Pakistan News

    1959 Us Pakistan Cooperation Agreement

  • British foreign secretary in Cuba, a first since 1959

    HAVANA: Britain’s foreign secretary met Cuban officials on Thursday on the first such visit to the island since 1959, for talks on boosting trade and tourism ties with the communist state...

    Hammond told reporters in Havana that he was “the first UK foreign secretary to visit Cuba since the revolution” that brought Fidel Castro to power in 1959...

  • Renault signs new agreement to assemble cars in Pakistan

    KARACHI: After suspending talks with Ghandhara Nissan Ltd (GNL) last week, French automaker Renault is making another attempt to assemble and distribute its vehicles in Pakistan in partnership with Al Futtaim, a Gulf-based business house...

    ”Renault suspended talks with GNL as per a notice that the former sent to the Pakistan Stock Exchange (PSX) last Friday...

  • Pakistan Rangers, India's BSF agree to 'revive spirit of 2003 ceasefire agreement': ISPR

    The leadership of Pakistan Rangers and India's Border Security Forces (BSF) agreed on Friday that the "spirit" of a 2003 ceasefire agreement must be revived to protect innocent lives, an Inter-Services Public Relations (ISPR) press release issued the same day revealed...

    The three-day meetings of the two forces' senior officials, held in New Delhi, are an annual event hosted in either India or Pakistan...

  • Pakistan seeks changes in free trade agreement with China

    ISLAMABAD: Pakistan will try to convince Chinese authorities to revise the existing free trade agreement (FTA) on the less-than-equal reciprocity principle, Commerce Minister Pervaiz Malik told Dawn on Friday...

    “We will demand an early-harvest programme in the existing FTA that will cover 100 items of Pakistan’s export interest,” Mr Malik said...

  • Lessons for Pakistan to learn from Free Trade Agreement with China

    While the Pakistan and China bilateral Trade Agreement, signed in 2006, seemed to be quite enthusiastic and ambitious; the ground realities turned out to be quite different...

    Pakistan’s trade and industry was, and continues to be, adversely affected by the explosion of Chinese goods in the market with special reference to polyesters, textile (made ups and fabrics), table-ware, shoes, chemicals, iron, steel and toys...

  • Sindh to block gas to Pakistan if SSGC does not finalise gas provision agreement: CM Shah

    Sindh Chief Minister Murad Shah in the Sindh Assembly on Thursday threatened to restrict the province's gas supply to the rest of the country if an agreement with the Sui Southern Gas Company (SSGC) for provision of gas to the province is not finalised by the weekend...

    Shah, elaborating the details of the agreement, which seeks the provision of an additional 20 million cubic feet of gas per day to the province, said Sindh requires...

  • Pakistan, Iran central banks sign agreement to facilitate trade

    The State Bank of Pakistan (SBP) signed a Banking and Payment Arrangement (BPA) with Iran’s central bank, Bank Markazi Jomhouri Islami Iran (BMJII), on Friday in Tehran...

    Deputy Governor SBP Riaz Riazuddin and Vice Governor BMJII signed the agreement on behalf of their central banks, said a statement released by SBP...

  • Pakistan, WB sign $500m credit agreement for growth of economy

    WASHINGTON: Pakistan and the World Bank signed the $500 million Second Fiscally Sustainable and Inclusive Growth DPC (Development Policy Credit) to support Pakistan's efforts to reinvigorate growth and stabilise the economy...

    Pakistan's Ambassador to the United States Jalil Abbas Jilani and World Bank Vice President for the South Asian Region Annette Dixon signed the accord in Washington, reported Radio Pakistan...

  • What does the Paris Agreement mean for Pakistan?

    Twenty-three years after the Earth Summit of 1992, it took just a few minutes for the Paris climate agreement to be adopted on December 12th at COP21...

    Yes, the 196 countries of the world that are signatory to the UN Framework Convention on Climate Change (which was born at the Earth Summit) had finally come to a consensus agreement on climate change, and that was a moment to celebrate...

  • Pakistan, Afghanistan to revise transit trade agreement

    ISLAMABAD: Pakistan and Afghanistan have agreed on a facilitation package to boost bilateral trade to $5 billion in the next few years...

    An official of the commerce ministry told Dawn that in the first step the two countries would exchange revised draft transit trade agreement, by March 15 at the latest...

  • Pakistan, Russia sign agreement for construction of North-South gas pipeline

    ISLAMABAD: Pakistan and Russia on Friday signed an inter-governmental agreement for the construction of a gas pipeline from Lahore to Karachi, Radio Pakistan reported...

    The agreement was jointly signed by Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Russian Energy Minister Alexander Novak in a ceremony attended by Prime Minister Nawaz Sharif...

  • Pakistan joins Ashgabat Agreement, Lapis Lazuli Corridor

    Prime Minister Nawaz Sharif on Saturday announced Pakistan's decision to join the Ashgabat Agreement and the Lapis Lazuli Corridor while addressing a two-day Global Sustainable Transport Conference in the Turkmen capital...

    The Ashgabat agreement is a transport agreement between Oman, Iran, Turkmenistan, Uzbekistan and Kazakhstan and seeks to create an international transport and transit corridor...

  • Pakistan, Switzerland to sign agreement for bank account information exchange: Dar

    Finance Minister Ishaq Dar on Wednesday told the National Assembly that Pakistan will sign an agreement with Switzerland on exchange of information regarding bank accounts on March 21...

    "The Swiss government offered to sign such an agreement with Pakistan in the third quarter of the current month that will enable us to exchange information on tax-evaded money," Dar said in a policy statement...

  • Pakistan, Iran look to revisit gas pipeline agreement

    ISLAMABAD: Pakistan has shared with Iran amendments to gas sale and purchase agreement (GSPA) to extend implementation schedule and revise pricing under the $1...

    The petroleum ministry told parliament a few days ago that for the Iran-Pakistan (IP) project to be implemented in the extended period, “amendment to the GSPA was required”...

  • Pakistan to sign agreement with Azerbaijan to facilitate oil, gas import

    ISLAMABAD: Pakistan and Azerbaijan will sign an inter-governmental agreement (IGA) to facilitate import of oil and gas products from the former Soviet nation after arrival of President Ilham Eliyev on Tuesday, said Petroleum Minister Shahid Khaqan Abbasi...

    Speaking to Dawn on Monday, Mr Abbasi said the IGA would empower oil and gas companies of the two countries to start talks on trade and investment cooperation including oil,...

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