Preferential Trade Agreement in November last year
and hoped that the Study Group formed for concluding Free Trade
Agreement will take the relationship power. The
Commerce Minister invited Chinese investors for
investing in the garment cities and stated that he was encouraged to
see China focusing on their Western Regions bordering Pakistan. The
Chinese delegation appreciated the long-standing friendship between
the two countries and admired Pakistan's support for Chinese accession
to WTO. H.E. Li Tieying and Honorable Shi Guangsheng explained the
free market reforms in China and the benefits that China has gained
through its accession to WTO.
3. The Chairman Export Promotion Bureau Mr. Tariq
Ikram invited Chinese investors to invest in garment industries in
Pakistan by establishing joint venture projects. He also highlighted
the areas of co-operation in the leather, footwear, marble and granite
industries. The Chinese delegation expressed that their government
attaches high priority to economic co-operation with Pakistan and
shall consider the proposed areas of co-operation.
EXIM BANK DELEGATION
April Foley, First President and Vice Chairman of
EXIM Bank, USA called on the Commerce Minister of Pakistan, Mr.
Humayan Akhtar Khan along with a delegation including Michael T.
Lempres of Overseas Private Investment Corporation (OPIC) and Barbara
Bradford of US Trade and Development Agency. Ambassador of United
States in Pakistan Nancy Powell was also present during the meeting.
The meeting was held in an atmosphere of complete cordiality and
Vice President of EXIM Bank conveyed the
appreciation of President of the United States Mr. George Bush to
Commerce Minister, Government and people of Pakistan for achieving
remarkable success in trade and economic growth. She hoped that the
process of reform and growth would continue in future. She reaffirmed
the complete support of the Government of USA and especially EXIM Bank
of USA to Pakistan for improving in areas of infrastructure
development, telecommunication, water resources development,
electrical power generation and air and railway communications.
SSGC TO PROMOTE ADULT LITERACY
Sui Southern Gas Co. (SSGC) will set ten literacy
centers in Ziarat (Balochistan), Nawabsah & Badin (Sindh), and in
Karachi. An agreement was signed in this regard, between Sui Southern
Gas Co. Ltd (SSGC) and M/s Literate Pakistan Foundation today here at
company's head office on Thursday 3rd. June 2004. According to the
agreement, SSGC will sponsor Literate Pakistan Foundation for their
literacy activities under its "Corporate Social
The agreement was signed by Syed Hassan Nawab, Sr.
General Manager (Management Services) and Mrs. Fakhera Aqeel,
President of Literate Pakistan Foundation, a renowned NGO engaged in
mass literacy activities in Pakistan, especially in the deprived areas
of the country.
CATHAY PACIFIC LAUNCHES DIRECT SERVICE TO MOSCOW
Cathay Pacific Airways today launched its first
direct service from Hong Kong to Moscow, the latest addition to the
airline's growing network and further strengthening Hong Kong as a
global aviation hub.
Services between Hong Kong and Moscow are operated
under a code-share agreement with Aeroflot - Russian Airlines signed
in March. This morning, flight CX9240 (SU595) from Moscow touched down
at the Hong Kong International Airport at 9:45am. CX9241 (SU596) then
departed for Moscow on schedule at 11:05am and is expected to arrive
in the Russian city 5:25pm.
Flight numbers have been designated with both
Aeroflot's "SU" and Cathay Pacific's "CX"
prefixes, giving Cathay Pacific passengers the benefit of through
check-in and ease of transfer between the Moscow service and any other
Cathay Pacific flight. Both Aeroflot and Cathay Pacific will market
the service but flights are operated by Aeroflot using a Boeing B767
aircraft. Currently, passengers can choose from six services a week
during this peak summer season.
Passengers who are members of the Asia Miles
programme can earn Asia Miles when they book through Cathay Pacific.
Front-end passengers and members of The Marco Polo Club will also be
able to enjoy the airline's award winning lounges - The Wing and The
Pier - at Hong Kong International Airport during transfer and prior to
the approximately ten hour flight to Moscow.
Cathay Pacific Deputy Chairman and Chief Executive
David Turnbull said: "We are very happy to work with Aeroflot to
offer this new service to our passengers. Moscow is a dynamic city and
a prime destination for both business and leisure travellers. With our
strong network across Asia we can offer passengers convenient
connections through Hong Kong direct to the Russian capital and
Moscow's addition to the Cathay Pacific network
reflects the airline's on-going commitment to further strengthen Hong
Kong as a global aviation hub. From 1 July Cathay Pacific will be the
only carrier to operate a daily non-stop service from Hong Kong to New
York. With the airline's existing connecting service via Vancouver,
Cathay Pacific will also be the only carrier to fly the Hong Kong-New
York route twice daily.
PAKTEL PROGRESSING AGGRESSIVELY TOWARDS GSM LAUNCH
Paktel, the pioneer of cellular service in Pakistan
and Nokia, the world leader in mobile communications recently joined
hands and announced a marketing and strategic alliance between the
both companies, as a precursor to the launch of Paktel's GSM network
in the near future.
Present on the occasion were Mr. Xavier Rocoplan,
PAKTEL CEO, Mr. Eddie Maalouf, CEO, Nokia, Mr. Azad A. Lalani,
Director, United Mobiles, Mr. Ejaz Hassan, Director, United Mobiles
and other senior officials of the companies.
This alliance will strengthen the marketing efforts
of both the partners and give a boost to the upcoming Paktel GSM
launch, ultimately providing a range of benefits to the users.
According to the contract Nokia will be one of the
two preferred handset suppliers to Paktel's franchise nationwide.
Paktel will facilitate provision of counter space to Nokia and will
display Nokia's handsets, POS material and other promotional tools.
Paktel and Nokia will design consumer and trade promotion from time to
time as per market demand and product availability in the best
interest of the consumers.
Speaking on the occasion Mr. Xavier Rocoplan,
PAKTEL CEO said, "This is one of the big steps toward the launch
of Paktel GSM. A partnership that will principally benefit not Paktel
and not Nokia, but the cell-phone user. The complete range of Nokia
GSM handsets along with all accessories will be available in the
entire Paktel franchise network. This will give the subscriber a one
stop solution to his needs. Top of the range cell-phones and network
connectivity at the same location".