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PM Imran Khan likely to visit Qatar this month

08:40 PM | 2 Dec, 2018
PM Imran Khan likely to visit Qatar this month

ISLAMABAD - Prime Minister Imran Khan is expected to pay a two-day official visit to Qatar later this month to hold talks with the Qatari leadership to explore business, trade and investment opportunities between the two countries.

However, the dates of the visit and agenda of the talks are yet to be finalised.

During the visit, the prime minister will hold talks with Emir of Qatar and also hold meetings with some of the members of the Qatari cabinet. Both sides will formally sign an agreement under which Qatar will provide jobs to 100,000 Pakistani skilled and semi-skilled workers.

A number of agreements and MOUs are also expected to be signed during the visit. The prime minister will also meet top executives of Qatari companies besides addressing Pakistani community in Doha.

https://en.dailypakistan.com.pk/headline/abu-dhabi-crown-prince-accepts-pm-imran-khans-invitation-to-visit-pakistan/

On Friday, the Pakistani government said it was considering renegotiating a 15-year LNG import deal with Qatar, as criticism of the liquefied natural gas import and processing terminals mounts within the PTI government.

According to a report published by the local Pakistani DAWN website, Pakistan’s ruling party criticized contracts by the previous government’s party who imported LNG from Qatar at 13.39 percent of the international crude oil benchmark price. They also had two terminals built by the private sector to re-gasify the imported LNG.

Pakistani Petroleum Minister Ghulam Sarwar Khan said at a news conference that: “The price of LNG imported from Qatar is the most expensive.” He said even the prices under proposed gas pipelines from Turkmenistan and Iran were cheaper, according to the newspaper.

The minister also objected to the timeframe of the 15-year deal when the mandate was only for five years, in addition to his objection to a clause putting a bar on non-disclosure of the agreement, even three years after the expiry of the 15-year term.

Minister Ghulam Sarwar Khan confirmed that the government of Imran Khan is very much active against the agreement from both aspects, as being expensive and non-disclosure. He pointed out that the issue could land in the International Court of Arbitration (ICA).

https://en.dailypakistan.com.pk/headline/nab-launches-inquiry-against-shahid-khaqan-abbasi-nawaz-sharif-over-dubious-lng-deal/

The minister further said the Supreme Court, National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) were looking into the contracts relating to import of LNG from Qatar and two LNG terminals in Karachi and those found responsible for signing the expensive deals would be held accountable.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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