The Destination Issue 33 Vol 1

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ISLAMABAD ISSUE: 33 VOL: 1

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Ramadan 18 1468 AH.

Panama cuts diplomatic ties with Taiwan, switches to China Panama has cut long-standing diplomatic ties with Taiwan and established relations with China. The government of Panama said it recognizes only one China and Taiwan is part of it. China regards Taiwan as a breakaway province. A number of world countries maintain ties with Taipei instead of Beijing, and Panama is the latest which has abandoned ties with Taiwan. Qatar asks UN agency to resolve Gulf airspace row Qatar has asked the United Nations’ aviation agency to intervene in an airspace rights’ dispute with three Gulf States following an escalating diplomatic row and trade blockade. Informed sources said that Qatar has sent a letter to the International Civil Aviation Organization’s governing council in an effort to resolve the dispute after Saudi Arabia, United Arab Emirates and Bahrain closed their airspace to Qatari flights. ICAO spokesman William RaillantClark said the agency could not make an immediate comment on the matter. Govt focusing Agriculture development in GB Minister Agriculture GilgitBaltistan Janbaz Khan has said that Government is focusing Agriculture development to bring a positive change in life standard of farmers. This he said while talking to our correspondent in Gilgit. He said Government is also introducing certified wheat seeds to increase its production in Gilgit-Baltistan. He said nine hundred commercial orchards have been set up in Ghizer with participation of local communities. Federal govt announces fully funded overseas scholarship for Ph D students Federal gover n ment has announced fully funded overseas scholarship for Ph. D. students in top universities of the world. Sources of Higher Education Commission told our Peshawar correspondent scholarships are being offered in Agriculture, Engineering and Technology, Management S c ie n c e s a n d B u s i n e s s Education, Medical Sciences, Physical Sciences and Social Sciences. Last date for submission of online application forms is 30th of this month. The initiative will provide free education facilities to talented and deserving students of the Khyber Pakhtunkhwa and FATA abroad. Punjab govt spending billions of rupees to provide relief in Ramzan: Shahbaz P u nj a b C h i e f M i n i s t e r Muhammad Shahbaz Sharif says Punjab government is spending billions of rupees to provide relief to the masses in the holy month of Ramzan. In a statement issued from Lahore on Tuesday, Shahbaz Sharif said that provincial government has also launched various mega projects to improve quality of life of deprived segment of society. He said that historic relief package of over nine billion rupees is being given to provide relief to people during the holy month under which eight point seven eight billion rupees are being spent on the provision of subsidized flour. He said that he is personally monitoring implementation of Ramzan Relief Package to ensure provision of its fruits to the common people.

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China seeks to mediate

Qatar-Gulf crisis: PM returns home after talks with Saudi King

China has expressed a desire to take on a role as mediator between Pakistan and Afghanistan, Afghan President Ashraf Ghani’s office said in statement. “China’s Foreign Minister Wang Yi is scheduled to visit Kabul soon where he will meet Afghan officials to discuss ways to improve Afghanistan-Pakistan relations,” the statement said.

It added that the Chinese foreign minister would work to discuss the possibility of setting up a meeting between the four members of the Quadrilateral Coordination Committee ─ Afghanistan, Pakistan, the United States and China. The four-nation group was formed in January 2016 for reconciliation in Afghanistan through the

direct peace talks between the Taliban and the Afghan government. “It is the first time that China wants to be a mediator in Afghanistan’s peace process and soon the Chinese Foreign Minister will visit Kabul. Peace with Pakistan was our demand and this must be solved between government and government,” Ghani said,

RIYADH—Prime Minister (PM) Nawaz Sharif on Tuesday has returned to Pakistan from Saudi Arabia with a hope that the current impasse between Gulf countries would be resolved soon. During a day-long visit, PM Nawaz met Saudi King Salman bin Abdul Aziz in Jeddah and discussed the emerging situation in the Gulf countries. The premier reaffirmed the strong commitment of the people and government of Pakistan to territorial integrity and sovereignty of

