Govt Agrees To Allow Private Sector To Market Lng

ISLAMABAD: The government has agreed to allow the private sector to market imported gas under the energy sector reforms in a bid to break monopoly of state-run gas utilities, a senior official in the Ministry of Petroleum and Natural Resources said. According to the official, a

Russia, India Eyeing To Tap Pakistan Gas Market

ISLAMABAD: As Russia fears losing markets in the European Union (EU) because of the ongoing tussle with the United States (US) and European Union over the Ukraine issue, it is looking to capture Pakistan’s market for exporting gas by laying offshore gas pipeline. Russian is a big

Chinese Company To Set Up Cross-Border Telecom Infrastructure

BEIJING: China Telecommunications Corp will set up resources to complete cross-border telecom infrastructure initiatives including the China-Pakistan information corridor, the China-Laos-Thailand and the China-Bangladesh-Myanmar-India projects. “Cross-border telecommunication infrastructure is one of the first steps for international cooperation,” Deng Xiaofeng, CEO of its international unit China Telecom

FTA To Be Signed Between Pak-Iran After Resumption Of Banking Channels

ISLAMABAD, April 25 (APP):Pakistan-Iran Free Trade Agreement (FTA) would be signed between the two countries after State Bank of Pakistan and Central Bank of Iran resume banking channels. Joint Ministerial level meeting between Pakistan and Iran would be held in Tehran in first week of

Wb Offers Technical, Financial Help In Renewable Energy

ISLAMABAD, April 24 (APP): President The World Bank (WB) Dr Jim Yong Kim Monday offered The World Bank’s technical and financial help in technological improvements in the renewable energy sector. According to a message from Embassy of Pakistan, he was talking to Finance Minister Senator

Pakistan Is Fast Improving Ease Of Doing Business

ISLAMABAD, April 25 (APP): The present Government is committed to ensuring transparency in all sectors of the economy working closely with international organizations like OECD etc. for bringing good governance through transparency and fighting against corruption & tax evasion, Federal Finance Minister, Senator Mohammad Ishaq Dar

Russia Receives First Il-22Pp Porubschik Electronic Countermeasures Planes

Russia’s air force has taken delivery of the first three Ilyushin Il-22PP Porubschik aircraft, featuring up-to-date jamming equipment capable of disabling electronics systems on enemy planes. The equipment for conducting electronic warfare has been installed on an airplane made in the mid-1970s. Despite this, developers

KP Govt Sign 11 MoUs With Chinese Companies

ISLAMABAD, (APP): Khyber-Pakhtunkhwa government has singed 11 Memorandum of Understanding (MoUs) with the Chinese Companies for completion of various development projects under China-Pakistan Economic Corridor (CPEC). According to Radio Paksiatn , an agreement to this effect was signed in Beijing on Monday. The development projects

Pak Welcomes Desire Of British To Join CPEC Project: Ahsan Iqbal

ISLAMABAD, (APP): Pakistan welcomes the desire of Britain to join the multi-billion dollar China-Pakistan Economic Corridor (CPEC) project. Minister for Planning and Development Ahsan Iqbal in an Interview with Radio Pakistan said that several other countries in the European Union and the Central Asian Republics are also evincing keen interest