Premier Li visit indicative of importance China attaches to its ties with Pakistan

Premier Li visit indicative of importance China attaches to its ties with Pakistan A senior Chinese official said Thursday that inclusion of Pakistan in Chinese Premier Li Keqiang first foreign visit speaks of the importance China attaches to its multi-faceted relations with Islamabad. "Premier Li Keqiang has chosen Pakistan as country on his first overseas visit. It shows the importance that the Chiense government attaches to its relations with Pakistan", said Vice-Foreigh Min

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U.S.-funded dairy project boosts rural economy of Pakistan

U.S.-funded dairy project boosts rural economy of PakistanThe USAID Dairy Project has spurred growth in Pakistan’s rural economy by helping women farmers increase their incomes and improve their livelihoods. Realizing the pivotal role rural women play in Pakistan’s livestock sector, USAID is creating a pool of up to 5,000 locally-trained and readily-available female livestock extension workers to provide veterinary services and advice on the care and feedi

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India rice sales to fall on Vietnam, Pakistan supplies: IRRI

India rice sales to fall on Vietnam, Pakistan supplies: IRRI Rice exports from India, the world’s second-largest grower, are poised to slump from a record as supplies from Vietnam, Myanmar and Pakistan widen a global glut, according to the International Rice Research Institute (IRRI). “Shipments including the aromatic basmati variety may decline 32% to 7 million tons this year from 10.25 million tonne in 2012,” said Samarendu Mohanty, a senior economist with t

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Fertilizer sector invested $2.3 billion in 4 years

Fertilizer sector invested $2.3 billion in 4 yearsFertilizer sector has invested $2.3 billion in last 4 years making Pakistan self-sufficient in urea production and earned huge profit despite gas supply suspension for a long time. TRENDING DISCUSSIONS Industry circles said that with consistent gas supply to urea plants, the new government of the PML-N can ensure timely availability of this key farm input to farmers at the cost effective rates.I

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PASSCO purchases over 600,000 MT of wheat

PASSCO purchases over 600,000 MT of wheatPakistan Agriculture Storage and Services Corporation (PASSCO) purchased more than 600,000 metric tonnes (MT) wheat in the current season.Distribution of `Bardana’ (empty bags) continues at wheat procurement centres of PASSCO in various parts of the country under a fair and transparent policy, managing director Maj Gen Tauqeer Ahmed said on Thursday after visiting various wheat procurement centres.

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Cabinet signs MoU to link Gawadar with Xinjiang

Cabinet signs MoU to link Gawadar with XinjiangThe federal cabinet on Wednesday accorded approval to a landmark memorandum of understanding (MoU) between Pakistan and China for establishment of Pak-China Economic Corridor, paving the way for linking Gawadar port with Xinjiang and other western parts of China.The agreement is set to be officially signed upon the arrival of Chinese Prime Minister Li Keqiang in Pakistan on May 22. The Chinese pre

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Tokyo rubber futures fall

Tokyo rubber futures fallBenchmark Tokyo rubber futures fell about 2 percent on Tuesday on profit taking after five sessions of gains, while a halt in the yen's decline and caution over demand from China also weighed on prices that had risen to a two-month high. The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for October delivery settled at 287.6 yen ($2.8) per kg, down 6.4 yen from the previous close. The

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Black Sea grain yield to suffer if no rain soon

Black Sea grain yield to suffer if no rain soonDry weather in Russia and Ukraine is raising the risk of damage to Black Sea grain crop yields unless rains come in the next few days, analysts and forecasters said, adding to pressure on the region's plans to boost its harvest this year. Russia, Ukraine and Kazakhstan were hit by drought in 2012 which slashed their combined grain crop by one third to 130 million tonnes. They planned to harvest 14

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