PM Shehbaz arrives in Uzbekistan on 2-day visit to boost bilateral ties

Prime Minister Shehbaz Sharif arrived in Uzbekistan on Tuesday on a two-day official visit to enhance bilateral relations with the Central Asian country. Pakistan and Uzbekistan have strengthened ties through trade and economic cooperation. A $1 billion trade deal was signed in 2023, and plans for further collaboration, including a roadmap for industrial cooperation, show […]

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Nepal says seven more US-funded projects paused after Trump order

Nepal said on Monday seven more projects funded by the United States have been put on hold after President Donald Trump suspended foreign development assistance. President Donald Trump ordered a 90-day pause in US foreign development assistance on the day he returned to the White House, pending assessments of efficiency and consistency with US foreign […]

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Pakistan-Bangladesh resume direct trade, first since 1971

Pakistan and Bangladesh have resumed direct government-to-government trade for the first time since the 1971 war of liberation. Express News reported on Saturday (February 22) that the first consignment of government-approved goods has now set sail from Pakistan’s Port Qasim. This is being seen as a historic step for the trade relations between the two […]

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Afghanistan, Uzbekistan Seek to Expand Cooperation on Key Projects

On the first day of his visit to Uzbekistan, Mullah Abdul Ghani Baradar, the deputy prime minister for economic affairs, met with Uzbekistan’s deputy prime minister to discuss strengthening trade and transit relations, as well as the establishment of joint trade zones. During the meeting, Mullah Baradar emphasized the urgent commencement of the Trans-Afghan project […]

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Bangladesh to import 100,000 tonnes of white rice from Vietnam

Bangladesh is one of South Asia’s largest rice producers. However, the country still needs to import rice at certain times to balance supply and demand. In 2023, Bangladesh imported nearly two million tonnes of rice from countries including India, Thailand, Vietnam, and Myanmar. Bangladesh has signed a contract to import 100,000 tonnes of white rice […]

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Bhutan’s new inland waterway terminal to boost trade with Bangladesh and India

The terminal, part of India’s effort to enhance National Waterway 2 on the Brahmaputra, is a major cargo and river tourism hub. With the inauguration of the Jogighopa Inland Water Transport (IWT) terminal on the Brahmaputra River in Assam, India, Bhutan has access to a new riverine trade hub that will boost its trade with […]

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Trump criticises USAID funding for India, sparks diplomatic tensions

US President Donald Trump has criticised the United States Agency for International Development (USAID) for allegedly allocating funds to interfere in India’s electoral process, questioning why American taxpayers’ money was being sent to the country. Speaking at the Conservative Political Action Conference (CPAC) in Washington on Sunday, President Trump alleged that India already benefits from […]

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Almost 90% of Japanese companies see Trump as bad for business: Survey

Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign yet of mounting worry in the United States’ top foreign direct investor. The results of the survey show how the prospect of higher tariffs and increased trade friction between […]

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Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

Sri Lanka has clarified that it is not looking to renegotiate the controversial power deal with Indian energy giant Adani Group, despite rising concerns over the terms of the agreement. A senior official from Sri Lanka’s Energy Ministry made the statement, reaffirming the government’s stance on the deal, which has been a topic of heated […]

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Chinese bubble tea chain Mixue aims to raise $443 million in Hong Kong IPO

China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made on Friday. The company is selling 17.1 million shares at a fixed price of HK$202.5 each, the filings showed. Bookbuilding for the IPO starts on […]

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