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Imran khan Along with Army Chief reaches Washington.

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Pakistan Prime Minister Imran Khan on Saturday arrived in Washington for his three-day visit to meet President Donald Trump. This is the first time the two top generals are accompanying a prime minister in the White House.

While Mr Khan will hold talks with Trump on July 22, Qamar Javed Bajwa will meet defence Secretary Patrick M. Shanahan, the new chairman of Joint Chiefs of Staff Gen Mark Milley and other senior officials during his visit to Pentagon.

Mr Khan is expected to discuss Afghanistan and peace in the South Asian region during his upcoming meeting with Trump.

Mr Khan will stay at the residence of Pakistan’s Ambassador to the US.

In a bid to cut down on expenses, Mr Khan traveled through Qatar Airways on a commercial flight. He also made a stopover at in Doha, where he was hosted by Qatar Airways CEO Akbar Al Baker.

During his various engagements in Washington, the Prime Minister will outline his vision of “Naya Pakistan” and underscore the importance Pakistan attaches to a broader and multi-faceted relationship with the United States.

“PM Khan’s visit will also highlight Pakistan’s policy of “peaceful neighborhood” aimed at resolving disputes through dialogue and promoting the vision of peace, progress and prosperity in South Asia and beyond,” Mr Khan’s political party added.

The US-Pakistan relationship has been strained in recent times, especially after the US President struck down aid amounting to USD 1.3 billion to Pakistan last year. Washington had said that the aid would remain suspended until Islamabad takes steps against harboring terrorists on its soil.

In what is largely being seen as a move to appease Washington before the Khan-Trump meeting, Pakistan also arrested LeT chief Hafiz Saeed this week, sending him to seven days in judicial custody.

 

Business

For Tiwan & Korean firms Uttar Pradesh emerging as favoured investment hotspot.

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As foreign firms expressed intent to invest in UP in a big way, Yogi govt has decided to bring out ‘UP Electronic Manufacturing Policy – 2020’ in August 2020, which is aimed at developing the Electronics sector in all parts of the state.

In a significant milestone for Yogi govt, Electronics Manufacturing Sector has achieved the five-year target in just 3 years by garnering an investment of Rs 20,000 and about 3 lakh employment generation. Many companies from China, Taiwan and Korea are making a beeline to invest in the Electronics sector in Uttar Pradesh and some of those have already arrived in a big way. Recently, Samsung relocated its plant in India from China.

Under the stewardship of Yogi Adityanath, Uttar Pradesh is fast emerging as hotspot destination for multi-national companies mainly from China, Taiwan and Korea. Electronics Manufacturing sector is drawing maximum investment as many firms have shown keen interest in setting up their bases in the state.

”The target of Rs 20,000 crore of investment and employment of three lakh was set to achieve till 2022 but could be achieved two years in advance as as many as 30 investors were attracted by the policies of the government to invest in Electronics sector in the state till 2020,” Industrial Infrastructure and Industrial Development Commissioner (IIDC) Alok Tandon said.

He said, “the new ambience developed by the state government has resulted in Noida, Greater Noida and Yamuna Expressway area has a well-distinguished Electronics manufacturing hub where many units are coming up. We are receiving intents from several companies regularly as the Electronics Sector is beaming with the activities in the times to come.”

An Electronic Manufacturing Cluster (EMC), designated as TEGNA cluster, is also being set up in NCR where foreign companies like Oppo, 3 Indian companies and 4 Taiwanese companies are setting up their units with an expected investment of Rs 2000.

Buoyed by its success, Yogi government decided to bring out ‘UP Electronic Manufacturing Policy – 2020’ in August 2020, which aimed at developing the Electronics sector in all parts of the state. Uttar Pradesh government, in view of the successful investment scenario in the sector, has also upwardly revised the target to bring fresh investments of Rs 40,000 crore and further generate 4,00,000 employments in the next 5 years.

Under the 2020 policy, 3 Electronics Manufacturing Clusters – an Electronic City near Jewar Airport on Yamuna Expressway, Defense Electronics Manufacturing Cluster (DEMC) in Bundelkhand and a Medical Electronic Manufacturing Cluster in Lucknow-Unnao-Kanpur zone – have been proposed to be established.

Besides, in order to attract investors in establishing manufacturing industries in Bundelkhand and Purvanchal region, various financial incentives have been envisaged in the new policy.

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