Tag: Trade

The Bank of China (BOC) opened its branch in Pakistan’s federal capital, Islamabad
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The Bank of China (BOC) opened its branch in Pakistan’s federal capital, Islamabad

The Bank of China (BOC), one of the world's leading financial institutions, has taken a significant step in enhancing its global presence by opening a branch in Pakistan's federal capital, Islamabad. This strategic move highlights the strengthening economic ties between China and Pakistan. And signifies the potential for increased investment and trade between the two nations. A Strategic Milestone for China-Pakistan Relations The inauguration of the Bank of China's branch in Islamabad marks a strategic milestone in the long-standing friendship between China and Pakistan. The establishment of this branch signifies the deepening economic cooperation between the two countries. It also reinforces China's commitment to investing in Pakistan's growing economy. Pakistan's strategic loca...
Cheap Russian Crude oil arrives at Karachi port
Business, Pakistan

Cheap Russian Crude oil arrives at Karachi port

In an exciting development for the energy sector, the bustling port of Karachi welcomed a shipment of cost-effective Russian crude oil. This marked a significant milestone for the country's oil industry. The arrival of this affordable commodity has sparked renewed hope. Pakistan is seeking to diversify its energy sources and boost its economic growth. The tanker carrying the Russian crude oil docked at Karachi port on 11 June. This is the culmination of extensive negotiations between Pakistani and Russian authorities. This milestone deal is set to strengthen bilateral ties between the two nations. It will offer new prospects for Pakistan's energy landscape. The arrival of cheap Russian crude oil comes at a crucial time. Pakistan is actively seeking alternative energy sources to redu...