Over 40 int’l navies coming to Pakistan for ‘Aman 2021’
National
February 6, 2021
KARACHI: The Pakistan Navy is holding its eighth edition of the annual multinational exercise ‘Aman’ from mid-Feb, in which navies of 46 countries are participating.
Naval participants from European, Eurasian, Asian, American continents are bringing together ships, aircraft, special operation forces and observers for collaborative peace and security of the maritime domain. The Pakistan Navy seeks to enhance interoperability between regional and extra regional navies to promote peace and stability in the region and beyond. From 2006 onwards, piracy and maritime terrorism incidents like those of Somali pirates hijacking commercial ships and crews increased significantly all around the world but especially in the Red Sea, Gulf of Aden, Arabian Sea, Persian Gulf and the Somalia Basin, threatening commercial interests and freedom of the high seas. According to the International Maritime Burea
Top Story
February 5, 2021
ISLAMABAD: In a goodwill gesture, the top management of K. Electric has withdrawn its main conditions of Principle of Reciprocity and arbitration through London Court from its draft terms of reference (ToRs) to resolve once for all the decade old disputes over receivables and payables between the K.E and the government entities. The shareholders of K. Electric from Kuwait, Dubai and Saudi Arabia have also given the nod to the top management to remove the clause of Principle of Reciprocity and agree to the local arbitration mainly on the demand of the government paving the way to resolve the historic dispute over receivables and payables, a senior official at Ministry of Energy confirmed to The News.
ISLAMABAD: In a goodwill gesture, the top management of K-Electric has withdrawn its main conditions of Principle of Reciprocity and arbitration through the London Court from its draft terms of.
Kazakhstan allots land plot for Intâl trade center «Central Asia» 2 February 2021 11:06 Share in:
NUR-SULTAN. KAZINFORM â Kazakhstan has allotted a land plot for the construction of the International Trade and Economic Center «Central Asia», Minister of Trade and Integration Bakhyt Sultanov revealed at the Tuesdayâs session of the Government, Kazinform reports. Related news
At the same time, Sultanov added that there were some delays in the implementation of the project.
In his words, at the moment the Kazakh side is looking at the additional options to implement the project which is bound to boost cross-border trade with Uzbekistan. The project is expected to drum the two-way trade up to $10 billion.