ABC of IMF-Pakistan Agreement Sans Trade & Logistics IMF Country Report No. 24/310 of October 2024 - Article IV Consultation and Request for an Extended Arrangement under Extended Fund Facility External Financing Support Pursuant to economic stability achieved under the 2023 Stand-by Arrangement (SBA) the International Monetary Fund (IMF) and Pakistan finalized an agreement on
Israel Haifa Port & US Maritime Concerns India's Adani Ports Group along with a Israeli logistics group acquired Israel's premier Mediterranean Sea Port of Haifa .The Adani Ports conglomerate is expanding its portfolio in Israel and future plans include establishing of a trade and strategic gateway connecting the Port of Haifa and Middle Eastern region
Civilian Mariners Support US Navy A civil service mariner (CIVMAR) is a US federal government employee who pursues a civil service career while assigned aboard U.S. government-owned ships supporting the US Navy’s warfighters and warfighting platforms deployed world wide.Such CIVMARs comprise almost 80% of US Navy workforce and reflect standards found aboard civilian merchant or
Dispute Resolution Defining Maritime Arbitration A maritime arbitration is any arbitration which has a certain relation with a ship.Such a relation involves the carriage of goods or passengers by sea, sale of second hand ships or construction or the chartering of floating crafts as diverse as a superyacht or offshore support vessel. Diversity and a
South Korea Summit with Central Asian Countries South Korea 's summit with 5 Central Asian countries is an integral component of its fresh diplomatic strategy for Central Asia euphemistically termed as “Korea-Central Asia K Silk Road.” President Yoon Suk Yeol is embarking on state visits to Central Asian nations namely Turkmenistan, Kazakhstan and Uzbekistan to
Africa on Way to Become Hub of Sea Trade The African continent has the potential of becoming the new hub of trade in the maritime world due to maritime traffic congestion , Red Sea conflict and increasing attacks by pirates operating from the Somalian coast with global shipping companies seeking alternative sea routes and land
China's Foray into Far East Seaports China’s is expanding its global maritime footprint and this may be a cause of concern for the US. China is flooding huge private and public cash into Cambodia especially targeting the capital city of Phnom Penh and port cities like Sihanoukville.Currently major upgrades to the nearby Ream Naval Base
Arab Women in Logistics & Fashion The logistics sector is incorporating Machine Learning equipped with Artificial Intelligence (AI) and Cloud Computing .Realistically logistics is an area which defies complete automation as manual input is required for storing and collection of inventory data on Cloud Computing. Automating logistics does cut down on the overall cost of
Inland Waterways Part II Reducing Cost of Doing Business by lowering Freight & Transportation Charges Mr Arshad Abbasi , renowned Inland Waterway expert , has opined that the maritime or blue economy can be synergised with and expanded by inland water transportation (IWT). In his professional view all shipments from Peshawar to Karachi can be
Roots of Muslim Maritime Trade The history of transregional trade in the Indian Ocean is reflective of a vibrant trade from around the 1st century AD . With the expansion of Islam into India, East Africa and Southeast Asia the Indian Ocean began to cohere as a unified global economy and subsequently bound up in
