Latest news with #ITA
Business Recorder
20 hours ago
- Business
- Business Recorder
Italian Republic Day: Message from Salvatore Parano, Italian Trade Commissioner for Pakistan
It is with great pride that I extend my greetings to the readers of this special supplement, commemorating the Italian National Day set to be celebrated on June 2nd, 2025, in Islamabad and Karachi. As we navigate through the complexities of rising trade policy uncertainty and rapid surge of tariffs, the role of trade promotion becomes increasingly vital. International trade statistics show that over the last hundred years, the growth in commerce has outpaced the economic growth. Today, trade promotion is becoming increasingly important for the gdp growth and complex to manage. The Italian Trade Commission (ITA) office in Islamabad has been fully operational in the last 18 months and, together with a dedicated desk in Karachi, has been meeting the needs and requirements of the business sector of our two economic systems. The Italian Trade Commission (ITA) is the national trade and investment promotion agency whose duty is to develop, facilitate and promote the international competitiveness of italian companies, with particular emphasis on the needs of small and medium sized businesses. In Pakistan, the Italian Trade Commission has always worked under the auspices of the Embassy and the Consulate of Italy to enhance the existing trade relations between our two countries. Pakistan's goods and services trade with Italy witnessed a robust surplus during fiscal year 2024. Trade surplus came in at €558.633 million in FY2024 against €666.110 million a year ago, showing moderate decline of 16,1%. The Overall italian exports to Pakistan stood at € 467.158 million during 2024 against imports of €1,025.991. On a year-on-year basis, exports to Italy decreased 6,2% while imports from Italy increased 9.04%. We look forward to increased interaction between Italy and Pakistan in the years to come and for Italy to become major stakeholder in Pakistan's industrial growth and development, not only in terms of provider of technology for Pakistan manufacturing units but also in terms of quality standards of fast moving consumer goods in which Italy has a worldwide reputation and can represent a win-win best practise for Pakistani partners and new products. Opportunities for the bilateral Trade: Currently, our industrial system is increasingly focusing its attention on the Asian region, with a particular emphasis on Pakistan. Through our privileged position, we are able to identify and often anticipate the significant commercial and economic opportunities that Pakistan can offer during this transformative phase in the global economy. We aim to share these opportunities with Italian companies, fostering collaboration for mutual benefit. The Italian institutions present in Pakistan have identified three large areas of opportunity to enhance collaboration, benefiting both economic systems: • Product diversification and modernization for export led industries, • Agricultural mechanization and resilience, • Energy generation and efficiency, Pakistani businesses and entrepreneurs are encouraged to connect with the Italian Trade Commission to explore the vast opportunities that await for them. Together, we can build an even more prosperous future for our economic resources. BuonFestadellaRepubblica! (Happy Republic Day!) Copyright Business Recorder, 2025
Yahoo
3 days ago
- Business
- Yahoo
Luxair challenges EU approval of Lufthansa-ITA merger
BRUSSELS (Reuters) -Luxembourg flag carrier Luxair said on Wednesday it had filed a legal challenge before the General Court of the European Union against the European Commission's approval of the merger between Lufthansa and ITA. Luxair said it has no objection to the merger itself but said that as part of the remedies offered by Lufthansa, smaller carriers like Luxair had been sidelined in the allocation of landing slots at Milan Linate airport. In November, the European Commission approved a package of remedies proposed by Lufthansa for the acquisition of a minority stake in Italy's ITA Airways, in which EasyJet, IAG and Air France-KLM would secure more routes. Lufthansa offered the remedies after winning EU antitrust approval in July 2024 to buy 41% of state-owned ITA, the successor airline to bankrupt Alitalia, for 325 million euros ($343.6 million), in a deal designed to boost its presence in the southern European market. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
3 days ago
- Time of India
Ramesh Sharma is first certified drone instructor of Rajasthan Police
JAIPUR: In a first for the Rajasthan Police, Ramesh Sharma, posted at the Intelligence Training Academy (ITA) in Jaipur, became the force's first certified drone instructor. The police aim to strengthen technical capabilities by establishing a drone research centre and forensic lab at the ITA. Sharma cleared the Remote Pilot Instructor Course conducted by the Directorate General of Civil Aviation (DGCA), Govt of India, in New Delhi on his first attempt. Officials noted the significance of this feat, citing the course's low pass rate of just 22%. The initiative was led by Director General (Intelligence) Sanjay Agrawal in view of increasing drone activity along Rajasthan's international borders and also because of the ongoing plans to strengthen technical capabilities by establishing a drone research centre and forensic lab at the ITA. Sharma, who also heads the IT cell at the academy, was selected for the specialised training programme in New Delhi. According to police officials, the DGCA's Remote Pilot Instructor Course is mandatory for those who wish to train other drone operators. Additional SP Shalini Saxena of the ITA said that the course equips instructors to work at certified Remote Pilot Training Organisations (RPTOs), allowing them to legally train drone pilots in line with DGCA norms. Sharma's appointment is seen as a milestone in enhancing the force's in-house technical proficiency.
