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Economy

Pakistan to export potato, cherry, wheat to China, confirms Chinese language ambassador

APP picture Yao Jing, the Chinese language ambassador to Pakistan, has stated that China is fascinated by enhancing its import of potato, cherry and wheat from Pakistan. The ambassador met Federal Minister for Nationwide Meals Safety and Analysis Sahibzada Muhammad Mehboob Sultan on Friday and mentioned bilateral commerce and cooperation …

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Pakistan might get by with out an IMF mortgage: Finance Minister Asad Umar

Finance Minister Asad Umar has mentioned that it’s potential for Pakistan to handle its monetary state of affairs with out approaching the IMF for a mortgage.  He instructed senior journalists that there are not any situations for the monetary bundle from Saudi Arabia. He mentioned the federal government has taken a mortgage …

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ExxonMobil will begin drilling for oil, fuel reserves in Pakistani waters from Friday

Photograph: AFP A vessel of US oil-giant ExxonMobil will begin drilling tomorrow (Friday) to seek for reserves of oil and fuel in Pakistan’s territorial waters. The US oil-giant has anchored its mom vessel 230 kilometres into Pakistan’s aquatic territory to search out the reserves. Three extra ships may also be …

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Property and accounts of banned outfits seized, Pakistan govt tells FATF in Sydney dialogue

Pakistan has frozen the financial institution accounts and property of banned outfits, a delegation of the Pakistani authorities advised the Asia Pacific Group (APG) of the Monetary Motion Job Drive in Sydney on Tuesday.  Primarily based out of Paris, the FATF is an inter-governmental physique that combats cash laundering, terrorist …

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Saudi Arabia to rearrange conferences between Saudi and Pakistani corporations

Saudi Arabia’s Export Improvement Authority will organise conferences between its 65 corporations and 35 Pakistani companies to extend its imports. The conferences are to be held by means of Saudi-Pakistani Commerce Mission on January 13 and January 14 in Jeddah. The discussion board will facilitate the Pakistani corporations searching for …

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