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President signs trade organization bill into law

Source: Dawn News | 21-02-2013

President Asif Ali Zardari signed the Trade Organization Bill, 2013 into law, in a ceremony here at the Presidency on Wednesday.

The signing ceremony was attended by newly appointed Minister for Finance Salim H Mandviwala, Law Minister Farooq H Naik, some federal ministers, Governor State Bank of Pakistan Yaseen Anwat and high ranking officialsThe Trade Organization Bill, 2013 was passed by the National Assembly on Nov 19 last year and by Senate on Feb 6.

Spokesperson Senator Farhatullah Babar said that the bill was aimed at providing for the registration and regulation of trade organizations to ensure appropriate representation of all genders and business sectors at all levels in trade organizations as they played a significant role in developing policy framework for improving business environment and economic growth.

EU envoy signals Pakistanâ€™s eligibility for GSP+ status

Source: Tribune | 15-03-2013

European Union (EU) Ambassador Lars Gunnar Wigemark has indicated that Pakistan qualifies for the Generalised Scheme of Preferences Plus (GSP+) status as per the new EU regulations, but it still has to submit an application to the EU Commission in Brussels in order to get the status. The EU ambassador, who was speaking at the Lahore Chamber of Commerce an..... Read more

Oil prices rise in Asian trade

Source: Geo News | 22-07-2013

SINGAPORE: Oil prices edged higher in Asian trade Monday, as improved transportation links unlocked a glut of US supplies, analysts said. New York's main contract, West Texas Intermediate (WTI) for delivery in August, rose 44 cents to $108.49 a barrel, while Brent North Sea crude for September was up 36 cents at $108.43 in mid-morning trade. WTI h..... Read more

Pakistan must expand its social safety programmes

Source: Tribune | 02-05-2013

With a slew of social safety programmes ranging from food stamps for the poor to free medical coverage for the elderly introduced in most developed countries after World War II gradually becoming unsustainable in today’s ageing societies, many prosperous nations are now increasingly forced to cut down on their social-sector spending. However, for a ..... Read more

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