HYDERABAD: September 27
Labourers busy in unloading the potatoes bags from delivery truck at Vegetable Market.
HYDERABAD: September 27
Federal Minister for Interior Mohsin Naqvi in a meeting with the delegation of US Bureau of International Narcotics and Law Enforcement Affairs (INL).
ISLAMABAD: September 27 –
Children buy golden clay pots and money-boxes from a hawker’s handcart at near Bibi Pak Daman.
LAHORE: September 27-
Federal Minister for Law & Justice Senator Azam Nazeer Tarar had a meeting with Ambassador of Azerbaijan H.E. Khazar Farhadov
ISLAMABAD: September 27 –
25 major Chinese companies keen for investing in Pakistan
ISLAMABAD, Sep 27 (APP):As many as, 25 major Chinese investment companies have expressed their deep interest in investing in Pakistan.
In a Business Roundtable Conference of Chaoyang District, Beijing including agriculture, automobile, electrical alliances, pharmaceuticals, logistics, medical equipment and technology companies are included.
Minister for Board of Investment, Privatization & Communications Abdul Aleem Khan presided over the conference arranged at Pakistani Embassy in China, said a press release.
Country Director of Hong Kong business group Anna Su, Mayor of Daming County Mr. Li Shuang, Chief Advisor Qin Linzheng, Deputy Mayor Sun Deshi, Group President of Lianghao Mr. Li Hui, Qin Linz Heng and Ambassador of Pakistan to China Khalil Hashmi addressed this conference.
The conference discussed the cooperation between China and Pakistan and various MoUs were signed in the fields of textile technology, agriculture and animal husbandry.
Aleem Khan said that Pakistan’s population consists of 70% youth which is the 5th largest country in the world with a population of 23 million and where better labor and more consumers are available.
With China we will make bilateral investments in education, technology and various sectors in Pakistan who is a major partner in China’s Belt Road Initiative (BRI) and project besides CPEC, he added.
Abdul Aleem Khan further said that Pakistan has the 2nd largest reserves of Coal and the 7th largest reserves of Copper while we can become the center of business activities in the region by improving the agriculture and livestock sectors.
He said that for investment the atmosphere in Pakistan is favorable, we will welcome Chinese companies to shift their industry and today’s Round Table will be a milestone in this regard.
Moreover, Chairman of China Roads and Bridges Corporation Du Fie along with his delegation held a meeting with Abdul Aleem Khan in Beijing regarding the interest in Privatization of DISCOs in Pakistan and investment in the Special Economic Zone of Karachi.
Chinese officials offered mutual cooperation in the projects of Sukhar-Hyderabad Motorway M-6, Hyderabad-Karachi Motorway M-9, Karakoram Highway (KKH) Phase Two, Mansehra, Naran Kaghan, Babusar Tunnel to Karakoram Highway.
Abdul Aleem Khan also discussed the participation of Pakistan’s technical institutions in the technology sector by Chengdu University of China while the Executive Director of Price Waterhouse Copper (PWC) and other officers also held a meeting with the Federal Minister.
In his conversation, Abdul Aleem Khan said that with China we are deeply interested in Public-Private Partnership and Business-to-Business activities.
He described meetings with Chinese experts in the fields of textiles, leather, green energy and furniture as positive and beneficial for both the countries.
He observed that his visit to Beijing, China has been wonderful and successful which will further promote bilateral cooperation and mutual investment.
Aleem Khan praised the performance of the Embassy of Pakistan in China in this three-day visit which has expressed excellent performance in the promotion of business activities between Pakistan and China.
Rana Tanveer expresses satisfaction on implementation process of SME policy
LAHORE, Sep 27 (APP):Federal Minister for Industries and Production Rana Tanveer Hussain on Friday expressed satisfaction on the implementation process of the Small and Medium Enterprises (SME) Policy.
He chaired the 12th Meeting of National Coordination Committee on SME Development at the SMEDA Head Office. Federal Secretary Industries and Production Saif Anjum and Joint Secretary Nisar Ahmad Phularwan accompanied the minister in this meeting.
