LDA CRACKS DOWn On LAnD-mAFIA; SEIzES mILLIOnS WORTh OF pROpERTIES

LAHORE SHAHAB OMER

THEofficials from the Lahore Development Authority (LDA) conducted a successful operation, reclaiming valuable assets worth millions of rupees from the clutches of the mafia whereas the operation targeted petrol pump sites and shops that had been unlawfully occupied and neglected by the mafia, Profit learnt here on Saturday.

EFU General Insurance Limited, has been recognized for its outstanding achievements in the field of corporate social responsibility (CSR). The company was awarded by the CSR Award 2023 by the National Forum for Environment and Health (NFEH) in recognition of its commitment and dedication towards the development of local communities and the creation of a sustainable future.

EFU General’s CSR initiatives reflect the company’s values and commitment to promoting social responsibility. The company’s efforts towards education, health and the environment have been recognized and appreciated by various other stakeholders, which is a testimony to its dedication towards a sustainable development. PR

ICT Police hold road safety workshop for school students

IslAmAbAd: Islamabad capital police is striving to minimize the road accidents ratio by educating road users and ensuring strict implementation of traffic rules on roads.It was mentioned by education wing Sub Inspector Muhammad

Shafique Bajwa addressing in the concluding ceremony of one day road safety education workshop organized by Islamabad capital police education wing with the Cooperation of Road Safety Council of Pakistan at Al farabi Islamic School and Colleges, a police public relations officer said.He said that approximately 250 students and staff members participated in the workshop. The School administration appreciated the efforts of Islamabad capital police in maintaining traffic discipline in the federal capital.The special message of Chief Traffic Officer Islamabad Dr. Syed Mustafa Tanweer was also quoted on the occasion that valuable lives of citizens can be saved by obeying traffic rules. PR

Services of late Hakim Said for Pakistanis eulogized

KARACHI: Hamdard Foundation Pakistan president Ms Sadia Rashid has said that Shaheed Hakim Mohammad Said loved children who also loved him very much, as he wanted to lead them to modern education and it was his first wish to create a best literature for the children of the nation which could train them religiously, culturally and morally besides making them as good human beings.This she said while addressing the Hamdard Naunehal Assembly organized by Hamdard Foundation Pakistan, with the title of 70-year historical journey of the monthly Hamdard Naunehal magazine (1953 to 2023) and its importance in the present era, held at Naimat Begum Hamdard University General Hospital in Nazimabad. For love with children and their capacity building, Hakim Said started publishing Humdard Naunehal magazine in 1953 in order to develop children's moral training, character development and interest in studying, and this magzaine is still being published. Ms Sadia said that the written capital left by Hakim Sahib for adults and children in the academic field is a part of historical literature. PR

The spokesperson of LDA informed this scribe that the LDA officials, supported by a dedicated team, executed the operation with precision and efficiency.

“Their primary focus was a threecanal plot housing a petrol pump site in Main College Road Township. This particular property had been leased out but suffered from persistent non-payment of dues. The LDA seized the site and repossessed it, ending the mafia’s unlawful hold over the valuable piece of land”.

“This petrol pump site had long been embroiled in legal battles due to continuous defaulting on lease payments. However, acting upon the directives issued by

Pak-China FTA2 key to revive denominated seafood catch

ISLAMABAD STAFF REPORT

Pak-China FTA2 is important one to implement as a priority to revive denominated seafood catch, say economic experts.

A meeting between the General Administration of China Customs and the Trade Development Authority of Pakistan (TDAP) held early this month to review the two clauses of FTA1, i.e., the addition of neglected Harmonized System (HS) Codes for a variety of seafood in fresh, frozen, or processed form, and Second to entertain Pakistani imports to China as duty-free as Association of Southeast Asian Nations (ASEAN) are allowed to do there.

The absence of HS codes is eclipsing Pakistani seafood exports and depriving the country of a great market share. With the activation of FTA2, Pakistani seafood export will soar, Said Vice Chairman of Pakistan Fisheries Exporters Association, Karachi, Mian Saeed Fareed while talking with Faiza

Tehseen, reporter to WealthPK.

Furthermore, he said that the Ministry of Commerce, Pakistan also neglected to add the HS codes of a variety of seafood items that were usually exported from here, i.e., ribbon fish, cuttlefish, squid, a few shells, and shrimp species.so, we emphasized making them a part of FTA2. Overall fisheries exports from Pakistan are about 400 million dollars per annum. I am in the seafood export business since 2004. I export multiple types of both fresh and frozen seafood items.

My specialty is in the export of crabs and shells. I export shrimp mostly to China, and Middle Eastern countries, while Crocker and crabs are my main exports to Thailand, Vietnam, South Korea, etc. Other mix catches are exported to other countries as per demand. It is very important for our policymakers to add a variety of names with properly issued titles and HS codes to make Pakistani fisheries export versatile. It is important to boost the trade and business related to this sector.

Discussing the trade relief provided to ASEAN members on their imports to China, he said that we demanded the same privilege on our imports there. Imports from ASEAN countries in China are duty-free while Pakistani imports there are having duty charges. It increases the cost of imports from Pakistan and prices as well.

Although many aspects concerning FTA2 are still a subject to be discussed, the core ones were the two discussed above. China must support Pakistan being its neighbor and all times friend.

FTA2 is signed, and submitted to the Ministry of Commerce of Pakistan. It is not in operation yet but is expected soon. China is the main market destination to export Pakistani aquatic catch. If China coordinates properly, it will benefit both countries in the longer run. It will also help boost the exports and Pakistani fisheries sector, added Mian Saeed the Chief Executive Officer (CEO) of Legend International private limited, Karachi.