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A delegation of senior officials of the European Union and business representatives from prominent European companies called on Prime Minister Shehbaz Sharif here on Tuesday, who assured them of his government’s continuous serious efforts to facilitate the growth of trade and investment relations with EU. The prime minister assured the EU delegation of the Government of Pakistan’s firm resolve to continue working towards the stabilization of the economy, despite regional challenges, including the recent spike in oil prices due to the situation in the Middle East. The delegation was led by Peteris Ustubs, Director (Asia Pacific) of the European Commission’s…

The official launch of the Pakistan National Pavilion at the Wuhan Financial Holdings Central China Trade Service Zone, coupled with the visit of Pakistani media and think tank delegations to Wuhan, serves as a vivid testament to the deepening all-weather strategic cooperative partnership between China and Pakistan. It fully demonstrates that, with extensive participation from local governments, non-governmental organizations, and the social sectors, the foundation of bilateral cooperation is being steadily consolidated and strengthened. This was stated by Prof Cheng Xizhong, Senior Research Fellow at the Charhar Institute, a non-governmental Chinese think-tank on diplomacy and international studies based in Beijing.…

A three-day international training workshop on climate-smart development and carbon neutrality has commenced at the University of Gujrat (UOG) on Monday, underscoring the growing academic cooperation between China and Pakistan under the China-Pakistan Economic Corridor (CPEC). The workshop, titled “Climate-Smart Development & Carbon Neutrality Strategies in the Context of CPEC: Tools, Policies and Innovation,” is supported by the Higher Education Commission under the CPEC Consortium of Universities. Audil Rashid, Dean of the Faculty of Sciences at UOG, told Gwadar Pro that the workshop aims to strengthen research capacity and promote knowledge exchange on climate resilience and sustainable development. He noted…

The China-Pakistan Economic Corridor (CPEC) projects in Balochistan have so far created or engaged 7,313 workers under completed and under-implementation schemes. In contrast, another 10,425 jobs are projected for future phases and pipeline projects. According to official documents available with Wealth Pakistan, the employment figures cover road infrastructure, energy, water, industrial, health, education and port-related projects. The documents also show that while many jobs have already been created or workers engaged during construction and execution, a separate set of jobs remains projected or expected under upcoming and pipeline initiatives. The Surab-Hoshab (N-85) project created a total of 101 jobs, all…

ISLAMABAD (DI NEWS) : The European Union, in collaboration with the Government of Pakistan, today inaugurated the first-ever High-Level EU-Pakistan Business Forum in Islamabad, marking an important milestone in strengthening bilateral economic relations. The Forum brings together around 1000 senior policymakers, European and Pakistani business leaders, investors and financial institutions. With the EU being the largest single market in the world, a leading of outward Foreign Direct Investment globally and Pakistan’s number one export destination, the Forum represents a significant opportunity to further the EU-Pakistan economic partnership. It aims to turn strong trade ties into increased investment flows, technology partnerships,…

President Asif Ali Zardari visited SANY Heavy Industry Co, Ltd in Changsha, Hunan province, China. During the visit, President Zardari was briefed by Chairman of Sany Group, Tang Xiuguo, on the company’s advanced manufacturing systems, product lines and ongoing investments in research and development. Vice Mayor of Changsha Qian Lixia was also present on the occasion. The visit focused on exploring avenues for industrial cooperation, technology transfer and investment between Pakistan and China in the engineering and construction machinery sector, the President Secretariat’s media wing said in a press release. During the visit, the president was given a detailed overview…

Global maritime security and rising risks to key sea lanes dominated a UN Security Council debate, where Pakistan warned that disruptions to waterways are increasingly threatening global trade, energy flows and economic stability. Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad, expressed the country’s stance while addressing the High-Level Open Debate on “The Safety and Protection of Waterways in the Maritime Domain”. Ahmad also underscored the strategic importance of maritime security for international peace and development. “I wish to congratulate the Kingdom of Bahrain for its successful Presidency this month and for organising today’s high-level open debate.…

The death toll from a train collision near the ​Indonesian capital Jakarta has risen to 14 with another 84 injured, the train operator said on Tuesday, ‌as rescuers completed work to extract survivors still trapped in the wreckage. The collision between a commuter train and a long-distance train happened late on Monday in Bekasi, just outside Jakarta. Bobby Rasyidin, chief executive of Indonesia’s state railway firm PT KAI, said the death toll had risen to ​14. Mohammad Syafii, the head of Indonesia’s search and rescue agency, said on Tuesday that the evacuation had been completed, adding that it had ​been…

US President Donald Trump is unhappy with the latest Iranian proposal ​on resolving the two-month war, a US official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, ‌fuelled inflation, and killed thousands. Iran’s latest proposal would set aside discussion of Iran’s nuclear program until the war is ended and disputes over shipping from the Gulf are resolved. That is unlikely to satisfy the US, which says nuclear issues must be dealt with from the outset, and Trump was unhappy with Iran’s proposal for that reason, a US official briefed ​on the president’s Monday meeting…

Britain’s King Charles and Queen Camilla arrived in the United States on Monday ​for a four-day trip, welcomed by self-proclaimed royal fan Donald Trump even as the US president has differed with the British government over ‌the Iran war. The state visit, by far the most high-profile and consequential of Charles’ reign, marks the 250th anniversary of the US Declaration of Independence from British rule, and is the first to the country by a British monarch in two decades. After landing at Joint Base Andrews, the site of a brief arrival ceremony, Charles and Camilla proceeded to the White House,…