Page-49 of Pakistan

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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Supreme Court of Pakistan debars Pakistan Prime Minister Yusuf Raja Gilani from Office

June 24, 2012

The Supreme Court of Pakistan debarred Pakistan Prime Minister Yusuf Raja Gilani from his office and also disqualified Gilani as the member of the National Assembly, the lower house of the Majlis-e-Shoora (Parliament). The court’s ruling came after Gilani refused ..

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No decision on Siachen confrontation between India-Pak

June 13, 2012

No progress was achieved on resolving the military dispute on the Siachen glacier b/w India and Pakistan and both the sides stuck to their stated positions. Pakistani restated its call for demilitarization of the Siachen and moving the troops back ..

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