Tag: Eu

The European Union and the North Atlantic Treaty Organisation (NATO) on Monday called for supporting Pakistan’s democratic government in the aftermath of Osama bin...

Israel on Sunday accused the European Union of a "certain incoherence" over its decision to boost aid to the Palestinians after Israel halted the...

Pakistan “more than ever” needs support in its efforts to combat terrorism and bolster democracy following the killing of Al Qaeda leader Osama bin...

KARACHI - The Commerce secretary Zafar Mehmood has said that government was trying hard to alleviate concerns of India and other countries over concessions granted by European Union (EU) to Pakistan. He said this while talking to media men here on Monday after his meeting with office bearers of Federation of Chamber of Commerce and Industries Pakistan (FCCIP).
"During the meeting held earlier in Geneva, India had voiced its reservations over the concessions given by EU to

WASHINGTON - Unhealthy European banks are the biggest threat to global financial stability, and they need to find fresh capital, the International Monetary Fund said Wednesday.
"Many institutions - particularly weaker European banks - are caught in a maelstrom of interlinked pressures that are intensifying risks for the system as a whole," the IMF said in its Global Financial Stability Report.
"Remaining structural weaknesses and vulnerabilities in the euro area still pose

BRUSSELS - The European Union is still pushing for approval from the trading nations to grant trade preferences to Pakistan in the wake of devastating floods last summer, the bloc's top trade official said on Tuesday. The EU plans to grant additional aid to Pakistan by suspending import tariffs on Pakistani goods from clothing and cotton to ethanol have been frustrated by opposition from India and other members of the World Trade Organisation (WTO).
"We are very actively working

QUETTA - Balochistan Chief Minister Nawab Aslam Raisani has offered European Union and Central Asian Republics provision of all facilities for setting up their trade consulates in Gwadar and launching development projects on BOT basis.
He expressed these views at a meeting with the French consul general who called on him here the other day. Balochistan ministers, Abdul Khaliq Achakzai and Mir Asad Baloch, Chief Secretary Ahmad Bakhsh Lehri and French Honourary Consul General

KARACHI - Pakistan Towel Manufacturers Association of Pakistan (PTMA) Chairman Syed Usman Ali has urged the government to strongly lobby the European Union to access the trade concessions announced by EU for Pakistan.
The TMA chief, in an issued statement, said that EU had announced the provision of tariff relief for Pakistani goods in view of the devastation wreaked by floods last year. The value added textile (VAT) sector selected for the relief package encompasses the towel

ISLAMABAD - The European Union (EU) has contributed 15 million euros (around US$ 21.2 million) to support the United Nations Development Programme (UNDP) work of early recovery in Pakistan's flood devastated areas.
The EU contribution aims at restoring livelihoods through job creation, repairing basic community infrastructure and strengthening the local government offices through the UNDP's 'Early Recovery Programme' for restoring public services again, said a press release

ISLAMABAD - Kashmir Council EU Chairman Ali Raza Syed on Monday said that cricket diplomacy was not enough to improve the relations between Pakistan and India and Kashmir issue would have to be resolved on priority basis according to the will of Kashmiris.
Addressing a news conference here at National Press Club (NPC), Ali Raza said that failure of numerous agreements between India and Pakistan including Tashkant and Shimla, revealed that conflicts between both the countries

ISLAMABAD - The commerce secretaries of India and Pakistan will be holding a two-day dialogue by the end of April in which Pakistan will again try to convince India not to oppose the European Union trade concessions, to be discussed at the World Trade Organisation's (WTO) General Council on May 3, the Commerce Ministry said on Monday.
Commerce Secretary Zafar Mehmood told reporters that a date for the Indian commerce secretary's visit was being finalised and was most likely to

BRUSSELS - Thousands of marchers converged on Thursday on the venue for a summit of European Union leaders, protesting against austerity measures being introduced throughout the bloc. The demonstrators responded to union calls to challenge leaders' moves to commit governments to a new 'Euro Pact' to be announced that seeks to moderate wages in a bid to make Europe's economy more competitive against global rivals. The summit, starting 1600 GMT, gathers the EU's 27 heads of state and

KARACHI - The next meeting of World Trade Organisation (WTO) will be the last resort in a bid to secure approval for unilateral trade concessions proposed by European Union (EU) for Pakistan. The EU, which has failed to convince members, especially India, which are in opposition to the provision of the facility to Pakistan after the devastation wreaked by the summer floods across the country, will seek the waiver in WTO rules during a meeting of the organisation to be held in May

LISBON - Portugal's parliament is expected to reject government austerity measures on Wednesday, setting the stage for the possible collapse of the minority Socialist administration a day before a European summit. Prime Minister Jose Socrates has said he will resign if the plan is defeated. He has said its rejection would force the debt-laden country to follow Greece and Ireland and seek an international bailout, which he opposes. All opposition parties have proposed resolutions

BRUSSELS - The European Union on Monday froze the assets of ousted Egyptian president Hosni Mubarak and 18 people in his inner circle. The sanctions against resources owned by people identified as "responsible for the misappropriation of Egyptian state funds" were signed off by foreign ministers meeting in Brussels.
The move follows a Cairo criminal court ruling which upheld a decision to freeze the assets of Mubarak and his family. Diplomats said the EU list, to be published

FAISALABAD - The European Union has announced to finance a project titled 'Trade-Related Technical Assistance' (TRTA) aimed at boosting Pakistan's economy by increasing the life of farm products. It was stated by international expert, Dr Mike Dillon, at his recent meeting with University of Agriculture Faisalabad (UAF) Vice Chancellor Dr Iqrar Ahmad Khan and Institute of Horticultural Sciences head Prof Dr Amman Ullah.
Dr Mike Dillon has been appointed as a coordinator by United

SIALKOT - Ambassador of Brazil to Pakistan Alfredo Leoni has underlined the need to take some effective and positive steps for strengthening mutual trade ties between the two countries.
Talking to leading industrialists during his visit to several industrial units in Sialkot, he invited Pakistan's business community to divert their business activities to Brazil. He vowed to make all-out efforts to boost mutual trade ties. He pledged full support and technical assistance to ensure