Regional
Matters fixed between LESCO, FIA
The response will be given to FIA of all concerns within two days.
Islamabad: The matters have fixed between Lahore electric supply company (LESCO) and federal investigation agency (FIA).
According to the details, in accordance with the LESCO officials the LESCO’s chief Shahid Haider and director FIA Sarfraz Work have solved the matter.
Officials stated that the LESCO administration will get rid of overbilling in phases within three months. All the connections will be put within three months which were delayed and the meters which do not work properly will be changed.
LESCO said that FIA will not raid on the office of LESCO. A letter will be written to chief LESCO in case of any complain. The response will be given to FIA of all concerns within two days.
Business
Iranian imports increase by 25% in Pakistan
According to the media reports, Pakistan's exports to Iran remained zero during the last three consecutive financial years.
Imports from Iran rose by a whopping 25 percent year-on-year in the first month of the new government.
According to the media reports quoting government sources, imports from Iran increased by 16% in the first nine months of this fiscal year. The volume of imports from Iran in March 2024 was 95.6 million dollars, while in March 2023, imports from Iran were 76.4 million dollars.
It is also reported that in February 2024, the volume of imports from Iran was 86.1 million dollars. From July to March, imports from Iran were recorded at 773.3 million dollars, while in the same period last year, the volume of imports from Iran was $669.1 million.
According to the media reports, Pakistan's exports to Iran remained zero during the last three consecutive financial years. Lack of banking channels due to US sanctions is the main reason for exports remaining zero. During the last three years, Pakistan's imports from Iran have been $2.17 billion.
US warns countries of sanctions wishing to trade with Iran
On the other hand, the United States has warned the countries that want to trade with Iran of sanctions, saying that those considering trade agreements may face possible sanctions.
It stated that US is one of the biggest investors of Pakistan. The economic success of Pakistan is in the interest of both countries, we are looking forward to continue our partnership.
It is pertinent to note that yesterday Iranian President Ibrahim Raisi arrived in Pakistan on a three-day visit. He was presented with a guard of honor at the Prime Minister's House. He met with Prime Minister Shehbaz Sharif and Army Chief General Asim Munir.
Pakistan
Imran Khan not ready for deal, will face all cases: Aleema
Aleema added that there will be big problems if there is no protection from the law.
Rawalpindi: Aleema Khan, the sister of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, termed the cases against Imran Khan as living corpses and that her brother will not make any kind of deal but will face all the cases.
Talking to the media in Rawalpindi, Aleema Khan said that the former Prime Minister Imran Khan is not ready for the deal, he says that as far as his cases are concerned, he will face them.
She stated: “If we do not speak against oppression, it will continue to increase. The PTI founder was put in jail for speaking against oppression”.
Aleema added that there will be big problems if there is no protection from the law.
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