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The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. [1] The bank was registered in Luxembourg with head offices in Karachi and London. A decade after opening, BCCI had over 4000 branches in 78 countries and assets in excess of US$ 20 billion, making it the ...
After Bangladesh (erstwhile East Pakistan) seceded from Pakistan in 1971, diplomatic ties between the two nations were not established until February 1974, when Pakistan recognised Bangladesh. [4] On 24 July 1976, the Bangladeshi government inaugurated a Trade Commission office in Karachi, thus establishing its diplomatic presence in the city.
Pakistan, in 2022, had a (GDP nominal) of around US$377 billion and (GDP PPP) of around US$1.512 trillion, according to trading economics. [1] This value can be further divided into the unit levels (GSP), providing an outlook of how much value each unit contributes to the national GDP. Pakistan has traditionally followed a "top-down" approach ...
The Bangladesh Liberation War in 1971 resulted in the secession of East Pakistan as the People's Republic of Bangladesh. Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial.
Pakistan and the United States established relations on 15 August 1947, a day after the independence of Pakistan, when the United States became one of the first nations to recognize the country. The relationship between the two nations has been described as a "roller coaster" characterized by close coordination and lows marked by deep bilateral ...
The Government of Pakistan (Urdu: حکومتِ پاکستان, romanized: hukūmat-e-pākistān) (abbreviated as GoP), constitutionally known as the Federal Government, [a] commonly known as the Centre, [b] is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, consisting of four provinces and one federal territory.
Karachi Agreement. The Karachi Agreement of 1949 was signed by the military representatives of India and Pakistan, supervised by the United Nations Commission for India and Pakistan, establishing a cease-fire line in Kashmir following the Indo-Pakistani War of 1947. [1] It established a cease-fire line which has been monitored by United Nations ...
August 30, 2024 at 5:46 AM. By Gibran Naiyyar Peshimam and Sumit Khanna. KARACHI/AHMEDABAD (Reuters) -Coastal towns and cities in India and Pakistan braced for a rare August cyclone on Friday, as ...