The Green Pakistan Initiative aims to revolutionize the agricultural sector by introducing corporate farming on millions of acres of barren land. It utilizes modern technology and attracts foreign investment to ensure food security and increase agricultural exports.
652
In 2024, Pakistan officially applied for membership in which major intergovernmental organization comprising emerging economies?
Pakistan formally applied to join BRICS (Brazil, Russia, India, China, and South Africa) in late 2023/early 2024. Membership in BRICS is seen as a way for Pakistan to enhance its role in the 'Global South' and access new avenues for economic cooperation.
653
Which organization was established by the Government of Pakistan in 2023 to facilitate foreign investment, particularly from Gulf countries?
The SIFC was established as a 'Single Window' platform to fast-track investment in key sectors including Agriculture, Mining, Information Technology, and Energy. It involves both civil and military leadership to ensure policy continuity and ease of doing business for international investors.
654
Which hydro-electric power project under CPEC, located on the Jhelum River, became fully operational in 2022-2023?
The 720 MW Karot Hydropower Project is the first investment project of the Silk Road Fund. Located on the Jhelum River, it was completed under the CPEC framework and provides clean, renewable energy to approximately 5 million people in Pakistan.
655
How many cargo ships were owned by Pakistan in 2023, according to recent infrastructure data?
According to Worlddata reports, Pakistan owned approximately 60 cargo ships with a gross tonnage over 1,000 in 2023, including bulk carriers and oil tankers.
656
Which international body's 'Customs' agreement signed in 2023 between Pakistan and Russia helps facilitate direct trade?
Pakistan and Russia signed a customs agreement to simplify procedures and enable the electronic exchange of information. This move, based on WCO international standards, is critical for the success of direct maritime and land trade between the two nations.
657
Which international body's 'E-Interpol' project did Pakistan integrate with in 2023 for faster criminal identification?
Pakistan's FIA has modernized its connection with Interpol's global database. This allows for real-time verification of travel documents and criminal records at Pakistani airports, enhancing the country's capacity to prevent transnational crime and terrorism.
658
The 'Green Pakistan Initiative' (GPI) launched in 2023 works with which region's experts for corporate farming?
The GPI is a strategic project under the SIFC that aims to modernize Pakistan's agriculture. It involves joint ventures and investment from Gulf nations (UAE, KSA) who provide high-tech irrigation and capital to convert barren land into productive export hubs.
659
The 'Green Shipping' corridor between Karachi and other global ports is being developed with the help of which body?
The IMO sets the rules for global shipping. Pakistan's commitment to the '2023 IMO Greenhouse Gas Strategy' involves modernizing its ports and shipping fleet to reduce carbon emissions, making Pakistani ports more attractive for eco-friendly global trade.
660
In 2023, Pakistan settled a long-standing legal dispute with Tethyan Copper Company regarding which mining project?
Pakistan successfully settled the Reko Diq dispute in Balochistan, avoiding an $11 billion international penalty. A new agreement was reached with Barrick Gold, paving the way for a $7 billion investment in one of the world's largest untapped copper and gold deposits.
