Thursday, September 08, 2005

Argentina to invest in Gwadar port

Argentina to invest in Gwadar port

By Our Reporter

ISLAMABAD, Sept 7: Pakistan and Argentina on Wednesday identified areas for collaboration, which include gas pipeline, petroleum explorations and investment in the Gwadar Port development.

This was one of the outcomes in the first meeting of the Joint Committee of Pakistan-Argentina. Pakistan commerce secretary and Argentina secretary of trade and economic affairs led their respective side.

It was also agreed that the cooperation would be extended to other areas like agriculture, pharmaceutical products, etc.

Meanwhile, an agreement was also signed between Karachi Chambers of Commerce and Industry and Argentine Chambers of Commerce for increasing bilateral trade and flow of information between the private sectors of the two countries.

In order to further promote the flow of information between the two countries, a memorandum of understanding (MoU) will be signed between Export Promotion Bureau (EPB) and its counterpart organization in Argentine.

To implement the spirit of cooperation, it was agreed in the meeting that Argentina would send a trade delegation to Pakistan in the first quarter of 2006, and EPB would hold a single country exhibition in Argentina to fully tap the market.

Train track blown up near DG Khan

Staff Report

MULTAN: Unidentified men blew-up the railway track between Darvaish Lashari and Dera Ghazi Khan rail stations at midnight on Wednesday, shortly after the Lahore-bound Chiltan Express passes by.

This was third blast on track in DG Khan this year. “A large area of the track between Kot Adu and DG Khan was damaged when a bomb exploded near level crossing no 218 some 90 miles west of Multan at midnight,” Railways SSP Multan Ahmed Mukhtar said. “The track was repaired immediately and it is clear for traffic,” Multan Divisional Superintendent Irfan Gauhar said.

Indian delegation arrives for talks on gas pipeline

ISLAMABAD: A 10-member Indian delegation led by Indian Petroleum Secretary Sushil Chand Tripathy arrived in Pakistan on Wednesday to attend the second meeting of the joint working group on the multi-billion dollar Iran-Pakistan-India (IPI) gas pipeline starting today.

The delegation was received at the airport by officials of the Petroleum Ministry and Foreign Office, and the Indian High Commissioner.

The working group will consider issues and challenges confronting the gas pipeline project.

Meanwhile on Wednesday, Foreign Minister Khurshid Kasuri met with an Iranian delegation led by Secretary Iranian Supreme National Security Council (SNSC) Dr Ali Larijani and discussed the IPI gas pipeline, among other issues.

Kasuri explained to the delegation Pakistan’s increasing energy requirements and called for speedy progress on the gas pipeline project. Larijani, who had visited New Delhi last week, observed that India had shown serious interest in the project. online


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