Weekly News

- Jul 19, 2019-

1.Pakistan’s national strike, the political situation is grim

 

On July 12, with the unanimous consent of most trade associations and organizations in Pakistan, Pakistan called for a strike to protest the federal government’s tax plan in the new fiscal year, reporting that this may be the largest since the PTI government took office. test.

 

On the 12th, the Pakistani opposition Islamic Congress Party launched a demonstration in Multan to condemn the federal budget. So far, Imran Khan has been in the prime minister for 9 months. His ruling philosophy is still based on the "anti-corruption" program. Through the National Accountability Office (NAB), the PML-N and PPP continue to attack, resulting in the two parties. Some key "persons" have been jailed or waiting for a high court trial ruling. Former Pakistani President and Mu Meng’s leader were arrested in connection with corruption. It has also set off political waves in Pakistan. Foreign trade freight forwarding companies that have recently exported to Pakistan must pay attention.

 

2. Bangladesh will set up special special economic zones for Chinese enterprises

 

A few days ago, the China Bangladesh Entrepreneur Roundtable Dialogue was held in Beijing. Bangladeshi Prime Minister Sheikh Hasina said at the meeting that the Bangladeshi government will continue to promote the industrialization process, build 100 special economic zones, and set up special The special economic zones hope that Chinese enterprises will seize the opportunity, expand imports from Bangladesh, and actively invest in textile, leather processing, agricultural product processing and other industries to explore new opportunities for cooperation between China and Bangladesh.

 

3. Soaring 10 times! The cost of shipping insurance through the Hormuz Strait has skyrocketed

 

Since May this year, oil tanker attacks have occurred frequently in the waters near the Strait of Hormuz. Affected by this, shipping insurance companies have also raised shipping insurance costs in this area, and the current insurance costs through the Strait of Hormuz have soared to more than 10 times.