Neo

To all interested members.
Please post all Pakistani economy and related business here.

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Administrator @ Defence.pk

Neo

Logistics infrastructure to be built: Prime Minister inaugurates new KPT oil pier


KARACHI (December 04 2005): Prime Minister Shaukat Aziz on Saturday hinted at building world-class logistics infrastructure, including enhancement and modernisation of ports, highways, airports and railways throughout the country.

The infrastructure would surely attract investors on the one hand and on the other would boost the country's economy, he added.

Speaking at the inauguration ceremony Oil Pier-II at Karachi Port lower harbour here, the Prime Minister said that strong and efficient communications infrastructure would help Pakistan meet trade challenges in WTO era.

"The government has to plan an infrastructure which will be part of world-class logistics chain, and that is what we are trying to do. The trajectory, which we see for economic growth in Pakistan is looking very exciting," he said.

Pakistan needs better infrastructure with world-class logistics that include rail and road transportation needs upgradation.

He said, "If you (business community) want to meet international trade, we have to build infrastructure for foreign investment. Investors have choice for other places and you (business community) could not force them (the foreign investors) to invest."

Last year, Pakistan had the growth rate of 8.4 percent, which brought the country's performance in the global limelight offering better investment prospects, he said, and added that the government has a major refurbishing programme of dual tracks, new engines and coaches to provide fast service from Karachi up north and back.

He said, "We have started a fast cargo train, working efficiently, and private sector is encouraged to look into this opportunity."

Shaukat said that the government was planning a highway network between Karachi and up north to cut travel time. This network was nearing completion between Peshawar and Faisalabad and would further move to Multan. From Multan it would come to Sukkur and then o Karachi, he said, adding that this would improve travel time for people and goods.

He said the government was improving the airports and related infrastructure and some major world airlines were coming to Karachi and other cities of Pakistan very soon.

The Prime Minister said the new Islamabad airport would be built by the two leading companies internationally and as being the capital the city deserved a better airport.

"The inauguration of Oil Pier-II is another milestone in the history of Karachi Port Trust (KPT)," he said, adding that this was his fifth visit to KPT in the last 18 months to perform either ground breaking or inauguration of projects.

"The country is paying for every hour delay at the port and this should not be tolerated," he said, adding that with the growing economy the need for petroleum products had also risen.

"We need more oil piers at the port to handle crude and refining capacity so that none of these should become the bottleneck to the momentum we have created for growth," he added.

The government was committed to pursuing policies which would give economic growth. "We believe in private sector playing a major role in economic development."

He noted that Pakistan's economy has moved a long distance in the last six years. "We have reformed, transformed, grown and we have restructured our country and the economy. But we have much more to do. This is just the beginning of a long journey," Shaukat added.

"Despite the oil shock, we have weathered the price rise without a blink in the eye and the people of Pakistan have weathered this and are moving ahead on our path and journey of growth and development," he added.

Pointing to a five-year vision of growth, Shaukat said that it would get Pakistan 3 to 6 percent growth going forward. "We have achieved this in the last two year, and we hope to achieve this in the next three years." With the last year's 8.4 percent growth Pakistan was placed second highest growth country in Asia," he added.

Pakistan was 31st in the world, according to a survey of 130 countries, in terms of reforming and making it easier to do business, he said, adding that this could be challenging, too.

Pakistan's exports registered a growth of 20 percent and imports up by 40 percent and the country needs to provide a comprehensive infrastructure to allow these goods to come back and forth into the country.

The Minister for Ports and Shipping, Babar Ghauri, said the reconstruction of OP-II at a cost of Rs 1.48 billion was a major achievement of KPT.

The Karachi Port, with handling capacity of 66 percent, is one of the most profitable public sector concern. The tasks given by the Government were all well achieved, he added.

Chairman KPT, Vice Admiral Ahmad Hayat also spoke on the occasion and later presented the memento to the Prime Minister.

http://www.brecorder.com/index.php?i...term=&supDate=

Neo

Mustafa announces Rs 2.50 billion Karachi uplift package


KARACHI (December 04 2005): Nazim Karachi Mustafa Kamal on Saturday announced an over Rs 2.50 billion development package for Karachi. He also announced to make the road from Metropole Hotel to Airport, from Nazimabad flyover to Sharea Faisal, University Road and from Surjani Town to Tower totally signal free.

