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China resumes group tours to Pakistan

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Lifting pandemic-era restrictions, Beijing resumed outbound group tours for its citizens to around 80 countries including Pakistan, announced China’s Ministry of Culture and Tourism on Friday.

The move to expand the number of destinations comes as China’s overseas tourism industry has been on a firm trajectory of quick recovery during the past month, China Economic Net (CEN) reported.

It was the third batch of destinations in China’s pilot program for outbound group tours.

The return of more Chinese travellers is also expected to provide a much-needed boost to the global tourism industry and channel optimism into the global economy, observers pointed out.

“The outbound tourism sector is a market-driven one, and many service products need to be prepared in advance,” suggested Jiang Yiyi, a professor of leisure sports and tourism at the Beijing Sport University.

To enhance Pak-China cooperation in the tourism sector, the Pakistani Embassy in China launched a website called Discover Batie, which contains information about the main tourist attractions in Pakistan and links to the official websites of major museums, malls and hotels.

Gandhara Art Exhibition 

Earlier, a Gandhara Art Exhibition was held at Palace Museum in Beijing, which showcases 173 artefacts come from Pakistan. “It’s a step to tell the Chinese brothers and sisters what Pakistan can offer.” Sardar Muhammad, Consul General of Pakistan in Guangzhou, commented.

“Pakistan is the topographic heaven for tourists. There are snow-covered mountains, lakes, pine trees and waterfalls, which are especially attractive to those who are keen on adventurous tourism. Tour guide training in Pakistan has started to promote tourist visits from friendly countries.” Sardar Muhammad noted Pakistan’s current efforts in promoting travel facilitation.

 Pakistan Tourism Development Corporation (PTDC) Managing Director Rana Aftab said, “The Task Force on Tourism had already been formed to achieve milestones in the tourism sector. We need to ensure a better and more secure environment and ease of travelling for international tourists. We can promote group tourism through registered and licensed tour operators globally, ensuring an amicable environment for international tourists.” 

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Islamic Sukuk Bonds: Government Is Expected To Begin Bond Auction Next Week

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There is now more positive economic news for the people of Pakistan. The government is anticipated to begin the Sukuk Islamic Bond auction next week, after the central bank’s announcement of a large drop in the policy rate.

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SIFC Encourages Green Tourism: Reforming Visas to Increase Investment

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Enhancing investment in the tourism sector, Green Tourism Pakistan’s initiative has received backing from the Special Investment Facilitation Council.

Visa-On-Arrival for 126 countries, Visa-Free Entry for Gulf Cooperation Council nations, and 24-hour expedited visa processing are some of the main features of the Green Tourism Visa Policy.

It is anticipated that these endeavors will draw in about 80 million dollars in foreign direct investment and 8.3 billion rupees in domestic investment.

Green Tourism Private Limited has introduced hunting resorts in Naltar, Hunza, and Skardu, along with four- and five-star city hotels, to improve the tourism experience.

In the first phase of the project, 17 of the 78 areas have seen the start of development activity.

Approved is a central authority for Green Tourism that will supervise the growth of Air Operations.

To promote Religious Tourism, extra precautions have been taken to guarantee the security of visitors from all religions, including Sikhs and Buddhists.

Furthermore, in order to improve the quality of the tourist experience, the green guide quality program has been introduced to supply top-notch tour guides.

There is now a deluxe bus excursion from Islamabad to Peshawar that promotes local culture.

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July 2024 export data from Pakistan shows a significant rise.

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The Strategic Investment Facilitation Council (SIFC) has been instrumental in improving Pakistani products’ access to international markets, as seen by the significant surge in exports from the country at the start of the 2024–25 fiscal year.

With a 7.26% rise over the same month the previous year, July 2024 exports to the US were $476.017 million. After increasing by 7.74% annually, the United Arab Emirates emerged as the second-largest export destination.

The third and fourth places were occupied by exports to the UK ($183.303 million) and China ($60.100 million). A substantial increase in exports to Afghanistan was recorded in July of this year, rising from $46.262 million to $88.065 million, largely due to successful anti-smuggling efforts.

With a combined export volume of $553.951 million, more important export destinations included Germany, the Netherlands, Italy, Spain, Saudi Arabia, and Turkey.

A bright future for the national economy is suggested by the growing confidence major international markets have in Pakistani exports. Through the efforts of SIFC and the government, this greater access to global markets has been made possible.

Pakistan’s economy is predicted to remain stable as a result of the export growth that SIFC has enabled.

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