This step ranks among the most important areas of the Action Strategy, and is aimed at promoting products of small-scale economic entities in foreign markets. Specialists of the Fund have already held negotiations with representatives of the Chamber of Importers of Weihai City and ShinDaDong Company, where the Chinese side expressed a special interest in importing food products produced in Uzbekistan. “Today, the Fund runs its representative offices in Russia, South Korea, Italy, Bu lga r ia , Sw it ze rla nd , Germany and Spain. Aiming to expand the map of exports of small and private businesses of Uzbekistan, the Fund intends to open representative offices in Latvia, Singapore, Portugal, Czech Republic, Lu xembou rg, Poland, the UK, Kuwait and other countries in the near future,” its press service reported. Major functions of FSESBPE representative offices abroad include the conduct of market research, search for potential importers of domestic products, promotion of our brands in foreign markets, assistance to Uzbek entrepreneurs with participation in exhibitions, fairs, tenders and other

events. In addition, they organize visits of foreign importers to our country for negotiations with local suppliers of products, assist in obtaining international certificates, licenses and other permits, as well as organize foreign internships for specialists of Uzbek industrial enterprises. This March, a Fund’s representative in Dresden, Germany, initiated an event on trade, economic and investment capacity of Uzbekistan. It was organized by the Economic Development Agency of Saxony, Commerzbank, and other German organizations. The guests were detailed on trade and economic potential of Uzbekistan, the conditions for doing business, on the activities of the fund and its services that are aimed at increasing export capacity of small and private business entities and full support for their export activities, as well as on the opportunities of supplies of Uzbek products to the German market. German companies expressed interest in FSESBPE activities and pre-export financing services for small businesses, assistance to entrepreneurs with participation in exhibitions and fairs abroad and with the implementation of projects

aimed at the manufacture of export-oriented products. The FSESBPE Representative Office in Germany and the German company Orchidee Europe BVBA reached an agreement on the distribution of domestic textile products in an annual volume of $10 million. The last year’s visit of the delegation of South Korea’s largest retail company Lotte Mar t to Uzbekistan is another good example of effective operation of FSESBPE representative offices abroad. They hosted meetings in interested organizations and visited the companies engaged in the textile and food industry, as well as alcohol production. T he bu si ness relat ions established during the last visit have brought fruits: a Bofanda textile company is exporting its textile products in Lotte Mart as early as this year. To enable the supplies, the Fund has provided pre-export financing to Bofanda in the form of an interest-free financial loan for the purchase and manufacture of finished textile products, as well as exports to the Republic of Korea. This suggests that FSESBPE representative offices abroad support export initiatives of domestic business entities.

between Pakistan, Afghanistan

according to the statement. The development follows a spate of deadly attacks in the country. Two weeks ago, a suicide truck bomber detonated his explosives in the Kabul city, killing over 150 people wounding hundreds other. No group, including the Taliban, claimed responsibly for the attack.

Uzbekistan to open its representative office in China

Saudi Arabia and safety of Harmain al Sharifain. While expressing solidarity with Saudi Arabia, Nawaz Sharif said the Kingdom has a very special place in the hearts of Pakistanis. King Salman thanked the Prime Minister for his visit and appreciated the exceptional success of Pakistan against extremism and terrorism. He also reiterated strong commitment and support of the Kingdom for all issues of interest for Pakistan, including matters of its national security. Finance

Minister Ishaq Dar, Chief of Army Staff General Qamar Javed Bajwa and Advisor on Foreign Affairs Sartaj Aziz were also present with PM. Meanwhile, Qatar has supported Kuwait’s efforts to mediate between Doha and Arab states. The support was declared by Qatari Foreign Minister Sheikh bin Abdulrahman alThani while talking to newsmen in Paris after meeting his French counterpart. He said Qatar wants to resolve the issue through dialogue.


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