Acting President Syed Yousuf Raza Gillani was visited by Mr. Mistuhiro Wada, the Japanese ambassador to Pakistan, in Aiwan-e-Sadar, Islamabad.

The meeting covered topics pertaining to cultural exchange, people-to-people contact, and bilateral cooperation.

Speaking at the event, Yousuf Raza Gillani stated that Pakistan values its connection with Japan.

From Doha, Ishaq Dar, the deputy prime minister and foreign minister, presided over a Zoom meeting of the Cabinet Committee on Privatization.

With a primary focus on the divestment of Pakistan International Airlines Corporation Limited, the committee discussed a number of important matters during the discussion.

The committee approved the reference price for the sale of 60% of the shares of Pakistan International Airlines Corporation Limited, as suggested by the Privatization Commission Board, following extensive deliberations.

A bid of 10 billion rupees has been made by the Consortium to privatize Pakistan International Airlines.

There is only one bid from the Blue World Consortium.

The Blue World City Consortium has been the only group to submit documentation.

Through circulation, the Federal Cabinet will approve the reserve price of PIA.