Latest news with #G2G
Business Recorder
19 hours ago
- Business
- Business Recorder
Projects to lure UAE investment near completion
ISLAMABAD: The government is giving final touches to the projects to be offered to the United Arab Emirates (UAE) government for investment purposes, amid confusion between SIFC and Pakistan's Embassy in the UAE, well-informed sources told Business Recorder. According to initial proposals, the government intends to offer ML-1(especially Karachi-Rohri) LNG power plants, Islamabad airport, Diamer Bhasha Dam (DBD) and Mohamad Dam and some projects related to Ministry of Climate Change. However, confusion exists on the issue of LNG power plants as the Pakistan Mission in UAE has expressed unawareness of any investment proposal for LNG projects to be shared with the UAE authorities. Pakistan Mission has requested Ministry of Foreign Affairs to approach Ministry of Energy to seek the status of these investment projects so that the Mission can take up the matter with the host authorities Meanwhile Prime Minister, Shehbaz Sharif has revised composition of Special Committee on UAE meant to pitch suitable projects for investment purposes. According to official notification, in pursuance of PMO's U.O of July 15, 2025 and on the basis of corrigendum of July 22, 2025, the Prime Minister has approved the revision in Committee for development of investment portfolio to attract investment from UAE Government and its entities. The Committee shall now comprise of following members: (i) Deputy Prime Minister – Chairperson;(ii) Federal Minister for Finance and Revenue-Member; (iii) Minister for Petroleum – Member; (iv) Federal Minister for Economic Affairs – Member; (v) Advisor to Prime Minister on Privatisation - Member; (vi) National Coordinator, Special Investment Facilitation Council (SIFC)- Member; (vii) Secretary Finance –Member; (viii) Secretary Power Division;(ix) Secretary, Petroleum Division; (x) Secretary, SIFC Division; (xi) Lt. Gen Anwar Ali Hyder, MD & CEO, Fauji Foundation and Chairman Fauji Group of Companies;(xii) Khursheed Zafar, Director General Finance AG Branch, GHQ ; and (xiii) Syed Bakhtyar Kazmi, Director Finance, Fauji Foundation. The Committee may co-opt members as per requirement. The Terms of Reference (ToRs) of the Committee shall be as follows: (i) undertake a comprehensive review of the existing portfolio of investment ready projects across key sectors, including energy, infrastructure, and privatization, with a view to identifying commercially viable and strategically aligned initiatives suitable for early engagement with the government of UAE under the G2G investment framework; and (ii) propose a prioritized list of early harvest projects, along with associated investment models, ensuring alignment with national development priorities and the strategic interests of the UAE. Copyright Business Recorder, 2025
Business Recorder
19-07-2025
- Business
- Business Recorder
G2G framework: Dar chairs meeting of Cabinet Committee
ISLAMABAD: Deputy Prime Minister/Foreign Minister, Senator Mohammad Ishaq Dar, chaired the meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions. The Committee considered G2G framework for the outsourcing of management and operations of Islamabad Airport. The committee after detailed discussions directed the Defence Division to re-submit the case for the consideration of the committee after seeking further details. The Committee also reviewed the railway project aimed at reducing congestion at KPT to facilitate movement of trade cargo. The Committee after thorough deliberations decided that the project should be financed through domestic resources. Copyright Business Recorder, 2025
Time of India
03-07-2025
- Sport
- Time of India
Kanwar Gill becomes 1st North Indian to earn International Super Randonneur title and plans Kashmir Kanyakumari ride
PATIALA: Endurance cyclist and practising advocate Kanwar Gurpreet Singh Gill, well known as Kanwar Gill, made history by becoming the first rider from North India and only the third in the country to earn the prestigious International Super Randonneur (SR) title. Tired of too many ads? go ad free now The achievement followed his completion of the 40th SR series, highlighting his status among India's most accomplished long-distance cyclists. Once an athlete and boxer in schooldays, Gill, now 45, who practises law at the Patiala district courts, began his cycling career at the age of 37. He has since established a record unmatched in Punjab and rare at the national level. His major accomplishments include completing 1,200 km LRM rides twice, 1,000 km LRM rides twice, conducting the first-ever Delhi–Mumbai (G2G) tandem ride in India, conquering the Manali–Leh route in just three days, and participating in the Paris–Brest–Paris (PBP) event—a 1,240-km race often referred to as the Mini Olympics of Cycling—in 2019 and finishing in 2023. Additionally, Gill accumulated over 175 brevets and 30 marathons, completed the first-ever Delhi–Kathmandu (C2C) tandem ride in India, achieved the first-ever five-day SR Series on tandem, and secured five SR titles on tandem, the highest in India. Last year, Gill qualified for the demanding Randonneurs 10,000 medal, which required completing an extraordinary combination of endurance rides: twice each of 200, 300, 400, 600, 1,000, and 1,200 