The announcements came from him at a crowded press conference held at Civic Center. DCO Karachi Fazlur Rehman and other officials of City Government were also present on the occasion.

"We are building up a Karachi of the future", City Nazim said and added that when Haq Parast leadership took over the office of City Nazim it decided that instead of involving itself into the past and criticising anyone, carry out better planning and prepare such project which may prove beneficial for decades.

He pointed out that while preparing development plans, care has been taken that no technical flaw is left like the projects of the past so that no problems are created for people.

In this regard, he informed, attention has been paid on preparing schemes with the consultation and services of professionals belonging to various fields so that city's real and future requirements could be met.

"We are determined that instead of making claims and boasts, we will lead Karachi towards the goal of development where the people of would find their living standard much better than previously and have the realisation of living in an international and mega city.

Mustafa Kamal said that within a brief period of just one and a half-month and after passing through a long exercise, the projects that have been prepared will need not artificial publicity to show their existence, but our work will show our commitment.

He said he feel delighted in announcing a big package amounting to Rs 2.589 billion for the city after one and half month day and night efforts and work on it will start during the current financial year.

He told the journalists that these projects have been given final approval, funds are available and projects are being advertised in newspapers.

Nazim Mustafa Kamal said these projects were either lying in abeyance for several years or were not considered at all.

"From today new developmental activities are commencing in the city and instead of providing temporary solutions, we are going to build up Karachi of future".

He said the projects that would be taken in hand under the package will include:

(1) construction of drain from Islam Nagar to Town Municipal Administration Office, Orangi Town Rs 16.77 million, (2) construction of drain from Orangi No 13 Sadiqabad to Gulzar Mohammedi Colony Rs 26.06 million, (3) construction of drain from Orangi No 16 Mianwali Colony Rs 27.51 million, (4) construction of bridge over PAF Base Sharea Faisal, (5) construction of signal free inter-section from Mahmoodabad/Chanesar Halt Shahrah Faisal Rs 299.44 million, (6) construction of underpass at Ibne Sina Road below Nazimabad bridge Rs 329.5 million, (7) underpass at Ibne Sina road below Liaquatabad bridge Rs 329.5 million, (8) construction of bridge at Tipu Sultan, Sharea Faisal Rs 156.43 million, (9) reconstruction and development of chowrangi at Shahrah-e-Ghalib Keamari to Bilawal Rs 302 million, (10) purchase of garbage lifting machinery Rs 600 million, (11) construction of road from Tin Hatti Inter-section to Shaheed-e-Millat Road Rs 126.72 million and (12)) expansion of Korangi Road bridge at Mahmoodabad Nullah.Mustafa Kamal said many projects were lying in the pipeline only because their designing was not being given approved and he has taken an immediate decision about such projects also in the interest of city and work on them, too, will start during the current financial year. He said he has issued directives for removal of bottlenecks in their way.

He pointed out that work on Karsaz flyover was laying pending because a part of the bridge was to cover the land of water and sewerage board and the matter was not being resolved. He said, in the city's interest, he has directed KWSB to surrender this land.

He informed that a flyover is to be constructed at the junction of Stadium and Karsaz Roads. It is too an important project which was suffering from pendency due to non-availability of land.

Nazim Karachi told the journalists that on one side there is private land and on the other, it is Cricket Board's land, He said it has been decided to acquire this land from the Board and hoped the Board will accede to it in the public interest. He said the Board has been contacted and work will start soon.

Regarding Ghaniabad underpass, Mustafa Kamal said its foundation stone was laid down without any planning. He said now there will be no need for a bridge for traffic from Azizabad to Liaquatabad No 10 which was envisaged for the second phase of the design.

The Nazim said that now under best management, the traffic coming to Gharibabad will be diverted from Karimabad to Liaquatabad which would reduce the cost and also see early completion.

The design envisaged the construction of bridge on the side of Sir Shah Suleman Road to Stadium Road besides construction of an underpass to connect both ends of University Road.

He informed that City Government has modified the design and now land will be acquired from Expo centre.

Nazim said work for making Sharah-e-Faisal signal free from Metropole to Airport has commenced.

He informed that a bridge is being constructed to connect Air Force Base and Colony while work.

Nazim Mustafa Kamal told the journalists that throughout the world, there are separate tracks for motorcycles and he has directed the Works and Services department to carry out a survey in this regard.