SMEDA CEO Socrat Aman Rana gave a presentation to update the implementation process of the SME Policy 2021 & Action Plan on this occasion.
Rana Tanveer Hussain also appreciated SMEDA’s active coordination with provincial working groups to expedite the formulation of implementation strategies in all provinces and administrative units.
He said the SME sector was the back-bone of economy that was why the federal government was spearheading SME development to create a conducive business environment for SMEs, enabling them to address the prevailing challenges.
He said that Prime Minister Shehbaz Sharif had established a Steering Committee on SMEs for monitoring and tracking SME development in the country. The committee had been entrusted to oversee initiatives and ensure the implementation of the National SME Policy, he added. The decisions made in NCC meetings were critical for SME development in Pakistan, and all relevant departments had been advised to make every effort to implement these decisions with full commitment and adherence, he said.
He further said the SME Census was crucial for informed policy-making and advised the Pakistan Bureau of Statistics (PBS) to actively prioritize and expedite the process of conducting a national-level SME Census.
He said the Prime Minister was keen to improving access to finance for SMEs and under his direction the State Bank of Pakistan had proposed to re-define SMEs by increasing their threshold. However, he urged the SBP to simplify the loan application farms for ease of SMEs.
Similarly, he also emphasized to simplify the cumbersome regulatory procedures at both the federal and provincial levels to foster a conducive business environment for SMEs, as suggested in the SME Policy.
Later, Rana Tanveer Hussain also chaired a meeting of the Consultative Group on the National Women Entrepreneurship Policy and Action Plan. SMEDA CEO Socrat Aman Rana gave an exclusive presentation in this regard.
Referring to the draft of National Women Entrepreneurship Policy, the minister said, “Women entrepreneurship plays a vital role in promoting gender equality, reducing poverty, and driving economic growth.”
After a thorough review of the Policy, the minister advised to get final comments from the stakeholders on this policy within a week so that the policy may be submitted for approval of the Cabinet at the earliest possible.
A large number of senior officials from provincial and federal departments including SBP, FBR, TDAP, PIDC and SECP participated in the meeting.
Prime Minister Muhammad Shehbaz Sharif addressing the 79th Session of United Nations General Assembly.
NEW YORK: September 27 –
Non-implementation of UN resolutions on Palestine has emboldened Israel: PM tells UNGA
UNITED NATIONS, Sep 27 (APP): Prime Minister Shehbaz Sharif on Friday criricised the world’s indifference towards Palestine as the non-implementation of the United Nations resolutions on the issue had emboldened Israel, risking a wider Middle East conflict with severe and far-reaching consequences.
Addressing the 79th United Nations General Assembly (UNGA), the prime minister said that Israel’s relentless bombing of Lebanon, resulting in over 500 casualties, including women and children, was done in just a few days.
PM Shehbaz, expressing the Pakistani nation’s full support for Palestinians, said, “This isn’t just your battle; it’s a fight for humanity. Your struggle showcases humanity’s best. We support Palestine, stand with Gaza, and stand for justice.”
He voiced outrage at the humanitarian crisis in Gaza, questioning how humanity could remain silent in the face of such tragedy.
“This is not a conflict, but systematic slaughter of innocents and an assault on human life and dignity,” he stated.
The responsibility for Gaza’s sufferings, he said, “lies not only with the oppressors but also with those who fail to act to end this injustice”.
PM Shehbaz stressed the urgent need for action to end the Palestinian conflict. “When we ignore the endless sufferings of the Palestinian people, we diminish our humanity. Condemnation alone is not enough; we must demand an immediate end to this bloodshed,” he stressed.
The prime minister called for a lasting peace in Palestine through a two-state solution, recognizing a viable, secure, contiguous, and sovereign State of Palestine based on pre-1967 borders, with Al-Quds Al-Sharif as its capital. To achieve it, he said, Palestine’s full membership in the United Nations was imperative.
Prime Minister Muhammad Shehbaz Sharif addressing the 79th Session of United Nations General Assembly.
NEW YORK: September 27 –