ISLAMABAD, July 25: The government expects major investments from European car manufacturers including Renault, Volkswagon and London’s Black-Cab in response to its new auto policy that will break the "monopolistic culture" being followed by the Japanese auto firms.
Informed sources told Dawn that the "Auto Industry Investment Policy - New Entrants in the Car and Light Commercial Vehicle Sector" has been designed to do away with the distortion in the market created by the Japanese auto firms. "The industry has developed a monopolistic culture, is averse to fair competition and jealously guards against any attempt by a new player wishing to enter the market, despite a large demand-supply gap creating distortions in the market," writes the ministry of industries and production.
It says that the auto industry in Pakistan and car and light commercial vehicle sector was dominated by the Japanese companies "which follow similar policies on manufacturing, introduction of models, technology and prices". [...]
Tuesday, July 25, 2006
Pakistan 'building new reactor'
A nuclear monitoring institute in the United States has published satellite images of what it says is a new nuclear reactor being built in Pakistan. The Institute for Science and International Security (Isis) said that it could produce enough plutonium to make 40 to 50 nuclear weapons a year. Pakistan's foreign ministry refused to comment on the charges, saying the Khushab nuclear site was well known.
A spokeswoman said that Pakistan was not pursuing any kind of arms race. The BBC's Barbara Plett in Islamabad says Pakistan is unhappy about Washington's recent agreement to share civilian nuclear technology with India. She says, contrary to the foreign ministry statement, analysts in Islamabad have warned that unless Pakistan gets a similar deal, or there is a policy of regional disarmament, conditions for a new arms race could be created. [...]
A spokeswoman said that Pakistan was not pursuing any kind of arms race. The BBC's Barbara Plett in Islamabad says Pakistan is unhappy about Washington's recent agreement to share civilian nuclear technology with India. She says, contrary to the foreign ministry statement, analysts in Islamabad have warned that unless Pakistan gets a similar deal, or there is a policy of regional disarmament, conditions for a new arms race could be created. [...]
Polish diplomat ‘feels like a Karachiite’
KARACHI: A western diplomat extolling the virtues of Karachi — considered by many of its own citizens a city of turmoil — should be music to many an ear. But Polish envoy does exactly that.
Serving as Poland’s consul general in Karachi since 2004, Ireneusz Makles has come to appreciate Pakistani food, especially the barbecued chicken at Karachi’s Lal Qila and BBQ Tonight. “Karachi is a very safe city despite western media’s illustration of it as a dangerous city.”
“I like Karachi very much,” said a very friendly envoy representing the European Union’s sixth largest member country in Pakistan’s commercial capital. “I am impressed with Karachiites. They are very generous, friendly, open-hearted, reliable and very hospitable.” [...]
Serving as Poland’s consul general in Karachi since 2004, Ireneusz Makles has come to appreciate Pakistani food, especially the barbecued chicken at Karachi’s Lal Qila and BBQ Tonight. “Karachi is a very safe city despite western media’s illustration of it as a dangerous city.”
“I like Karachi very much,” said a very friendly envoy representing the European Union’s sixth largest member country in Pakistan’s commercial capital. “I am impressed with Karachiites. They are very generous, friendly, open-hearted, reliable and very hospitable.” [...]
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