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                    News
                      from Pakistan (24-12-2002) 
                  
                    
                      - The
                          Asian Development bank has approved a project preparatory
                          technical assistance grant for $ 120,000 to the Government
                          of Pakistan.
 
                                     
                       
                      - President
                          said that Pakistan looks forward to increased economic
                          trade and technological cooperation with Iran in a
                          mutually beneficial manner.
 
                                     
                       
                      - Pakistan
                          has a high cost business environment, which depresses
                          investment, employment and production.
 
                                     
                       
                      - Pakistan's
                          economic revival programme is beginning to produce
                          good results, while it needs to follow its course to
                          reach its long standing goals.
 
                                     
                       
                      - Iranian
                          Chamber of Commerce has proposed to establish joint
                          chamber and joint venture companies in association
                          with Pakistani businessmen.
 
                                     
                       
                      - The
                          Minister for IT and Telecommunication announced that
                          telecommunication sector stands deregulated from January
                          1, 2003.
 
                                     
                       
                      - The
                          joint forum of Sarhad Chamber of Commerce & Industries
                          and Kabul Chamber of Commerce will hold an exhibition
                          of Pakistani manufactured goods in Kabul, in April
                          to promote trade relations between the two countries.
 
                                     
                       
                      - Pakistan
                          has been invited to participate in the 46th edition
                          of the Maltese international trade fair, to be held
                          at Naxxar Trade Fairs and Exhibition Centre there,
                          from July 2 to 13, 2003.
 
                                     
                       
                      - The
                          Government will try its best to resolve the problems
                          of the industrial labour, said Minister for Industries
                          and Production.
 
                                     
                       
                      - The
                          President, Federation of Pakistan Chambers of Commerce
                          and Industry has thanked the Secretary, Ministry of
                          Industries and Production, for accepting the FPCCI
                          demand to withdraw Saturday as weekly holiday at Karachi
                          Export Processing Zone. 
 
                     
                   
                  
                  (Iqbal
                      Ahmad Khan) 
        Director (PA/IF) 
        24-12-2002 
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