Pakistan, China sign MoU to promote industrial cooperation


Pakistan and China have signed a Memorandum of Understanding to promote industrial cooperation between the two countries.

Addressing on the occasion, Economic Minister deputed at Pakistan’s embassy in Beijing Aslam Chaudhary briefed the participants about the incentives offered by the present government to attract the foreign investment especially from China.

He informed that special economic zones are being established across Pakistan where the Chinese enterprises could relocate their industry and export products to different countries taking advantage of preferential agreements signed by Pakistan with various countries.

Aslam Chaudhary said the government is focusing the industrialization in the second phase of China Pakistan Economic Corridor and offering opportunities in various sectors.

Source: Radio Pakistan

Interior Minister directs to issue urgent passports to overseas Pakistanis within 7 days


Interior Minister Mohsin Naqvi has directed to issue urgent passports to overseas Pakistanis within seven days.

He was speaking during his visit to Passport and NADRA centers in London today.

The Minister said normal passport will be issued within 30 days and this policy will be applicable to all Pakistani missions abroad.

He took notice of delay in issuance of passports to overseas Pakistanis, as normal passports were being issued in approximately four months while urgent in one and a half month.

The Minister said no delay will be tolerated anymore and action will be taken against non-issuance of passport within stipulated time.

He also established a monitoring cell to ensure delivery of passports within time.

The cell will be headed by Personal Staff Officer to the Interior Minister, ASP Shahrbano.

Overseas Pakistanis will be able to lodge complaint at email address: [email protected] if they do not receive their passport within time.

On the occasion, the Interior Minister also interacted wi
th Pakistanis present in the centers.

They appreciated the performance of NADRA and no one complained about it, upon which the Minister congratulated the NADRA staff for their good performance.

Pakistan’s High Commissioner to the United Kingdom Dr. Muhammad Faisal was accompanying the Interior Minister.

Source: Radio Pakistan

Deputy PM, Iranian acting FM discuss Gaza situation


Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar has reiterated Pakistan’s full support for all initiatives aimed at ending the genocide in Gaza and humanitarian relief to the Palestinian people.

This he stated during a telephonic conversation with Iran’s Acting Foreign Minister Ali Bagheri today.

They discussed the situation in Gaza and unabated Israeli atrocities against Palestinians.

Source: Radio Pakistan

‘Plant Protection Dept to be upgraded on modern lines’


Minister for National Food Security and Research Rana Tanveer Hussain says Department of Plant Protection will be upgraded on modern lines to ensure that its operations meet top quality benchmarks.

He was talking to Director General of the Department Dr. Tariq Khan who called on him in Islamabad today.

The Minister said the Plant Protection Department is highly significant in agriculture sector and it needs to be digitalized for more efficacy.

He said efforts will be made to develop a comprehensive strategy to further improve the performance of the department.

The Minister said strategy will also be formulated to improve the fumigation system and the number of fumigation companies will be further expanded.

He said the registration system of pesticides will also be digitalized.

Rana Tanveer Hussain said an effective system of timely inspection of rice and mango plants should be established.

He said exporters will be provided with all possible facilities within law to boost exports but compromise on qua
lity and standards will not be acceptable.

He said the government has a strong commitment to increasing exports.

On the occasion, the DG Plant Protection briefed the Minister on the department’s functions, performance, and the challenges it faces.

Source: Radio Pakistan

SIFC’s role vital in growth of IT sector


Special Investment Facilitation Council (SIFC) has played an important role in improving the growth of the IT sector in the past year through investment friendly policy initiatives.

This year, Pakistan’s IT exports to Saudi Arabia reached $310 million in the month of April, a significant milestone and the highest ever recorded in a single month.

The IT sector is on its way to becoming Pakistan’s largest export market and Pakistan’s continued exports to Saudi Arabia have seen an annual increase of $100 million in IT exports over the past two years.

Additionally, according to data released by the State Bank of Pakistan (SBP), IT exports have increased by 62 percent year-on-year and export receipts have seen a 1 percent increase over the previous month.

IT sector exports hit a record high of $2.59 billion from July to April of the current financial year, showing a year-on-year growth of 21 percent over the same period last year.

Source: Radio Pakistan