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Day: July 10, 2023

Barter Trade with Russia, Iran and Afghanistan FPCCI Calls for the Resolution of Teething Problems President FPCCI

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fpcci-afghanistan

Karachi Irfan Iqbal Sheikh, President FPCCI, has expressed his profound satisfaction that FPCCI’s years of relentless policy advocacy initiatives for the barter trade with Russia, Iran and Afghanistan has borne fruits. We have pitched barters trade, border markets and currency swap mechanisms very diligently in tens of top-level meetings with the concerned ministries and relevant governmental institutions over the past…

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Virgin Atlantic ends operation in Pakistan

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Virgin-Atlantic

RAWALPINDI: Virgin Atlantic operated its final flight from Islamabad International Airport on Sunday after announcing earlier in the year that it will suspend operations between London Heathrow, Lahore and Islamabad. A spokesman for the Civil Aviation Authority said in a press release that a Virgin Atlantic flight took off from Islamabad to London’s Heathrow Airport at 8am on Sunday. Virgin Atlantic commenced its operations…

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CPEC projects garnered $25b direct investment

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China-Pakistan

PM says pace of work on projects will be further expedited ISLAMABAD: The China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative (BRI), has witnessed remarkable progress in Pakistan, attracting direct investments worth US$25.4 billion from China over the past decade. A senior official from the Chinese Foreign Ministry stated that the CPEC has formed a…

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Pakistani consumers pay highest energy tax: expert

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energy-tax

KARACHI: The hike in energy rates is the biggest issue of our economy, as we are the highest tax paying energy consumers in the world, said Ateeq Ur Rehman, economic expert The already raised enormous electricity tariffs are a great burden on Industry and Household, further raise will become extra ordinary load on electricity consumers. Fully endorsing the concerns of…

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