Yahoo
5 days ago
- General
- Yahoo
Michigan State tennis star named All-American for third straight year
In case you didn't know, Michigan State tennis has an absolute star on its roster. Ozan Baris has been near the top of the collegiate tennis world since he first showed up to East Lansing, and he hasn't slowed down. On Wednesday, it was announced that Baris is an ITA (Intercollegiate Tennis Association) All-American for the third straight year. The ITA grants All-American honors to student-athletes that advanced to the round of 16 at the NCAA Individual Championships, or who finished in the last top 20 of the ITA singles rankings (which were published last week). Baris accomplished both this year. Advertisement Michigan State tennis now has seven All-Americans in their history, and Baris accounts for three of those, making him the most accomplished MSU tennis star in program history. The Spartans went 17-10 this season and made it to the second round of the NCAA Tournament for the second straight year. They had not reached the tournament since head coach Harry Jadun was a sophomore back in 2012-13. Most impressively, Baris made it to the title match of the NCAA Individual Championships last fall, where he was the runner-up, losing to National Champion Michael Zheng of Columbia. Contact/Follow us @The SpartansWire on X, and like our page on Facebook to follow ongoing coverage of Michigan state news, notes, and opinion. You can also follow Andrew Brewster on Twitter @IAmBrewster. This article originally appeared on Spartans Wire: Michigan State tennis star named All-American for third straight year
USA Today
5 days ago
- Sport
- USA Today
Michigan State tennis star named All-American for third straight year
Michigan State tennis star named All-American for third straight year Ozan Baris remains at the top of the collegiate tennis game. In case you didn't know, Michigan State tennis has an absolute star on its roster. Ozan Baris has been near the top of the collegiate tennis world since he first showed up to East Lansing, and he hasn't slowed down. On Wednesday, it was announced that Baris is an ITA (Intercollegiate Tennis Association) All-American for the third straight year. The ITA grants All-American honors to student-athletes that advanced to the round of 16 at the NCAA Individual Championships, or who finished in the last top 20 of the ITA singles rankings (which were published last week). Baris accomplished both this year. Michigan State tennis now has seven All-Americans in their history, and Baris accounts for three of those, making him the most accomplished MSU tennis star in program history. The Spartans went 17-10 this season and made it to the second round of the NCAA Tournament for the second straight year. They had not reached the tournament since head coach Harry Jadun was a sophomore back in 2012-13. Most impressively, Baris made it to the title match of the NCAA Individual Championships last fall, where he was the runner-up, losing to National Champion Michael Zheng of Columbia. Contact/Follow us @The SpartansWire on X, and like our page on Facebook to follow ongoing coverage of Michigan state news, notes, and opinion. You can also follow Andrew Brewster on Twitter @IAmBrewster.
