trade

Minister says Pakistan willing to import machinery in exchange for goods

Envoy terms transit trade very important, seeks access to Central Asian markets

Consul general sees massive untapped trade potential in every area

Commerce minister acknowledged the role of the industrial city of Sialkot in economic sustainability of the country

LCCI VP says meagre trade volume of 0.12% should be increased to $2 billion

Unlike Bangladesh and Vietnam, Pakistan has failed to increase exports, leading to burgeoning deficit

Businesspersons says proactive approach in removing barriers to trade a must

Relationship can include liberalising trade, opening up investment avenues

Businessman stresses need for concluding FTA without loss of time

Shehbaz directs envoy to identify further avenues of collaboration to promote Pak-US trade and investment

Fear withdrawal will impact their competitiveness, earnings, sustainability

PBS says gap between imports-exports was recorded at $21.3b, down by $10.6b

Sees potential of enhancing trade in agriculture and agro-products

Bolstered by prospects of lower Russian exports

Diversification will enable country to switch to export of higher value-added products

SCCI says 7,500 trucks stranded on both sides of the Pak-Afghan border

Meeting to be held in Washington DC after eight years

Additional duty on consumer goods will stay till Mar-end to discourage imports

Decline is due to a 38% year-on-year drop in total imports in January 2023

Terminal operators face rapid decline in revenue due to delay in clearance

Development comes after IMF, stakeholders oppose measures

To provide legal framework for businesses, establish formal banking channels

Says balance of trade and remittances likely to be recorded in deficit – not surplus as projected

Inflows may remain $13.8b less than target; trade deficit narrows to $19.6b

ICCI president suggests both countries enter into free trade agreement

Trade leader insists FTA will help remove import, export barriers

Says there is a need to further expedite progress on CPEC

Containers held up at Karachi port as the country grapples with a desperate foreign exchange crisis

Trade to benefit from China’s soft Covid policy, says commercial counsellor

Meeting discussed bilateral border and barter trade, transportation and issues related to imports and exports

Work on Pak-Afghan economic zone underway in Peshawar

Envoy says Ethiopia too has been hit by climate change, but has brought green revolution

Protesters closed branches of various banks; traffic remained disrupted in the area

If Pakistan becomes more protectionist, it will make industry more uncompetitive

Worsening security situation continues to dampen trade enhancement efforts

Poor access to finance, excess regulations and bad taxation system are factors constraining export sector

Pakistan needs to remove export barriers to break vicious cycle

Fear funds may not be enough to pay for imported goods

Shehbaz says establishing business to business contacts would enhance bilateral trade and investment

Two countries aim to enhance trade to $1 billion

Ajman Chamber interested in developing partnerships

Says govt is providing a competitive, fair business environment

Dar says current trade volume between both countries not at the optimal level

Kyrgyzstan offers opportunities for investment in more than 30 projects

Minister Sadiq asks for action plan to develop Pak-Kazakh business potential

Envoy calls Pakistani products better than its neighbours

Envoy says Kyrgyzstan exported 3,000 tonnes of coal to Pakistan this year

Farm produce exports to China reach $730m, but potential is huge

Promote connectivity via road, rail links to boost trade

Envoy asks Pakistan to increase export of IT manpower