Pakistan
Pakistan, Turkiye vow to further solidify their economic ties
The meeting discusses holding next session of High-Level Strategic Cooperation Council soon to work on ways for increasing bilateral trade volume to five billion dollars
Islamabad: Pakistan and Turkiye on Monday resolved to further solidify their economic ties by increasing investments and bilateral trade volume.
The commitment was expressed during meeting between Ambassador of Turkiye to Pakistan Mehmet Pacaci and Minister for Economic Affairs Ahad Khan Cheema in Islamabad on Monday (today).
The meeting discussed holding next session of High-Level Strategic Cooperation Council soon to work on ways for increasing bilateral trade volume to five billion dollars.
The meeting was centered on enhancing brotherly relations with a focus on elevating economic cooperation to new heights.
In this regard, establishment of a branch of Turkish bank in Pakistan was also discussed.
The Minister reiterated Pakistan's commitment to continue working closely to realize the full potential of the bilateral relationship and enhance cooperation across various sectors.
He highlighted that Special Investment Facilitation Council aims at attracting investments from friendly countries and there is huge potential for Turkish investment in Agricultural Machinery and Equipment and Large Scale Corporate Farming.
The Minister stressed the importance of enhancing collaboration through Government-to-Government (G2G) and Business-to-Business (B2B) arrangements.
On the occasion, the Ambassador reiterated Turkiye's eagerness to explore avenues for expanding bilateral trade and fostering cooperation in energy, banking, commerce, railways, and tourism.
Pakistan
AJK govt announces subsidies on flour, electricity prices
Prime Minister Azad Kashmir Chaudhry Anwaar ul Haq says notifications have been issued immediately following intervention of Prime Minister Shehbaz Sharif
Islamabad: Azad Jammu and Kashmir government announced subsidy in prices of flour and electricity immediately after the federal government approved release of twenty three billion rupees from national exchequer to solve the issue.
Addressing a news conference in Islamabad on Monday, Prime Minister Azad Kashmir Chaudhry Anwaar ul Haq said notifications have been issued immediately following intervention of Prime Minister Shehbaz Sharif.
He thanked Prime Minister Shehbaz Sharif for his keenness in resolving the issue amicably and ordering the prompt issuance of notifications.
As per the notification, price of flour has been reduced from 3100 rupees to 2000 rupees per 40 kilogram.
Electricity prices will be 3 rupees per unit for usage between 1-100 units, 5 rupees per unit for usage between 100-300 units and 6 rupees per unit for the 300-above slab.
The commercial rates of electricity have been fixed at 10 rupees per unit for 1-300 unit slab and for 300 above slab, it has been fixed at 15 rupees per unit.
The AJK Prime Minister thanked the federal government for enduring a burden of twenty three billion rupees on national exchequer with an open heart to for the sake of people of Azad Kashmir.
Pakistan
Weather update:Â Most parts of country likely to remain dry, hot
The MET office says  rain-wind and thunderstorm is expected at isolated places in Gilgit-Baltistan, Kashmir and adjoining hilly areas
Islamabad: Mainly hot and dry weather is expected in most parts of the country while, very hot in southern parts during the next twelve hours.
However, rain-wind and thunderstorm is expected at isolated places in Gilgit-Baltistan, Kashmir and adjoining hilly areas.
Dust raising and gusty winds with light rain/thunderstorm may occur at few places in south Punjab and upper Sindh.
Temperature of major cities recorded this morning:
Islamabad and Gilgit fifteen degree centigrade, Lahore twenty-three, Karachi twenty-nine, Peshawar twenty, Quetta twelve, Muzafarabad fourteen and Murree ten degree centigrade.
According to weather forecast for Indian Illegally Occupied Jammu and Kashmir, partly cloudy weather with chances of light rain and thunderstorm is expected in Srinagar, Pulwama, Anantnag, Shopian and Baramula, while partly cloudy and dry weather in Leh and hot and dry weather in Jammu.
Temperature recorded this morning:
Srinagar, Anantnag and Shopian ten degree centigrade, Jammu twenty-one, Leh six, Pulwama and Baramula eleven degree centigrade.
-
Sports 2 days ago
Azlan Shah Cup final: : Japan score first goal against Pakistan
-
Pakistan 2 days ago
Per tola gold price declines in PakistanÂ
-
Sports 15 hours ago
Why hasn't Cardinals' Marvin Harrison Jr. signed the NFLPA's licensing agreement? Here's what we know
-
Pakistan 2 days ago
FC Balochistan conducts instant rescue operation at N-65
-
Pakistan 2 days ago
Punjab removes 29 senior law officers from posts
-
Technology 1 day ago
Amazon’s Matter Casting is shaping up so nicely, I want to use it everywhere
-
Pakistan 2 days ago
Sims of non-tax payers to be blocked from today
-
Business 10 hours ago
Petroleum prices likely to fall in Pakistan