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Uzbek envoy says Punjab has potential of $1b trade | The Express Tribune

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LAHORE:

In a press statement released on Wednesday, Ambassador of Uzbekistan Oybek Arif Usmanov expressed that the province of Punjab alone has the potential to reach a $1 billion trade volume with Uzbekistan. He stated that 60 to 70% of the combined mutual trade between the two countries involves Punjab.

These remarks were made during his address at the Lahore Chamber of Commerce and Industry (LCCI), where Trade and Economic Counsellor Bakhrom Yusupov, Honorary Counsel General Najeeb Mushtaq Vohra, LCCI Senior Vice President Zafar Mahmood Ch, Vice President Adnan Khalid Butt, and other officials were also present.

The ambassador highlighted a 50 to 60% increase in trade between Uzbekistan and Pakistan over the past four years, with bilateral trade volume rising from $300 to 400 million in the last year alone. He highlighted the potential for growth and regional connectivity between Central Asia and Pakistan.

A roadmap for industrial cooperation has been presented to the Pakistani government to enhance mutual investment and promote joint ventures in both countries. The ambassador noted the increasing interest of Pakistani companies in Uzbekistan, particularly in the electrical and agricultural machinery sectors.

Efforts from the Lahore Consulate, led by Honorary Counsellor Najeeb Mushtaq Vohra, have contributed to the growth in trade volume, the envoy acknowledged.

He stressed the need for research and development in various sectors such as cotton, garments, agriculture, chemicals, and textiles. An international forum will be held in Tashkent from May 2, 2024, and LCCI president and delegation members have been invited to participate. Additionally, LCCI members are encouraged to take part in a single-country exhibition in Tashkent from June 28 to 30 to showcase their products.

Transport companies from both countries have played a significant role in increasing trade volume, with driving permits increasing from 500 to 3000 this year. Furthermore, feasibility studies for the Pakistan, Uzbekistan, and Afghanistan Railway Project are expected to be finalized within two months.

LCCI President Kashif Anwar highlighted Uzbekistan’s importance in Central Asia and Pakistan’s “Vision Central Asia” Policy, aiming to strengthen bilateral cooperation across various sectors, as per the statement. He mentioned the $1 billion trade deal signed last year and expressed hope for its successful implementation. An array of agreements, including the Preferential Trade Agreement and Transit Trade Agreement, are expected to boost bilateral trade volume, with efforts to enhance trade ties in sectors like agriculture, pharmaceuticals, textiles, and renewable energy.

Published in The Express Tribune, April 4th, 2024.

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Pakistan

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

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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

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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.

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

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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

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