Tag Archives: BOND

Pakistan, the US are in a crucial relationship because of the changing dynamics: Moeed | Instant News

KARACHI: The webinar was held to reset US-Pakistan relations under the auspices of the Karachi Foreign Affairs Council (KCFR), while Moin Fudda, Member of the Board of Governors, KCFR, moderated the event.

Special Assistant to PM for National Security and Strategic Planning Moeed Yousuf said that the two countries are in a crucial relationship because of the changing dynamics, while focusing on peace in Afghanistan, in addition to partnerships rather than monetary assistance. He said for the Afghan peace process it was important to reach the finish line to control bilateral damage, also mentioning that Pakistan had no problem with the US-India partnership as long as there was objectivity and there was nothing negative being initiated by India. Cameron Munter, the former US ambassador to Pakistan, stated that Pakistan must engage the administration of US President-elect Biden from an early age to create a positive impression, with a focus on the economic and diplomatic fields. Quite a few staff in the US administration on Afghanistan affairs and other foreign policy will be willing to solve multilateral issues and there is a need to explore new business areas such as IT, etc., through private sector involvement. Dr Daniel Markey, senior research professor, John Hopkins University, USA, stressed that bilateral mechanisms need to be developed and new ways to be adopted. Dr Markey said the areas of opportunity were the pandemic response, climate change, clean energy and (Iran) nuclear diplomacy, while highlighting US-India relations, it would stem from India’s minority protection approach and strategic competition with China. He added that only a responsible approach can avoid future India / Pak crises and business relations need to be visited with new commercial venues by unleashing the power of youth in Pakistan and having partnerships and connectivity. In his analysis, Prof Huma Baqai, IBA Karachi, said President-elect Joe Biden had to walk tightly because he had to carry out damage control due to recent events under Trump’s presidency. There is a need to have a ‘new relationship’ with certain measures and Pakistan must not be paired with China. There are mismatches on certain strategic issues between the US and Pakistan, which need to be addressed and Pakistan should not be considered a ‘contingent partner’. In his closing remarks, the Chairman of the KCFR, Ikram Sehgal, said Pakistan wanted to have a neutral stance on the issue of KSA and Iran, and not consider Sunni and Shia differences as a matter of conflict.


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Italy is attracted to a new era of technology, textile trade relations with Pakistan – Business | Instant News

Published in 08 January 2021 10:36 am

Andreas Ferrarese said Italy wanted to start a new era of economic and trade cooperation with Pakistan.

ISLAMABAD (APP) – Italian Ambassador to Pakistan Andreas Ferrarese said that Italy wanted to start a new era of economic and trade cooperation with Pakistan through technology transfer and for the improvement of Pakistan’s textile industry.

Green economy, technology transfer for industrial sectors including textiles and agro-industry, construction sector, education and health are the main focus areas for expanding bilateral cooperation, he told APP in an exclusive interview.

The Ambassador said that through a green economy, Italy wants to work with Pakistan for environmental protection, circular economy, resource management and saving, ecosystem protection and restoration, water conservation and natural disaster prevention.

Answering questions, he said Italy had set up the Italian-Pakistani Textile Technology Center (IPTTC) in Faisalabad at the National Textile University (NTU) to boost the local textile sector.

He said the training center, the first of its kind for Italian textile machinery technology in Pakistan, had been inaugurated some time ago. He said the project was financed by the Italian government to support the development of the local textile industry, by equipping it with Italian machines.

Answering a question, he said that a new economic mission would also be deployed in Pakistan to improve trade and economic connectivity, saying that there was enormous trade potential in various sectors of the economy that needed to be exploited.

He said that new economic missions would be established in Karachi and Islamabad.

Answering another question about the trade situation between Pak-Italy, he said that the promotion of bilateral trade between the two countries to the full potential of US $ 0.5 billion per year over the next three years from the current US $ 1.7 billion is one of the priorities. major part of his reign.

