Ambassador of the European Union Raina Kionka has said that the GSP+ status for Pakistan has been rolled over without any changes to the rules of framework so everything was going to stay the same up to 2027. “We also have elections in June 2024, which means there will be a political changeover in the parliament and the EU’s Commission. Once everything settles, we expect that the new parliamen
The Board of Privatisation Commission (PC) approved on Tuesday the transaction structure and the legal segregation (scheme of arrangement) of Pakistan International Airlines Corporation Ltd (PIACL), which will now be placed before the Cabinet Committee on Privatisation for a final decision, to be followed by approval of the Federal Cabinet. The meeting chaired by Minister for Privatisation Fawa
Caretaker Prime Minister Anwaarul Haq Kakar has issued directives to expedite the privatisation of Pakistan International Airlines (PIA) and the outsourcing of airports’ operations. In a meeting with the adviser on aviation, retired air marshal Farhat Hussain, on Tuesday, the PM emphasised transparency during the privatisation process. PM Kakar said the privatisation of state-owned enterpris
Caretaker Commerce Minister Gohar Ejaz has reiterated Pakistan’s commitment to making Pakistani markets accessible to the MENA (Middle East and North Africa) region aimed at tapping the potential for collaboration in agriculture, textiles, engineering, and services. “This commitment aligns seamlessly with the Look Africa Policy, emphasising Pakistan’s objective to unlock its economic and trade
Caretaker Minister for IT and Telecom Dr Umar Saif on Tuesday launched the first-ever Pakistan Start-up Fund (PSF) worth Rs2 billion to attract venture investments and position local start-ups as significant players on the global stage. Ignite National Technology Fund will take charge as the executing body of the PSF and ensure transparency through an independent steering body overseeing the op