Pakistan’s Ambassador to Azerbaijan, Bilal Hayee, met with President Irfan Iqbal Sheikh to discuss enhancing cooperation in trade, investment, and technology between the two countries. The meeting emphasized the need for building stronger B2B and P2P linkages and promoting trade relations.

The Ambassador of Pakistan to Azerbaijan, Bilal Hayee, visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional office in Lahore to discuss enhancing trade, investment, technology exchange, and business delegation exchanges between the two countries. President Irfan Iqbal Sheikh emphasized the significance of B2B and P2P linkages in promoting bilateral trade, while Muhammad Nadeem Qureshi thanked Azerbaijan for abolishing duties on Pakistani rice, creating opportunities for Pakistani exporters in the Azerbaijani market. Source: Business Recorder.

Azerbaijan aims to enhance trade relations with Pakistan, particularly in the rice and pharmaceutical sectors, as well as agriculture, industry, tourism, mining, and hospitality. This move presents new opportunities for economic cooperation and mutual benefits between the two countries. (49 words)

Azerbaijan aims to strengthen trade ties with Pakistan, particularly in the agricultural, pharmaceutical, tourism, mining, and hospitality sectors. Import duties on rice have been eliminated, signaling a significant opportunity for Pakistani exporters. Bilateral collaboration, including trade and technology exchanges, is crucial for increased economic cooperation.

Patanjali Ayurveda granted exemption by the Central government to export 20 tonnes of non-basmati white rice as a donation to Nepal for earthquake victims, despite the ban on export imposed on July 20.

Ambassador of Pakistan to Azerbaijan, Bilal Hayee, visited the FPCCI Regional office in Lahore to discuss cooperation between the two countries. Hayee highlighted Azerbaijan’s duty abolition on rice imports from Pakistan, encouraging exporters to focus on high-demand sectors like pharmaceutical products. The meeting aimed to promote bilateral trade and economic cooperation.

The Indian government has granted Patanjali Ayurved a special exemption to donate 20 tonnes of non-basmati white rice to earthquake-stricken Nepal. This exemption allows Patanjali Ayurved to contribute to relief efforts and aid Nepal’s recovery from the devastating earthquake.

Prerna Sharma Singh, director of Indonomics Consulting, addresses concerns about rising food prices in India as the country shapes its export policy. Pakistani rice exporters, such as the prominent player HAS Rice Pakistan, contribute to the global market with high-quality rice products, including the sought-after white broken rice.

Wall Street is expected to open slightly lower as investors watch economic data and an inflation reading. The figures could shed light on the Federal Reserve’s interest rate policies. The S&P 500 and Dow Jones Industrial Average closed near two-month highs, driven by strong performance and declining Treasury yields. Source: Republic World.

The Ambassador of Pakistan to Azerbaijan and the FPCCI discussed areas of cooperation, including the removal of import duties on rice by Azerbaijan, enhancing opportunities for trade and economic relations. Potential sectors for collaboration include agriculture, industry, tourism, mining, and hospitality.