Daily Times
April 1, 2021
Foreign Minister Shah Mahmood Qureshi on Thursday invited Hungarian companies to enter into joint ventures with Pakistani companies, especially in the special economic zones (SEZs) under the China-Pakistan Economic Corridor (CPEC). Qureshi spoke at the joint online inauguration of the Hungary-Pakistan Trade and Economic Window and the first Hungary-Pakistan business forum along with Hungarian Minister of Foreign affairs and Trade Peter Szijjarto, the Foreign Office said in a statement. Qureshi welcomed Hungarian expertise in the fields of agriculture and food, environment, water resource management, engineering, vocational training and urban planning. He appreciated the improving economic cooperation between the Pakistani and Hungarian businesses despite the Covid-19 pandemic, and highlighted the importance of collaboration in the fight against the novel coronavirus. Szijjarto said that Hungary’s policy of opening towards the East will provide a good imp
By:Wu Qiong |
From:english.eastday.com | 2021-04-01 08:43
Pakistani mango exporters are planning to enter the Chinese market through the China–Pakistan Economic Corridor.
Six Pakistani mango exporters had a discussion with Chinese traders, retailers and distributors during an online seminar held on March 30.
As the world’s third largest mango exporter, Pakistan can supply mangoes for five to six months of each year. In 2018, the production of mangoes in Pakistan was 1.9 million tons, ranking sixth in the world. The top five are India, China, Thailand, Indonesia and Mexico.
In Pakistan, mango is called the “King of fruits” and is among the country’s largest export-oriented industries.
Moody’s Investors Service (Moody’s) has assigned a foreign currency senior unsecured program rating of (P)B3 to the government of Pakistan’s global medium-term note program, as well as B3 ratings to the senior unsecured, US dollar-denominated notes issued under the program with maturities of 5, 10, and 30 years.
The payment obligations associated with the notes representing drawdowns from the program are direct, unsecured obligations of the government of Pakistan and rank pari passu with all its other unsecured and unsubordinated obligations.
Pakistan intends to use the net proceeds from each issuance for general budgetary purposes, it added.
Moody’s further stated that Pakistan’s B3 rating is underpinned by the country’s robust long-term growth potential, a relatively large but low-income economy, and a stable banking sector.
US human rights report pulls up Pakistan for arbitrary killings, kidnappings
Thu, Apr 1 2021 12:48 IST |
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US human rights report pulls up Pakistan for arbitrary killings, kidnappings.(photo:India Narrative). Image Source: IANS News
New Delhi, April 1: The 2020 Country Reports on Human Rights, released by the US on Tuesday, castigates Pakistan for arbitrary killings and disappearances of Pashtun, Sindhi and Baloch human rights activists.
The State Department s annual human rights report was released by Secretary of State Antony Blinken. The report says: Terrorist violence and human rights abuses by non-state actors contributed to human rights problems, although to a lesser extent than in previous years. Military, police and law enforcement agencies continued to carry out significant campaigns against militant and terrorist groups.
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Iran s FM Mohammad Javad Zarif and China s FM Wang Yi exchange documents during the signing ceremony of a 25-year cooperation agreement, in Tehran, Iran March 27, 2021. (Photo Credit: Reuters)
Pakistan set to gain from China-Iran Strategic Partnership deal: report ANI | Updated: Apr 01, 2021 14:50 IST
Islamabad [Pakistan], April 1 (ANI): Pakistan is set to gain the most from the Strategic Partnership deal between China and Iran signed last week worth USD 400 billion, as per an Express Tribune report.
As per reports, China will invest billions in different Iranian sectors, including gas and oil, while Tehran is due to ensure regular energy supplies to Beijing for 25 years at a discounted rate.