Mustafa Kamal informed that consultant has been hired to carry out survey to undo the internal accesses of University Road from Hasan Square to NIPA Chowrangi.

In order to reduce growing traffic pressure, the construction of overhead passage from Surjani Town to Tower with access from Surjani to Nagan Chowrangi, Sakhi Hasan, Nazimabad, Lasbella, Guru Mandar to Tower is under consideration.

Nazim Karachi said that University Road is being reconstructed while Shaheed-e-Millat Road has already been constructed on modern lines. He said now the project for construction of road from Jail Chowrangi to Tin Hatti is also being undertaken.

He informed that in order to facilitate the padestrians crossing university road, two bridges will be constructed in front of main gates of NED and Karachi University.

He told the journalists that a transfer station will be constructed for dumping of 1,000 tons of garbage at Mewa Shah.

http://www.brecorder.com/index.php?i...term=&supDate=

Neo

Pakistan attractive place for investment: minister


ISLAMABAD (December 01 2005): The Minister for Information Technology and Telecommunication Awais Ahmed Leghari has said that Pakistan is poised to become an even more attractive place for investment in telecom and IT sectors at the back of an accelerated economic and telecom growth.

In his welcome address at the inaugural session of 10th sitting of General Assembly of Asia and Pacific Region, the minister forecast that the tele-density in Pakistan would improve to about 30 percent by 2009-10, which means an addition of over 30 million more fixed and mobile telephones.

Terming telecom sector as "the fastest growing sector of economy", the minister said that Pakistan now is the second fastest growing telecom market in Asia after China. According to him, the boom in IT and telecom sectors was visible through easy availability of telecom products/services all over the country.

He said cellular mobile, wireless local loop and broadband sectors offered lot of opportunities for vendor and operators as the market had the potential to reach 50 million subscribers by 2009-10. "Fixed and mobile sectors attracted foreign and local investment/commitment of over 4 billion dollars in terms of licences and initial infrastructure. Next five years are likely to receive additional investment of over 3-4 billion dollars in the infrastructure deployment," he added.

He told the delegates that combined tele-density in last two years in Pakistan had more than doubled from 4.5 percent to over 15 percent of population. "Mobile sector has shown growth of over 100 percent in last two years while the total number of subscribers of fixed and mobile phone has increased from 8 million two years back to over 22 million (mobile 17 million, fixed 5.9 million) now.

The minister also predicted a massive increase in bandwidth usage through fixed and mobile sectors, which may increase from present 800 MB to over 6,000 MB. "In the same period with growing broadband penetration, we believe that third-party content business would gain enormous momentum," he said.

He said the rate of growth in the ICT sector had been tremendous, and Asia-Pacific region could be cited as a leading example in this regard. "Be it the proliferation of broadband, internet or the ever-increasing use of mobile services, the region has been a hub of activity of all ICT-enabled services, and is surely the fastest growing region in the world of ICT, for which APT deserves all the credit.

He said the government was committed to supporting the industry in all possible ways. "We will ensure delivery on all our commitments such as the continuity of policies, transparency of process, continued facilitation and a consultative approach."

Awais Leghari said appropriate infrastructure availability was one of the key areas to support the ever-increasing and expanding telecom services. "As part of its policies, the government is also aware of the redundancy requirements and alternate means to ensure that high-quality infrastructure is available for the provision of uninterrupted telecom operations and services," he said.

He told the conference delegates that Pakistan was already in the process of adding redundancy to its existing international connectivity through fibre optic cables as SEA ME WE 3 was so far the only optical fibre cable connecting Pakistan to the external world and was a single point of failure for country's international communication, vulnerable to both natural causes and clandestine activity.

He said PTCL was the only provider of national optical fibre backbone network in the country and there was a need to have back-up arrangements to meet the redundancy, diversity and resilience needs.

He said renowned multinational companies from various parts of the world had already selected Pakistan as a destination for investment in telecom sector. "I am quite hopeful that new LDI and mobile operators will become trend-setters for long distance domestic and international infrastructure segments, and would be introducing most innovative service solutions with quality par excellence.

He added that work had started on three domestic alternate backbones, which were coming from private sector, involving 15,000-Km fibre and investment of about 400 million dollars in maximum 18 months.

