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Russia-Pakistan connections begin with Trade & Investment Forum: Abdul Aleem Khan

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Moscow is hosting the inaugural Pakistan-Russia Trade and Investment Forum.

During his remarks at the event, Minister for Privatization Abdul Aleem Khan expressed his optimism that the forum will serve as the beginning of new bilateral relations between the two nations.

He claimed that Russia and Pakistan have had close diplomatic and business ties for a long time. According to him, Pakistan places a high value on its relations with Russia, and both countries have a lot of potential for future cooperative ventures in a variety of industries.

Pakistan has a favorable economic climate, as the Minister for Privatization pointed out.

Pakistan, he claimed, has the most free trade and investment policies in the area and is the world’s fifth-largest market. He stated there is complete protection for foreign investment in Pakistan. Investments are welcome in every area of our economy.

In his remarks on the occasion, Pakistan’s ambassador to Russia, Muhammad Khalid Jamali, expressed his satisfaction that bilateral trade between his country and Russia has surpassed one billion dollars. He said that this indicates both countries’ growing desire to improve their trade and economic ties.

Pakistan sees Russia as a significant and trustworthy trading partner, according to the ambassador. In order to strengthen their economic ties, he added Pakistan is eager to collaborate with Russia.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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