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Ministry Of Commerce And Textile Industry
The Ministry of Commerce ( ur, ); abbreviated as MoCom), is a Cabinet-level ministry of the Government of Pakistan concerned with economic growth and commerce development and promotion in Pakistan. The administrative head of the ministry is the Commerce Secretary of Pakistan. The political head, Minister of Commerce, is required to be the member of Parliament. Departments State Life Insurance Corporation State Life Insurance Corporation of Pakistan in the state owned life insurance company. It was formed in 1972 when life insurance business in Pakistan was nationalized and 32 life insurance companies were merged and consolidated. Trading Corporation of Pakistan Trading Corporation of Pakistan (TCP) is the principal trading arm of the Government of Pakistan. Established as an international trading house in 1967, the Corporation has gradually moved from barter, through commodity exchange to cash trade. TCP undertakes import of essential commodities to help ensure their ...
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Government Of Pakistan
The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provinces, two autonomous territories, and one federal territory of a Parliamentary democracy, parliamentary democratic Parliamentary republic, republic, constitutionally called the Pakistan, Islamic Republic of Pakistan. Effecting the Westminster system for governing the state, the government is mainly composed of the Executive branch, executive, Legislative branch, legislative, and Judicial branch, judicial branches, in which all powers are vested by the Constitution of Pakistan, Constitution in the Parliament of Pakistan, Parliament, the Prime Minister of Pakistan, Prime Minister and the Supreme Court of Pakistan, Supreme Court. The powers and duties of these branches are further defined by acts and amendments of the Parliament, including the ...
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Cold Chain
A cold chain is a low temperature-controlled supply chain network. An unbroken cold chain is an uninterrupted series of refrigerated production, storage and distribution activities, along with associated equipment and logistics, which maintain quality via a desired low-temperature range. It is used to preserve and to extend and ensure the shelf life of products, such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical products. Such products, during transport and end-use when in transient storage, are sometimes called cool cargo. Unlike other goods or merchandise, cold chain goods are perishable and always en-route towards end use or destination, even when held temporarily in cold stores and hence commonly referred to as "cargo" during its entire logistics cycle. Adequate cold storage, in particular, can be crucial to prevent quantitative and qualitative food losses. History Mobile refrigeration with ice from the ice trade began ...
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Trading Corporation Of Pakistan
The Trading Corporation of Pakistan (TCP) ( ur, ) is a Pakistani state-owned commodity trading company, mainly responsible for export and import of commodities. It also issues tenders for export and import of agricultural products. TCP has its offices across various cities of the country including Karachi, Islamabad, Lahore and Multan. Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan. The Corporation has gone through substantial change over the years in its role from barter to commodity exchange arrangement and to trade in line with free market economy approach adopted by the Government of Pakistan. TCP's current role of import of essential commodities is for improving supplies to ensure availability of commodities to consumers at affordable prices and market intervention for ensuring fair price to farmers. TCP is one of Pakistan's most evident profit making public enterprise. Beginning rat ...
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Pakistan Board Of Investment
Board of Investment (BOI) ( ur, ) is the premier investment promotion agency of Pakistan working under the administrative control of the Prime Minister’s Office and is mandated to promote and facilitate both local & foreign investment. The Board of Investment is a member of the World Association of Investment Promotion Agencies (WAIPA). Pakistan offers a variety of attractive opportunities for both local & foreign investors. The country is geo-strategically placed at the crossroads of Asia; in geographical terms it is strategically located among landlocked central Asian states, thriving China, resource rich Middle East and huge markets of South East Asia. It has been a center of attraction for the developed economies to invest for lucrative returns. There are ample reasons for the business community to opt for Pakistan having business friendly environment and liberal economic policies to growing infrastructure. Ease of doing business According to the World Bank’s Doing Bu ...
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Ministry Of Finance (Pakistan)
The Ministry of Finance and Revenue ( ur, ) or Ministry of Finance ( ur, , ''Wazarat-e-khazana'', abbreviated as MoF) is a ministry of the Government of Pakistan tasked to ensure a strong Pakistani economy by developing policies of sound economic management and providing expert advice to the government. Minister The Minister of Finance is leading cabinet member who responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet. Because of the prominence and responsibility of this position, it is not uncommon for former Ministers of Finance to be appointed Prime Minister. The current Minister of Finance of Pakistan is Miftah Ismail, he was appointed to this position by the Prime minister of Pakistan on 19 April 2022. The previous Minister of Finance was Shaukat Tarin. Divisions Finance The ''Finance Division'' comes under the supervision of the Secretary of Finance. The division's bureaucracy is divided into seve ...
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Abdul Razak Dawood
Abdul Razak Dawood, is a Pakistani industrialist and was the Adviser for Commerce and Investment to the ex-Prime Minister Imran Khan. He served as a former Federal Minister of Commerce, Industries & Production between 1999 and 2002 in the cabinet of Pervez Musharraf. He is founder of Descon and an engaged member of the Lahore Chamber of Commerce and Industry. He had been also a member of the Imran Khan Cabinet as Advisor to PM for Commerce, Investment, Industries & Production and Textile. Early life and education After initial schooling in the UK Dawood studied and graduated in Mining Engineering from the Newcastle University. In 1968 he obtained his Master degree in Business Administration (MBA) from the Columbia University. He is a nephew of the late Seth Ahmed Dawood (1905–2002) who was considered one of the pioneering industrialists of Pakistan. Career He started his career in the family business at Lawrencepur Woolen and Textile Mills in 1968 and was then transferr ...