There has been tremendous improvement in the infrastructure deployment by various telecom sector operators. For instance, there has been an exponential increase in number of towers erected by telecom companies and at present almost 5,000 towers are in place. In the WLL sector, post-policy period has seen an increase of almost 700 towers, a figure that is expected to reach almost 2,100 by the end of the current financial year," he said and added that on the mobile sector front, there has been an increase of almost 3,300 towers during the post-policy period, and the number is expected to increase by another 2,800 towers by the end of this fiscal year. "Overall, the figure is expected to increase to over 9,000 at the end of current fiscal year," he said.

Neo

South Asian nations seal free trade deal

NEW DELHI (December 03 2005): Seven South Asian countries have finalised an agreement to set up a free trade area, the Indian government said Friday, a move predicted to more than double the size of the regional market.

The landmark deal to create a South Asian Free Trade Area (SAFTA) was signed in Islamabad in January 2004 during a summit of regional leaders with January 1, 2006 set as a deadline for implementation.

However the deal by the South Asian Association for Regional Co-operation (SAARC), was expected to become fully operational only by 2016. "The South Asian Free Trade Area (SAFTA) Agreement has been finalised," said India's Commerce Minister Kamal Nath.

The statement was issued after "receiving intimation from Kathmandu about the deliberations of the Committee of Experts on SAFTA which met there from 29th November-1st December 2005 to resolve the outstanding issues ... so as to complete the negotiations," Nath said.

SAARC groups Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka. "Implementation of SAFTA will further strengthen our trade relations with the SAARC countries," Nath said.

The agreement when signed in Islamabad was seen as the best hope to better the standards of living for millions of poor in a region with a population of 1.5 billion.

But implementation was delayed when some SAARC members expressed reservations over a list of sensitive products, rules of origin and a compensation mechanism for the least developed countries.

The statement said agreement had been struck on the outstanding issues. "A phased tariff liberalisation programme from the date of SAFTA's coming into force is envisaged," it said.

Under the terms of the agreement, the more developed countries among the seven member states would bring down their tariffs for non-SAARC trade from the existing 30 percent to zero in five years while the less developed countries would do so in eight years.

The developed countries would also reduce their tariffs for non-developed countries within SAARC in three years, the statement said. At their last summit in Dhaka on November 12-13, South Asian leaders had directed officials to ensure SAFTA came into force on January 1, 2006.

Indian Prime Minister Manmohan Singh said implementation of SAFTA would raise the current level of intra-regional trade from six billion to 14 billion dollars annually.

http://www.brecorder.com/index.php?i...term=&supDate=

Neo

Annual data 2005 2006 Historical averages (%) 2001-05

Population (m) 156.4 159.5 Population growth 2.0

GDP (US$ bn;
market exchange rate) 110.7 116.0 Real GDP growth 5.0

GDP (US$ bn;
purchasing power parity) 378.8 421.0 Real domestic demand growth 4.7

GDP per head (US$;
market exchange rate) 708 727 Inflation 5.2

GDP per head (US$;
purchasing power parity) 2,422 2640 Current account balance %GDP 1.6

Endangered

Govt may allow import of Indian cars

Amanullah Khan

Karachi—The government is considering to go for the import of Indian cars if the widening gap between supply and demand continued to persist allowing the middle man minting money in the local market.

The finance ministry, accepting the longstanding demand of local car dealers and importers in the budget 2005-06 allowed the import of old and used cars at the depreciation facility of 2 percent per month. However, the ministry maintained the condition of a luggage and gift scheme and the car dealers or the traders cannot import used and old vehicles directly.

Informed sources said those relevant authorities taking a close watch of the situation and might take decisions to ease the demand and supply situation by allowing import of cars even from India.

The gap between demand and supply was widening with each passing day. Last year the local automobile industry produced approximately one hundred thousand cars of various brands but those were not enough to meet the existing demand. A number of financing schemes readily available in the market backed up with easy and comfortable pay back installments, which is also fueling the demand.

It is however feared that the import of new and used cars under different schemes have its implications on the growth of vendor industry besides adversely affecting deletion strategy aiming at promoting the engineering sector within the country.

