[Pak-Media] PR: Pakistan ratifies D-8 Preferential Trade Agreement

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Embassy of Pakistan, Ankara

(Information Section)

 

Press Release


  Pakistan ratifies D-8 Preferential Trade Agreement

 

ANKARA, 9 March 2012: Pakistan has ratified the D-8 Preferential Trade Agreement (PTA). The Instrument of Ratification was handed over to the D-8 Secretary General Dr. Widi A. Pratikto by the Consul General of Pakistan Dr. Yousaf Junaid in Istanbul today.

 

The ratification of D-8 PTA by Pakistan signifies its commitment to the D-8 objectives of promoting and developing economic and commercial cooperation among the member states of D-8 group.

 

The D-8 Group was established in 1997 at the initiative of Turkey, to promote development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey. The establishment of D-8 was announced officially through the Istanbul Declaration of Summit of Heads of State/Government on June 15, 1997.

 

D-8 member countries have a population of more than 961 million which represents almost 15% of the world population. Total trade among D-8 countries has grown from US$ 14.5 billion in 1999 to US$ 1.15 trillion in 2009.

 

Pakistan trade with D-8 countries accounts for 8.14% of its overall trade which is the highest as compared to the trade of other D-8 member states with members of the organization. 

 

ENDS


--
Abdul Akbar
Press Attache
Embassy of Pakistan
37 Iran Cadessi.GOP, Ankara, Turkey
Tel: +90 (312) 4270243, Fax: 4670337
Facebook: www.facebook.com/PakTurkey
Twitter: @PakTurkey, Blog: http://PakTurkey.blogspot.com

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[Pak-Media] PPP Notification/News

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Dear Sir,
kindly publish this news.

The Co-Chairman Pakistan Peoples Party Mr. Asif Ali Zardari has approved the following names for Party Organization in South Punjab recommended by Makhdoom Shahbuddin, PPP President South Punjab, with immediate effect.

a. Malik Muhammad Aamir Dogar
    General Secretary

b. Mr. Haider Zaman Qureshi
    Senior Vice President

c. Mr. Tochi Khan
    Vice President

d. Mr. Hassan Askari
    Vice President

e. Khawaja Mudassar Mehmood
    Vice President

f. Mr. Shaukat Mehmood Basra
    Secretary Information

g. Mr. Ahsan ul Haq Naulatia
    Deputy Secretary information

h. Mr. Nausher Langrial
    Secretary Finance

i. Mr. Jehanzeb Chaudhry
    Secretary Public Relations

j. Malik Abu Bakar Awan
    Secretary Co-ordination

k. Ms Sajida Malik
    Secretary Record & Events                                 (    CENTRAL  MEDIA CELL   CSPPP ISB )    NOTE:urdu copy attached

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[Pak-Media] PR--Govt claim of hike in CNG consumption debatable

1

 

 

 

Govt claim of hike in CNG consumption debatable

Controversial steps to scare away potential investors

In India CNG sold for Rs 35.45/kg, Rs 77.12 in Pakistan

 

Islamabad: [March 09]

The Pakistan Economy Watch (PEW) on Friday said government's claim of an extra-ordinary 39 per cent hike in CNG consumption is arguable.

 

According to a CNG association, the consumption has witnessed a nominal growth of 0.4 per cent in 2011, it said.

 

How come CNG consumption increased when a good number of the filling stations remained closed for almost five months in 2011 due to load management, Dr. Murtaza Mughal, President PEW questioned.

 

Data regarding consumption should not be kept secret, it should be made public so that all stakeholders and masses know the facts, he demanded.

 

Dr. Murtaza Mughal said that government is planning to lift prices of CNG to Rs 100 per kg which will affect almost every citizen of this country.

 

Decisions should not be based on consumption only; social benefit, tax contribution and other aspects should also be considered, he demanded.

 

A middle-size industry which consumes 10 MMcf natural gas is enough to keep 34000 cars running for a workweek.

 

Dr. Murtaza Mughal said that 57 per cent vehicles in Pakistan are using CNG. The consumption of 3.4 million vehicles is half the intake of two power plants owned by an influential politician.

 

Two more natural gas-fired power plants of the same political figure will be online soon for which ground is being prepares, he said adding that every Pakistan will be made to pay for that commercial venture.

 

He said that steps like ban on import of CNG kits and cylinders and import duty on CNG spare-parts have already raised concerns among investors from Japan, Italy, Argentina and China.

 

More steps to penalise the CNG sector will send wrong signals, further tarnish our image, and scare away potential investors. It will also contribute to environmental degradation.

 

He informed that CNG prices in New Delhi stands at Rs 35.45 per kg after six upward revisions during the current year while prices in two different regions in Pakistan stands at Rs 77.12 and Rs 71.35/kg.

 

Imported gas is being sold at economical rates in India while it is costlier in Pakistan despite being a locally produced resource, he said.

 

Dr. Murtaza Mughal demanded of the Chief Justice Pakistan to take note of the situation, stop distribution of gas on political basis, and take steps to safeguard the interests of oil and gas companies which are fed-up of increasing demands by the politicians.

 

--

Dr. Murtaza Mughal

Cell:  0321-5157671

President Pakistan Economy Watch

www.pakistaneconomywatch.com

 

 

__._,_.___
Recent Activity:
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Please note that,
It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Thanks a lot.
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