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Gwadar Port to Handle 50% Imports

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Islamabad (TDI): The Ministry of Maritime Affairs’ proposal to require all government agencies to route 50% of their imports, including wheat, sugar, and fertilizer, through Gwadar Port was approved by the federal cabinet on Thursday.

Hence Pime Minister Shehbaz Sharif has already issued orders to expand Gwadar port operations.

He further ordered the Gwadar Port to be the guaranteed route for 50% of all imports into the public sector.

Additionally, the cabinet directed that future exports from the Gwadar Port be increased in quantity.

To report to the cabinet on imports and exports via Gwadar Port on a quarterly basis, a subcommittee will be established.

The Memorandum of Understanding between Pakistan and Sri Lanka for the issuing of a commemorative postal stamp to honor the 75th anniversary of diplomatic relations between the two nations was authorized by the cabinet on the suggestion of the Ministry of Communications.

Also read: Deal to Boost Gwadar-Turkmenbashi Trade

A report on sugar exports from the Cabinet Committee was given by the Ministry of Industries and Production.

The government expressed satisfaction that sugarcane farmers were fairly compensated for their labors and that the country earned substantial foreign cash as a result of a well-timed choice to export sugar. Sugar prices also remained consistent.

The Ministry of Maritime Affairs’ recommendation was accepted by the cabinet, which also authorized the reorganization of the Karachi-based Korangi Fish Harbour Authority’s board of directors.

On such government boards, the cabinet directed that representation from all provinces be provided. The Cabinet further ordered that any government-owned businesses with unfinished boards be completed as soon as possible.

The cabinet confirmed Muhammad Yaqoob’s nomination as the Federal Inspector Drug Balochistan, based on the Ministry of National Health Services’ recommendation. Yaqoob is an assistant director of the Drug Regulatory Authority of Pakistan.

Also read: Pakistan, UAE Review MoUs Progress

A similar modification to the October 30, 2013, Cabinet resolution pertaining to the appointment of Planning Commission members from the open market was also authorized by the federal cabinet on the advice of the Planning Ministry.

This amendment would replace the Management Pay Scale with the Special Professional Pay Scale-II (SPPS-II) for setting the salaries of Planning Commission members.

Moreover, the Special Professional Pay Scale-I (SPPS-I) was approved by the cabinet to be used for the Chief Economist of the Planning Commission’s compensation, to be chosen through open competition.

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