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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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CPEC will usher in regional economic connectivity and shared prosperity of nations in West and central Asia: Tariq Azim Khan
News Image   OTTAWA, Mar 26 (INP) “23rd march is a day when we renew our commitment to develop the Country in accordance with the principles of justice and equity, the real objective of the creation of Pakistan”, said Tariq Azim Khan, High Commissioner of Pakistan, while paying tribute to the Father of the Nation and other leaders of the freedom movement, at a reception hosted by the High Commission to celebrate Pakistan Day at Ottawa. More
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Al Qaeda leader Qari Yasin involved in attacks on Sri Lankan team, GHQ, Marriot Hotel bombing killed in drone attack: Pentagon
News Image   WASHINGTON, Mar 26 (INP) A US drone strike in eastern Afghanistan on March 19 killed the senior Al-Qaeda military commander Qari Yasin, who has been linked to numerous attacks in Pakistan, the US military confirmed on Saturday. More
updated 12 minutes ago
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