Road Transport Agreement between Pakistan & Russia
For the information of Trade English Version of Road Transport Agreement made on November 17, 2022 between Pakistan & Russia. As a courtesy, The PNC ICC, Karachi secretariat has arranged this English Translation of the Russia 🇷🇺 Pakistan 🇵🇰 Transport Agreement. Earlier by road transportation between Russia & Pakistan was phased by using internal agreements […]
Pakistan, Iran & Iraq Agree on Joint Pilgrim Travel Framework Starting 2026
ISLAMABAD – In a landmark step toward improving the pilgrimage experience, Pakistan’s Interior Minister Mohsin Naqvi announced that starting January 1, 2026, Pakistani pilgrims will only be permitted to travel to Iraq through officially registered group organisers. This change comes as part of a trilateral agreement between Pakistan, Iran, and Iraq to streamline pilgrim movement […]
MR. ATIF KHAN BABUKHEL visited IRT Chamber & signed MoU
Atif Khan Babukhel “Focal Person” of China Overseas Port Holding Company (COPHC) on 10 July 2025 visited Head Office at Karachi of International Road Transport IRT Chamber of Pakistan. Mr. Atif Khan Babukhel is Pakistan’s renowned Trade and Industrial Consultant. Since long he is associated with China Overseas Ports Holding Company (COPHC). Mr. Atif Khan […]
China vs USA: Who Will Rule the Future?
In the 21st century, global power dynamics are increasingly shaped by two dominant nations: the United States and China. As economic, technological, and geopolitical forces evolve, many wonder which of these global giants will lead the world in the decades to come. This blog offers a balanced exploration of the current standing of both nations […]
Pakistan Assumes Presidency of the UN Security Council: A Defining Moment Amid Kashmir Crisis and Rising Global Tensions
In a dramatic and closely watched development on the world stage, Pakistan has taken over the presidency of the United Nations Security Council (UNSC) for the month of July 2025. As the rotating head of the UN’s most powerful body, Islamabad steps into the global spotlight—not just to facilitate multilateral dialogue, but to potentially influence […]
The Golden Dome: America’s Bold Leap into Next-Gen Missile Defense
In a stunning move that has reignited global defense discussions, President Donald Trump unveiled the Golden Dome in January 2025 — a visionary and ambitious missile defense project designed to create a multi-layered shield over the United States. The Golden Dome aims to be the most comprehensive and technologically advanced missile defense system in history, […]
Pakistan Welcomes Court Ruling, Urges India to Restore Indus Waters Treaty
ISLAMABAD — Pakistan has welcomed the “Supplemental Award of Competence” issued by the Permanent Court of Arbitration (PCA) at The Hague in the Indus Waters case, which reinforces that India has no right to unilaterally suspend or hold the Indus Waters Treaty (IWT) in abeyance. In a statement released by the Foreign Office, the Government […]
Gwadar: Pakistan’s First Tax-Free and Weapon-Free City – A New Beginning?
In 2021, the Federal Board of Revenue (FBR) of Pakistan introduced a groundbreaking set of rules marking a significant milestone in the nation’s economic strategy. For the first time, Pakistan formally established a tax-free zone in the city of Gwadar, located in the southwestern province of Balochistan. This development not only designated Gwadar as Pakistan’s […]
NOMINATION OF FOCAL PERSON FOR REAL TIME GRIEVANCE
This is an official communication issued by the Government of Pakistan to support the implementation and facilitation of the TIR (Transports Internationaux Routiers) license framework. The document outlines the appointment of a dedicated focal person for real-time grievance redressal, aiming to assist transporters, traders, and TIR license holders in addressing cross-border trade issues efficiently. Open […]
Gwadar: Pakistan’s Aspirational “New Dubai”—Promise, Progress, and Challenges
Gwadar, a coastal city in the southwestern province of Balochistan, is often hailed as the “new Dubai” of Pakistan. This vision is rooted in its geostrategic location, vast development potential, and its role as the crown jewel of the China-Pakistan Economic Corridor (CPEC). While the comparison to Dubai reflects ambition and vision, it is crucial […]
Pakistan Announces 20% Hike in Defence Budget Amid India Tensions; Overall Federal Spending Cut by 7% for FY 2025–26
ISLAMABAD, June 10 – The Government of Pakistan has announced a significant 20% increase in defence spending for the fiscal year 2025–26 following recent military tensions with India. Simultaneously, the government has reduced overall federal expenditure by 7%, aligning with fiscal consolidation efforts under its ongoing agreement with the International Monetary Fund (IMF). Key Budget […]
