Washington, D.C., 17 February 2024(WAI): In collaboration with the Estonian government, the United States Department of Justice (DOJ) has taken a significant step toward bolstering Ukraine’s resilience by signing a historic agreement. This landmark pact aims to utilize confiscated criminal assets to aid in the reconstruction of Ukraine’s electrical grid, which has been under relentless attack by Russia. … Read more
Phnom Penh, 16 February 2024 (WAI): Ambassador Zaheeruddin Baber Thaheem welcomed Channrasmey Nhib, Section Chief of the National Bank of Cambodia, at the Pakistan Embassy in Cambodia. Channrasmey Nhib is set to visit Pakistan, witnessing a transformative journey to attend the International Commercial Banking Course, which the National Institute of Banking and Finance is organizing. … Read more
Islamabad, 16 February 2024(WAI): The Government of Pakistan is actively considering integrating a $10 billion Saudi Aramco refinery project into the China-Pakistan Economic Corridor (CPEC), as disclosed by sources in the Petroleum Division. Pakistani officials and representatives from Sinopec Engineering Group (SEG) in Beijing unveiled Aramco’s proposal to involve Sinopec as a technical and equity … Read more
It’s critical to comprehend the underlying dynamics influencing these two titans’ United States and China relationships as the world observes them negotiate their responsibilities on the international scene. China and the United States: A Prolonged Conflict In recent decades, the United States has ceased to be the sole international superpower. China has emerged as a … Read more
Islamabad, 13th Feb 2024(WAI): Pakistan’s export landscape witnessed significant changes in the first half of the 2023/24 fiscal year, according to data released by the Trade Development Authority of Pakistan (TDAP) on Monday. Exports to high-priced European and North American markets experienced a decline during this period, contrasting with China maintaining its position as Pakistan’s … Read more
Gwadar, 12 February 2024 (WAI): China and Pakistan researchers are collaborating to advance intelligent and secure city development in Pakistan through AI within the Belt and Road Initiative and China-Pakistan Economic Corridor. Â The Cypins lab was established at the National University of Science and Technology Islamabad in 2022, working on various fields such as … Read more
Russia’s most recent invasion of Ukraine began two years ago, and it’s still unknown how the conflict will end. It doesn’t seem like the Russian military can take over Kyiv or a sizable chunk of the nation. After several months of victories, Ukrainian forces may continue to advance to retake land. Another possibility is that … Read more
Islamabad, 11 February 2024 (WAI): Pakistan condemns the terrorist attack on Somalia’s military base, which killed UAE and Bahrain military officers. Pakistan’s Foreign Office released a statement condemning the attack. “Pakistan strongly condemns yesterday’s heinous terrorist attack against the UAE military trainers and under-training Somalian soldiers at a military base in Mogadishu.” In these challenging times, … Read more
Cape Town, 10 February 2024 (WAI): President Ramaphosa extends heartfelt greetings to the Government and people of China as they celebrate the Chinese New Year. On behalf of South Africa, he also extends these wishes to the vibrant Chinese community residing within our nation. Acknowledging the enduring friendship and partnership between South Africa and China, … Read more
Tourism has proven to be an engine of the country’s economic growth. Tourism can reduce the current account deficit by relieving the Balance of payment crisis. Many countries in the Global South are facing current account deficits mainly due to imbalanced trade. Tourism ensures the flow of foreign exchange that can be used to import … Read more
