AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Pakistan Approved Legislation To Boost Trade Through Gwadar Port

admin-augaf by admin-augaf
September 13, 2024
in Business, Finance
Reading Time: 3 mins read
0
Coal Consumption Reaches Record High in 2023
Share on FacebookShare on TwitterWhatsapp

Islamabad September 13 2024: The Federal Cabinet on Thursday approved a proposal by the Ministry of Maritime Affairs to direct all government departments to route 50% of their imports, such as wheat, sugar, and fertilizer, through the Gwadar Port.

Earlier, the prime minister had issued the directives to increase the Gwadar port operations to ensure development and prosperity of the Balochistan province. He also directed that 50% of all public sector imports should be ensured through the Gwadar Port.

The meeting of the cabinet was held here under the chairmanship of Prime Minister Shehbaz Sharif.

The cabinet also instructed to increase the volume of exports from Gwadar Port in the future. A subcommittee of the cabinet will be formed to submit a quarterly report on imports and exports through Gwadar Port to the cabinet.

The cabinet, on the recommendation of the Ministry of Communications, approved the signing of a Memorandum of Understanding between Pakistan and Sri Lanka for the issuance of a commemorative postal stamp to mark the 75th anniversary of diplomatic relations between the two countries.

The Ministry of Industries and Production presented a report from the Cabinet Committee on Sugar Exports. The cabinet expressed satisfaction that, due to a well-timed decision on sugar exports, the country not only earned valuable foreign exchange, but sugar prices remained stable, and sugarcane farmers were adequately rewarded for their efforts.

The cabinet, on the recommendation of the Ministry of Maritime Affairs, also approved the reconstitution of the Board of Directors of the Korangi Fish Harbour Authority, Karachi.

The cabinet instructed that all provinces should be given representation on such government boards. Additionally, the cabinet directed that any government-owned corporations with incomplete boards should be fully constituted as soon as possible.

On the recommendation of the Ministry of National Health Services, the cabinet approved the appointment of Muhammad Yaqoob, Assistant Director of the Drug Regulatory Authority of Pakistan, as the Federal Inspector Drug Balochistan.

Likewise, on the recommendation of the Planning Ministry, the federal cabinet approved an amendment to the Cabinet resolution dated October 30, 2013, regarding the appointment of Planning Commission members from the open market.

Under this amendment, the salaries of Planning Commission members will now be set under the Special Professional Pay Scale-II (SPPS-II) instead of the Management Pay Scale.

Furthermore, the cabinet also approved setting the salary of the Chief Economist of the Planning Commission, to be appointed from the open market, under the Special Professional Pay Scale-I (SPPS-I).

The cabinet, based on the recommendations of the Revenue Division and according to the Supreme Court of Pakistan’s orders, approved the Federal Public Service Commission to conduct departmental promotion exams for the posts of Inspector Inland Revenue (BPS-16).

The cabinet endorsed the decisions made in the Economic Coordination Committee (ECC) meeting held on August 29, 2024.

The cabinet also ratified the decisions taken in the meeting of the Cabinet Committee on State-Owned Enterprises held on September 2, 2024.

Tags: Port
admin-augaf

admin-augaf

Related Posts

Sazgar Sold 15,665 Auto Rikshaws During Fiscal Year 2021
Business

SAZEW 4-Wheeler Sales Doubled in Fiscal Year 2025

July 4, 2025
SNGP
Business

SNGPL Received Payments From Power Division – PSX

July 4, 2025
ARAMCO
Business

Saudi Aramco Looking to Sell Power Assets to Raise Billions – Reuters

July 4, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Sazgar Sold 15,665 Auto Rikshaws During Fiscal Year 2021

SAZEW 4-Wheeler Sales Doubled in Fiscal Year 2025

July 4, 2025
SNGP

SNGPL Received Payments From Power Division – PSX

July 4, 2025
ARAMCO

Saudi Aramco Looking to Sell Power Assets to Raise Billions – Reuters

July 4, 2025
Oil Prices Fall After Iran Attack As Market Draws Down Risk Premium

Oil Falls as Iran Affirms Commitment to Nuclear Treaty

July 4, 2025
China Detains Investment Bankers, Takes Passports in Corruption Sweep

China Plans Nationwide Subsidies to Boost Birthrate

July 4, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • SAZEW 4-Wheeler Sales Doubled in Fiscal Year 2025
  • SNGPL Received Payments From Power Division – PSX
  • Saudi Aramco Looking to Sell Power Assets to Raise Billions – Reuters

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Sazgar Sold 15,665 Auto Rikshaws During Fiscal Year 2021

SAZEW 4-Wheeler Sales Doubled in Fiscal Year 2025

July 4, 2025
SNGP

SNGPL Received Payments From Power Division – PSX

July 4, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.