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President Arif Alvi to attend 15th ECO summit in Asghabat on Nov 28

The summit meeting will review activities of the Organization and adopt ‘Ashgabat Consensus for Action’ as the outcome document

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President Arif Alvi to attend 15th ECO summit in Asghabat on Nov 28
GNN Media: Representational Photo

Islamabad: President Dr. Arif Alvi will pay an official visit to Turkmenistan to attend the 15th summit of the Economic Cooperation Organization (ECO), being held in Ashgabat on November 28.

The ECO summit will be chaired by President of Turkmenistan Gurbanguly Berdimuhamedov, the Foreign Office said Friday.

The theme of the summit is ‘Into the Future Together’. The summit meeting will review activities of the Organization and adopt ‘Ashgabat Consensus for Action’ as the outcome document.

The president will address the plenary session of the Summit. He will also hold bilateral meetings with participating leaders on the sidelines of the ECO Summit.

The ECO is a regional economic trade and development Organization established in 1985. Pakistan, Iran and Turkey are its founding members. The three countries were earlier part of the RCD (Regional Cooperation for Development), established in 1964.

In 1992, the ECO expanded to include Azerbaijan, Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan. Afghanistan also became a member later.

The ECO region is located in neighbourhood of China, Europe, Russia and Gulf States.

It comprises 6.3 percent of world population. It contributes more than 2% to global trade with around 3 percent share in global GDP.

The region is rich in fossil fuel and mineral resources. The intra-region trade is 8 percent. Main trading partners of the region are EU, China and the U.S.

Pakistan hosted the 13th ECO Summit in Islamabad in 2017, while the 14th ECO Summit was hosted by Turkey in virtual format.

Besides reviewing ECO programs and activities, the Summit meeting will also consider the mid-term review of ECO Vision 2025.

The Vision 2025 was adopted in 2017 during the 13th Summit held in Pakistan. It serves as an overarching policy roadmap for the future and revival of ECO and provides guidelines for cooperation in trade, connectivity, energy, tourism, economic growth, social welfare and the environment.

Siddra Sumreen

Syeda Siddra has been working as a web journalist for over the past seven years. She earned her M.Phil degree in Mass Communication from the Lahore Leads University. Ms. Siddra has previously worked with other renowned channels and is now associated with GNN as Senior Content Writer.

Pakistan

‘Pak-Turk-Kazakh Youth Forum on Biotech’ to be held in Sept

The event will include informative talks from young as well as the experienced scientists of the three countries.

Published by Mehak Javed

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‘Pak-Turk-Kazakh Youth Forum on Biotech’ to be held in Sept

Islamabad: Three-day `Pakistan-Turkey-Kazakhstan Youth Forum on Biotechnology’ will be arranged in September with emphasis on increasing the share of Muslim countries in biotechnology global market.

The forum, to be held from September 13-15, is being sponsored by COMSTECH-the OIC Standing Committee for Scientific and Technological Cooperation, Islamic Organization for Food Security (IOFS) and Islamic Cooperation Youth Forum (ICYF), an official said. 

The global biotechnology market is anticipated to reach a market value of US$ 775 billion by 2024 with an annual growth rate of 7.7%. Increased spending in biotechnology research and development, favourable initiatives by governments, global food security and the increasing need for emerging technologies are some of the factors influencing this growth.

Unfortunately, the share of Muslim countries in this global market of biotechnology is very little which needs to be increased.

This proposed tripartite youth forum (Pakistan-Turkey-Kazakhstan) will help promote excellence and competence in the field of agricultural biotechnology among Muslim countries.

The theme of the forum “Agriculture Biotechnology” aims at providing the best knowledge and resources to young participants to advance their research goals, the official informed.

The youth forum will stimulate the desire to collaborate and change the world of agricultural biotechnology and innovation by promoting state-of-the-art practices in biotechnology research and promoting evidence-based practices.

The event will include informative talks from young as well as the experienced scientists of the three countries.

The event will also include keynote lectures, plenary sessions, oral and poster presentations, discussions and other educational and social events that stimulate several networking opportunities among the young participants of Pakistan, Turkey and Kazakhstan.

The official highlighted that the forum aims to facilitate interactions within the young research community to discuss the latest developments in this rapidly advancing field and find ways to respond to the increasing demands of professionals and communities across the world.

The academics, students and researchers from the OIC countries may apply, while only participants from Kazakhstan, Pakistan and Turkey are eligible for the limited funding available for travel and local hospitality.

This youth forum is planned to be a hybrid event (Physical and virtual), while candidates are required to give their preference in the form.

The participants from all the member OIC states, who can bear their travel expenses may register for the forum and get ticket funding from their parent organizations.

The topics to be covered during the forum include Genome editing and new breeding technologies, large scale genomics and genomic selection in crop and livestock breeding, speed breeding for rapid genetic gain, variants of Cas proteins and their potential applications and high throughput phenomics.

SOURCE: APP

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World

Death toll from Iran tower block collapse rises to 18

The number of people still trapped under the rubble remains unclear.

Published by Mehak Javed

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Death toll from Iran tower block collapse rises to 18

Tehran: Iranian authorities announced Thursday that 18 people were killed in the collapse of a building under construction in southwestern Iran, in a new toll after four days of the tragedy. 

On Monday, a large part of the 10-storey "Metropol" building under construction collapsed in Abadan, one of the main cities in Iran's Khuzestan province. The building is located in the middle of one of the busiest streets in the city of 230,000 people.

The number of people still trapped under the rubble remains unclear.

The cause of the collapse, which occurred during a sandstorm, is yet to be ascertained. 

Police, however, arrested the owner of the building and the project manager of the construction company that built it.

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Pakistan

Govt hikes per litre price of petrol and diesel by Rs30

New prices will go into effect at midnight

Published by Faisal Ali Ghumman

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Govt hikes per litre price of petrol and diesel by Rs30

Islamabad: The federal government Thursday announced hike in per litre price of petrol and diesel by Rs30 each.

The announcement came after the International Monetary Fund (IMF) emphasised abolishing the subsidies on the commodities.

Federal Finance Minister Miftah Ismail announed raise during a press conference.

In a tweet, the minister said: "Government has decided to increase the prices of Petrol, High Speed Diesel, Kerosene Oil and Light Diesel Oil by Rs 30 per litre from Friday May 27, 2022. New prices will go into effect at midnight. The new price of petrol will be Rs 179.86 & diesel will be Rs 174.15 per litre."

Petrol will now be available at Rs179.86, diesel Rs174.15, Kerosene oil Rs155.56 and Light diesel Rs148.31.

Ismail said the government had no other option but to raise the prices, adding that "we are still bearing a loss of Rs56 per litre on diesel" even under the new pricing.

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