In a historic ceremony in Beijing, China, Kyrgyzstan, and Uzbekistan, they signed a trilateral intergovernmental agreement to construct a new railway line, which was set to revolutionize trade and economic cooperation between the three nations. Chinese President Xi Jinping, Kyrgyzstan President Sadyr Japarov, and Uzbekistan President Shavkat Mirziyoyev hailed the agreement as a symbol of … Read more
Islamabad, 17 May 2024 (WAI): The Metallurgical Corporation of China (MCC) has expressed profound interest in increasing its investment in Pakistan’s mineral and mining sector. The Chinese company’s delegation, led by its Chairman Wang Jaicheng, expressed interest during their meeting with Prime Minister Shehbaz Sharif on Friday. The company gave the Prime Minister an in-depth … Read more
Paris, 9 May 2024 (WAI): Chinese President Xi Jinping, in a significant move, has embarked on a visit to the European continent after a gap of five years. His tour, which included France, Serbia, and Hungary, has concluded after a five-day whirlwind of diplomatic and trade-related activities. President Xi was greeted with a warm and … Read more
Peshawar, 24 March 2024 (WAI): Pakistan’s Ministry of Commerce is set to dispatch a high-level delegation to Kabul on Monday to address challenges hindering bilateral trade and to foster enhanced cooperation between the two neighboring nations. Amidst recent border skirmishes and closures impacting trade, the delegation aims to facilitate discussions aimed at restoring trust and … Read more
Abu Dhabi, 2 March 2024 (WAI): The conclusion of the 13th ministerial summit of the World Trade Organization (WTO), held in Abu Dhabi on Saturday, marked by the temporary extension of an e-commerce moratorium and the absence of agreements on agriculture and fisheries, casts doubt on the future of global trade cooperation. The WTO, the … Read more
The global dynamics are undergoing significant change. Once isolated, Saudi Arabia is becoming more and more prominent as established patterns break down. The Kingdom is brought to light due to its strategic location, abundant petrochemical reserves, and ambitious modernization plans. This raises significant concerns regarding Saudia’s influence on the developing global order and its effects … 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
Numerous international organizations have been established since the end of World War II to foster global peace, with the Financial Action Task Force (FATF) being one such entity created in July 1989 by the G-7 dedicated to examining and regulating the perils associated with money laundering and terrorist financing. In the aftermath of the events … Read more
Washington, D.C., 2 February 2024 (WAI): The Pakistan Ambassador to the United States (U.S.), Masood Khan, held an online meeting with the Pakistan American Chamber of Commerce (PACC) leadership, led by Chairman Waqar Ali Khan. They emphasized a comprehensive discussion, focusing on enhancing business activities between the two states. This demonstrates the interest in building … Read more
Islamabad, 27 Jan 2024 (WAI): Caretaker Prime Minister Anwaarul Haq Kakar has asked Chinese Prime Minister Li Qiang to give Pakistan more time to repay a $2 billion loan. He thanked China for helping out during Pakistan’s financial difficulties. The deadline to pay back this loan is March 23. Talks are happening between Pakistan’s Finance … Read more
