Bombay, Karachi Chamber formed
KARACHI, Aug 16: The Karachi Chamber of Commerce and Industry (KCCI) and Bombay Chamber of Commerce have signed an agreement to establish Bombay-Karachi Joint Chamber of Commerce and Industry (BKJCCI) to enhance bilateral trade between the two countries.According to a KCCI announcement here on Tuesday, the agreement took place the other day by a high-level business delegation led by KCCI Vice-President Junaid Esmail Makda during their visit to India.
The prime objective of the visit was to enhance two-way trade and signing of cooperation agreement with Bombay Chamber to establish Bombay-Karachi Joint Chamber of Commerce and Industry.
The KCCI vice-president said that the joint chamber would prove a vital step towards promoting bilateral business and economic ties.
Bombay Chamber President Ashok Barat said effective and practical steps were needed for boosting commercial ties between India and Pakistan. —APP
| Business News |
| Tue, 16 August 2011 | |
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Pak military aid will remain suspended: US
* Sate Dept says civilian aid to Pakistan continues unchanged
* Islamabad needs to takes steps in war on terror
* Ties with Pakistan ‘not easy one’ but extremely important
WASHINGTON: The United States has made it clear it will not lift the hold on its $800 million military aid to Pakistan, reiterating that Islamabad needs to takes steps in the war against terrorism.
“While our civilian assistance continues unchanged, on the security side, on the military side, we have had to make some changes based on cooperation. We need to have the appropriate military personnel in. If all the training assistance is going forward, we have to have the trainers there,” State Department spokesperson Victoria Nuland told reporters.
US had put on hold military aid to Pakistan worth $800 million following Islamabad’s request for a “significant cutback” of American military trainers on its soil.
“On counter-terrorism, the level of our ability to work together depends on continuing to strengthen this dialogue. So we didn’t see anything particularly new in this,” Nuland said in response to a question about a news report appearing in The Wall Street Journal in this regard.
“The supposed baskets speak to the conversation we’ve had here about the need to continue to strengthen CT (counter-terrorism) cooperation and the many visits we’ve had to continue to try to do that, she said.
“Our desire to see Afghanistan and Pakistan work closely together is, as you know, not a new subject for us, and that’s why we sponsor the core group and work so hard to help them develop a better relationship,” she said. Nuland said the relationship with Pakistan “is not an easy one” but an extremely important one.
Earlier on Monday, the Journal quoted a senior military official as calling the unusual new approach “a hard-knuckled reflection of where we are right now” in relations. According to the Journal, the new approach represents an effort to salvage as much counterterrorism cooperation as the Obama administration can at a time when top US officials believe themselves in a race against time to deal a deathblow to al Qaeda’s remaining leadership in Pakistan.
US aid to Pakistan, including economic and security-related assistance, totalled nearly $4.5 billion in fiscal 2010 while the security aid accounted for more than $2.7 billion. agencies
* Islamabad needs to takes steps in war on terror
* Ties with Pakistan ‘not easy one’ but extremely important
WASHINGTON: The United States has made it clear it will not lift the hold on its $800 million military aid to Pakistan, reiterating that Islamabad needs to takes steps in the war against terrorism.
“While our civilian assistance continues unchanged, on the security side, on the military side, we have had to make some changes based on cooperation. We need to have the appropriate military personnel in. If all the training assistance is going forward, we have to have the trainers there,” State Department spokesperson Victoria Nuland told reporters.
US had put on hold military aid to Pakistan worth $800 million following Islamabad’s request for a “significant cutback” of American military trainers on its soil.
“On counter-terrorism, the level of our ability to work together depends on continuing to strengthen this dialogue. So we didn’t see anything particularly new in this,” Nuland said in response to a question about a news report appearing in The Wall Street Journal in this regard.
“The supposed baskets speak to the conversation we’ve had here about the need to continue to strengthen CT (counter-terrorism) cooperation and the many visits we’ve had to continue to try to do that, she said.
“Our desire to see Afghanistan and Pakistan work closely together is, as you know, not a new subject for us, and that’s why we sponsor the core group and work so hard to help them develop a better relationship,” she said. Nuland said the relationship with Pakistan “is not an easy one” but an extremely important one.
Earlier on Monday, the Journal quoted a senior military official as calling the unusual new approach “a hard-knuckled reflection of where we are right now” in relations. According to the Journal, the new approach represents an effort to salvage as much counterterrorism cooperation as the Obama administration can at a time when top US officials believe themselves in a race against time to deal a deathblow to al Qaeda’s remaining leadership in Pakistan.
US aid to Pakistan, including economic and security-related assistance, totalled nearly $4.5 billion in fiscal 2010 while the security aid accounted for more than $2.7 billion. agencies
BRIEF NEWS:
Ø No choice but to keep ties with Pakistan. US
Ø US drone kills four in Miranshah
Ø Balochistan govt.authorised to open political dialogue in province
Ø $360m lost to insurgents,criminals in Afghanistan
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Mohammed Saleem Mansoori
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