Pakistan and Russia have signed an MoU to boost their cooperation in the railway sector, creating opportunities for joint ventures and technology transfer. This collaboration will improve Pakistan’s railway network, enhance regional trade and connectivity, and promote economic growth.

Prince Rahim Aga Khan is honored with the Nishan-i-Pakistan award for his outstanding contributions to Pakistan’s development. His leadership in the Aga Khan Development Network has uplifted underprivileged communities, provided financial services to millions, and championed environmental stewardship. A true inspiration for a better future.

Traders and stakeholders at the Global Rice Conference in Hyderabad are urging for the lifting of India’s ban on broken rice exports, claiming it has allowed Myanmar to gain an edge in the market. Indian Rice Exporters Federation president, Prem Garg, believes ending the ban would benefit traders, exporters, and farmers.

Pakistan actively participates in World Food Safety Day, recognizing the concerns over poor-quality food. With reports highlighting the prevalence of contaminated food, urgent action is needed to address these issues. Efforts by the Punjab Food Authority aim to control the situation and ensure safe and clean food for citizens. (50 words)

Kenya has approved the release of 1,300 containers of Pakistani rice thanks to the proactive intervention of Pakistan’s Federal Minister for Commerce, Jam Kamal Khan. This resolution strengthens economic ties between the two countries and promotes bilateral trade and mutual growth. Source: pkrevenue.com.

Pakistan’s benchmark stock index experienced a slight decline of 0.15% due to concerns about tax hikes following the government’s announcement of the annual budget date. The delay in presenting the budget comes as Islamabad is in discussions with the IMF regarding a potential loan. The CEO of Topline Securities mentioned that banks and high-net-worth individuals-led corporations may be able to decrease their tax liability. Despite the recent decline, the KSE 100 index has shown significant growth in the past year.

The Intellectual Property Organization of Pakistan (IPO-Pakistan) held a meeting to strengthen coordination and cooperation among stakeholders in enforcing intellectual property rights, emphasizing the importance of collective efforts in promoting innovation and economic growth.

The Pakistani government is implementing a national firewall to exert greater control over social media by blocking undesirable content. The firewall will inspect information from different IP addresses to locate propaganda sources and prevent its spread. Major platforms like Facebook, YouTube, and Twitter will be subject to content filtering.

In a major relief for rice exporters, the Kenyan government has cleared 1,300 containers of Pakistani rice stuck at Mombasa port at zero-tariff rates. This decision aims to support exporters facing financial hardships and strengthen trade relations between Pakistan and Kenya.

Pakistan’s rice exports have surged by 15% in H1 2021, worth $1.2 billion, due to the high demand for quality Pakistani rice. Competitive pricing, well-established infrastructure, and a wide range of rice varieties have made Pakistan a preferred choice in the global rice market.