The proposed tariff lines are roughly 7.2% of the total tariff lines that are subject to various duties. The ministry has also proposed to cut customs duty rates on 32 tariff lines by 31.2%. The ministry has also recommended slashing the duties on four tariff lines by 72%. Similarly, there are 151 tariff lines for which the commerce ministry has proposed completely eliminating the current 3% customs duty rates. Also, the ministry wants regulatory duties on those 51 tariff lines to be abolished which are also subject to anti-dumping duties.

March 23, 2018 04:51 UTC

'We want the compan­ions of the countr­y to take advant­age of from The Russia­n Federa­tion'QUETTA: Balochistan Governor Muhammad Khan Achakzai said that China-Pakistan Economic Corridor (CPEC) was creating prosperous opportunities for profitable investment in Balochistan. He said that Russians investors would be provided all facilities and security in Gwadar. During the meeting, the two discussed the relation of Pakistan and Russia and implementation of CPEC. Governor Muhammad Khan said that Balochistan is basically an agricultural area where there is a significant potential of various vegetable and fruit production. He said that Russian investors could get benefits from agricultural potential of Balochistan, which includes production vegetables, fruits and its markets will prove to be profitable for Russian investors.

March 23, 2018 04:41 UTC

Paneli­sts urge strate­gies for conser­vation of ground­waterLAHORE: To mark World Water Day 2018, WWF-Pakistan hosted a panel discussion on the issue of the mismanagement of resources in the country. During the event, panelists stressed the country was on the threshold of water scarcity. World Water Day is celebrated globally to highlight the importance of water related issues by raising awareness and encouraging policymakers to look into sustainable development initiatives in cities as a support to lessen stress on urban water systems. This year, World Water Day is being celebrated with the extended theme of ‘Nature for Water’. Speaking on the occasion, WWF-Pakistan Director General Hammad Naqi Khan said Pakistan was a water-stressed country and was nearing the threshold of scarcity.

March 23, 2018 03:22 UTC

Agenda of talks will include issues like cooperation in eradicating terrorism and assistance in Afghan reconciliation process. The agreement is the outcome of recent meeting between Prime Minister Shahid Khaqan Abbasi and US Vice President Mike Pence. Don’t expect unilateral cooperation, Pakistan to tell US defence secretaryIf United States has proof of any terrorist safe haven it should share it with Pakistan. Pakistan has clarified that it is ready to cooperate in the Afghan reconciliation process according to its national security policy. Officials of Pakistan, United States and Afghanistan are in contact with each other for gradual resumption of talks for Afghan reconciliation process and progress is expected soon.

March 23, 2018 00:11 UTC

Presid­ent Donald Trump agreed more than $100 billio­n in contra­cts on a visit to Riyadh last yearWASHINGTON: The United States formally approved defense contracts totalling more than $1 billion with Saudi Arabia on Thursday, as the kingdom’s crown prince continued his American tour. Public smiles, private problems as Saudi prince visits White HouseThe State Department confirmed it had green-lighted a $670 million deal for anti-tank missiles, a $106 million contract for helicopter maintenance and $300 million for ground vehicle parts. An official said the deals had been in the pipeline since President Donald Trump agreed more than $100 billion in contracts on a visit to Riyadh last year, but were now formalized. Read full story

March 22, 2018 23:37 UTC

Washington accuses Beijing of forcing US companies to enter joint ventures and transfer technology and trade secrets to their Chinese partners. At the same time US companies are not able to license intellectual property in China. US officials also allege China has hacked US networks and conducted industrial espionage to steal intellectual property. The embassy said China had shown “sincerity in making reasonable suggestions” and made “great efforts” to deal with the current trade imbalance with the United States. The United States recorded a record $337.2 billion trade deficit with China last year, and Trump demanded it be reduced by $100 billion.

March 22, 2018 21:45 UTC

Seven unions representing staff in the public sector led strikes and protests, and a third of railway workers walked out to join the demonstrations against 40-year-old Macron’s bid to shake up the French state. The CGT union, the biggest in the public sector, estimated the total turnout at over half a million. “They seem to consider that in France… the private sector can do everything and that we don’t need public servants like me. Thousands turned out for protests in major cities such as Marseille, Lyon and Nantes, but the numbers country-wide were around the same for a previous demonstration by public sector workers last October. Thursday’s strikes sounded the start of months of planned protests by railworkers, who have announced stoppages on two days out of every five between April and June.

March 22, 2018 21:22 UTC

Remind­s Sharif that favour­s exchan­ged betwee­n them were mutual in kindFormer interior minister Chaudhry Nisar Ali Khan has said that Maryam Nawaz’s razor-sharp tongue was leading the Pakistan Muslim League-Nawaz to a dead-end tunnel. In a measured reaction to Nawaz Sharif’s metaphoric remarks, the senior PML-N leader, through a statement on Thursday, also reminded Sharif that favours exchanged between them were mutual in kind. The senior PML-N leader said, “For the past one year I have been facing matters and issues with great patience in a bid to not harm the party. To a great extent, I have cut off myself from mainstream politics and got myself limited to constituency-based politics. As far as Maryam was concerned, he said, her razor-sharp tongue had been leading the party to a dead-ended tunnel.

