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Pakistan Economic Net is a major news website providing timely economic, domestics and international news reports, in-depth economic analysis, and an unparalleled combination of data relating to the rapid economic development across the globe.

13/09/2024

Prime Minister Shehbaz Sharif on Thursday joined 48 world leaders virtually, to outline their expectations for this month’s Summit of the Future in New York, underscoring “effective” international cooperation to address global challenges, including the developing nation’s rising debt burdens.

“The Summit of the Future represents a great opportunity. We must not lose it!,” the Pakistani leader told the virtual live event as part of a global call to action to support the once-in-a-generation UN summit , which begins on 22 September at UN Headquarters.

13/09/2024

US Republican nominee Donald Trump said on Thursday he would not participate in another presidential debate against Kamala Harris ahead of the Nov 5 election, after several polls showed his Democratic rival won their debate earlier this week.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social. Trump had participated in a debate against President Joe Biden in June before his debate against Harris on Tuesday.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers who spoke to Reuters earlier this week said they thought Harris had won the debate largely because Trump was unable to stay on message.

The debate attracted 67.1 million television viewers, according to Nielsen data.

Harris, speaking at a rally shortly after Trump’s post went live, said: “I believe we owe it to the voters to have another debate.”

While Trump said in his post that polls showed he won the debate, several surveys showed that respondents thought Harris did better.

13/09/2024

Ambassador of Pakistan to China Khalil Hashmi has said that after creating significant employment opportunities and adding 8,000MW of electricity and 800 kilometers of roads in its first phase, the second part of China-Pakistan Economic Corridor (CPEC) would evolve into a multidimensional corridor focused on growth, innovation, and inclusiveness.

13/09/2024

Moscow welcomes the initiatives of Brasili🇧🇷 and Beijingto settle the Ukrainian crisis, Russian🇷🇺 Deputy Foreign Minister Sergey Ryabkov said in an interview with RT television.
“We welcome the Brazil-China consensus – a well-known initiative consisting of six points,” the official said. “I think this initiative has ever more support in the Global South. And this meeting of high representatives is the latest example of how the Global South and people who really want to consistently move toward a political settlement are finding good reasons to actively consider this idea.”

“I will tell you that Russia has always expressed its readiness to resume negotiations,” he went on to say.

Chinese Foreign Minister Wang Yi and the Brazilian president’s foreign policy advisor, Celso Amorim, met on May 23 and issued a joint statement saying that the only way to resolve the conflict in Ukraine is through dialogue and negotiations. China and Brazil proposed holding an international conference at an appropriate time that would have “equitable participation of all sides and discussion of all peace plans.”

13/09/2024

Moscow welcomes the initiatives of Brasilia and Beijing to settle the Ukrainian crisis, Russian Deputy Foreign Minister Sergey Ryabkov said in an interview with RT television.
“We welcome the Brazil-China consensus – a well-known initiative consisting of six points,” the official said. “I think this initiative has ever more support in the Global South. And this meeting of high representatives is the latest example of how the Global South and people who really want to consistently move toward a political settlement are finding good reasons to actively consider this idea.”

“I will tell you that Russia has always expressed its readiness to resume negotiations,” he went on to say.

Chinese Foreign Minister Wang Yi and the Brazilian president’s foreign policy advisor, Celso Amorim, met on May 23 and issued a joint statement saying that the only way to resolve the conflict in Ukraine is through dialogue and negotiations. China and Brazil proposed holding an international at an appropriate time that would have “equitable participation of all sides and discussion of all peace plans.”
https://pakeconet.com.pk/

13/09/2024

The Ambassador-designate of 🇸🇪 Sweden, Ms Alexandra Berg Von Linde, presenting her diplomatic credentials to 🇵🇰 President Asif Ali Zardari, at Aiwan-e-Sadr, on 12-09-2024.

President Asif Ali Zardari stressed the need to further enhancing the bilateral trade and economic ties with Sweden.

13/09/2024

Finance Minister Muhammad Aurangzeb claims that all matters with the International Monetary Fund (IMF) have been resolved smoothly.

In a statement, the minister said Pakistan was moving towards development after achieving economic stability.
https://pakeconet.com.pk/story/127062/pakistan-sanguine-about-approval-of-7bn-imf-bailout-package-on-sept-25/

13/09/2024

Senate Chairman Syed Yousaf Raza Gilani on Thursday reaffirmed Pakistan’s strong adherence to the “Shanghai Spirit” and its commitment to building mutual trust, equality, respect for diversity, and the pursuit of common development.

Addressing the Shanghai Cooperation Organization (SCO) Business and Investment Conference, Gilani highlighted Pakistan’s dedication to fostering regional cooperation within the SCO framework.

He said, “Immense potential exists for trade, investment, and joint ventures in areas such as energy, infrastructure, agriculture, and technology.”

13/09/2024

China’s defence minister said on Friday that China would enhance military ties with its neighbours, saying major countries had to take a lead in safeguarding global security.
https://pakeconet.com.pk/story/127065/chinas-defence-minister-asks-major-countries-to-take-lead-in-safeguarding-global-security/

13/09/2024

The US State Department on Thursday imposed sanctions on a Chinese research institute and several companies it said have been involved in supplying Pakistan’s ballistic missile programme.

