Author: Admin

Call to Accelerate Carbon Policy for Greater Impact

Admin
Carbon-Policy

Lahore: Pakistan’s National Carbon Market Policy, launched in November 2023, reflects the country’s commitment to emission reductions, but lags behind regional counterparts in ambition, sector coverage, and global integration, potentially limiting its ability to attract climate finance and investment, say garment manufacturers and exporters. Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Regional Chairman Dr. Ayyaz Uddin highlighted that while the policy is a step forward, it requires enhanced sectoral coverage, including cement, steel, and transportation, which are currently underrepresented. In contrast, India and China have prioritized these industries in…

Read More

EU Urged to Secure Free-Trade Deal on US LNG

Admin
Pakistan-LNG

Paris: TotalEnergies CEO Patrick Pouyanne has called on Europe to negotiate a free-trade guarantee for US liquefied natural gas (LNG), citing concerns over an increasingly unpredictable global trade environment. His remarks come as US President Donald Trump imposes new tariffs on Chinese imports, prompting Beijing to retaliate with a 15% levy on US LNG and 10% on US crude oil. Speaking after TotalEnergies’ Q4 earnings announcement, Pouyanne highlighted that US LNG export capacity is set to double in the coming years. However, he warned of the risks associated with over-reliance…

Read More

Pakistan Finalizing National Minerals Harmonisation Framework 2025

Admin
National-Minerals

Islamabad: The government is in the final stages of finalizing the National Minerals Harmonisation Framework 2025, a key initiative aimed at attracting investment in Pakistan’s mineral sector. All provinces, along with Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan, are set to adopt the policy by February 26, 2025. The framework will be formally unveiled at the Pakistan Critical Minerals Summit on April 9. Boost for Mining Sector & Reko Diq InvestmentSaudi Arabia has already shown interest in acquiring 15% shares in the Reko Diq copper and gold mining project, a…

Read More

Zardari, Xi Pledge to Expand CPEC and Strengthen Strategic Ties

Admin
Zardari-china

Islamabad/Beijing: President Asif Ali Zardari met Chinese President Xi Jinping in Beijing on Wednesday, reaffirming the long-standing strategic partnership between Pakistan and China and charting the course for the expansion of CPEC under its second phase. Held at the Great Hall of the People, the meeting focused on enhancing bilateral cooperation, regional connectivity, and shared prosperity through CPEC. Both leaders emphasized the importance of high-level exchanges, people-to-people linkages, and cultural collaborations to further strengthen the China-Pakistan Community of Shared Future in the New Era. President Zardari reiterated Pakistan’s unwavering commitment…

Read More

Breathe Pakistan Conference Kicks Off in Islamabad to Tackle Climate Change

Admin
Breathe-Pakistan

Islamabad is set to host a two-day international climate conference under DawnMedia’s ‘Breathe Pakistan’ initiative, beginning today at the Jinnah Convention Centre. The event brings together national and international experts to discuss viable solutions for climate resilience and mobilizing climate finance. The conference aims to position Pakistan as a climate-resilient nation by 2047 through collaboration with South Asian countries. Experts will address challenges such as rising temperatures, erratic weather patterns, water scarcity, and frequent natural disasters. Key Sessions and Speakers A session on climate finance will feature Finance Minister Muhammad…

Read More