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Ashiq-AwanISLAMABAD: The Federal Cabinet on Wednesday gave approval  in principle to start negotiations and signing of the draft agreement on the security of information between Pakistan and North Atlantic Treaty Organization (NATO).

The Cabinet which met under the chairmanship of Prime Minister Yusuf Raza Gilani approved the Memorandum of Understanding on the establishment of Joint Trade Committee between the Government of Thailand and Pakistan, said a press release.

The cabinet also granted approval in principle to start negotiation and signing of the draft 3rd Frame Agreement between SPARCO and CNSA on cooperation in space science and technology.

The Agreement on Economic Cooperation signed between the Governments of Pakistan and Bulgaria was also ratified by the Cabinet.

The Cabinet approved the signing of European Union's Four Financing Agreements by which European Union has offered a grant assistance 80 million Euro to Pakistan.

The Cabinet approved Financial Protocol worth Euros 33.44 million for extension of water resources for Faisalabad City phase-I.

The Loan Agreement with JICA Khyber Pakhtunkhwa emergency road rehabilitation project was also approved by the Cabinet. The Cabinet approved the Credit Facility Agreement with French Development Agency (AFD) worth Euros 26.5 million for funding the rehabilitation of Jabban Hydroelectric Power Generation Project.

The Cabinet referred the case to Council of Common Interest for negotiations with the Ev-K2-NCR on Memorandum of Understanding on Climate Change and Adaptation Measures. The Cabinet approved initiation of negotiations on MoU for Cooperation in the field of Housing between Ministry of Housing and Works, Pakistan and Ministry of Housing, Indonesia.

The Cabinet approved the supplementary grant of Rs. 20 million for the Human Rights Division for Diyat, Arsh and Daman Fund in order to implement the decision of the Supreme Court of Pakistan.

Approval was granted for signing of negotiated draft visa abolition Agreement between the Governments of Pakistan and Chile for diplomatic and official passports holders.

The Cabinet approved signing of Memorandum of Understanding between the United Nations and the Government of Pakistan regarding Deployment of Formed Policed Unit in Sudan (DARFUR).

Approval in principle was granted to start negotiations for Pakistan's membership of forum of federation. The Cabinet allowed starting negotiations with the Republic of Tajikistan to conclude a Memorandum of Understanding on Cooperation in the field of Vocational Training.

The Cabinet also ratified the convention between the Islamic Republic of Pakistan and the Government of Ukraine for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income.

The Cabinet approved to initiate and sign the MoU between the Board of Investment, Pakistan and the Russian National Investment Promotion Agency. The Cabinet approved to initiate and sign the MoU between the Board of Investment, Pakistan and the Evras SA Russia International.

The Cabinet approved to initiate and sign the MoU between the Board of Investment, Pakistan and Gazpram Russia International.

Copyright APP (Associated Press of Pakistan), 2011

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