Washington similarly targeted three China-based companies with sanctions in October 2023 for supplying missile-applicable items to Pakistan.
https://pakeconet.com.pk/story/127056/us-sanctions-chinese-suppliers-to-pakistans-ballistic-missile-program/

13/09/2024

Prime Minister Shehbaz Sharif has said that government is prioritising the blue economy as a central pillar of its economic development strategy.

He was talking to the Secretary General of International Maritime Organization (IMO) Arsenio Antonio Dominguez Velasco, who called on him here at his office on Thursday, said a statement of the PM Office.
https://pakeconet.com.pk/

13/09/2024

The Punjab authorities has made considerable development on the brand new glass train project connecting Rawalpindi and Bhurban in Murree.
https://pakeconet.com.pk/

13/09/2024

The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of in the province of Khyber Pakhtunkhwa in🇵🇰, enhancing safe and all-weather connectivity in rural areas.
https://pakeconet.com.pk/

13/09/2024

Chinese President Xi Jinping sent a congratulatory letter to the 11th Beijing Xiangshan Forum on Friday.
https://pakeconet.com.pk/story/127021/xi-jinping-sends-congratulatory-letter-to-11th-beijing-xiangshan-forum/

13/09/2024

Pakistan’s exports have shown substantial growth at the beginning of fiscal year 2024-25, with the Strategic Investment Facilitation Council (SIFC) playing a key role in enhancing global market access for Pakistani products.
https://pakeconet.com.pk/story/127047/pakistans-exports-show-major-growth-in-july-2024/

12/09/2024

Interview Xia Le on China-Norway cooperation | PEN

Credit: CGTN Global Business

12/09/2024

China's successful poverty alleviation strategies offer valuable solutions for Africa | PEN

Credit: CGTN Global Business

12/09/2024

Chinese financial institutions supporting overseas aviation projects | PEN

Credit: CGTN Global Business

12/09/2024

China's foreign trade up 6% to 28.6 trln yuan in Jan.-Aug | PEN

Credit: CGTN Global Business

10/09/2024

Highlights of Article by H.E. Jiang Zaidong - Ambassador of Peoples' Republic of 🇨🇳 China to 🇵🇰Pakistan
"Work Together to Advance Modernization in China and Pakistan, Accelerate the Building of China Pakistan Community with a Shared Future"
1/5

10/09/2024

Africa embraces hybrid rice, machinery technology to boost crop production | PEN

Credit: CGTN Global Business

10/09/2024

China-Spain bilateral trade and investment remain strong | PEN

Credit: CGTN Global Business

10/09/2024

Long lines form for mooncakes as Mid-Autumn Festival approaches | PEN

Credit: CGTN Global Business

10/09/2024

China's CPI edges up 0.6% y/y in August, PPI declines on insufficient market demand and falling commodity prices | PEN

Credit: CGTN Global Business

10/09/2024

Brigadier Musadiq Abbas, SACM KPK on Anti-Corruption

10/09/2024

سیکریٹری جنرل خیبرپختونخوا علی اصغر کا ویڈیو پیغام!!

09/09/2024

سابق سپیکر قومی اسمبلی اسد قیصر کا پیغام

09/09/2024

Financial executive shares insights on China's economic resiliency | PEN

Credit: CGTN Global Business

09/09/2024

2024 Bund Summit discusses impact of AI on efficiency and automation in financial operations | PEN

Credit: CGTN Global Business

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Videos

Interview Xia Le on China-Norway cooperation | PEN Credit: CGTN Global Business

China's successful poverty alleviation strategies offer valuable solutions for Africa | PEN Credit: CGTN Global Business

Chinese financial institutions supporting overseas aviation projects | PEN Credit: CGTN Global Business

China's foreign trade up 6% to 28.6 trln yuan in Jan.-Aug | PEN Credit: CGTN Global Business

Africa embraces hybrid rice, machinery technology to boost crop production | PEN Credit: CGTN Global Business

China-Spain bilateral trade and investment remain strong | PEN Credit: CGTN Global Business

Long lines form for mooncakes as Mid-Autumn Festival approaches | PEN Credit: CGTN Global Business

China's CPI edges up 0.6% y/y in August, PPI declines on insufficient market demand and falling commodity prices | PEN Credit: CGTN Global Business

Brigadier Musadiq Abbas, SACK KPK on Anti-Corruption

Brigadier Musadiq Abbas, SACM KPK on Anti-Corruption

سیکریٹری جنرل خیبرپختونخوا علی اصغر کا ویڈیو پیغام!!

سابق سپیکر قومی اسمبلی اسد قیصر کا پیغام

Financial executive shares insights on China's economic resiliency | PEN Credit: CGTN Global Business

2024 Bund Summit discusses impact of AI on efficiency and automation in financial operations | PEN Credit: CGTN Global Business

Chinese experts lead the way in Africa's first aluminum alloy wheel factory | PEN Credit: CGTN Global Business

Car sales in Pakistan increased by 58.21% in July 2024 compared to the same month the previous year, according to data released by the Pakistan Automobile Manufacturing Association (PAMA). #pama #Carsalesinpakistan #Pakistan #trending #autoindustry #autoindustrypakistan

Paris Olympics - Big Hits and Misses l PEN #part1 #olympics #paris #parisolympics #parisolympics2024 #parisolympics2024🇫🇷 #arshadnadeem #olympics2024 #pakistan

Shanghai opens first-ever international cruise festival | PEN

Chief Decarbonisation Officer of Rio Tinto on deepening cooperation with Chinese partners to reduce carbon emissions | PEN Credit: CGTN Global Business