Trade Chronicle May & June 2015

TRADE CHRONICLE
Prime Minister Nawaz Sharif has
distributed 38th FPCCI Trophy to top
businessmen of country at a function
organized by apex trade body -
Federation of Pakistan Chambers of
Commerce & Industry recently.
38th FPCCI Export Trophy
PM distributes award to top businessmen
While addressing the members of
Federation of Pakistan Chambers of
Commerce & Industry (FPCCI) the
Prime Minister said the Government
would consider the proposal to waive
off duties on import of new plants and
machinery. He said the duties can be
recovered when the plant becomes
operational.
The Prime Minister said work is about
to begin on Karachi-Hyderabad
Motorway, which would later be
extended to Sukkur, Multan, Lahore
and Peshawar.
He said it is the effort of the present
government to connect Pakistan with
Central Asian States. He said
construction of Gwadar-Quetta-
Chaman and Kandhar route would
open the entire Balochistan to
development.
Prime Minister Muhammad Nawaz Sharif distributing Export Awards to the
winners at 38th FPCCI Exports Awards Distribution ceremony in Karachi on
12-6-2015.
Sindh Governor Dr Ishrat-ul-Ebad
Khan, Federal Commerce Minister
Engr Khurram Dastagir Khan,
Federal Minister for Finance and
Economic Affairs Senator
Muhammad Ishaq Dar, Minister of
State for Petroleum and Natural
Resources Jam Kamal and Minister
of State and Chairman Board of
Investment Dr Miftah Ismail,
Federation of Pakistan Chambers of
Commerce and Industry (FPCCI)
President Mian Muhammad Adrees,
Trade Development Authority of
Pakistan (TDAP) Chief Executive
Officer S M Muneer, United
Business Group (UBG) Chairman
Iftikhar Ali Malik, Senior Vice
President FPCCI Abdul Rahim
Janoo, FPCCI vice presidents,
former vice president, In-Charge
WTO Cell at FPCCI Engr. M.A.
Jabbar and a large number of business
leaders were present.
The Prime Minister said massive
investment of 46 billion dollars would
be made by China under China-
Pakistan Economic Corridor. He said
two power plants of 330 MW each
are to be established at Thar which
would use Thar coal.
He said the ultimate objective of the
Government is to eliminate load-shedding
and bring down prices of electricity.
Nawaz Sharif said the Government
is also addressing issues of security
in Karachi, Balochistan and overall
in the country.
Dr. Navaid ul Zafar, Managing Director, Hamdard Laboratories (Waqf) Pakistan
receiving FPCCI Export Award 2014 on best export of Rooh Afza Syrup from
Prime Minister of Pakistan, Mian Mohammed Nawaz Sharif in 38th FPCCI
Export Awards Ceremony, held at a local hotel of Karachi.
Trade Chronicle - May - June 2015 - Page # 11