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PM reaffirms Pakistan’s support for Afghan-owned, Afghan-led peace process

ISLAMABAD: Caretaker Prime Minister Justice (retired) Nasir-ul-Mulk on Tuesday reassured Pakistan’s support for an Afghan-owned and Afghan-led peace process saying that there is no military solution to the conflict in Afghanistan. He said this while talking to Afghan Ambassador Dr Hazrat Omer Zakhilwal, who paid a courtesy call on him in Islamabad. Expressing satisfaction on the positive trajectory in the bilateral relations, the prime minister stressed the importance of building on the progress achieved, especially in…

Moody’s reaffirms Pakistan’s credit profile as B3 stable

ISLAMABAD: Moody’s Investor Service, one of the world’s most widely utilized credit rating agency, on May 18, 2018, reaffirmed Pakistan’s credit profile as B3 stable. The reaffirmation is based on the country’s strong growth performance and potential, a relatively large economy and the sustained reforms programme undertaken by the government in the last five years. Moody’s credit analysis also highlights the greater transparency which Pakistan has achieved in its economic field besides keeping inflationary pressure to…

PM reaffirms Pakistan’s desire to enhance economic cooperation with Iran

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Monday reaffirmed Pakistan’s desire to enhance mutually beneficial economic cooperation with Iran including bilateral trade, investments and commercial interaction. “In order to meet the bilateral trade target of five billion dollar by 2021, the two sides should work together in all the earnest,” he said while talking to Iranian Foreign Minister Jawad Zarif who called on him in Islamabad. Read More: Miftah reiterates continued economic cooperation with World Bank Shahid…

Pakistan reaffirms opposition to production of fissile material

ISLAMABAD: Pakistan has reaffirmed its opposition to a treaty banning production of fissile material used as fuel for nuclear weapons. Speaking during a United Nations panel's informal meeting, Pakistani delegate Yasar Ammar said such a move would have an adverse impact on strategic stability in South Asia. He emphasized that a universally acceptable Fissile Material Cut-off Treaty (FMCT) would have to avoid discrimination between the different nuclear weapon possessing states. Read More: Japan sends 331 kg of…