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	(July 24, 2009)
	Economic Bulletin	click here for Market Glimpse
	President Asif Ali Zardari says strategic location of Pakistan ideal for world trade; President Asif Ali Zardari reiterated that the strategic location of Pakistan with road links to China and rail and road links to India and Central Asian Republics (CARs) has placed the country in a unique position for international trade and commerce. Pakistan has the resources of land, water and manpower and what it needed most is access to international markets for its goods," the President said while talking to Anne Marrie Idrac, French Minister of State for Foreign Trade here. Anne Marrie Idrac called on President Zardari at Aiwan e Sadr. (Source, BR)
	Power cos assure President Asif Ali Zardari of timely wrap-up of project; All power producers have assured President Asif Ali Zardari that their power projects would be completed as per contractual obligations before the end of the year. The assurance came during a meeting of President Asif Ali Zardari with over a dozen power producers alongside Minister for Water and Power Raja Pervaiz Ashraf and secretaries of relevant ministries. (Source, The Financial Daily)
	Failure to achieve export target: PM Gilani to quiz Commerce Ministry high-ups today; Prime Minister Syed Yousuf Raza Gilani is to quiz the Commerce Ministry high-ups on Friday (today) for failure to achieve the export target although the officials spent most of their time on foreign tours pretending to be taking steps for export boost. Trade Policy 2009-12 will be discussed at a special meeting at Prime Minister Secretariat convened for this purpose. (Source, BR)
	Pakistan to welcome more Chinese investment: FM; Foreign Minister Makhdoom Shah Mahmood Qureshi said Pakistan would welcome Chinese companies to invest in country's various areas, particularly the energy sector. Talking to Chinese Foreign Minister Yang Jiechi in Phuket, Thailand the two sides expressed satisfaction over the strength of bilateral relations which were underpinned by mutual interest and mutual trust. (Source, BR, The Post, Aaj TV)
	Investors urged to invest in oil and gas sector; Pointing out Pakistan’s vast potential for exploration of oil and gas, Dr Asim Hussain, Advisor to PM on Petroleum and Natural Resources, has urged foreign investors to take advantage of a liberal policy package announced by the government in this sector. Inaugurating the two-day ‘Pakistan Exploration Promotion Conference 2009’ at a Central London hotel, Dr Hussain said Pakistan offers attractive investment opportunities with liberal terms and competitive fiscal regime. (Source, The News)
	Regulatory standards imperative to enhance export to EU; Sibte Yahya Naqvi, ex Ambassador of Pakistan to the Hague , Netherlands has said that in order to increase Pakistan exports to EU countries Pakistani exporters should comply with their required regulatory standards which will lead to access EU markets with ease. He said that this can easily be achieved by educating the exporters about proper compliances required by the consignees in EU countries. (Source, Pakistan Observer)
	Pakistan, Canada FTA to speed up exports; Pakistan and Canada enjoy good trade and economic relations but to further enhance trade and bring a balance in trade, both countries should sign Free Trade Agreement, this was stated by Mian Shaukat Masud, President Islamabad Chamber of Commerce & Industry in a meeting at ICCI with Mr.Lukas Gudinskas, Political and Economic Officer, High Commission of Canada. (Source, Pakistan Observer)