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South Korea to enshrine nuclear non-proliferation pledge in law as it pursues nuclear-powered subs: report

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Proposed legislation outlines five basic principles for country’s nuclear-powered submarine project South Korea plans to introduce a special bill that would legally reaffirm its commitment not to develop or possess nuclear weapons while advancing its program to build nuclear-powered submarines, according to a Yonhap News Agency report on Tuesday citing government sources. The proposed legislation, … Read more

60-day oil stocks planned to avert crisis

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ISLAMABAD: The National Coordination and Management Council (NCMC) has given the directive to expedite work on building strategic crude oil reserves by inviting oil-producing countries to meet consumption needs for 60 days and address Pakistan’s energy-security concerns. The directive comes in the backdrop of US-Iran war that has triggered fears of a looming oil crisis. … Read more

Trump to host Netanyahu, Zelenskiy as Ukraine, Iran wars reach critical stages

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Relations with Zelenskiy warm while White House frustration mounts over stalled progress in Iran conflict United States President Donald Trump hosts Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskiy on Tuesday, with wars in Iran and Ukraine at critical stages and his ties with both leaders markedly different. Relations with Zelenskiy have warmed as Ukraine has blunted Russian advances, while Netanyahu arrives amid growing White House frustration over the lack of progress toward … Read more

Cabinet approves refining policy amendments to boost Euro-V fuel production

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PM Shehbaz warns against delays, orders Gulf roadshows to promote amended policy for brownfield refinery projects Prime Minister Shehbaz Sharif chairs a meeting of Cabinet Committee on Energy in Islamabad. PHOTO: PMO The Cabinet Committee on Energy on Tuesday approved amendments to the Pakistan Oil Refining Policy 2023 that will enable the modernisation of Pakistan’s … Read more

Iraq proposes strategic economic ties

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. KARACHI: Iraqi Consul General in Karachi Dr Maher Mjhid Jejan has called for transforming the longstanding brotherly relations between Pakistan and Iraq into a comprehensive strategic economic partnership by substantially expanding bilateral trade, investment, technology collaboration and cooperation in AI. He urged the Karachi Chamber of Commerce and Industry (KCCI) to lead trade delegations … Read more

Visa freeze hits exports, businesses

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[ Gulfood participation at risk as business community seeks diplomatic intervention ISLAMABAD: The United Arab Emirates (UAE) has reportedly frozen visa issuance for Pakistanis, hitting exports and disrupting international trade activities, business leaders have warned. Speaking on the issue, Ismail Suttar, Founder and Chairman of the Salt Manufacturers Association of Pakistan, said the UAE is … Read more