June 14 - 20, 2004

CHINESE DELEGATION

A Chinese delegation comprising of the Parliamentarians from China called on the Federal Commerce Minister Mr. Humayun Akhtar Khan on 8-6-2004. The Chinese delegation was headed by H.E. Li Tieying, Vice Chairman, National People's Congress, People's Republic of China. Ex Chinese Foreign Trade Minister, Mr. Shi Guangsheng who is Vice Chairman of Financial Committee accompanied him. The Chinese Ambassador in Pakistan, H.E. Zhang Chunxiang was also present in the meeting.
2. The Commerce Minister stressed the need for more economic cooperation between the two countries in order to match the political relationship. He expressed satisfaction over the conclusion of

 

 

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 understanding.

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 Responsibility" programme.

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 beyond."

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".