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Indicating Pakistan’s Dedication to the SCO Agenda: Jam Kamal

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Pakistan is dedicated to the Shanghai Cooperation Organization (SCO) Agenda, according to the Federal Minister for Commerce Jam Kamal Khan, who stated that the SCO is playing a significant role in regional cooperation.

Jam Kamal, while speaking at the World Trade Organization (SCO) Trade Ministerial gathering in Islamabad, stated that Pakistan is an important member of the SCO and that it is a pleasure for us to host its gathering.

We are aggressively trying to modernize our infrastructure, improve regulatory frameworks, and establish an atmosphere that is suitable to business, as he stated that the SCO Region has a significant potential for both commercial and economic exchange.

According to him, the Shanghai Cooperation Organization (SCO) Region is home to a big amount of the world’s population as well as some of the world’s economies that are expanding at the fastest rates. This region also hosts a significant portion of the world’s people.

The Shanghai Cooperation Organization’s (SCO) 23rd Meeting of Ministers Responsible for Foreign Economic and Trade Activities is now being held in Pakistan.

In the course of the Council of Heads of Government Meeting, which is slated to take place in Islamabad on October 15-16, 2024, the conclusions of this meeting will be discussed.

Sunil Bharatwal, who is India’s Deputy Minister of Commerce, gave a short speech at the conference.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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