He informed that Pakistan’s exports to Italy were US $ 0.731 million during the 2019-20 fiscal year with textiles, leather, rice, ethanol, textile goods, sets, used clothing, cotton, apparel, knitwear, cereals, raw leather and leather, beverages. and footwear.

The ambassador said that during the 2019-20 fiscal year, Pakistan’s imports from Italy reached US $ 521 million which includes ships, ships and other floating structures, machinery, pharmaceutical products, aircraft, spacecraft, electricity, electronic equipment, organic chemicals , iron and steel, other chemical products, optics, photos, technical and medical equipment.

The Italian envoy said that currently Italy was providing technical assistance to Pakistan in the textile, leather and marble sectors. He said dairy and livestock, olive and olive products, plastics, processed food and the construction sector were areas where Italy could expand its cooperation with Pakistan.

He said the Pak-Italian Joint Economic Commission was a forum for bilateral economic engagement and was expected to meet in Rome in the last quarter of this year. He informed that of all its trade contribution to the EU, Pakistan’s share with Italy is 10 percent which will be increased in the future.

The Ambassador informed that Italy has become the largest contributor from the EU to Pakistan in remittances. He said that the construction of the new embassy building had been completed and they would move there soon.

He underlined the importance of promoting cultural connectivity to promote bilateral trade. His party will also encourage student exchanges to further strengthen bilateral relations.


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PM Imran expressed his determination to strengthen ties with Central Asia – Pakistan | Instant News

Published in December 29, 2020 19:58

PM Imran expressed his determination to strengthen ties with Central Asia

ISLAMABAD (Dunya News) – Prime Minister Imran Khan has underlined Pakistan’s determination to forge closer ties with Central Asia, including trade, investment, energy and people-to-people contacts.

He is speaking with Uzbekistan’s Minister of Transport Makhkamov Ilkham, who contacted him in Islamabad today (Tuesday).

The Prime Minister specifically highlighted the importance of concerted efforts to promote regional connectivity for economic growth and regional development. In this regard, the Prime Minister said that Pakistani ports provide a great opportunity for Central Asian countries to access the Indian Ocean.

The two sides agreed to pursue the “Mazar-e-Sharif – Kabul – Peshawar” Trans-Afghan railway project.

Imran Khan supported Uzbekistan’s efforts to secure project finance by signing a Joint Letter of Appeal addressed to the heads of various International Financial Institutions by Uzbekistan, Afghanistan and Pakistan.

The Prime Minister said he highlighted Pakistan’s positive contribution to the Afghanistan peace process and underlined that an inclusive and broad-based political solution would help build lasting peace and stability and contribute to the advancement of regional connectivity and prosperity.

During the meeting discussed matters relating to bilateral relations, regional connectivity, and peace and security in the region.

The Prime Minister underlined Pakistan’s brotherly relations with Uzbekistan based on shared religious, historical and cultural ties and reiterated the commitment to deepen bilateral cooperation in all areas.

He recalled his last meeting with President of Uzbekistan Shavkat Mirziyoyev and stated that Pakistan was looking forward to his visit as soon as possible.

The Minister of Uzbekistan conveyed his warm greetings and best wishes from the President of Uzbekistan and noted that President Mirziyoyev is looking forward to visiting Pakistan.

On behalf of President Mirziyoyev, he also repeated the Prime Minister’s invitation to visit Uzbekistan. He also reiterated Uzbekistan’s desire to have deeper bilateral trade and economic ties and improve connectivity with Pakistan.

The Minister of Railways Mr. Muhammad Azam Khan Swati and Trade Advisor Mr. Abdul Razak Dawood were present during the meeting.

Uzbekistan’s Minister of Transport is on a one-day visit to Islamabad to discuss in detail the rail and road cooperation from Central Asia to Pakistani ports.


