PID

PR No.27
Islamabad: August 03, 2023

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT), today. Federal Minister for Maritime Affairs Syed Faisal Ali Subzwari, Federal Minister for Power Mr. Khurram Dastgir Khan, SAPM on Finance Mr. Tariq Bajwa, SAPM Revenue Mr. Tariq Mehmood Pahsa, Secretary Maritime Affairs, Secretary Law & Justice, Special Secretary Finance, Chairman KPT and his team and other senior Govt officers attended the meeting. The CCoIGCT considered a summary of Ministry of Maritime Affairs regarding Commercial Agreement between AD Ports UAE and KPT for Out-sourcing of the operations of Bulk and General Cargo East Wharf Karachi Port. The CCoIGCT after discussion approved the Price Discovery Mechanism in the light of discussion and constituted a committee to negotiate and frame a commercial agreement to be signed between the nominated agencies of the UAE and Pakistan for the development of Bulk and General Cargo Terminal at West Wharf, Karachi Port.

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GOVERNMENT OF PAKISTAN PRESS INFORMATION DEPARTMENT

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PR No.27 Islamabad: August 03, 2023

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PR No.27
Islamabad: August 03, 2023