06 February 2005	Sunday	26 Zilhaj 1425

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Many exhibitors get business inquiries: Expo Pakistan 2005 KARACHI, Feb 5: The Expo 2005 exhibits a wide range of Pakistani industrial and consumer goods but offers no entertainment or any pleasant diversion. ...		Next exhibition to include services KARACHI, Feb 5: Senate Chairman Mohammadmian Soomro on Saturday said that next Expo Pakistan would also include display of services, including banks to facilitate joint ventures. He was talking to reporters during his visit to Expo Pakistan 2005 at the Karachi Expo Centre. ...
Iraq wants increased trade with Pakistan KARACHI, Feb 5: Baghdad Chamber of Commerce President Al-Haj Mohammad Hasan Al-Qazaz on Saturday underlined the need for exchange of businessmen delegations between Pakistan and Iraq to promote trade and joint ventures. ...		Kabul seeks withdrawal of cess on ATT goods ISLAMABAD, Feb 5: The Afghan government has asked Islamabad to direct the Sindh government to withdraw the suspended levy of infrastructure cess on goods imported under Afghan Transit Trade (ATT). ...
EC not to send team to confirm dumping KARACHI, Feb 5: The European Commission (EC) will not send its investigation team for the review and physical verification of eight selected companies to determine whether exporters were dumping their products in the European Union market or not. ...		KCCI signs MoU with Turkish trade body KARACHI, Feb 5: The Karachi Chamber of Commerce and Industry (KCCI) here on Saturday singed a memorandum of understanding (MoU) with the Young Industrialists and Business Association (GESIAD) of Kayseri, Turkey. ...
POL price increase criticized KARACHI, Feb 5: Industry and exporters have expressed their concern over the rapid rise in POL and gas prices, saying the increase is adding to the cost of production and making Pakistani products uncompetitive in the world market. ...		Bond index launched KARACHI, Feb 5: Jahangir Siddiqui & Company Limited (JSCL) has launched Pakistan's first bond index which will provide benchmark to fund managers to evaluate their funds performance. ...
Drawback rates on 24 items reduced ISLAMABAD, Feb 5: The Central Board of Revenue (CBR) has reduced the rates of duty drawback on export of around 24 kinds of items. ...		New products good for economy KARACHI, Feb 5: Senate Chairman Mohammedmian Soomro has said any time a new product is marketed or a development takes place in the country it brings good advantages to people by way of creation of various opportunities for them. ...
Govt may cut taxes to check smuggling ISLAMABAD, Feb 5: The Central Board of Revenue (CBR) is considering a proposal to further scale down the rates of duty and taxes on the smuggled prone items during the upcoming budget of 2005-06. ...		G7 willing to give full debt relief: World's poorest nations LONDON, Feb 5: The Group of Seven industrialized countries broke new ground here on Saturday as they for the first time expressed readiness in a formal statement to provide 100 per cent debt relief for the world's poorest nations. ...