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SEGUCE: Online payment is effective!

Online payment is now effective at the Société d’Exploitation du Guichet Unique pour le Commerce Extérieur (SEGUCE). This was reported last Tuesday ....

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Turkey's external assets reach USD240.6B in 2020

According to the Turkish Central Bank, Turkey s external assets reached USD240.6 billion at the end of last year, declined 5 percent from the end of 2019. ....

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India Rejects Comments On J&K By UN Special Rapporteurs

External Affairs Ministry spokesperson Anurag Srivastava | File Photo ....

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Jaishankar to participate in virtual Quad ministerial meeting on Thursday

New York, Feb 18 (IANS) External Affairs S. Jaishankar is to participate on Thursday in a virtual ministerial meeting of the Quad, according to the State Department.
The discussions between Jaishankar, US Secretary of State Antony Blinken, and Foreign Ministers Marise Payne of Australia and Toshimitsu Motegi Japan is critical to advancing our shared goals of free and open Indo-Pacific and rising to the defining challenges of our time , State Department Spokesperson Ned Price said on Wednesday.
He said that coordinating our efforts like Covid-19 response, as well as climate change , will also figure in their discussions, he said.
This meeting and another scheduled to Thursday between Blinken, British Foreign Secretary Dominic Raab and French Foreign Minister Jean-Yves Le Drian makes clear that the United States values, our alliances and work with our partners and friends around the world to pursue common interests across the world , Price added. ....

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External debt and liabilities swell to $115.7 billion

Business
February 18, 2021
KARACHI: Pakistanâs foreign debt and liabilities increased $3 billion or 2.6 percent during the six months period ended in December last, the central bankâs data showed on Wednesday
Till December, external debt and liabilities totaled $115.7 billion compared to $112.7 billion till June-end. Total external debt and liabilities were $110.7 billion till December 2019, according to the State Bank of Pakistan (SBP).
Economist Ashfaque Khan said external debt and liabilities (EDL) were increasing sharply even before the start of the coronavirus pandemic due to falling exports, sharp depreciation of exchange rate, tight monetary policy and a decline in non-debt creating inflows.
âHowever, COVID-19 has further intensified the countryâs debt situation,â said Khan. âWhen Pakistan is in the IMFâs [International Monetary Fund] program, the debt accumulates rapidly.â ....

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