Climate Change is a serious global threat and Pakistan has been ranked eighth on the list of countries most vulnerable to climate change by the German watch Global Climate Risk Index. According to a UK-based global risk consulting firm, Verisk Maplecroft, three…
Pakistan has struggled with scheduled and unscheduled power cuts for decades. Problem started becoming particularly chronic since 2005 due to rise in oil prices. Bill for oil import currently stands at $14 billion approximately. “Pakistan has been facing rising oil prices and…
The International Trade Committee of the European Union (EU) Parliament has approved the GSP plus status for Pakistan. The decision was passed after voting. This will now go and formally be granted by the European Parliament’s session that is to be…