FRANKFURT: Pakistan will co-host with Germany world?s first-ever International Conference on Investment Treaties in Frankfurt from December 1-3, aimed at examining the policy issues that will shape international investment laws in the years to come. The conference for ?taking stock and a look to the future? marks the Golden Jubilee of signing of the first Bilateral Investment Treaty (BIT) between Pakistan and Germany on November 25, 1959 and will focus on significant changes in the pattern of movement of foreign capital, deep financial crisis, turf war over competence in Europe and the threat of protectionism.
The moot would examine the policy issues that will shape international investment law in the years to come.
Apart from Prime Minister Syed Yusuf Raza Gilani the Conference will be addressed by Roland Koch, Prime Minister of the State of Hesse, Hans-Joachim Otto, Parliamentary State Secretary, Ministry of Economics and Technology, Germany, Dr. Ludolf v. Wartenberg, President of the Gesellschaft zur F?rderung von Auslandsinvestitionen e.V., Wilhelm Freiherr von Haller, Member of the Management Committee of Deutsche Bank AG.
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Karachi
Sindh Chief Minister Syed Qaim Ali Shah has asked the Pakistan People?s Party leaders and workers to actively observe December 6 so as
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The White House released these facts on Afghanistan and Pakistan shortly after President Obama’s address Tuesday night.
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SINGAPORE: Oil was mixed Wednesday in Asian trade amid renewed tensions over Iran’’s nuclear programme, analysts said.
New York’’s main contract, light sweet crude for January delivery, dropped five cents to 78.32 dollars a barrel.
Brent North Sea crude for January delivery was 88 cents higher at 79.35 dollars a barrel. Both contracts had closed higher Tuesday.
“Iran is very bullish,” said Ellis Eckland, an independent analyst.
Tensions simmered as Iran hit out at its long-time nuclear partner Russia over a yes vote for a censure motion at the UN atomic watchdog and insisted it was serious about plans for 10 additional uranium enrichment plants.
“Russia made a mistake. It does not have an accurate analysis of today’’s world situation,” Iran’’s President Mahmoud Ahmadinejad said Tuesday in a televised interview.
Iran announced Sunday it plans to build 10 new uranium enrichment plants, heaping scorn on a rebuke by the UN atomic watchdog for constructing its second such plant near the Shiite holy city of Qom.
Twenty-five of the 35 members of the International Atomic Energy Agency (IAEA) voted against Tehran and asked it to freeze the building of the plant.
The dollar’’s continued slump against the euro was bolstering oil prices.
A weak US currency means it is cheaper for holders of foreign units to buy dollar-priced crude futures.
In late US trade Tuesday, the euro traded at 1.5082 dollars, up from 1.5005 dollars late Monday in New York.
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Karachi
The Karachi Electric Supply Company (KESC) has planned that all six generation units of its major power generation facility, the Bin Q
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President Obama left much unsaid about Pakistan, where he can send no troops, but he offered hints of an expanded counterinsurgency effort.
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Islamabad
Peter Curman, renowned Swedish literati and recipient of ?Quaid-i-Azam International Award for Literature,? visited the Pakistan Acad
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President Barack Obama says the United States’ strategy for Afghanistan must include a policy for its neighbor Pakistan.
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