Pakistan News

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  • Karachi mayor says Muttahida had no option but to sign deal with PTI

    KARACHI: City Mayor Wasim Akhtar, also a central leader of the Muttahida Qaumi Movement-Pakistan, said on Saturday that his party had no other option but to make a deal with the Pakistan Tehreek-i-Insaf (PTI) as the people had tested the Pakistan Muslim League-Nawaz and Pakistan Peoples Party...

    He was talking to media persons at the head office of the Karachi Metropolitan Corpora­tion...

  • Railcop, FWO sign agreement

    ISLAMABAD: Railway Constructions Pakistan Limited (Railcop), a subsidiary of Pakistan Railways, on Thursday signed a memorandum of understanding (MoU) with the Frontier Works Organisation (FWO) to carry out infrastructure development projects in the railways sector...

    The MoU will allow the two organisations to carry out joint ventures in the wake of China-Pakistan Economic Corridor and the government plans of linking Azad Kashmir with...
  • US, India to sign 10-year defence cooperation pact

    WASHINGTON: US Defence Secretary Ashton Carter arrives in India on Tuesday to sign a 10-year defence framework agreed during President Barack Obama’s visit to New Delhi in January...

    “The 2015 US-India Defence Framework I will sign next week will open up this relationship on everything, from maritime security to aircraft carrier and jet engine technology cooperation,” Mr Carter told delegates at a meeting in Singapore last week... ...

  • S. Korea, China formally sign free trade pact

    SEOUL: China and South Korea on Monday formally signed a free trade agreement (FTA) that would remove most tariffs between Asia’s largest and fourth-largest economies, whose trade is already worth more than $200 billion...

    The pact — largely agreed in November and signed by the two nations’ trade ministers on Monday — aims to gradually remove tariffs on more than 90 per cent of traded goods within 20 years
  • BoI, Pak-Saudi Chamber sign MoU for investment

    ISLAMABAD: The Board of Investment (BoI) and Pak-Saudi Joint Chamber of Commerce and Industry (PSJCCI) on Monday signed a memorandum of understanding (MoU) to encourage and facilitate bilateral investment between the two countries...

    Saudi Arabia has tremendous potential for halal food products, an area which continues to be neglected by investors and investment in this sector would help enhance the volume of bilateral trade, observed...
  • Pakistan will not sign NPT, says foreign secretary

    WASHINGTON: Pakistan will not sign the nuclear Non-Proliferation Treaty (NPT) because it considers it discriminatory, said Foreign Secretary Aizaz Ahmad Chaudhry as he led the Pakistani team at a meeting with US officials on Tuesday on security, strategic stability and non-proliferation issues...

    Pakistan has the right to defend itself, so Pakistan will not sign the NPT...

  • Afghanistan, Turkey, ex-Soviet trio sign corridor agreement

    ASHGABAT: A road and rail corridor connecting war-torn Afgha­nistan with Turkey and Europe was signed off by officials from five countries on Wednesday in Turkmenistan’s capital Ashgabat...

    The so-called Lapis Lazuli corridor agreement is the product of more than five years of talks involving Afghanistan and Turkey as well as the ex-Soviet countries Azer­baijan, Georgia and Turkmenistan
  • Balochistan to sign economic zone deal with China: official

    QUETTA: Balochistan is set to sign a deal with China Wednesday allotting thousands of acres of land for Beijing to develop a massive special economic zone in the deep sea port of Gwadar, officials told AFP...

    Gwadar port, located 540 kilometres southwest of Karachi, was built in 2007 with technical help from Beijing as well as Chinese financial assistance of some $248 million...

  • Trump’s limited appeal a warning sign for Republicans

    WASHINGTON: The Democrats’ election victories in Virginia and New Jersey showed Republicans losing more ground in suburban areas, where US President Donald Trump’s unpopularity could cost them dearly in next year’s congressional races...

    The results from Tuesday, particularly in Virginia, suggest that Trump’s strategy of playing to a loyal but limited base has not enabled him to broaden support for his presidency or his party
  • Hubco, Private Power and Infrastructure Board sign agreements

    ISLAMABAD: Hub Power Company (Hubco) signed on Friday an implementation agreement and a supplemental implementation agreement with the Private Power and Infrastructure Board (PPIB) for 330-megawatt Thar coal-based power project...

    These agreements will materialise the financing of around $500 million as project cost
  • Fatah, Hamas sign accord for Palestinian reconciliation

    GAZA: Rival Palestinian factions Hamas and Fatah signed a reconciliation deal on Thursday after Hamas agreed to hand over administrative control of Gaza, including the key Rafah border crossing, a decade after seizing the enclave in a civil war...

    The deal brokered by Egypt bridges a bitter gulf between the Fatah party of Palestinian President Mahmoud Abbas and Hamas, an Islamist movement
  • Polar bears crowd on Russian island in sign of climate change in the Arctic

    A boatload of tourists in the far eastern Russian Arctic thought they were seeing clumps of ice on the shore, before the jaw-dropping realisation that some 200 polar bears were roaming on the mountain slope...

    “It was a completely unique situation,” said Alexander Gruzdev, director of the Wrangel Island nature reserve where the encounter in September happened
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