March 22, 2018 19:12 UTC

Thank you @UN for acknowledging our peace keepers. Pakistan is one of the leading contributors for global peace since 1960 including 156 Pakistanis who sacrificed their lives under UN Flag. #PakistanTheLandOfPeace — Maj Gen Asif Ghafoor (@OfficialDGISPR) March 22, 2018Maj Gen Ghafoor thanked the UN for acknowledging the contributions of the Pakistan in contributors for global peace since 1960. He added that the country has sacrificed 156 lives under the UN flag. The Pakistan Army’s assistance comes in many forms, including confidence-building measures, power-sharing, electoral support, strengthening the rule-of-law, and socioeconomic development.

March 22, 2018 19:07 UTC

Former leader of the opposition in Senate and Pakistan People’s Party (PPP) leader Chaudhry Aitzaz Ahsan on Thursday said that Sherry Rehman was an extremely competent person whose election as the new opposition leader in the upper house of the parliament was good news for the nation. He also expressed confidence in Sherry Rehman’s abilities and said he had no doubt that the former would prove to be a “better opposition leader than he ever was”. Earlier in the day, PPP leader Sherry Rehman was appointed as the Leader of the opposition in Senate, becoming the first woman to bag the honour. “I would like to thank Chairman PPP Bilawal, co-chairman Asif Ali Zardari and party peers on this occasion. At the time, PPP Chairman Bilawal Bhutto Zardari had said the party was making history by nominating the first woman to lead the opposition.

March 22, 2018 18:56 UTC

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman said Thursday that Karachi is Pakistan’s economic jugular vein, and his party won’t allow anyone to cut it. Addressing a rally at the Bagh-e-Jinnah Ground in Karachi, Fazl said that his party would restore peace in the metropolis, adding that it has always stood for ethnic harmony in the city and has always rejected militancy. The JUI-F leader told his party supporters that they have to politically win Sindh from its oppressors in the coming elections. Fazl also said that a few apologists want to interpret Islam according to the whims of West so that they can be accepted there. The JUI-F leader said that Afghanistan has shifted towards US and India, and has maintained a distance with Pakistan.

March 22, 2018 18:33 UTC

QUETTA: Balochistan Assembly’s (BA) session on Thursday was adjourned till Saturday without transacting any business. Bells were rung for five minutes but when the quorum could not be completed, the session was adjourned for 15 minutes. The session was again adjourned till 3 pm on Saturday under Rule 195 (2) of Balochistan Provincial Assembly Rules of Procedure and Conduct of Business, 1974. This was the second consecutive session of the house which was adjourned due to the lack of quorum. Earlier, the house was adjourned on March 20 without transacting any business due to the lack of quorum.

March 22, 2018 18:22 UTC

Inter-Services Public Relations (ISPR) Director General (DG) Major General Asif Ghafoor said on Thursday that Pakistan was one of the leading contributors to global peace since 1960. The military spokesperson also thanked the United Nations (UN) for acknowledging Pakistan’s peacekeepers. Pakistan is one of the leading contributors for global peace since 1960 including 156 Pakistanis who sacrificed their lives under UN Flag. #PakistanTheLandOfPeace 🇵🇰 — Maj Gen Asif Ghafoor (@OfficialDGISPR) March 22, 2018Earlier, in a tweet, the United Nations had acknowledged Pakistan’s contribution to peacekeeping. According to the UN, Pakistani peacekeepers were deployed on seven missions and more than 6000 military and police officers were provided by Pakistan to the UN for peacekeeping.

March 22, 2018 18:22 UTC

The workers said that they are moving away from nationalistic politics and would join mainstream parties to work for ‘pro-Pakistan politics’. Zahid Jiskani, Ali Jiskani, Akhter Jiskani, Sain Bux Jiskani, Soomar Jiskani, Ali Talpur, Ashique Soomro, Javed Jiskani, Mushtaq Jiskani and Ahsan Chandio were few of this who abandoned the party. JSQM Tando Khan President Zahid Jiskani two other workers announced their departure after signing an undertaking and “giving it to the concerned functionaries”. More party leaders are expected to soon announce their departure from the party. It is worth mentioning that a surge in the number of those leaving the party has been seen after many JSQM political activists had gone missing.

March 22, 2018 18:12 UTC

KARACHI: A man was gunned down in Karachi by armed assailants on Thursday afternoon after his car came under attack. The incident took place near Safoora Chowrangi. According to the initial investigation of police, the unknown men who were pillion riders attacked the vehicle and shot indiscriminately resulting in three injured, including one minor. While the Sachal SHO called it a case of robbery, Malir SSP Adeel Chandio hinted that the crime could be sectarian-related. Chandio said, “It appears to be a targeted killing linked with sectarianism.”Sindh Inspector General Police A.D. Khowaja took notice of the murder and asked the Malir SSP to submit a report of the incident.

March 22, 2018 18:11 UTC