Showing posts with label issues. Show all posts
Showing posts with label issues. Show all posts

Wednesday, 9 July 2014

Ready to talk to everyone on national issues, says Nawaz




 














ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Tuesday said he was ready to talk to all on important national matters. He said this while talking to Finance Minister Ishaq Dar at the Prime Minister’s House here.

Nawaz said the Operation Zarb-e-Azb would continue till the elimination of terrorism in the country. He said the nation stood behind the armed forces.The finance minister informed the premier about the funds released for the Internally Displaced Persons (IDPs). The two also discussed the military operation at length.

Nawaz directed all possible measures to reduce the hardships of IDPs.Later, Interior Minister Chaudhry Nisar Ali Khan also called on Prime Minister Muhammad Nawaz Sharif, sources at the PM House disclosed. Sources said the two leaders discussed the internal security matters.

Ex-senator Saranjam Khan also called on the PM and discussed national and political issues with him. Saud Majeed, ex-MNA, was also present in the meeting. Raja Ashfaq Sarwar, Punjab Minister for Labour, also called on the PM.

Thursday, 12 June 2014

Nawaz to Modi: Let’s resolve all issues through talks



 












ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has written to his Indian counterpart Narendra Modi expressing satisfaction over his recent meeting and said he was looking forward to work with him in harmony to resolve all unsettled matters through talks.
In a letter released to the media by the Prime Minister’s Office here, the prime minister said he had “returned much satisfied” with a meaningful exchange of thoughts on matters of bilateral and regional interest.

Nawaz Sharif thanked Modi for this generous hospitality in the enduring Subcontinental tradition. He mentioned that millions in Pakistan and India were living in poverty who deserved the foremost attention of their governments.

“In many ways their future is integrated with our common economic destiny, and I firmly believe that in our concerted efforts lies the welfare and prosperity of our two nations,” the prime minister said. “It is my earnest hope that our endeavours will lay the foundation for a much brighter future,” he added.

Nawaz Sharif held talks with Modi in New Delhi last month after attending the inauguration of the Indian premier, who swept to power in a landslide election victory.

Modi’s invitation to Nawaz Sharif was a surprise move seen as a significant olive branch to Pakistan. The letter was sent last week to India’s foreign ministry through the Pakistan High Commission.

Meanwhile, in a meeting with Finance Minister Ishaq Dar, Prime Minister Nawaz Sharif termed the approval for financing of $700 million loan for Pakistan by the World Bank as a historical achievement.

Ishaq Dar apprised the prime minister of the World Bank’s approval for financing the 4,500MW Dasu Hydropower Project.The prime minister said $600 million will be utilised for the Dasu Hydropower Project and $100 million for the Sindh irrigation project.

The premier congratulated Ishaq Dar and his team for this remarkable achievement and said it shows confidence of the multilateral donors and foreign countries in the economy of Pakistan. He said the projects would lessen the power shortages and help in better utilisation of water resources.

The minister said the World Bank’s loans were purely concessionary and cheap. “The repayment schedule is spread over a period of 25 years including five years grace period, with low interest and nominal administrative charge of 2% per annum. It will also help in the reduction of domestic debt,” Ishaq Dar said.

Monday, 2 June 2014

Court issues non-bailable arrest warrants for Gilani, Fahim




KARACHI: Federal Anti-Corruption Court has issued non-bailable arrest warrants for former prime minister Yousuf Raza Gilani and former minister for commerce Makhdoom Amin Fahim, Geo News reported on Monday.

The court issued non-bailable arrest warrants for Gilani and Fahim after Federal Investigation Agency (FIA) declared both Pakistan People’s Party (PPP) leaders fugitive in seven Trade Development Authority of Pakistan (TDAP) cases.

The cases are related to the approval and disbursement of fraudulent trade subsidies by Gilani, Fahim and officials of the TDAP.

Three days back, the anti-corruption court had also issued non-bailable arrest warrants for Gilani and Amin Faheem.

