China
contributes $31.2 mln FDI to Pakistan
China has contributed US$31.2 million Foreign Direct Investment
(FDI) to Pakistan during the financial year 2008-09. Federal Minister
for Investment Senator Waqar Ahmed Khan said that China would
make further investments in oil and gas, mining, infrastructure,
engineering, agriculture, IT, telecommunication and many other
economic sectors of Pakistan.
(Source; Pakistan
Times,BR
)
Industrial
sector: Ministry directed to provide proper power supply on top
priority
President Asif Ali Zardari and Prime Minister Syed Yousuf Raza
Gilani, taking serious notice of power load shedding, have directed
the Ministry of Water and Power to provide proper power supply
to industrial sector on top priority, and ensure well planned
load shedding in all important commercial areas across the country.
(Source, BR)
Pakistani
trade team stresses need for FTA with Canada
There is need of Free Trade Agreement (FTA) between Pakistan and
Canada to minimise the trade imbalance between the two countries.
The issue was discussed in a meeting with Bruce Archibald, Deputy
Minister of International Trade and investment, Government of
Ontario, and Pakistan Trade Delegation, headed by Mohibullah Shah,
Chief Executive of Trade Development Authority of Pakistan. (Source,
BR)