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Pak-Iran bilateral trade can be increased up to $ 5b: Iranian envoy – Pakistan Observer

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6 مہینے ago

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Ambassador of Iran to Pakistan, Dr . Reza Amiri Moghadam has said that due to strong economic and trade integration between Pakistan and Iran, bilateral trade can be increased up to $ 5 billion a year in the coming few years.

There is a strong possibility of doubling the bilateral trade between the two countries through air, rail and maritime integration, which will prove to be a catalyst in regional and global trade as well, he said while addressing the business community in Islamabad. The Ambassador said that Pakistan and Iran were geo-strategically very important countries located at the junction of Middle East, South Asia and Central Asia. Therefore, the land and sea integration of both countries is of great importance in the world of Geo- economy, said a press release issued, he said.

The Iranian envoy said that in order to further improve transit trade between Pakistan and Iran, 12 border trade markets had been opened, in which 6 border markets had been completed and others are in progress, which would usher in a new era of economic integration in both countries.

He said that Gwadar and Chabahar were very important in maritime trade ties, so both countries should declare both ports as coastal sister ports so that mutual economic development can be achieved jointly. Dr . Reza Amiri Moghadam said that both countries were members of major forums like Shanghai Cooperation Organization (SCO), ECO and D-8 in which it was very easy to work on common economic goals.

He said that both China Pakistan Economic Corridor (CPEC) and BRI mega projects were extremely important for Pakistan and Iran, which can stabilize the economic relations between the two countries. The Iranian envoy said that the two mega projects were not only in the interest of both countries and bilateral cooperation is of utmost importance, which can bring prosperity to the region.

He said that in the same way North, South and Corridor and East, West were also very important in regional and global trade, which increases the possibility of connecting the global supply chain of both countries.

He said that currently, the world was being economically connected through different Economic Corridors, therefore these corridors were important for the economy of both countries.

The Ambassador said that the transportation and logistics sector was very important for both countries, which was important in the cost of business, on which both sides need to work.

Dr Reza Amiri Moghadam said that the current volume of bilateral trade between the two countries was $2.5billion, which had been continuously increasing since last year, in which there was a potential of $5 billion.—APP

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Pakistan

Honda CD70 Dream Latest Price, Installment Plans – Sep 2024 Update – Pakistan Observer

Published

17 گھنٹے ago

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ستمبر 20, 2024

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Honda remains leader in bikes market, with its top-selling units like CD 70, and that’s without making any major changes as the entry-level bikes look almost same for a long time. As the CD-70 remains its most selling model, bikes like the CD-70 Dream and Pridor are considered a niche products.

Despite failing to achieve top sales, CD 70 Dream is still in the market, featuring air-cooled, 4-stroke engine that delivers smooth performance and impressive fuel economy, often averaging around 60-70 km/l, making it ideal for daily commuting.

The bike looks better with stylish and modern design with attractive graphics, as compared to simple CD70. People also like its comfort as built quality remains optimum, comparing to other players.

Its pricing makes it accessible to a wide audience, including students and working professionals, solidifying its status as a favorite among motorcycle enthusiasts in Pakistan.

As bikes prices remain out of hands, people are having hard time to upgrade their ride while companies also face low sales.

Honda CD 70 Dream Price

The price of Honda CD70 Dream is Rs168,900 in September 2024.

Honda CD 70 Dream Installments

Installment Plans Monthly Payments 
3 months Rs56,300
6 months Rs28,300
9 months Rs21,890
12 months Rs17,200
24 months Rs10,170
36 months Rs7,800

 

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Check Property Ownership in Lahore, other Punjab cities Online – Pakistan Observer

Published

18 گھنٹے ago

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ستمبر 20, 2024

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If you live in Lahore or any other city in Punjab; you might have faced difficulties in getting land record in previous years, but now the government made the land verification process smooth with digitization.

To curb the menace of land mafia and to help residents of Punjab, the government rolled out a systematic process and also eased the process of property transfers and real estate transactions.

A new verification system is Live by provincial authorities to check the legitimacy of properties available for purchase or investment across the region of 110 million people.

The relevant authority in this regard is Punjab Land Record Authority which oversees management and maintenance of land records. You can get different services, including ability to search for and view land records, as well as request copies of documents.

Check Property Ownership Online 2024

Here’s Step by Step Guide To Check property ownership

Step 1: Please visit PLRA portal at Punjab-zameen.gov.pk.

Step 2: Find ‘Property Registration,’ on home and click on https://rodportal.punjab-zameen.gov.pk/.

Step 3: It will ask you to select your district and service center.

Step 4: You can search by different options including Bahi number, ID card, registration number, or by person name.

Step 5: After entering details, please advance to ‘Search’ to get the land ownership.

With latest updates, you can check data on number of property transfers in last 36 months.

Beware of These Illegal Housing Societies in Lahore – September 2024 Update

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Pakistan

Suzuki Bolan discontinued in Pakistan after 36 years; Here’s replacement for ‘Carry Dabba’ – Pakistan Observer

Published

19 گھنٹے ago

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ستمبر 20, 2024

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LAHORE – Finally, it’s time to say goodbye to the iconic Suzuki Bolan as Pak Suzuki pulled plugs to replace the minivan with another model. Over the last 3.5 decades, Suzuki Bolan enjoyed decent sales and was valued for its flexibility, serving a multi-passenger vehicle and for commercial purposes.

Amid shift in auto landscape in Pakistan, Bolan becomes latest drive to be discontinued after Suzuki Mehran, which you can still spot.

Pictures of Suzuki Bolan’s last batch surfaced online, and Pakistanis hit nostalgia as many grew up in this vehicle. The final chassis number marked as 01151691. The country’s oldest automaker and maker of Bolan also confirmed discontinuation of the 800cc Carry Dabba.

The company decided to replace Bolan for its outdated design and lack of safety features. Amid its low sales, consumer demand for a modern replacement like Changan Karvaan increased.

Suzuki Every to Replace Bolan

Suzuki earlier mentioned that Every will replace Bolan, and one of its recent model was unveiled at a recent auto show.

The launch of Every models faced delays due to import challenges and it is expected to launch in mid October.

Suzuki Bolan Price in Pakistan

 

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Pakistan

Gold prices reach historic high in Pakistan – Pakistan Observer

Published

20 گھنٹے ago

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ستمبر 20, 2024

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