Business
Wheat to be cultivated on 1.66m acres in Sargodha division
Sargodha, October 28 , 2023 :Commissioner Sargodha division Muhammad Ajmal Bhatti has said that wheat crop would be cultivated on 1.66 million acres in the division this year, while a target of 35.86 maunds per acre yield had been set. Presiding over a meeting of the committee set up at division level to increase wheat…
Governor SBP stresses RMB use for China trade and investment
Islamabad, October 27, 2023: Governor State Bank of Pakistan (SBP) Jameel Ahmad highlighted the strong and long-lasting economic and financial ties between Pakistan and China and said using the Renminbi (RMB) for settling cross-border trade and investment transactions with China can further strengthen these ties. He was addressing a ceremony on ¬¬¬“Promoting the use of…
Pakistan inks agreement with Russia to import oil: Ali
Islamabad, October 27, 2023 :Caretaker Minister for Energy Muhammad Ali on Thursday said that Pakistan had inked an agreement with Russia to import oil. According to the agreement Pakistan will import oil from Russia at 60 dollars per barrel, he said while talking to a private television channel. ARMCO is also interested in establishing a…
Pak-US agree for enhancing economic , trade cooperation
Islamabad, October 25 , 2023 :Pakistan and the United States on Tuesday agreed to work closely on various bilateral trade and investment matters with the objective of enhancing the economic cooperation between both sides. Dr. Gohar Ejaz, Minister for Commerce and Industries & Production and Ambassador Katherine Tai, United States Trade Representative (USTR) held a…
Recent accords with China to add new chapter to CPEC: PM
Islamabad, October 25 , 2023 : Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday said Pakistan was committed to the implementation of projects recently concluded with China in diverse sectors. He said the recent agreements between the two countries would add a new chapter to the China-Pakistan Economic Corridor (CPEC). In a meeting with Chinese Ambassador…