The warrants against the two were issued in a case relating to financial irregularities in the Trade Development Authority of Pakistan (TDAP).

The case in this regard had been registered by the Federal Investigation Agency (FIA) when Amin Fahim was Commerce Minister.

Gilani and Fahim had been accused of involvement in Rs7 billion financial scam in TDAP. Muhammad Firdous, the key accused, turned approver against the former prime minister and former federal minister.

The court had previously issued three notices to Gilani and Fahim, requiring them to appear before it. The notices were ignored after which bailable arrest warrants were issued against both the leaders. On Thursday, however, the court issued non-bailable arrest warrants and adjourned the hearing till June 17.

Saturday, 24 May 2014

Pakistan issues schedule for PM Nawaz visit to India





ISLAMABAD: Pakistan on Saturday issued schedule of Prime Minister Nawaz Sharif’s visit to India, where the premier would participate in the swearing-in ceremony of India's PM-designate Narendra Modi.

According to the statement issued by the foreign office, PM Nawaz will visit India on May 26 to attend the oath-taking ceremony.

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz, Special Assistant to the Prime Minister on Foreign Affairs Tariq Fatemi and Foreign Secretary Aizaz Chauhdry will accompany PM Nawaz.

The statement from Sharif's office said the prime minister had been invited this week by New Delhi to attend the ceremony. Sharif already congratulated Modi over his victory in the election.

Nawaz Sharif will have a bilateral meeting with Modi on Tuesday, May 27. He will also meet the Indian President.

Pakistani PM will return home in the afternoon on May 27.

Friday, 23 May 2014

Pemra issues letter to save its skin in SC

ISLAMABAD: Pemra was silent for 33 days after the April 19 attack on senior journalist Hamid Mir and subsequent closure of Geo, but on Thursday it wrote a ‘clear’ letter to the cable operators to restore Geo channels to their original positions.

However, this letter was written to show only a fake performance to the Supreme Court which has summoned Pemra and sought its reply.On the ground, no cable operator in Pakistan has implemented this order of Pemra and Geo and its channels remained off air or on the last numbers till late last night.

It was also clear that both Pemra and the cable operators were not serious about restoring the channel because some angels and spirits were flying around them and were forcing them to continue violating the law and the Constitution, especially Articles 19 and 19-A of the Constitution.

The media watchdog earlier wrote a letter on May 2, 2014 to restore Geo’s position but this letter was ridiculous and was supporting and favouring the point of view of cable operators.

Supreme Court orders in the past to restore the transmission of Geo News or other Geo channels were never implemented and Pemra always gave wrong reports and assurances to the apex court benches hearing these cases.

Even after 12 hours on Thursday after issuance of the Pemra letter, which was meant to save its skin in the Supreme Court and to give an impression as if it was fully vigilant and performing its regulatory duties very well, not even 1 percent of cable operators had restored the transmission of Geo News and other Geo channels.

At a few places where Geo could be viewed, it was thrown on the last numbers by the cable networks in order to confuse the viewers and inflict losses on the group. Not only this, in these very few areas where Geo was available on the last numbers, a majority of viewers could not watch because of low channel carrying capacity of their TV sets which is often less than 50 while Geo is thrown on numbers above 80.

Even in the past, during the last two regimes, when Geo was closed or its position was thrown to the last numbers, the Supreme Court used to pass orders to restore the Geo transmission to its original numbers but these orders of apex court were never implemented.

Pemra used to submit fake and incorrect reports to the apex court regarding the channel’s transmission but the channel would only be restored when the government of the day or our real rulers/angels would allow it.

Independent media and journalists are really worried that even at this time the government and Pemra may succeed in intentionally misguiding the apex court and any court orders to restore Geo and its other channels would not be implemented.

The PML-N government remained silent for 33 days despite five complaints by Geo and the Jang Group that its channels were being put off air.

