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  New US priorities can hit Pak export sector : UBG
ISLAMABAD, Feb 9 (INP) The United Business Group (UBG) of FPCCI on Thursday said inclination of US policymakers towards protectionism can hit the export sector of Pakistan which is already facing problems. The new US moves have raised concerns among the business community which wants government to study the impact of the development and steps to safeguard national interests without any delay, said UBG Zonal Chairman Naseem-ur-Rehman. He said that emerging challenges to international trade should be taken seriously by all the stakeholders as US is the largest export destination for Pakistan. Naseem-ur-Rehman said that last year Pakistan imports from the US remained 1.3 billion dollars while exports stood at 2.6 billion dollars resulting in a surplus. He said that there are around 86 big US companies operating in Pakistan which are not immune to the unfolding circumstances. Our exports have declined from 24 billion dollars to 20 billion dollars in three years due to international recession and some weaknesses and further fall is not in the national interest, he added. The business leader said that dozens of countries are preparing to face American moves like pulling out from Trans-Pacific Partnership and renegotiating NAFTA but situation in Pakistan is being underestimated. Naseem-ur-Rehman said that it cannot be imagined that changed US policies will not have an impact on Pakistan which call for efforts including commercial diplomacy. He said that changed US priorities many boost remittances that multiplies three fold after 9/11. INP/AH/LK
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Pakistan to work closely with Trump Administration to strengthen bilateral relations; CPEC offers Pakistan an excellent opportunity to upgrade basic infrastructure and will bring prosperity and connectivity : Dar
News Image   WASHINGTON, Apr 26 (INP) Finance Minister Senator Ishaq Dar Tuesday said that Pakistan is looking ahead to work closely with the Trump Administration to further enhance and strengthen bilateral relations between the two countries. He commented that Pakistani Diaspora is playing an important role in acting as a bridge between Pakistan and the US to further bilateral relations. More
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Chinese FM urges voice of peace, reason over Korean Peninsula issue
News Image   ATHENS, Apr 24 (INP): Chinese Foreign Minister Wang Yi here urged all sides to make voices of peace and reason on the Korean Peninsula issue, and reiterated China's consistent and definite stand on denuclearizing the Peninsula. More
updated 12 minutes ago
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