US Emphasizes Importance of Trade Ties with Pakistan for Economic Stability

In a press briefing on Thursday, US State Department Spokesperson Ned Price highlighted the importance of the US-Pakistan trade relationship, citing the devastating floods that hit Pakistan last year as a reason for the relationship’s crucial role in the country’s economic recovery. Price noted that the Trade and Investment Framework Agreement (TIFA) Council ministerial meeting …

Tesla’s Shares Performance Shows Decline

The major electric car company Tesla is showing a significant decline in the share market as Elon Musk sold $3.2bn in shares Elon Musk recently sold 22 million shares of Tesla worth $3.2bn. According to the US financial regulator, Elon Musk sold Tesla shares worth $40 billion. The selling of the shares is decreasing the …

USD 50 million investment announced by CCI Pakistan for 7th Production Plant in meeting with PM

Karachi: A delegation of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a Greenfield project the company plans to set up in Haripur district, Khyber Pakhtunkhwa (KP). This will be CCI’s 7th production facility in the country. …

EFP Seeks Govt Support to Save Stationery Industry from Disaster

Karachi: President EFP, Ismail Suttar, has strongly recommended the Hon’ble Advisor to Prime Minister on Commerce & Investment, Abdul Razak Dawood, to look into the near-extinct state of Pakistan’s Stationary sector for extending the closure of schools due to Coronavirus for almost 250 days. The Director EFP and a senior industrialist, Ahsan Ullah Khan, who …

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