US-Russia Business Council Says Flurry Of US-Russia Diplomacy To Yield Results In Long Run
MOSCOW (UrduPoint News / Sputnik - 24th May, 2019) The recent flurry of diplomacy between and yield in the long run, although its effect cannot be expected immediately, US-Russia Council CEO Daniel Russell told Sputnik. I think that in the long run this will probably yield results, but I think in the short term ...
SECP, Policy Board Reviews Stock Market Performance
The Board was, however, not convinced by the reasons for this decline provided by SECP, namely: uncertainty regarding International Monetary Fund ( ), devaluation, interest rate increase expectations, expected low and DP growth rate, and inflationary trends. Further, the Board noted with considerable concern that the situation was greatly aggravated by 's sudden intervention (at the behest of SECP) banning ...
US-Russia Business Council Says Flurry Of US-Russia Diplomacy To Yield Results In Long Run
MOSCOW (UrduPoint News / Sputnik - 24th May, 2019) The recent flurry of diplomacy between and yield in the long run, although its effect cannot be expected immediately, US-Russia Council CEO Daniel Russell told Sputnik. I think that in the long run this will probably yield results, but I think in the short term ...
Pakistan's foreign reserves stand at $15.709bn: SBP
According to the data released by the State Bank of Pakistan (SBP), foreign reserves held by the State Bank of Pakistan stood at US$8.057 billion.
First Russia-Africa Summit May Reignite Business Interest In Continent - Cameroonian Envoy
MOSCOW (UrduPoint News / Sputnik - 23rd May, 2019) The first Russia-Africa summit this fall will hopefully increase presence on the continent, the Cameroonian ambassador to , Mahamat Paba , said on Thursday. The diplomat said he expected it to be widely covered in , which will bring African countries back into spotlight.
Indonesia Invited Russia To Invest In Infrastructure, Manufacturing Sector - Minister
MOSCOW (UrduPoint News / Sputnik - 23rd May, 2019) has invited to invest in the country's infrastructure and manufacturing sector, Bambang Brodjonegoro, the Indonesian minister of national development planning, told Sputnik. Brodjonegoro pointed out that the current $412 plan, aimed at rebuilding the Indonesian economy, would focus on development of infrastructure and improvement of human skills. ...
Current Value Of Russia-Republic Of Congo Trade Still Modest, Has Growth Potential - Putin
On Thursday, held a meeting with his counterpart the Republic of the , Denis Sassou Nguesso. We have seen a trade growth of over 60 percent, although, unfortunately, the absolute values are still modest ... But there is good potential in a number of sectors, including energy, processing and ," said at the meeting with Sassou Nguesso.
Govt Decides To Start Electrifying SEZs
ISLAMABAD, (UrduPoint / Pakistan Point News - 23rd May, 2019 ) :The decides to start electrifying the Special Economic Zones (SEZs) for providing 'ease of doing to the foreign and local inverters. The Adviser to PM on and , Industries and Production and Investment Abdul Razak Dawood co-chaired a meeting on provision of and ...
Clean Oil To Reach Poland Via Druzhba Pipeline No Later Than Mid-June - Russian Official
MOSCOW (UrduPoint News / Sputnik - 23rd May, 2019) Clean is expected to reach via the Druzhba pipeline by mid-June, and will jointly work on cleaning up the pipeline contaminants up to the Polish , a spokesman for Deputy Dmitry Kozak said on Thursday.
Belarus' Top Diplomat Not Ruling Out Oil Issues May Be Raised At Upcoming Talks In Russia
"[Lavrov] and I discuss issues, including those most pressing," Makei said, when asked whether issues would be among talking points. "This time, we will discuss the preparation and holding of a joint meeting of [the foreign ministries'] boards, which will also be held in sometime in the fall, and will discuss the contours of the next ...
Italian Firms Want More Business In Russia - Entrepreneurs' Association: Vittorio Torrembini
Special economic zones are helping, new initiatives of [the Russian] are helping, but, so far, it's not what we are looking for in terms of volumes," Torrembini said. Italy invested around 350 ($390 ) in in , but, according to Torrembini, this number is expected to reach up to 400 euros this year.
Ex-Czech Minister Says Supported EU Buying US LNG But Not At Expense Of Nord Stream 2
"No, definitely [there is no common stance on Stream 2 in the European Union] because there was supposed to also be South Stream and it doesn't exist, so Italians are disappointed because they are the major losers that it's not there. The former minister also believed that Stream 2 AG, the that oversees the pipeline's construction, ...
Stocks exhibit dramatic V-shaped recovery, gain another 944 points
The local bourse on Thursday concluded the second consecutive day on a highly positive note as the benchmark KSE 100 Index gained 944 points to close at the 35,581 level, increasing by 2.7 percent as compared to the previous trading session. KSE 100 Index stages an impressive 6.4 percent rally over the past 2 days Commercial banks contributed the most ...
Pakistan's Liquid Foreign Reserves Position
6 ii) Net foreign reserves held by commercial banks : US$ 7,068.9 iii) Total liquid foreign reserves : US$ 15,126.5 During the week ending 17, SBP's reserves decreased by US$788 to US$8,057.6 , due to external debt servicing and other official payments.
Pakistan-bound online remittances to surge in the next two weeks
We also offer our senders and recipients notifications via SMS or Whatsapp when their transfers have been sent and delivered so they can track their money?s journey at every step.? Overseas Pakistanis sent home nearly $17.9 billion in remittances during the first 10 months of FY19 For every transfer made to Pakistan during Ramadan 2019, World Remit will donate a sum ...
US dollar slips to 152.5 against rupee in open market
The Pakistani rupee registered slight gains against the US dollar in the open market for a second consecutive day on Thursday, recovering after hitting record lows against the greenback earlier this week. The State Bank of Pakistan, which lifted interest rates by 150 basis points on Monday to 12.25%, said it was watching the foreign exchange market closely and ...
IMF warns US-China trade war will ‘jeopardise’ 2019 global growth
She and her co-authors directly refuted President Donald Trump?s claim that the tariffs are paid by China and provide a windfall for the US treasury, saying ?tariff revenue collected has been borne almost entirely by US importers.? The economic damage will be even worse if Trump goes through with the threat to impose steep tariffs on all goods imported from ...
China bemoans US ‘bullying’ of Huawei
China?s foreign minister has slammed US moves against telecom giant Huawei as ?economic bullying,? and warned that Beijing was ready to ?fight to the very end? in its trade war with Washington. ?The US use of state power to arbitrarily exert pressure on a private Chinese company like Huawei is typical economic bullying,? Foreign Minister Wang Yi said Wednesday ...
AFD to provide loan for extension of water resources phase-II Project
ISLAMABAD (Dunya News) ? Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Sheikh, witnessed the signing ceremony of the Credit Facility Agreement worth Euros 94.010m for Extension of Water Resources Faisalabad phase-II Project, signed by Secretary, Economic Affairs Division (EAD), Noor Ahmed, French Ambassador to Pakistan, Marc Barety, and Country Director of the ...
Initiatives being taken to expedite economic reforms process: Razak Dawood
He said this while talking to a delegation of Federation of Pakistan Chamber of Commerce and Industry in Islamabad. The advisor said the government is focusing on a pro-business investment policy, which would be a central plank of the strategy.