In 1999, Pakistan’s “deletion” programme (mandating the use of domestic inputs) encompassed 106 items. As of December 2004, 16 items in the auto and motorcycle industries remained to be deleted. For these 16 items, Pakistan had petitioned for a three years extension on its original December 31, 2003, deadline to eliminate all deletions. Being a developing country, Pakistan was required phasing out and withdrawing the trade related investment measures, inconsistent with the agreement on TRIMS, by the year 2000.

http://www.pakobserver.net/200512/04...pstories15.asp

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Wild Wild Web

Endangered

Pakistan allows import of mild steel from India

ISLAMABAD: In a major development, the government has allowed import of "mild steel structures" from India that will be used for construction of houses and office buildings in the earthquake-hit areas.

To this effect the Ministry of Commerce on Saturday issued a notification allowing the import of mild steel structures from India. "Earlier it was strictly banned in the wake of stiff opposition from local industry," an official said.

The magnitude of devastation is too high and the local industry alone will not be able to meet the requirements of steel structures, the official said. "The rationale behind the decision is that transportation cost in importing mild steel from India is comparatively very low and economical," he added.

Replying to a question, the official said the list of importable items from India has now swelled to 723 with the permission of importing the steel structures. The official said the government through the Import Policy Order, 2005, had earlier notified a list of 722 items for import from India and the new notification states that the mild steel structures would be the item number 773. The notification states: "In exercise of the powers conferred by sub-section (1) of section 3 of the Imports and Exports (Control) Act, 1950 (XXXIX of 1950), the Federal Government is pleased to direct that the following further amendment shall be made in the Import Policy Order, 2005, namely: In the aforesaid Order, in Appendix G, after serial number 772 in column (1) and the entries relating thereto in columns (2) and (3), the following new serial number and the entries relating thereto shall be added, namely: ‘773. Respective headings mild steel for structures’."

http://www.jang.com.pk/thenews/dec20...main/main6.htm

indianguy4u

Hey u beat me to this news!

Just for curiousity went to pdf & saw this thread where paksiatni posters bragging about ppl in pakistan buys only mercs & beemers . Rich country indeed .

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Hala Madrid!!

raj

PDF is nothing but a bunch of jokers, they used to have some sensible people over there but they were thrown out. after that i just visit when i am stressed out to have my dose of laugh for that day
-raj

P.S: sorry neo for taking this thread slightly out of its path

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saw this in some site dont remember the name tough

Neo

Okay, but don't do that again!

Neo

Good move indeed!
Pakistani market will turn out to be highly luctarive for indian industrial goods as well as (raw) materials.

Neo

Kuwaiti group plans to invest in POL, housing: Musharraf addresses businessmen

KUWAIT (December 05 2005): A major Kuwaiti group on Sunday informed President General Pervez Musharraf of its plan to invest $l.5 billion in the fields of petroleum, housing and alternative energy resources.

Sheikh Salam Daoud Al-Salman Al-Sabah, chairman, International Investment Group of Kuwait, told APP after a meeting with the President that it sees Pakistan as a 'stable, promising and favourable place' for investment.

"We plan to build an oil refinery, low-cost housing and a wind power project in the next few years as we see growth prospects in Pakistan very bright in the wake of President Musharraf's economic reforms and achievements", he said.

Sheikh Salam also said the Group in tandem with other business concerns would like to sponsor construction of educational and health infrastructures in the quake zone, adding: "We will take part in Pakistan's development."

Earlier, speaking to leading businessmen and entrepreneurs of the oil-rich Gulf country, Musharraf urged Kuwaiti entrepreneurs to benefit from Pakistan's investor-friendly environment with the country enjoying political stability, improved law and order, and offering bright prospects for business on the back of an expanding economy.

The President said Pakistan has overcome the effects of terrorism that hit the region for a long time.

He said the country was enjoying more political stability than in the past and all the three tiers of governance - the national, provincial and local - were enjoying harmony.

Musharraf noted with satisfaction the strides Pakistan's economy has made in the recent years, and said each and every element of economic assessment is positive.

The country's foreign exchange reserves have increased tremendously, exports are on the rise and its international ratings have notched up many places, he added.

The President said that as a result of increase in per capita income Pakistan's low-income group has entered into a middle-class group.

Referring to the growing confidence of the international business community in Pakistan and its economic strength, the President said the world capital market responded tremendously to the Euro and Islamic bonds, floated last year.

