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Coca-Cola to invest $200m on 2 new plants in Pakistan

Coca-Cola to invest $200m on 2 new plants in Pakistan

Coca-Cola officials want to set up new factories at Faisalabad and Islamabad. Coca-Cola Company has announced a $200 million  investment in Pakistan as the world’s biggest soft drinks maker company seeks to expand its production and distribution capacity in the country. “Coca-Cola is presently contemplating a further $200 million of green field investment, and expand Coca-Cola’s production and distribution capacity ... Read More »

Iran keen to join CPEC to strenghthen ties with Pakistan and China

Iran Pakistan China

Pakistan, Iran and China alliance would focus on regional connectivity, mutual trade and changing regional and international situations Iran has expressed its willingness to join the China-Pakis­tan Economic Corridor (CPEC) to form a new regional coalition for regional peace and stability. Pakistan, Iran and China alliance would focus on regional connectivity, mutual trade and changing regional and international situations, expressed Alaeddin Boroujerdi, the ... Read More »

Pakistan’s Summit Bank and China’s UnionPay sign accord to boost friendly exchanges

Pakistan's Summit Bank and China's Union sign accord to boost friendly exchanges

UnionPay Card serves as a bridge to boost friendly exchanges between Pakistan and China UnionPay International has announced that it has signed an issuance agreement with Pakistan Summit Bank. Pakistan’s Summit Bank and China’s UnionPay International  have agreed to jointly issue UnionPay cards on a large scale. Now, UnionPay has become the international bankcard brand with the second largest market ... Read More »

Alibaba Group expresses interest in Pakistan’s e-commerce industry

Alibaba Group expresses interest in Pakistan's e-commerce industry

Chairman Alibaba Group Jack Ma expressed his interest in investing in Pakistan’s e-commerce sector. Alibaba group has expressed enthusiasm in Pakistan’s e-commerce sector while accepting Premier’s invitation to visit Pakistan. Founder of the Chinese e-commerce company Alibaba Group Jack Ma said they are willing to sponsor small scale industries in developing countries including Pakistan. Ma added that his company was closely ... Read More »

Pakistan-Turkey Free Trade Agreement negotiations make further progress

pakistan-and-turkey-signing-minutes-of-meeing-of-5th-round-of-fta-talks

Pakistan and Turkey undertook discussions on Agreement on Goods, Agreement on Services and Agreement on Investment ANKARA, (Turkey) –  The fifth (5th) Round of Pakistan-Turkey Free Trade Agreement (FTA) negotiations was held in Ankara on 21-23 December 2016. The Pakistan delegation was headed by Mian Asad Hayauddin, Additional Secretary, Ministry of Commerce and included officials of Ministry of Commerce, Ministry ... Read More »

Pakistan and Turkey relationship enter into new phase

Pakistan, Turkey agree to strengthen further bilateral relation

Both the leaders agreed that the Kashmir issue should be resolved according to UN resolutions and called for enhancing trade, defence cooperation ISLAMABAD – Pakistan and Turkey have reaffirmed commitment to transform their long-lasting and brotherly relationship into a strong strategic partnership. Turkish President Recep Tayyip Erdogan and Pakistani President Mamnoon Hussain agreed on Wednesday to expand cooperation between the two brotherly ... Read More »

CPEC becomes reality as Gwadar port goes operational

view-of-gwadar-port

China Pakistan Economic Corridor (CPEC) has become a reality with the launch of Gwadar seaport on Sunday, Nov 12. GWADAR (Pakistan) — China Pakistan Economic Corridor (CPEC) has become a reality with the launch of Gwadar seaport on Sunday, Nov 12. The historic ceremony was attended by Prime Minister Mian Muhammad Nawaz Sharif, Army Chief General Raheel Sharif, Chinese Ambassador ... Read More »

U.S. reaffirms commitment to Trade and Investment with Pakistan

U.S. reaffirms commitment to Trade and Investment with Pakistan

ISLAMABAD – United States Trade Representative (USTR) Ambassador Michael Froman led a delegation to Islamabad to discuss the ongoing U.S.-Pakistan Trade and Investment Framework Agreement (TIFA) on October 18 with the Government of Pakistan.  The TIFA Council meeting, hosted by Federal Minister for Commerce Khurram Dastgir Khan, covered a broad range of trade and investment-related issues, including expanded market access for Pakistani ... Read More »

CPEC opens new era of development and opportunities for the entire region

PM Nawaz Sharif addressing the gathering at occasion of CPEC Summit 2016 in Islamabad on 29 August 2016. Photo: PID

The China-Pakistan Economic Corridor (CPEC) Summit and Expo 2016, opened in Islamabad on 29 August 2016, offered a platform for exchange of ideas and opened new avenues for businesses opportunities and people-to-people linkages between Pakistan and China – all-weather friends. The CPEC will open doors to immense economic opportunities not only to Pakistan but will act as a bridge for ... Read More »

Pakistan, Turkey to strengthen strategic ties after coup bid foiled

Turkish Foreign Minister Mevlut Cavusoglu called on Prime Minister of Pakistan Nawaz Sharif at PM House in Islamabad on August 2, 2016.

Relations of Pakistan and Turkey will continue to grow stronger to serve as a powerful factor for stability and prosperity in the region and beyond. ISLAMABAD – Pakistan and Turkey have agreed to transform their friendly relationship to a durable strategic and economic partnership. Earlier on August 2, 2016, Turkish Foreign Minister Mevlut Cavusoglu and Adviser to the Prime Minister ... Read More »

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