ISLAMABAD (APP) Prime Minister Syed Yousuf Raza Gilani on Tuesday said the speculation about reshuffle in federal cabinet was misplaced and no such decision was immediately expected. The Prime Minister stated this while chairing a meeting of the federal cabinet here. The cabinet meeting approved in principle the Gwadar Port Authoritys revised Bill for new corporate structure of the Port. It, however, referred the Bill to Parliamentary Committee on Balochistan for its consideration and to bring it in line with Aghaz-e-Haqooq-e-Balochistan. Besides, members of the Committee, Federal Minister for Port and Shipping and Chief Secretary Balochistan were also included in the panel for the purpose. On austerity measures, the cabinet decided to convene a special meeting to be attended by all the chief ministers who could not make themselves available for Tuesdays meeting due to some pressing engagements. The cabinet would consider recommendations of a committee constituted for the purpose under the chairmanship of Federal Minister for Finance and take a decision. The Committee, which comprised Chief Ministers and Prime Minister of AJK, held two meetings and conducted surveys before finalizing its recommendations. Regarding the procurement, import, gift of armoured and bulletproof vehicles for public and private sector, the cabinet referred the matter to austerity committee headed by the Finance Minister. The cabinet ratified the decisions of the ECC meeting held on November 17. It also ratified an agreement on economic and technical cooperation between Pakistan and Kuwait, which was signed on June 19, 2006. The agreement seeks to further promote and strengthen bilateral economic and technical cooperation between the two brotherly countries. In order to further strengthen economic ties with the brotherly country of Turkey, the cabinet granted ex-post facto approval to signing of MoU between Pakistan and Turkey for establishment of a project office of Turkish International Cooperation Agency. Turkey had pledged $100million during the Tokyo Donors Conference. An amount of $10million has already been disbursed as budgetary support, while the balance of $90million would be spent on development projects/programmes. Turkey has proposed to spend the development assistance through Turkish International Cooperation Agency. The cabinet also ratified an agreement on cooperation in the field of security-related training between Pakistan and Turkey. It approved initiation of negotiations on climate change under the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol. It also approved a broad set of guidelines and parameters for Pakistans position on the matter. The cabinet approved two draft bills titled 'Carriage of Goods by Sea Bill 2009 and 'Sea Carriage Shipping Documents Bill 2009 for submission before the parliament for enactment. The cabinet approved Pakistans accession to the Antarctic Treaty System. Once Pakistan becomes an Acceding State it would get necessary cooperation and support from Antarctic Treaty Consultative parties (ATCP) in launching any future expeditions to Antarctica. It would also get necessary training facilities for Pakistani scientists participation in their joint research programmes, as well as the requisite support and assistance from related international organizations involved in Antarctic Research Activities.