Highlighting Pakistan's success in its fight against terrorism, he said the country has overcome the negative impacts of the menace that hit the region for a long time. Musharraf said it was not affecting Pakistan's business relations with the world and many foreign companies were operating in the country and earning high profits.

Even the country's internal situation in the past did not impact the working and profitability of these foreign companies, he added. In this context, the President added that travel advisories vis-à-vis Pakistan were absolutely misplaced. President Musharraf identified textile products, bedwear, surgical and sports goods, food and vegetables which Kuwait could import from Pakistan.

Pakistan's textile goods export to the world was around 4 billion dollars while Kuwait's textile goods import from the country was merely 10 million dollars that could be increased, he added.

The President underlined Pakistan's business-friendly environment that offered lucrative and unparalleled incentives and a level-playing field to both local and foreign investors. The economic regime was working in a transparent manner with strong regulatory authorities; almost all sectors of economy were open to investment; investors could have 100 percent equity; there was no bar on remitting dividends; and the cost of doing business was low, he said. He said liquidity in banks was also helping investors to raise required resources for their projects. The President asked Kuwaiti businessmen to benefit from these incentives and particularly identified energy and power sectors where they could also work in joint ventures with their Pakistani counterparts.

Pakistan was focusing on energy and power projects to meet growing requirement of its economy in both industrial and agriculture sectors, he added.

He also asked Kuwaiti entrepreneurs to set up oil refineries in Pakistan that was strategically located at the crossroads of South Asia, Central Asia and the Gulf region. The President identified telecom as another potential sector for investment and told the business leaders about the growing teledensity in the country. He said the number of mobile-phone users has increased from 600,000 a few years ago to nearly 18 million.

Pakistan's agro-based industry, food and vegetable and fisheries sectors also offer attractive and profitable business to the foreign entrepreneurs, he added.

Musharraf assured the businessmen all support, saying he would personally meet the leading investors to address any bureaucratic hurdles in way of investment.

Neo

KUWAIT (December 05 2005): President General Pervez Musharraf on Sunday said Pakistan would continue its journey on the path of high economic growth, despite soaring oil prices and devastating earthquake of October 8.

"Pakistan's economy is doing very well and the rising prices of oil in the international market and the October 8 earthquake will not have any negative impact or retard its upward swing," he told the Kuwait-based Pakistanis on the second day of his visit to the Gulf country.

Musharraf gave an overview of the country's economy, which registered 8.4 percent growth during the last fiscal year with the government targeting 6 to 8 percent growth in the next five years. He said Pakistan's economy was stable and all economic indicators were positive.

Referring to the growing confidence of the foreign entrepreneurs in the country's economy, the President said Pakistan received 1.5 billion dollars investment this year, while the government was eyeing to increase it to three billion dollars in the next few years.

Pakistan's exports were on the rise and from 7.86 billion dollars a few years ago, the country was touching nearly 17 billion dollars in exports this year, he added.

On increasing imports, the President said it was due to the import of machinery, chemicals and metals which showed that industrial activity was picking up pace.

He urged the Pakistani expatriates to send their remittances through banks instead of informal channels.

Musharraf told overseas Pakistanis that as a result of prudent economic policies the gap between earning and spending has been reduced, and the per capita income has increased to 791 dollars.

He was confident that the country would continue its economic upsurge that would help improve the standard of life of the common man.

On infrastructure projects, the President said Pakistan was in dire need of large water reservoirs to keep pace with its industrial and agriculture growth. He said the government was building water reservoirs and canals to meet growing demand for energy and water.

"I will not let Pakistan commit suicide because of paucity of water," he said.

In this regard, he referred to the upraising of Mangla Dam as silting has reduced its storage capacity over the years. The completion of the project would lead to more water and energy.

A project worth Rs 66 billion was under way on the brick-lining of canals that will help minimise water losses.

Underlining the importance of having large water reservoirs for continuing and sustained industrial and agriculture growth, Musharraf said he would soon address the nation to take people into confidence on this vital issue.

The President said that availability of water would help stem poverty in the rural areas and bolster agriculture growth. The government was also aiming to provide electricity to all villages across the country by 2007, he added.

Musharraf reiterated Pakistan's strong commitment to fighting terrorism and said the government would crush terrorist forces.

He asked all Pakistanis to make concerted efforts to root out terrorism.

Endangered

[quote=indianguy4u]Hey u beat me to this news!