The angels managed dirty and false propaganda on “selected” TV channels that the present government was favouring Geo in the present situation. There were many fools to believe this false statement without even comprehending that the PML-N government was not only silent on the closure of Geo News, it never took any action against cable operators for illegally and unconstitutionally blocking Geo. In fact at some instances it facilitated such cable operators.

Despite repeated requests, the PML-N government remained shamelessly inactive to get Geo restored on the cable networks and allowed unconstitutional forces to come in direct contact with cable operators and compromise its own writ.

Though Pemra overall remained inactive to get its Thursday’s letter implemented as it was merely written to show fake performance to the Supreme Court during the present hearing, few officers who started contacting the cable operators in the field to get the channels restored were threatened.

These officers received calls from blank numbers. Later they came to know that some secret people had reached the cable operators and asked them to refuse to obey orders to restore Geo or its other channels.

At some places, the cable operators informed Pemra officials that immediately after the delivery of the Pemra letter or verbal orders to restore Geo, they started receiving calls from terrorist and extremist organisations not to restore Geo.

Saturday, 26 April 2014

Hamid Mir attack: JC issues notices, first hearing on April 28



ISLAMABAD: The judicial commission, formed to investigate attack on Geo News anchorperson Hamid Mir, has issued notices to Home Secretary Sindh, IG Police and others officials concerned, Geo News reported.

The three-member commission comprising Justice Anwar Zaheer Jamali, Justice Iqbal Hameedur Rahman and Justice Ejaz Afzal will hear the case from April 28 to May 02 at Supreme Court Karachi Registry.

The first hearing will be held on Monday at 10:00 AM and notices have been issued to Home Secretary Sindh, IG Police, DG Rangers, Joint Director IB and DIG East and DIG Special Branch.
 

Hamid Mir attack: JC issues notices, first hearing on April 28



ISLAMABAD: The judicial commission, formed to investigate attack on Geo News anchorperson Hamid Mir, has issued notices to Home Secretary Sindh, IG Police and others officials concerned, Geo News reported.

The three-member commission comprising Justice Anwar Zaheer Jamali, Justice Iqbal Hameedur Rahman and Justice Ejaz Afzal will hear the case from April 28 to May 02 at Supreme Court Karachi Registry.

The first hearing will be held on Monday at 10:00 AM and notices have been issued to Home Secretary Sindh, IG Police, DG Rangers, Joint Director IB and DIG East and DIG Special Branch.

Thursday, 24 April 2014

Pemra issues notice to Geo















ISLAMABAD: The Geo TV management on Wednesday received a show cause notice from the Pakistan Electronic Media Regulation Authority (Pemra) wherein it had been asked to immediately stop airing any content in violation of the Pemra rules.

In the notice, the Pemra directed chief executive officer (CEO) of Geo News to appear before it for personal hearing on May 6 at 11:00am at its headquarters here.

The Pemra said in the notice that a complaint was received on Tuesday from the Ministry of Defence, initiated by the Directorate General ISI with CDs (video recording) and a copy of transcript.

It said that after firing on the car of anchorperson Hamid Mir, the channel launched a “malicious campaign” airing “false accusations” against the ISI and its senior officers.The notice said it had been further alleged by Deputy Director General ISI that the “reporting made and programmes aired can’t be viewed as a single event. GEO Network had a history of acting illegally in furtherance of anti-Pakistan agenda.”

The Pemra noted in the notice that “whereas the content of the complaint and video recordings provided by the complainant appear to be in violation of the Section 20 of the Pemra Ordinance, Rule 15 of Pemra rules, 2009 read with clause (d) (e) (g) (h) and (j) of Pemra Code of Conduct as well as Regulation 18 (i) (c) of Pemra (Television Broadcast Station Operation Regulations), 2012 and clause 29 of the terms and conditions of the licence, you had signed.”

