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Tag Archives: agreement

Sri Lanka, Malaysia customs sign $200m MoU to create transport hub

COLOMBO: Sri Lanka and Malaysian customs signed agreement of  US $200 million to create a countrywide transport hub. The joint collaboration of both the countries is based on a platform of technology transfer and shared experience and expertise. This expertise offered by the Maju Group is based on a pro bono basis. The signing ceremony was also witnessed by former Malaysian Prime Minister ... Read More »

Korean cigarette tax rates to rise by $1.80 per packet

SEOUL: Two parties in Korea have agreed to increase the tax rates on cigarettes by 2, 000 won ($1.80) a packet which has became a trouble for the cigarette makers including all the cigarette consumers, anti-smoking and lawmakers. The decision is being a great offence for both the parties by the opposition. “We are taken aback,” one industry watcher said ... Read More »

Qatar, Algeria sign 15 pacts on trade and customs code

DOHA:  Algeria and Qatar signed 15 agreements including a bilateral trade agreement on mutual administrative assistance of the Customs Code and a memorandum of understanding relating to several sectors such as education, higher education, communication, tourism, sports, youth and fishing. An agreement for cooperation and exchange of information between the agency Algeria Press Service (APS) and his Qatari counterpart QNA ... Read More »

China to start 10,400 MW power projects in Pakistan

ISLAMABAD: China is starting 10,400 MW power generation projects in Pakistan and an agreement will be signed next month in this regard. Minister for Water and Power Khawaja Muhammad Asif said this while addressing a news conference. He said a Pakistani delegation will also visit China for completing work on the process of these projects, which include hydel, wind and ... Read More »