General

MG All Set to Launch Locally Assembled Vehicles in Pakistan

MG Pakistan invited ProPakistani on a formal tour of its production facility in Lahore earlier this week where they gave a thorough tour of their local assembly line.They showed important sections of the facility including the welding section, assembly…

General

Pakistan Reluctant to Abolish Death Penalty Despite EU’s Pressure

Pakistan has declined to ratify the ‘stringent terms’ of the European Union (EU), including the abrogation of the death penalty, for the extension of the new Generalized Scheme of Preferences Plus (GSP+) status for 2024 on account of “legal and politic…

General

PM Says July LNG Tender Was Scrapped to Preserve Forex Reserves

Pakistan didn’t go ahead with the July LNG tender of $39.8 per MMBtu in order to preserve its forex reserves.According to Prime Minister Shahbaz Sharif, accepting the tender would have finished off the low level of reserves. He made these remarks while…