Tuesday, 15 April 2014

Iraq closes notorious prison over security issues

Iraq’s Justice Minister said authorities have closed down the notorious Abu Ghraib prison west of Baghdad over security concerns.
The prison is at the edge of the Sunni-dominated Anbar province, which has been engulfed in clashes between an al-Qaeda splinter group and government forces.
Last July, militants attacked Abu Ghraib and another prison, setting free hundreds of inmates, including many militants. Dozens of other inmates and security personnel were killed in the attack.
Under U.S. troops, Abu Ghraib was at the centre of a 2004 scandal over detainee abuse.

Tuesday, 8 April 2014

PCB issues show cause to Afridi



LAHORE: Pakistan Cricket Board (PCB) has issued a show cause notice to Shahid Afridi for his remarks about captaincy while talking to media on his return from Sri Lanka.

According to sources the PCB is unhappy with the hard-hitting all-rounder for talking to the media without prior permission.

Sources also revealed that Shahid Afridi has submitted his reply to the show cause notice stating that he always talks to the media, and only spoke his mind.

In his reply Shahid has also said the impression that he was desperate for the captaincy is wrong.

Talking to media after his return from Sri Lanka he had said that he was willing to accept any challenge for the Pakistan team and labeled the negative approach of batsmen for the defeat against West-Indies in the T-20 World Cup.

Sunday, 16 March 2014

Shilpa Shetty, Raj Kundra to produce TV show on social issues

Raj Kundra and Shilpa Shetty's show is said to have a different format as compared to 'Satyamev Jayate'.
Raj Kundra and Shilpa Shetty's show is said to have a different format as compared to 'Satyamev Jayate'.
There have been frequent rumours about Shilpa Shetty and Raj Kundra planning to produce a TV show and now, Raj Kundra recently revealed that they will indeed be making a show which will deal with social causes tentatively titled ‘Sone Ka Dil’.
Denying the comparisons with Aamir’s popular show ‘Satyamev Jayate’, this show is said to have a different format where the team will honour the people who are working towards development in the society by presenting gold medals or coins as well as promote NGOs where Raj and Shilpa will also be donating for these charitable causes.
Though currently the airing slot and the rest of the details of the show are being worked out, Raj announced that they have found thirteen people from different parts of India whose efforts will be acknowledged in the show.
He also added that they have shot a music video for the show titled Bharat Bhagya Vidhata which is sung by Altamash Faridi and composed by Palash Muchhal.

Saturday, 15 March 2014

Track-II experts call India, Pakistan to move swiftly on key issues

NEW DELHI: An India-Pakistan Track II diplomacy initiative onFriday sent out a message to Islamabad and New Delhi, pressing on the new Indian government which emerges in April elections, to continue the positive initiatives taken under previous governments.

“Islamabad and New Delhi must move forward on a menu of outstanding items in order to move the region out from the shadows of instability, human insecurity and lost opportunities in trade, energy, information connectivity,” said a joint resolution issued after the 4th Delhi Dialogue arranged by the Jinnah Institute and Centre for Dialogue and Reconstruction, which concluded in New Delhi on Friday.

The dialogue brought together journalists, policy experts, academics, advocates, former military officials and diplomats from India and Pakistan for two days of intense deliberations to discuss a wide range of outstanding issues between both countries.

The session on Afghanistan saw support for an Afghan-led and Afghan-owned reconciliation process in Afghanistan and recognised that a peaceful Afghanistan is essential for regional stability.

It recommended that serious efforts be made towards exploring the possibility of Pakistan granting India overland transit rights for trade with Afghanistan and India granting overland transit rights to Pakistan for other South Asian countries.

Urging both countries not to let competing interests in Afghanistan negatively impact bilateral relations, it also urged the regional countries to initiate a dialogue on adopting a non-interventionist policy.

“We urge both countries to engage with each other to clarify each other’s apprehensions on a post-2014 Afghanistan. We recommend that opportunities for mutual cooperation in the development and reconstruction of Afghanistan be explored, especially under the aegis of Saarc,” said the resolution.

