China Textile Delegation Visits Pakistan
Updated on 2004-03-31 09:58:43
BEIJING, China : March 31 (PNS) - An eight-member delegation, comprising representatives of the Chinese textile industry left here for Pakistan to explore further avenues of bilateral cooperation.
China is keen to enhance its cooperation with Pakistan in the development of the textile industry, said a member of the delegation. The Chinese government had been supporting the Chinese companies visit Pakistan to explore the market, establish joint ventures and to undertake export-oriented projects of bilateral interest.
According to the sources, Pakistan's trade with China in textile sector has been encouraging. The export of cotton yarn and fabric to China in the recent year was amounted to about 400 million dollars. At present, nearly 70 percent of country's total export to China comprised cotton yarn and cotton fabric. However, Pakistan's side will now focus its attention to export its value-added products to get better price as well as to rectify the existing trade deficit in their bilateral relations.
http://www.paknews.com/flash.php?id=12&date1=2004-03-31
Large Gas And Oil Reserves Discovered In Sanghar
Updated on 2004-03-31 10:17:36
KHANGARH, Pakistan : March 31 (PNS) - Large amount of gas and oil reserves had been discovered in Sanghar (Sindh) and Gagri (Tull-NWFP) and laboratory analyses were being made to determine the commercial value of these reserves.
This was stated by Federal Minister for Petroleum and National Resources, Choudhry Nourez Ali Shakoor at the ground-breaking ceremony of gas supply to Khangarh town on Tuesday, where Prime Minister Mir Zafarullah Khan Jamali was the chief guest. The minister said, present government had pursued a positive petroleum policy, and had liberally granted exploration licences to several national and international companies for exploring oil and gas in Sindh and Balochistan.
He said, the discovery of gas in Gagri (NWFP) was a welcome sign, as it would largely benefit the people of the province. He also termed the over all results of gas and oil exploration in the country as very promising, and hoped that these would help the country in achieving economic prosperity. The minister said that seismic survey in some areas of Punjab was also in progress, and was also confident of oil and gas discovery in these areas.
He said that Mari Gas Company had discovered gas in Ghotki district in 1957, after which a number of fertilizer factories were established in Ghotki to avail gas supply from Mari Gas. He complemented SSGC and PSO for their notable contribution in the national economy and added that their performance was also recognized at international level. He also spoke about steel price crisis in the country, and attributed to the international fluctuation trend of prices.
He said that government was doing its best to overcome the crisis, and hoped that the crisis will end in a month or two. The minister said that previous governments had failed to fulfil the needs of common men, due to which poverty was increased. He further said that due to their sheer negligence most of the development funds were wasted. He said that situation was quite different now, and Prime Minister had evolved a very transparent policy for ensuring effective and proper use of public funds.
http://www.paknews.com/flash.php?id=14&date1=2004-03-31
Govt Spending Huge Amount On Promotion Of Education
Updated on 2004-03-31 09:53
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GUJRANWALA, Pakistan : March 31 (PNS) - The present government is spending millions of rupees on the promotion of education to meet the new challenges facing the country.
Punjab Minister for Culture and Youth Affairs ,Chaudhry Shaukat Ali Bhatti said this while addressing the silver jubilee function of Nausheen Model Shcool at Wazirabad on Tuesday. Earlier, the minister performed the launching ceremony of a book 'Democracy and Dictatorship' written by Sh. Tariq Ameen Khalid,Advocate. Tehsil Nazim Ch.Shaukat Manzoor Cheema speaking on this occasion said that the private educational institutions are fully cooperating with the government in its pursuit of promotion of edcuation. He also announced Rs.5000/- for the school on its performance.
http://www.paknews.com/flash.php?id=9&date1=2004-03-31