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Muhammad Pervaiz Malik
Muhammad Pervaiz Malik (; 18 November 1947 – 11 October 2021) was a Pakistani politician who had been a member of the National Assembly of Pakistan since 13 August 2018 until his death in 2021. Previously, he was a member of the National Assembly between 1997 and May 2018. He served as Minister for Commerce and Textile, in Abbasi Cabinet from August 2017 to May 2018. Early life and education Malik was born on 18 November 1947 in Lahore to Malik Muhammad Akram Arain. He earned a B. Sc. Honours in Engineering from Aston University. Political career Malik was elected to the National Assembly of Pakistan as a candidate of Pakistan Muslim League (N) (PML-N) from Constituency NA-95 (Lahore) in 1997 Pakistani general election. He was re-elected to the National Assembly as a candidate of PML-N from Constituency NA-120 (Lahore-III) in 2002 Pakistani general election. He received 33,741 votes and defeated Altaf Ahmad Qureshi, a candidate of Pakistan Peoples Party (PPP). He w ...
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Khurram Dastgir Khan
Khurram Dastgir Khan ( Punjabi, ur, ; born 3 August 1970) is a Pakistani politician who has been a member of the National Assembly of Pakistan since August 2018. Previously, he was a member of the National Assembly of Pakistan from 2008 to 2013 and again from 2013 to 2018. He is current Federal Minister for Power of Pakistan He served as Minister for Defence and Minister for Foreign Affairs, in Abbasi cabinet from August 2017 and May 2018, respectively, until May 2018. He served as Minister of State for Science and Technology, Minister of State for Privatisation and Minister of State for Commerce between 2013 and 2014. He served as the Minister for Commerce from 2014 to 2017. Khan studied engineering from the California Institute of Technology and economics at Bowdoin College. Early life and education Khan was born on 3 August 1970. Khan studied at the St. Joseph's High School in Gujranwala and Cadet College, Hasan Abdal. Khan attended the Bowdoin College in Brunswi ...
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Makhdoom Ameen Faheem
Makhdoom Muhammad Ameen Faheem ( ur, ; ''alt. spelling'': Amin Fahim; 4 August 1939 – 21 November 2015) was a Pakistani populist left-wing figure and a poet. He was the senior vice-chairman of Pakistan Peoples Party, chairman of Pakistan People's Party Parliamentarians and former chairman of Alliance for Restoration of Democracy. Earning Bachelor of Science in political science from the University of Sindh in 1961, he started his political activism in 1970 and contested successfully the 1970 general elections and was a close ally of Benazir Bhutto during the 1990s. He is the spiritual figure of the ''Sarvari Jama'at'' as well as the prominent sufist in his native province, Sindh. After successfully contesting the 2008 general elections, he notably stepped down for the candidacy of prime minister office in favour of Yousaf Raza Gillani. Biography and overview Family roots and early years Makhdoom Muhammad Ameen Faheem was born in Hala in Sindh, which is located ...
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Shahid Khaqan Abbasi
Shahid Khaqan Abbasi ( ur, ; born 27 December 1958) is a Pakistani politician and businessman who served as the 21st prime minister of Pakistan from August 2017 to May 2018. Abbasi is the senior vice president of the Pakiatan Muslim League-N (PML-N), and secretary-general of Pakistan Democratic Movement (PDM), an anti- PTI coalition of political parties in Pakistan. He has been a Member of the National Assembly of Pakistan since October 2018. Previously, he served as a member of the National Assembly for 8 non—consecutive terms since 1988. Abbasi started his political career after the death of his father in 1988, and since then he has been elected a Member of the National Assembly six times for Constituency NA-50 (Rawalpindi). After the PML-N victory in the 1997 general election, he served as Chairman of Pakistan International Airlines until the 1999 Pakistani coup d'état. After the formation of a temporary coalition government following the 2008 general election, h ...
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Humayun Akhtar Khan
Humayun Akhtar Khan (Urdu: ) is a Pakistani politician, business tycoon, and actuary. He has been elected as a member of the National Assembly four consecutive times between 1990–2007, having served as Federal Minister for Trade and Commerce from 2002–2007 and as Chairman Board of Investment from 1997–1999. Khan is the Chairman of Akhtar Fuiou Technologies and Institute for Policy Reform, and owns one of the largest conglomerates in Pakistan, comprising Tandlianwala Sugar Mills Group, Zamand Steel, Superior Textile Mill, and Lotte Akhtar Beverages ( PepsiCo Franchise). Early life and education Khan received his early education from Army Burn Hall College and Saint Mary's Academy, Rawalpindi. He then received a bachelors degree from Government College University, Lahore, and a masters degree in actuarial science and business administration from University of Manitoba, Canada. He is a Fellow of the Society of Actuaries, USA since 1980, and the Canadian Institute ...
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Ishaq Dar
Muhammad Ishaq Dar ( ur, ; born ) is Pakistani accountant and member of the Senate serving as the 42nd Finance Minister of Pakistan since September 28, 2022. Dar was declared a Proclaimed Offender in 2017 and 2022, respectively. After his return to Pakistan on 26 September 2022, he was no longer declared a Proclaimed Offender. He has been a member of the Senate from 2008. He is a former Minister for Industries and Investment, Minister for Commerce and is the fourth time Minister for Finance of Pakistan since 28 September 2022. Born in 1950 and grew up in Lahore, Dar was educated at the Hailey College of Commerce, Government College University, later attending the Institute of Chartered Accountants in England and Wales. Prior to entering politics, he worked as a professional chartered accountant in various private and public sector organizations. His father owned a bicycle shop. Dar started his political career in early 1980s and since then he has been elected to the N ...
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