On Kashmir, the resolution agreed that the bilateral dialogue should be irreversible and uninterruptable and urged both India and

Pakistan to fully implement all agreed CBM’s cooperate on outstanding issues and address each other’s concern on key issues like “Kashmir as well as terrorism with the aim of resuming the stalled bilateral dialogue.”

Both governments were urged to urgently take up discussions on Jammu and Kashmir so that a solution that is acceptable to India,Pakistan and the people of Kashmir on both sides of the Line of Control can be found.

Of importance was a recommendation that Non-Discriminatory Market Access be granted by Pakistan to India at the earliest, urging India to remove all non-tariff barriers to facilitate trade between both countries.

A statement issued later by the Jinnah Institute said: “As South Asia and the wider region grapples with the menace of transnational conflict, a renewed vigor is required towards resuming the stalled bilateral dialogue between Pakistan and India participants agreed at the recently concluded Delhi Dialogue on Friday.”

Against the backdrop of the upcoming Indian elections, participants agreed that expected victory of a Narendra Modi-led Bharatiya Janata Party (BJP) could have a transformative effect on bilateral relations between both the countries.

Despite skepticism, participants unanimously hoped that the new government in New Delhi will build upon earlier initiatives taken under previous governments and expeditiously pursue the revival of the stalled dialogue process with Pakistan.

The Pakistani delegation impressed upon its Indian counterparts that unlike India, a cross-party consensus existed in Pakistan on improving relations with India and resolving all outstanding issues. They said that recent overtures of the Pakistan government presented an opportunity which must be reciprocated by India.

The participants also analyzed last year’s ceasefire violations and called on both Indian and Pakistani military establishments to regularise high level staff and field commander meetings to resolve any future untoward incidents on the LoC.

Noting that people-to-people contacts were essential in improving relations between the two nuclear armed neighbours, the dialogue participants recommended the extension of the one year multiple entry visa policy towards all category of travelers, particularly media-persons, artists, students and academics.

They urged both governments to ensure that the Wagah-Attari border is opened for 24 hour operations and both governments should explore opportunities for opening all economically feasible land routes between India and Pakistan for trade and travel, particularly Ganda Singhwala-Ferozpur, Muktasar-Fazilka and Khokhrapar-Munabao.

The Pakistan delegation comprised former ambassador Sherry Rehman, parliamentarian Shafqat Mahmood, former ambassador Aziz Ahmad Khan, former DG ISPR Lt Gen Athar Abbas, Syed Babar Ali, Arshad Zuberi, senior journalists Zahid Hussain, Mariana Baabar, Amir Mateen and Ammara Durrani.

The India delegation comprised former foreign secretary Salman Haider, former Ambassadors Jayant Prasad and Sharat Sabharwal, Dr Rajmohan Gandhi, Siddharth Vardarajan, Prem Shankar Jha, former Lt General Syed Ata Hasnain, Jyoti Malhotra, Suhasini Haidar, Gul Muhammad Wani, Sunil Sethi, and Syeda Hammeda.

Monday, 10 March 2014

Senators unite on taking up water issues with India

Senate unanimously adopted a resolution on Monday, calling on the government to include Pak-India water disputes in all forms of bilateral talks, including composite dialogue.The ongoing debate on the government policy was again disrupted halfway, when ANP’s Shahi Syed pointed out lack of quorum. The sitting was adjourned till Tuesday morning.

PML Senator Mushahid Hussain Syed, who is also chairman of the Senate Standing Committee on Defence, noted, while India was choking water flow to Pakistan, the government appeared in a hurry to grant India MFN Status. He called for policies based on terms of reciprocity. Mushahid said deliberate violation of the water treaty was a form of aggression.

He appealed to the government to wait for formation of a new Indian government and review the MFN proposal in the newly emerging scenario.Senators observed that on one hand, India was building projects in wilful violation of the Indus Water Treaty while on the other, Pakistan showed lethargy and non-seriousness in taking up these issues at the relevant global forums.

