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	(July 10, 2009)
	Economic Bulletin	click here for Market Glimpse
	UK assures support in getting GSP Plus arrangement from EU: Miliband meets Zardari, Gilani; British government would extend full support to Pakistan in getting GSP Plus arrangement from the European Union and for initiating negotiations on free trade agreement, said British Foreign Secretary David Miliband. "I am fully convinced that Pakistan's genuine requirement at this crucial hour of need is enhanced market access abroad and the world community should realise this and support Pakistan to gain market space," Miliband said while talking to President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani in separate meetings. (Source, BR)
	Investment target of $10 bln will be achieved: Senator Waqar Ahmed Khan; The Federal Minister for Investment, Senator Waqar Ahmed Khan said that the ministry would achieve its $10 billion investment target by year end. Talking to journalists, the Federal Minister said that the ministry has already attracted investment of $5 billion so far. (Source, Daily National Courier)
	China MCC may invest $2.2bn in PSM; China Metallurgical Group Corporation (MCC) has shown interest in investing $2.2 billion for the expansion and revamping of Pakistan Steel Mills (PSM). A twelve member delegation of MCC headed by Huan, met with the Federal Minister for Industries and Production Mian Manzoor Ahmad Wattoo, and discussed various proposals in detail. (Source, The News)
	Sarkozy to visit Pakistan for finalizing global partnership accord; The French President Nicolas Sarkozy will visit Pakistan by the end of this year to finalize an agreement of global partnership under which access of Pakistani businesses to the global market would be further strengthened besides advancement in the technology. The French Economic and Commercial Counsellor Dominique Simon revealed this while speaking at the Lahore Chamber of Commerce and Industry. (Source, BR, The News, The Post)
	Pakistan, Germany sign MoU on clean development mechanism; Pakistan and Germany has signed a Memorandum of Understanding (MoU) on Clean Development Mechanism (CDM) at a ceremony held at the German Ministry for the Environment, Nature Conservation and nuclear safety. The MoU was signed by Ambassador Shahid Kamal on behalf of the Ministry of Environment, Government of Pakistan and State Secretary Mathias Machnig, on behalf of the German Ministry of Environment. (Source, BR)
	China to set up economic zone in NWFP; Provincial Minister for Industries Syed Ahmad Hussain has said that China would establish Pak-China Economic Zone (PCEZ) in Hattar Industrial area on 500 acres of land. “I am optimistic that following the launching of PCEZ, the terrorism stricken industry of NWFP would once again flourish under the mega project,” said Ahmad Shah while talking to reporters in Balakot after attending a seminar in Shograin. (Source, The News)
	Nepal wants to establish economic, trade ties with Pakistan; Nepal wants to establish reasonable business and economic ties with Pakistan, expressed Ambassador of Nepal, Bala Bahadur Kunwar, on the eve of a meeting held within the Faisalabad Chamber of Commerce and Industry. Both nations should take steps for mutual confidence-building. While bringing the business community of Faisalabad into confidence, he said, that there was no risk involved in investing in Nepal. It was a pleasant fact that Nepal and Pakistan were close to each other politically, culturally and linguistic. (Source, BR)
	Indonesia invites traders for exhibition; Indonesia has invited Pakistani traders for the October exhibition so that bilateral trade between both countries can grow. Indonesian Consul General Mustaqeem while addressing the traders at the main office of Karachi Wholesalers Grocers Association (KWGA) said that his country is making efforts to facilitate the Pakistani traders about the import and export items. (Source, BR)
	Govt introduces new agri technologies; Provincial Minister for Finance, Planning & Development Tanvir Ashraf Kaira said that the government is committed to introduce modern technology in agriculture sector for enhancing per acre yield. (Source, The Post)