Finland-Pakistan Business Summit 2023 pledge to strength business ties

Web Desk 07:49 PM | 13 Mar, 2023
Finland-Pakistan Business Summit 2023 pledge to strength business ties

ISLAMABAD - Finland-Pakistan Business Council (FPBC) organised the 10th edition of its legacy Finland Pakistan Business Summit 2023 in the federal capital.

This year, the summit primarily focused on expanding cooperation in the energy and education sectors to boost bilateral trade, investment, and exchange of technical expertise for shared growth and development.

The summit was inaugurated by the ambassador of Finland to Pakistan, H.E. Mr Hannu Ripatti, while the former Prime Minister of Pakistan, Shahid Khaqan Abbasi chaired an important session, ‘Future of Energy Landscape in Pakistan’. More than 20 Finnish companies, the majority from the energy and education sectors, participated in the summit, which was also attended by prominent business owners, business representatives, entrepreneurs, and corporate executives from Pakistan.

The summit essentially is a networking platform that has facilitated business cooperation between the two countries for more than a decade. It has helped explore business opportunities, share expertise, and help Pakistani businesses use the Finnish corridor to access the enormous markets in the European Union and the Nordic region.

The panellists, all acclaimed experts in their respective fields, emphasized the need for Pakistan to replicate the Finnish model in enhancing its reliance on renewable energy and excellence in education, professional training and gender equality for socioeconomic success. They also highlighted the need for Pakistan to facilitate investment and a steady transfer of innovative technologies and technical expertise by realigning its regulatory regime to strengthen its energy and other key business sectors.

Speaking at the summit, the ambassador of Finland to Pakistan, H. E. Mr Hannu Ripatti expressed his pleasure at the level of business cooperation between Pakistan and Finland. He said Pakistan can capitalize on this cooperation for its socioeconomic growth as Finland is the gateway to the EU market and has the immense technical expertise to help with the development of the Pakistani business and education sectors.  

Sharing his thoughts regarding the summit, the Chairman of Finland Pakistan Business Council and the Honorary Consul General of Pakistan in Finland, Mr Wille Eerola said, Finland and Pakistan have friendly ties, further strengthened by their shared ambition for growth and development. This year, we are organizing the summit in Islamabad and Karachi to bring Finnish and Pakistani business communities together so they can discuss and explore opportunities for collaboration.”

The Finnish delegation expressed its delight over their ‘myth-busting’ Pakistan experience. They heaped praises on Pakistan’s culinary delicacies, rich culture, and hospitality. The next summit is set to take place in Karachi later this week.                                                                                                  

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 28, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on May 28, 2023 (Sunday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 307.9 311.15
Euro EUR 330 333
UK Pound Sterling GBP 381 384.5
U.A.E Dirham AED 84.6 85.4
Saudi Riyal SAR 82.6 83.4
Australian Dollar AUD 201 203
Bahrain Dinar BHD 762.21 770.20
Canadian Dollar CAD 225.5 227.5
China Yuan CNY 40.6 41
Danish Krone DKK 41.39 41.78
Hong Kong Dollar HKD 36.6 36.95
Indian Rupee INR 3.47 3.58
Japanese Yen JPY 2.15 2.22
Kuwaiti Dinar KWD 932.2 941.2
Malaysian Ringgit MYR 62.42 63.02
New Zealand Dollar NZD 176.98 178.98
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 744.58 752.58
Qatari Riyal ‎QAR 78.73 79.43
Singapore Dollar SGD 215 217
Swedish Korona SEK 26.73 27.03
Swiss Franc CHF 316.34 318.84
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – May 28, 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Sunday.The price of 10 grams of 24k gold was recorded at Rs202,160.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 235,800 PKR 2,490
Karachi PKR 235,800 PKR 2,490
Islamabad PKR 235,800 PKR 2,490
Peshawar PKR 235,800 PKR 2,490
Quetta PKR 235,800 PKR 2,490
Sialkot PKR 235,800 PKR 2,490
Attock PKR 235,800 PKR 2,490
Gujranwala PKR 235,800 PKR 2,490
Jehlum PKR 235,800 PKR 2,490
Multan PKR 235,800 PKR 2,490
Bahawalpur PKR 235,800 PKR 2,490
Gujrat PKR 235,800 PKR 2,490
Nawabshah PKR 235,800 PKR 2,490
Chakwal PKR 235,800 PKR 2,490
Hyderabad PKR 235,800 PKR 2,490
Nowshehra PKR 235,800 PKR 2,490
Sargodha PKR 235,800 PKR 2,490
Faisalabad PKR 235,800 PKR 2,490
Mirpur PKR 235,800 PKR 2,490


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