They called for apprising friendly countries of the matter and discussing India’s water aggression internationally.They contended that the treaty allowed India to build hydro-power projects with a condition that the designs of the same would be shared with Pakistan.

Legislators on a private members day said that Pakistan faced two major challenges: one, the menace of terrorism and two; choking of water by the neigbouring country. Senator Tahir Hussain Mashhadi chaired the sitting.

Senator Sughra Imam, who moved the resolution, said that New Delhi continued to violate the Indus Water Treaty and depriving Islamabad of its due share of water. In this context, she referred to Kishanganga hydro-electric project, which would reduce, by 14 percent, flow of water for Neelum-Jhelum project.

She warned that Pakistan must take up water-related issues with India before it was too late and things became extremely serious, as Pakistan’s economy relied on agriculture.

The senator noted that the fate of agriculture now depended on the timing of release of water by India and hence Pakistan’s food security faced serious threat. “Water disputes can lead to potential conflicts in future,” she cautioned.

She lamented that backchannel talks were on with India and Commerce Minister Khurram Dastagir was also engaged in talks with his Indian counterpart but there was no mention of any water-related issue.

Leader of the House Raja Muhammad Zafarul Haq conceded that water was a very important issue. “It is Pakistan’s lifeline and no progress in any sector was possible without it,” he remarked.

He also said that in the past, unfortunately, Pakistan was not represented properly in handling water disputes with India and this cost the nation dearly. Water was now part of the composite dialogue with New Delhi, he informed. He insisted that past mistakes should not be repeated in future.

Senator Karim Ahmad Khawaja pointed out what was appearing in newspapers did not reflect that water issues were also part of the talks with India, whereas dams and other projects were being constructed on the other side and stealing Pakistan’s water share.

Haji Muhammad Adeel claimed all the representatives from one province struck an agreement in 1960 with India which brought into dividing River Indus that purely belonged to Pakistan and on parity basis, three rivers went to India instead of two and a half to each side.

Senator Talha Mehmood said future wars would be on water. He stated Pakistan was an agriculture-based country, whereas India was building dams in negation of the water treaty and said if Pakistan continued taking these issues lightly, the nation would face starvation. “Water issue is a bomb. No one here is focusing on it. Water control is in India’s hands and it can cause floods and drought at will,” he said.

In response to a motion by Senator Farhatullah Babar on LNG import, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said that no contract was signed so far with regards to LNG and no price of it had been fixed too.

However, he said the government intended to import gas on minimum possible price. He strongly rejected speculations in this connection. The minister said that gas would be available at market price and even below it. He also held out an assurance the process of LNG import would be transparent.

About linking of gas to crude oil, he said that it was the only benchmark and all contracts were done on this arrangement. Regarding Iran-Pakistan gas pipeline project, he said they had conveyed to the Iranian authorities that the realisation of the project was linked to lifting of the international curbs on Iran.

Opposition senators Farhatullah Babar and Mushahid alleged that the government was going for LNG import from Qatar at an exorbitant price and insisted on looking for other ways to meet Pakistan’s energy needs.

Thursday, 6 March 2014

SC issues notices to Chairman PTI, AG over appointment of Chairman NAB

imageISLAMABAD: The Supreme Court on Thursday issued notices to Chairman Pakistan Tehreek-e-Insaf Imran Khan and the Attorney General over Imran's petition against the appointment of Chairman National Accountability Bureau (NAB).
The three-member bench of the apex court, headed by Chief Justice Tassaduq Hussain Jillani, comprising Justice Khilji Arif Hussain and Justice Sheikh Azmat Saeed, resumed hearing of the case pertaining to Syed Mahmood Akhtar Naqvi and Imran Khan's petitions against appointment of Chaudhry Qamar Zaman as Chairman NAB.
During the course of proceedings, Leader of Opposition in National Assembly Syed Khursheed Shah also filed an application through his counsel Chaudhry Aitzaz Ahsan to become party in the case.
Aitzaz Ahsan said that the point raised by Chairman PTI against the appointment of Chairman NAB was not correct and argued that Chairman NAB's appointmrnt was in accordance with the Constitution and law.
Chairman NAB's appointment was done after consultation with the Leader of Opposition and other parties and all legal requirements were fulfilled and there was not any legal justification to dismiss him, he added.
He further said that Chairman PTI's allegations has nothing to do with the reality and facts.
The court accepted the application to become party and issued notices to Chairman PTI and Attorneuy General for Pakistan and adjourned the hearing till March 27.-