km rides, as well as a 600-km brevet with over 8,000 metres of elevation and a 360-km flèche completed within 24 hours—all within four years. Gill, the first Punjabi to receive both R-5000 and R-10,000 medals, stated, 'During Covid year, I had to halt my passion but later again picked the pace. I was a best athlete and best boxer during completion of my school days but could not participate in National level athletics due to my exams and later I did not get platform to continue with sports. After nearly a gap of two decades, at the age of 37, I started with cycling to loose my weight but this endurance cycling sports turned into my passion' He shared his dedication: 'I get up at 4 am every day, and I haven't taken breaks for years. Tired of too many ads? go ad free now My wife has always supported me so I could focus on cycling while she takes care of our children. I have remained on natural died only.' Gill is widely credited with pioneering tandem cycling in India. His series of firsts has inspired numerous cyclists across the country to undertake ultra-endurance challenges. Having secured the International SR title, Gill is preparing for his next challenge: a solo ride spanning the length of India—from Kashmir to Kanyakumari. 'My next goal is to complete the Kashmir–Kanyakumari ride. I want to keep proving that age is no barrier when you have passion. I had already completed the Delhi – Bombay ride and Delhi – Kathmandu ride but I am keen about my next challenge to complete Kashmir – Kanyakumari ride,' he said. Gill completed his schooling at Punjab Public School, , and balances his rigorous training schedule with his professional life as an advocate. His story demonstrates discipline, resilience, and the belief that it is never too late to pursue extraordinary dreams.
The Star
13-06-2025
- Business
- The Star
BiH to seek bilateral trade talks with U.S.
SARAJEVO, June 13 (Xinhua) -- The Presidency of Bosnia and Herzegovina (BiH) decided on Friday to launch bilateral economic and trade consultations with the United States, in response to recent U.S. tariff measures. The initiative, introduced by Presidency member Denis Becirovic during an extraordinary session, calls for a flexible government-to-government (G2G) cooperation model, given the current improbability of formal free trade negotiations. The Council of Ministers has been tasked with submitting a letter of intent to the U.S. trade representative within 10 days and taking steps toward a potential G2G agreement. The proposal aims to remove non-tariff barriers, enhance institutional ties, and strengthen investment frameworks, in line with existing international obligations, particularly those with the European Union (EU). The Ministry of Foreign Trade and Economic Relations will analyze the U.S. policy's impact on BiH's external trade. No measures will be enacted before the analysis is complete. Officials underscored the strategic importance of the U.S. partnership for BiH's political and economic future. Economic analyst Igor Gavran criticized the U.S. tariff policy as "economic bullying," warning of long-term repercussions for BiH manufacturers linked to EU supply chains, especially in the automotive sector.
Time of India
04-06-2025
- Business
- Time of India
Now, CM's 150-day action plan aims to improve e-governance
Mumbai: After successful completion of the 100-day action plan, CM Devendra Fadnavis has now drafted a 150-day plan for providing result-oriented administration. The highlight of the new plan is to effectively link tehsils with Mantralaya and coordination among all departments, both vertically and horizontally. As per a govt resolution issued a few days ago, it is a comprehensive action plan for e-governance, which is expected to result in improvement in efficiency at all levels, and lists targets of govt-to-citizen (G2C) interactions, govt-to-business interactions (G2B), and govt-to-govt interactions (G2G) for departments. Under the G2C target, departments have been asked to provide as many services as possible to people through online portals, cutting down the need to visit govt offices and resulting in improved ease of living. All laws, rules, govt decisions and circulars should be put in the public domain, all services should be notified under the right to guarantee and made available on Aaple Sarkar, and decisions should be taken in a manner that they help the public, according to the plan, which also pushed for creation of a dashboard for supervision. The order said all G2B services should be made available under e-governance so that there is ease of doing business. It said all permissions required to start a business should be listed, the number of approvals should be reduced, unnecessary documents should not be asked for, FAQs should be drafted for all services, a full-fledged grievance redressal machinery must be set up, and a dashboard should be prepared. Under G2G, all efforts should be made to carefully study and analyse the current working systems, unnecessary ones should be removed, and all systems should be simplified. To improve efficiency, the existing procedures should be re-examined, and even manpower requirements and logistics should be evaluated, said the order. As per the plan, 15 key result areas will be enforced across govt offices at divisional, district and tehsil levels.
