|
Pakistan Technical Assistance Program
The Pakistan Technical Assistance Programme (PTAP) is a bilateral and multilateral assistance programme, primarily responsible for administering civilian foreign aid to other countries. The programme functions through administrating the financial donations, industrial training, and expertise to developing countries to the partnering nations who have foreign relations with Pakistan. Since its inception in 1950s, the programme distributes foreign aide that covers 65 developing countries including from Middle East, East Asia, Africa, and Latin America. To further strengthen the image of Pakistan in the developing world, the PTAP offers educational training and expertise in commercial banking, railways, steel mill industries, postal services, and information technology that are arranged regularly on Annual Basis in Pakistan and overseas. Its counterpart is a military advisory program restricted only to long-term partnering nations who have maintained historically healthy relations w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilateralism
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTA) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Armed Forces
The Pakistan Armed Forces (; ) are the military forces of Pakistan. It is the world's sixth-largest military measured by active military personnel and consist of three formally uniformed services—the Army, Navy, and the Air Force, which are backed by several paramilitary forces such as the National Guard and the Civil Armed Forces. According to Global Firepower, the Pakistan Armed Forces are ranked as the 9th most powerful military in the world. A critical component to the armed forces' structure is the Strategic Plans Division Force, which is responsible for the maintenance and safeguarding of Pakistan's tactical and strategic nuclear weapons stockpile and assets. The President of Pakistan is the Commander-in-Chief of the Pakistan Armed Forces and the chain of command is organized under the Chairman of the Joint Chiefs of Staff Committee (JCSC) alongside the respective Chiefs of staffs of the Army, Navy, and Air Force. All branches are systemically coordinated during joi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Relations Of Pakistan
The Islamic Republic of Pakistan maintains a large network of diplomatic relations across the world. Pakistan is the second largest Muslim- majority country in terms of population (after Indonesia) and is the only Muslim majority nation to have possession of nuclear weapons. Pakistan's economy is integrated into the world with strong trade ties to the EU and economic alliances and agreements with many Asian nations. Pakistan is in a strategic geopolitical location, being situated at the corridor of major maritime and land-based transit routes reaching from the energy-rich regions of Central Asia and the Middle East, to the population centers of South and East Asia. Pakistan also has geostrategic hotspots such as Afghanistan, China, India and Iran as immediate neighbors. Pakistan maintains a tense relationship with the Republic of India due to the Kashmir conflict, close ties with the People's Republic of China, Turkey, Saudi Arabia and Gulf Arab states, and fluctuating re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which create an a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walton, Lahore
Walton Cantonment is a cantonment area situated in Lahore, Punjab, Pakistan. It is named after Sir Cusach Walton, son of Frederick Walton. History Lahore Cantonment with its increasing population and extensions to the boundaries had become difficult to manage and in 1998 it was bifurcated into two administrative divisions, Lahore Cantonment and the new Walton Cantonment. According to the Zoning Plan of Walton Cantt. Area, the cantonment is spread over 10,000 acres. The estimated population is about 700,000. Education * Civil Services Academy Neighbourhoods * Cavalry Ground Walton railway station Walton railway station is a railway station located in Walton Cantontment. It is one of the urban stations of the city which are served by commuter trains of Lahore. A large number of commuters use this station to get access to the city of Lahore Lahore ( ; pnb, ; ur, ) is the second most populous city in Pakistan after Karachi and 26th most populous city in the world, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Railways Academy
Pakistan Railways Academy ( ur, ) or PRA, is the central training academy for employees of Pakistan Railways. History PRA was originally established as a training school for the employees of the North Western State Railway in Lyallpur (now Faisalabad) in January 1925. The school was shifted to Walton, Lahore on 8 March 1929 and named ''Walton Training School'' after Col. C.E. Walton, who was the general manager of the North-Western State Railway at the time. In 1954, the ''United Nations Regional Railway Training Centre'' was established by ECAFE (now ESCAP) at PRA. An ''Advanced Railway Course'' was introduced for the participants from the Railways of ESCAP, the Middle East and African Region. In 1958, the ''Regional Railway Training Center'' was taken over by the government and renamed the ''Pakistan Inter-Regional Railway Training College or ''PIRRTC''. In 1983, the school was renamed ''Directorate of Research & Training'' by merging several institutions. In 2000, it was rena ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of Pakistan
The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four Provincial Capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Institute Of Banking And Finance (Pakistan)
The National Institute of Banking and Finance (NIBAF) is a subsidiary of the State Bank of Pakistan (SBP) head by the Managing Director, a Board of Directors and the Governor of State Bank of Pakistan. NIBAF, a non-profit organisation, aims at providing training and development to central and commercial bankers at national as well as international level. One of its important roles is to develop human capital of SBP and its subsidiaries. It has trained 140 participants from friendly countries through 22 weeks of training during the financial year 2006-07. History The National Institute of Banking and Finance (NIBAF) was set up on 8 March 1993 as a 'Private Limited Company by Guarantee' and was sponsored by the erstwhile Pakistan Banking Council (PBC) in collaboration with National Bank of Pakistan, Habib Bank Limited, United Bank Limited, Muslim Commercial Bank, The Bank of Punjab and Allied Bank Limited. The core purpose was to encourage the study of theory and practice of banki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embassy Of Pakistan In Washington, D
A diplomatic mission or foreign mission is a group of people from a state or organization present in another state to represent the sending state or organization officially in the receiving or host state. In practice, the phrase usually denotes an embassy, which is the main office of a country's diplomatic representatives to another country; it is usually, but not necessarily, based in the receiving state's capital city. Consulates, on the other hand, are smaller diplomatic missions that are normally located in major cities of the receiving state (but can be located in the capital, typically when the sending country has no embassy in the receiving state). As well as being a diplomatic mission to the country in which it is situated, an embassy may also be a nonresident permanent mission to one or more other countries. The term embassy is sometimes used interchangeably with chancery, the physical office or site of a diplomatic mission. Consequently, the terms "embassy reside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multilateralism
In international relations, multilateralism refers to an alliance of multiple countries pursuing a common goal. Definitions Multilateralism, in the form of membership in international institutions, serves to bind powerful nations, discourage unilateralism, and gives small powers a voice and influence that they could not otherwise exercise. For a small power to influence a great power, the Lilliputian strategy of small countries banding together to collectively bind a larger one can be effective. Similarly, multilateralism may allow one great power to influence another great power. For a great power to seek control through bilateral ties could be costly; it may require bargaining and compromise with the other great power. Miles Kahler defines multilateralism as "international governance" or global governance of the "many," and its central principle was "opposition obilateral discriminatory arrangements that were believed to enhance the leverage of the powerful over the weak an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Banking
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Developing World
A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries. There are controversies over this term's use, which some feel it perpetuates an outdated concept of "us" and "them". In 2015, the World Bank declared that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
