By Asghar Ali Mubarak
ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Trans-actions (CCoIGCT) on Wednesday considered summary of Ministry of Maritime Affairs regarding G2G agreement between the Governments of UAE and Pakistan.
The Committee considered the summary of the Ministry regarding G2G agree-ment between the two countries on Cooperation for the Development of Bulk and General Cargo Terminal at East Wharf at Karachi Port Trust (KPT) under Inter-Governmental Commercial Transaction Act, 2022, said a press release issued here.
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the meeting of the Committee. Federal Minister for Maritime Affairs Syed Faisal Ali Subzwari, Federal Minister for Commerce Syed Naveed Qamar, Federal Minis-ter for Power Khurram Dastgir Khan, Minister of State for Petroleum Musadik Masood Malik, SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Mehmood Pasha, Secretary Finance, Secretary Maritime Affairs, Secretary Law and Justice, Secretary Commerce and other senior officers attended the meeting.
The Committee after detailed discussion, allowed negotiations on Framework Agreement and constituted a committee comprised of the Secretary Law and Jus-tice, Secretary Maritime Affairs, representatives from the Ministries of Foreign Af-fairs and Finance to negotiate the draft framework agreement with the Govern-ment of UAE.
