Federal, Provincial govts working in harmony for development of country and GDP growth rate of 5.28% for current financial year is commendable: PM Nawaz
PM chaired a meeting in The National Economic Council, the highest economic policy-making forum
It is expected to approve the Annual Development Plan for the next financial year besides reviewing the achievements of the ongoing plan. The Annual Plan Coordination Committee has already recommended to the NEC a development programme worth 2113 billion rupees for the next financial year. Addressing the National Economic Council meeting, Prime Minister Nawaz Sharif said Pakistan's economic indicators have significantly improved and this is acknowledged by international financial rating institutions. GDP growth rate of 5.28% for the current financial year is commendable.
Pakistan is an attractive destination for foreign investors – U.S is keen to invest in Pakistan
The US companies have expressed desire to invest in Pakistan in various sectors. The interest was shown by delegations of Philip Morris International and Pepsico Incorporation and Glaxo Smith Kline Pharmaceutical Company in their meeting with Pakistan Ambassador to the United States, Aizaz Chaudhry in Washington. The Ambassador briefed them on lucrative investment opportunities in Pakistan. Meanwhile, US Senator Angus Stanley King also called on Aizaz Chaudhry and discussed bilateral relations and regional stability.
China’s stance on Kashmir - China has called for solution of Kashmir through dialogue between Pakistan and India
Addressing a regular press briefing in Beijing, a spokesperson of Chinese Foreign Ministry, Hua Chunying said: China-Pakistan Economic Corridor will not change China's position on the Kashmir issue. CPEC will help enhance regional connectivity and promote common development and prosperity for regional countries.
Trump's first trip to Middle East includes stop in West Bank
US President Donald Trump is beginning his first overseas from today since taking his office as a president. On his first leg of tour, he will arrive Saudi Arabia today to discuss bilateral and Middle East issues with Saudi leadership. During his two visit of Saudi Arabia, Trump plans to sign bilateral military, economic and counterterrorism agreements with Riyadh. US President Donald Trump will also meet Palestinian President Mahmoud Abbas in Bethlehem, West Bank next week.
Long queues as Iranians start voting in presidential election
Iranians voted in fiercely-contested presidential polls on Friday, standing in long lines to choose between Hassan Rouhani, the incumbent who wants normal ties with the West, and a populist challenger backed by powerful security hawks. "Everyone should vote in this important election ... The country's fate is determined by the people," Supreme Leader Ayatollah Ali Khamenei said, casting his ballot in Tehran as lengthy queues formed across the country of 80 million.
Japan’s cabinet approves Emperor Akihito abdication bill
The Japanese cabinet has approved a bill that would allow Emperor Akihito to step down.
This step will pave the way for the first abdication by a Japanese emperor in nearly two centuries. The bill will be sent to parliament, where lawmakers are aiming to pass it before the current session ends next month.
U.S. strikes Syria militia threatening U.S -backed forces
The U.S. military carried out an air strike on Thursday against militia supported by the Syrian government that posed a threat to U.S. and U.S.-backed Syrian fighters in the country's south, U.S. officials told Reuters on Thursday. The militia, who numbered in the dozens and drove a tank and a small number of construction vehicles, ignored warning shots from U.S. aircraft and, according to a U.S.-led coalition statement, even "apparent Russian attempts to dissuade" their advance.
1st N.Korea-Russia ferry service opens despite un sanctions
North Korea and Russia have started passenger ferry service aiming to develop links and boost economic cooperation despite United Nations sanctions. North Korean passenger ferry docked in Russia's port city of Vladivostok for the first time. The vessel will sail once a week to the port city and will carry cargo.
Indian coal scam - Former coal secretary HC Gupta convicted in a coal scam case
A special court on Friday convicted former coal secretary HC Gupta in a coal scam case.
Special CBI Judge Bharat Parashar also convicted the coal ministry’s then joint secretary KS Kropha and then director KC Samaria besides others in the case pertaining to alleged irregularities in allocation of Thesgora-B Rudrapuri coal block in Madhya Pradesh to KSSPL. The court will pronounce the order on quantum of sentence on May 22.
New York times: China’s Trillion-Dollar Foreign Policy