Page-39 of Pakistan

Govt to shrink sensitive list to make SAFTA work, improve Pak ties

August 23, 2012

To improve relations with Pakistan, India is likely to cut the peak tariff rate to 5 % within three years. The Union Cabinet might allow a diminution in the sensitive list by 30% for Non-Least Developed Countries (NLDCs), under the ..

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Terrorist attack Pakistan’s Kamra air base

August 23, 2012

  Pakistan’s security structure was breached when terrorists belonging Tehreek-e-Taliban Pakistan (TTP) attacked Pakistan Air Force’s Minhas Base in Kamra (a two-hour drive from Islamabad). Although all the terrorists were killed in the battle, the assault killed more than a ..

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India to slash import duties on 234 Items from Pakistan

August 20, 2012

The Union Cabinet Okayed the Commerce Ministry’s proposal to reduce the list of sensitive items under South Asian Free Trade Agreement (SAFTA) for Pakistan by 30%. India will also slash import duties on about 234 items from Pakistan under the ..

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Pak SC annuls New Law Protecting the Prime Minister

August 8, 2012

Supreme Court of Pakistan annulled the new Contempt of Court Act 2012(COCA 2012) which was brought in to protect the new prime minister from being charged with contempt and removed from his office like his predecessor Yousuf Rza Gilani. Previous ..

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India opens door for FDI from Pakistan

August 6, 2012

India allowed foreign direct investment (FDI) from Pakistan. But it will be only through government route and not through the automatic route. Earlier, no individual residing in Pakistan or a company based there was permitted to invest as FDI in ..

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US, Pakistan sign NATO Supply Agreement

August 3, 2012

US, Pakistan signed NATO Supply Agreement on transporting supplies for NATO troops in Afghanistan through Pakistan. As per the agreement, the US will give $ 1.1 billion aid to Pakistan for fighting terrorists within its borders. The agreement will expire ..

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U.S. slashes military aid to Pak by$650 m

July 22, 2012

In a latest jolt at Pakistan by the U.S., the House of Representatives has voted to slash American military aid to Islamabad by $650 million. The Republicans had actually demanded a $1.3 billion cut, but settled for the $650 million ..

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Pakistan’s parliament passes bill to save top leaders from contempt of court

July 12, 2012

The upper house of Pakistan’s Parliament has passed a bill to protect top leaders from contempt of court and thwart the Supreme Court’s efforts to push the Prime Minister into reopening graft cases against President Asif Ali Zardari. The government ..

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Pakistan releases Surjeet Singh

July 2, 2012

Pakistan freed Indian prisoner Surjeet Singh who has served a life term following his arrest on charges of spying in the 1980s. Singh was freed from Kot Lakhpat Jail. Indian team present at Wagah will receive over 300 fishermen being ..

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Pakistan elects Raja Parvez Ashraf as its new PM

June 25, 2012

Raja Parvez Ashraf, candidate of ruling Pakistan People’s Party is the new Prime Minister of Pakistan. He was elected in a special session of the National assembly held in Islamabad after getting 211 votes out of 300 cast in the ..

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