Islamabad: The government has granted licences to 57 electric vehicle (EV) manufacturers, marking a major step towards a cleaner and more sustainable transportation system. This initiative aligns with the National Electric Vehicles Policy (NEVP) 2019, which aims for 30% of all passenger vehicles and heavy-duty trucks to be electric by 2030, increasing to 90% by 2040. The policy also targets…
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Renowned automobile expert Sunil Sarfraz Munj, co-founder of PakWheels, has expressed skepticism about Pakistan’s ability to achieve its target of electric vehicles (EVs) making up 30% of the total vehicle market. In a recent podcast, Munj cited the lingering electricity crisis in many parts of the country as a major obstacle. He emphasized that EVs are not a viable option…
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Lahore: Pakistan’s National Carbon Market Policy, launched in November 2023, reflects the country’s commitment to emission reductions, but lags behind regional counterparts in ambition, sector coverage, and global integration, potentially limiting its ability to attract climate finance and investment, say garment manufacturers and exporters. Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Regional Chairman Dr. Ayyaz Uddin highlighted that while…
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Paris: TotalEnergies CEO Patrick Pouyanne has called on Europe to negotiate a free-trade guarantee for US liquefied natural gas (LNG), citing concerns over an increasingly unpredictable global trade environment. His remarks come as US President Donald Trump imposes new tariffs on Chinese imports, prompting Beijing to retaliate with a 15% levy on US LNG and 10% on US crude oil.…
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Islamabad: The government is in the final stages of finalizing the National Minerals Harmonisation Framework 2025, a key initiative aimed at attracting investment in Pakistan’s mineral sector. All provinces, along with Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan, are set to adopt the policy by February 26, 2025. The framework will be formally unveiled at the Pakistan Critical Minerals Summit…
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Islamabad/Beijing: President Asif Ali Zardari met Chinese President Xi Jinping in Beijing on Wednesday, reaffirming the long-standing strategic partnership between Pakistan and China and charting the course for the expansion of CPEC under its second phase. Held at the Great Hall of the People, the meeting focused on enhancing bilateral cooperation, regional connectivity, and shared prosperity through CPEC. Both leaders…
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Islamabad is set to host a two-day international climate conference under DawnMedia’s ‘Breathe Pakistan’ initiative, beginning today at the Jinnah Convention Centre. The event brings together national and international experts to discuss viable solutions for climate resilience and mobilizing climate finance. The conference aims to position Pakistan as a climate-resilient nation by 2047 through collaboration with South Asian countries. Experts…
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