Wednesday, 5 March 2014

Trade issues with Russia to be resolved on priority: Dar

imageISLAMABAD: Federal Minister for Finance Senator Mohammad Ishaq Dar said on Wednesday that the political leadership has expressed its resolve to overcome trade issues with Russia and take forward bilateral trade relations.
He was chairing a meeting of the Committee, formed by the Prime Minister to resolve longstanding trade issues between Pakistan and Russia here at the Finance Ministry.
The Finance Minister expressed his desire for expeditious removal of the impasse which is hampering trade relations between the two countries.
He said that there are positive vibes from Russian side for investment in railways and steel manufacturing industry.
He emphasized that "we need to move on fast track for resolution of this outstanding financial dispute, enabling Russian investors to bring in their capital to Pakistan and explore the areas in which they can help."
Secretary Commerce, Qasim Niaz briefed the Committee that there is a lot of potential in enhancing trade relations between the two countries.
He said that as directed by the Prime Minister, the Commerce Ministry is trying its level best for resolving the 15 years old trade related financial disputes.
He said "we are engaged with all the stakeholders including Russian Government and trade community of Pakistan to facilitate the process of resolution of outstanding issue".
He informed the Committee that the parties to the dispute have expressed their inclination for early settlement of the dispute.
The Finance Minister directed Secretary Commerce, Chairman BOI, SA to PM to hold meeting with the stakeholders and present final report before the Committee within a week.
The meeting was also participated by Minister for Commerce Khurram Dastagir Khan, Special Assistant to the Prime Minister on Foreign Affairs, Tariq Fatmi, Dr. Waqar Masood, Finance Secretary, Advisor to Finance Ministry, Rana Assad Amin and senior officials of the Ministry of Finance.

Trade issues with Russia to be resolved on priority: Dar

imageISLAMABAD: Federal Minister for Finance Senator Mohammad Ishaq Dar said on Wednesday that the political leadership has expressed its resolve to overcome trade issues with Russia and take forward bilateral trade relations.
He was chairing a meeting of the Committee, formed by the Prime Minister to resolve longstanding trade issues between Pakistan and Russia here at the Finance Ministry.
The Finance Minister expressed his desire for expeditious removal of the impasse which is hampering trade relations between the two countries.
He said that there are positive vibes from Russian side for investment in railways and steel manufacturing industry.
He emphasized that "we need to move on fast track for resolution of this outstanding financial dispute, enabling Russian investors to bring in their capital to Pakistan and explore the areas in which they can help."
Secretary Commerce, Qasim Niaz briefed the Committee that there is a lot of potential in enhancing trade relations between the two countries.
He said that as directed by the Prime Minister, the Commerce Ministry is trying its level best for resolving the 15 years old trade related financial disputes.
He said "we are engaged with all the stakeholders including Russian Government and trade community of Pakistan to facilitate the process of resolution of outstanding issue".
He informed the Committee that the parties to the dispute have expressed their inclination for early settlement of the dispute.
The Finance Minister directed Secretary Commerce, Chairman BOI, SA to PM to hold meeting with the stakeholders and present final report before the Committee within a week.
The meeting was also participated by Minister for Commerce Khurram Dastagir Khan, Special Assistant to the Prime Minister on Foreign Affairs, Tariq Fatmi, Dr. Waqar Masood, Finance Secretary, Advisor to Finance Ministry, Rana Assad Amin and senior officials of the Ministry of Finance.