Imports

Higher tariff rates on import of intermediate goods stifle Pakistan’s ability to enter global value chains

Textile sector deploring move after domestic cotton production misses target again

Federal Secretary got the status of 'Emerging Pakistan', which was a significant achievement

Traders term it an ‘unwise decision’ as they say it will unleash a new wave of inflation

Enhanced regulatory duties not enough, additional measures including rupee depreciation necessary

Govt levies duties on all types of essential, luxury items including imported cars

This development strategy alone could not be sustained for a long period of time

CPEC is expected to lead to a reduction in logistics costs but will not automatically translate into greater exports

Move meant to promote textile sector; PRGMEA, Dutch textile association to ink MoU

Without revenues from exports, local mills will struggle to pay farmers for new supplies

Govt needs to take steps like rupee depreciation, duty on non-essential imports, dollar bonds

ACE Punjab initiates criminal inquiry against the officials

Modi has vowed to reverse India's dependence on imports by building a local manufacturing industry

Says govt should wait for utilisation of unsold stock

Regulator calls it artificial shortage, says it does not regulate imports

Reaches $20.2b for the highest eight-month deficit in country’s history

Pakistan’s trade statistics reveal new trends about exports

Ministry official says quality of exports huge hindrance to increasing volume of bilateral trade

They already have stock of two million bales in their factories

They are heavily concentrated in mineral products, followed by machinery, iron and steel

Asks petroleum ministry to get the go-ahead from National Security Council

Goods carrier associations claim authorities using loaded containers to block roads in Punjab

Rising imports, falling exports, faltering remittances contribute to deficit

The furniture export at the present level is very nominal and far behind the actual potential

Recommendation made to streamline trade with Afghanistan

However, this has not brought any respite from load-shedding

Imports of iron, steel scrap and power generators rise past $1b

LHC observed that customs official in Lahore lacked jurisdiction in the matter

NAB, FIA conducting investigation into the matter

Duties and taxes on imports increased 182% compared to previous year

Minister says such rumours only benefit certain middlemen

Pakistan's overall cotton imports are seen climbing to at least 4 million bales in the year that started on August 1