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Russia wants to help Pakistan in energy sector: Alexey Dedov KARACHI: Russian Federation's Ambassador to Pakistan , Alexey Y. Dedov here on Thursday said that his country wanted to help Pakistan in energy sector as it is facing shortage of energy.The Ambassador , in his interactive meeting with members of Karachi Chamber of Commerce and Industry ( KCCI) at the Chamber office, informed that a high profile trade delegation of Russia will visit Karachi soon. Russian Consul General at Karachi, Oleg Avdeev and a team of other officials of Russian mission in Pakistan accompanied him. He said that many Russian companies are serious to participate in Russia's 'single country' exhibition in Pakistan scheduled in the middle of September 2014, to market their products. The Russian Ambassador said that the ties between Russian Federation and Pakistan are based on principles. His country is keen to increase cooperation and trade with Pakistan. The total bilateral trade figures dollars 550 million which does ...

All institutions working under defined parameters: Khaqan ISLAMABAD: Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbassi has said that all the national institutions are working under their defined parameters.He said there is no conflict in the institutions.Talking to a private television channel, he said that process of dialogue for maintaining peace will continue."We hope that Taliban will not make deadlock in the process of dialogue," he stated.Shahid K Abbasi said that the world had resolved the issues through talks.Replying to ...
Shipping activity at Port Qasim KARACHI: Three ships C.V Maersk Kinsto, C.V Najran and M.T Yas carrying containers and chemicals were allotted berths at Qasim International container Terminal and Engro Vopak Terminal respectively at Port Qasim on Tuesday, 15th April. Meanwhile four more ship with container, furnace oil and diesel oil also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was managed at the Port at 36% on Tuesday where five ships namely C.V Maersk Kinston, ...
IDB to invest $ 264mn for procurement of locomotive ISLAMABAD: Islamic Development Bank (IDB) is likely to invest 264 million dollar for procurement of Locomotives and doubling of Track.Government of Japan through Japan International Cooperation Agency (JICA) has also shown interest to revitalization of Karachi Circular Railway (KCR) at an estimated cost of 2.6 billion dollar.Pakistan and China had also signed an MoU for construction of China Pakistan Economic Corridor (CPEC), said an official of PR while talking to APP.Up-gradation of existing railway track ...
IESCO issues power suspension notice ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Friday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work.According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under:-April 14 (Monday) from 09:00am to 02:00pm, Garmala, Kashmir Colony, Rathian, Sangohi, Nathwala.From 10:00am to 04:00pm, Diewanpur, Kaniawala, Chak Jani, Chakri, Karam Khan, Dheri Piran, Pir Chak, Chitt, Chak Muhaid, Shumali, ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln