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IMF decides two years debt service relief for poor states

ISLAMABAD, (TLTP): The International Monetary Fund (IMF) Executive Board decided on Friday to allow all member countries with per capita income below the World Bank’s operational threshold for concessional support to qualify for debt service relief for up to two years. According to a press statement, in direct response to the COVID-19 crisis the IMF […]

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ICC launches digital trade standards initiative to promote interoperability

ISLAMABAD, (TLTP):  International Chamber of Commerce (ICC) has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade. The ICC Digital Trade Standards Initiative (DSI) will build on work done by various likeminded initiatives, many of which aim to digitise trade, notably through the development of […]

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CRCP underscores need for consumer awareness for pollution free Pakistan

Khudayar Mohla – ISLAMABAD, (TLTP): Pakistan is facing fragile political will due to lack of consumer awareness over market abuses and social injustices as the situation is making dent in sustainable consumption of products in the society. March 15 of every year ‘World Consumers Rights Day’ (WCRD) is celebrated around the globe but there is […]

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Bill Gates Exits Microsoft Board To Focus On Philanthropy Full-Time, Ends An Era At The Company

It’s the end of an era at Microsoft. The giant company announced Friday that co-founder and Technology Advisor Bill Gates stepped down from the board of directors to dedicate more time to his philanthropic efforts, including global health, development, education and his increasing work tackling climate change. He’ll continue to serve as Technology Advisor to CEO Satya […]

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EU Court of Justice: Member states appoint Advocate General

Khudayar Mohla – Brussels, (TLTP) : As many as 27 member state representatives in the European Union on Wednesday appointed Jean Richard de la Tour (France) as Advocate General to the Court of Justice, following the death of Mr Yves Bot, the previous French Advocate General. Mr Richard de la Tour has been appointed as […]

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ICC authorizes opening of an investigation in Afghan war crimes since 2003

Khudayar Mohla- While accepting appeal for probe into alleged crimes committed in the war-torn nation, the International Criminal Court has authorized Prosecutor Fatou Bensouda to commence an investigation into war crimes and crime against humanity in Afghanistan and beyond its border linked to Afghan, Taliban and US troops since May 1, 2003. It has been […]

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Traders urged to focus on enhancing trade with Poland

ISLAMABAD, (TLTP): Malik Muhammad Farooq, Ambassador-designate of Pakistan to Poland, has said that Pakistan’s trade with Poland is negligible as compared to actual potential and stressed that business community should focus on further enhancing trade and exports in Polish market. Malik expressed these views during his visit to Islamabad Chamber of Commerce & Industry (ICCI) […]

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WB offers $12bn in support of countries’ response to COVID-19

ISLAMABAD, (TLTP): As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action to respond to […]

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ICAO takes steps to strengthen global border management and security

TLTP Monitoring MONTRÉAL: Leveraging its privileged position as the nexus for international passports and associated standards development, UN aviation agency ICAO has taken steps to strengthen modern border security through the online issuance of a new “Master List” of e-passport authentication certificates. “Improved access to the authentication certificates will enhance global e-passport validation effectiveness, in […]

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Air Cargo Demand Down 3.3% in January 2020

Geneva, (TLTP) : The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers , decreased by 3.3% in January 2020, compared to the same period in 2019. ”January marked the tenth consecutive month of year-on-year declines in cargo volumes. The air cargo industry started the […]