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China will step up energy security as relations with the US and Australia deteriorate | Instant News

BEIJING – China outlined plans Monday to improve its energy security through greater use of renewable sources on rising tensions with major fossil fuel exporters such as the US and Australia.

“We are targeting multiple and safe energy sources to maintain our supply-demand balance,” Zhang Jianhua, director of China’s National Energy Administration, told reporters that day.

Although China produces large quantities of coking coal, it imports higher quality coal from Australia and liquefied natural gas from the US. Beijing’s growing diplomatic row with Canberra and Washington could disrupt the flow of this fuel, undermining President Xi Jinping’s efforts to create independent supplies. chain at home.

Wind, solar and other renewable sources are at the heart of Beijing’s plans for energy security and self-sufficiency. China’s energy white paper published Monday is committed to creating a national trading mechanism for carbon emissions, and utilities and other businesses will be encouraged to register.

Zhang called stronger energy security a priority under China’s new five-year economic plan, which starts in 2021. The government intends to include this goal in its new energy constitution.

Non-fossil fuels are estimated to account for 15.8% of China’s primary energy this year, Zhang said. That figure has increased by about 6 percentage points from 2012, with more increases expected as Xi aims to achieve net zero carbon emissions by 2060.

Zhang also cited other policy priorities, including urban and rural electrification in China and promoting the use of data in electricity distribution.


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Spy: Did the TVNZ brothers tie their secret weapon to Team NZ? | Instant News

TVNZ reporters Emily van Velthooven and Jesse Tuke have family in Team NZ.

There are two American Cup reporters with part in the walk on Team NZ – their brothers are on board.

Emily van Velthooven – Simon’s younger sister – and Blair’s sailor brother, Jesse Tuke, are part of the TVNZ reporting family.

Van Velthooven is a reporter for 1NEWS, while this is Tuke’s first foray into television as part of the seven-member TVNZ AC team, hosted by Toni Street and Scotty Morrison with Jack Tame on the reporting team.

The two siblings were in Bermuda four years ago to support their brother in winning the Auld Mug. They said they would feel better seeing him back home in Waitematā.

“I am very pleased with the reaction from the Kiwi who has just sailed,” said van Velthooven. “I remember being completely blown away by innovation and determination the first time I watched Emirates Team New Zealand in Bermuda.

“Bermuda is great – but I think Auckland would be better. We have a great fan zone to watch the races and some great bars and restaurants right in the middle. Even if you’ve never gone sailing, this is a party you don’t want. miss. “

Tuke has reporters and emcees in his title. She will be out in the water on TVNZ’s chase boat and mingle with the audience.

The snappy sailor suggests the people might confuse him and his brother – and says if he were to interview Blair he would try hard not to laugh. “I don’t think Blair and I have ever had such a serious conversation in our lives. Keeping facial expressions when asking big questions will be a real challenge.”

Tuke said he had fun growing up, sailing with all of his brothers, and even won national championship at one point with Blair, but said he was replaced by “someone named Peter”.

“We used to have regular Hobie Cat sailing races where the two youngest brothers (Blair and I) would race against the two eldest (Dan and Nathan). And like America’s Cup, it would always end up with some big bickering, water-offs and a couple of firefights if things really heat up, “said Tuke.

He said that so far Luna Rossa Prada Pirelli was a team to watch out for.

“There have been some good battles out in the water already and they will be up against each other as soon as they reach the water. Prada captain Jimmy Spithill is the main contender and he has to finish it so beware of the fiery Aussie … Overall, LR looks like it has a versatile package. strength, which will be needed under the various conditions that we will see in Hauraki this summer. “

He said the first race of the Copa America will be a moment that touches your heart when they cross the line for the first time and you will see which ships excel.

“The American Cup has rumors around it that I don’t think you would get with any other sport. Every four years or so it stops our country and everyone around it. I think it’s a combination of heaps of history, innovation and the fact that the country is small. We’re pretty good at it. There’s nothing better than Auckland for sailing spectacle – City of Sails for a reason. “


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