and China would continue to safeguard each other’s interests.

On the first day of the trip, VP Wang inaugurated a number of projects along with Prime Minister Imran Khan and the two leaders witnessed signing of several agreements.

Soon after his arrival at Chaklala airbase, VP Wang spoke at a meeting of “Friends of Silk Road” hosted by the Pakistan-China Institute.

Wang Qishan receives warm welcome in Lahore

LAHORE - Vice President of People’s Republic of China Wang Qishan was accorded a warm welcome as he arrived in the provincial metropolis on a two-day official visit.

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Punjab Chief Minister Punjab Sardar Usman Buzdar along with members of his cabinet received him at the Lahore Airport. Little girls presented a bouquet to the Chinese Vice President.

Australian businessman keen to invest in Pakistan: HC

ISLAMABAD : Australian High Commissioner Margaret Adamson on Monday said Australian businessman and trade firms are keen to invest in Pakistan keeping in view the investment friendly environment.

While meeting National Assembly deputy speaker, she said that Australia attached great importance to its relations with Pakistan and wanted to further strengthening the existing relations trough enhanced parliamentary and economic cooperation.

Govt to ensure provision of electricity to SEZs

PM’s adviser says incumbent regime aims to facilitate industrial relocation from China
ISLAMABAD: The federal government has decided to start the electrification process at the special economic zones (SEZ). The first SEZ that would get immediate relief in this regard would be the Bin Qasim Industrial Parks in Karachi.

This was decided in a meeting co-chaired by Adviser to Prime Minister on Commerce Abdul Razak Dawood and Power Minister Omar Ayub Khan on Thursday.

The meeting was held to discuss issues pertaining to the provision of electricity and gas to the SEZs.