China says world trade system not perfect, needs reform

China is locked in a bitter trade war with the United States and has vowed repeatedly to uphold the multilateral trading system and free trade, with the WTO at its centre

China welcomes U.S. invite for trade talks, Asian markets relieved

The Trump administration had invited Chinese officials to restart trade talks, the White House’s top economic adviser said on Wednesday, news that gave a lift to Asian stocks, including Chinese shares and the yuan currency

Pakistan yet to implement TIR convention signed in 2015

MoC, FBR, Communication still have conflicting rules for simplifying international road transport ISLAMABAD: In spite of over three years delay, Pakistan has yet...

Pak-Indonesian bilateral trade to jump to $9bn by 2019: envoy

FAISALABAD: The quantum of bilateral trade between Pakistan and Indonesia is expected to jump to $9 billion by 2019, said the Ambassador of Indonesia,...

Surgical instruments, cutlery, chemicals July exports register decline

Staff Report ISLAMABAD: Surgical goods and medical instruments worth US$28.548 million were exported during the first month of the ongoing financial year –...

Exports of transport services rise by 5.74pc to $977.470mn

ISLAMABAD: The transport services by Pakistan in other countries increased by 5.74 per cent during the financial year 2017-18 compared to last...

Pak, China agree to ensure 3rd-country participation in CPEC

ISLAMABAD: Realigning the goals of the China-Pakistan Economic Corridor (CPEC), Pakistan has introduced new targets of socio-economic and regional development under this...

Intellectual Property Organisation Pakistan all set to change image after past failures 

ISLAMABAD: With the ongoing developments brought about by the China Pakistan Economic Corridor (CPEC), the registration of new companies and intellectual property...

China’s August trade surplus with U.S. widens to record $31 billion

China’s large trade surplus with the United States has long been a sore point in relations and is at the centre of an increasing bitter dispute between the world’s two biggest economies

Sale of high-speed diesel slides down by 150,000 tonnes per month

ISLAMABAD: Sale of high-speed diesel (HSD) has witnessed a massive decline by approximately 150,000 tonnes per month in June, July and August...

Gwadar’s development focal point for CPEC: planning minister

Minister for Planning, Development and Reform (PD&R), Makhdoom Khusro Bakhtiar said that China-Pakistan Economic Corridor (CPEC) growth projections and investment thus far...

Pak-Saudi Joint Working Group resolves to strengthen trade, investment

The Pak-Saudi Joint Working Group on Trade and Investment was constituted in the 11th session of Pak-Saudi Joint Ministerial Commission held at...

Russian bus maker Bakulin Motors offers to set up plant in Pakistan

KARACHI: Bakulin Motors Group Holding (trade Mark Volgabus), a Russian Buses Manufacturing group, has offered its intention to the Pakistani government to...

Pakistan neglects tax reforms in drive to improve ease of doing business

ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...