Cabinet critiques Ministry of Commerce, recommends privatisation of TDAP, expo centres
Rightsizing committee identifies inefficiencies in trade missions abroad, recommends reforms across federal ministries
Russia, Central Asia eye Pakistani ports for trade, says Minister for Maritime Affairs
Pakistan’s maritime sector sees 25% profit growth; plans underway for $1.33 billion in port investments
Pakistan’s exports reach $16.561bn , trade deficit stands at $11.172bn in H1 FY25
Imports rise 6.11% to $27.733 billion in first six months of FY25 from $26.137 billion in the previous year
Tariff concessions announced on imports from seven countries under Preferential Trade Agreement
Reduced customs duties to take effect from January 2025 on goods from Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, and Turkiye
Pakistan’s trade deficit with neighbors surges 48%, exports to Europe rise 14% in five months
Rising imports from China widen deficit; EU becomes key export market
Pakistan-US trade hits $6.3 billion in 10 months
FPCCI targets $14 billion in bilateral trade; IT exports to US cross $1 billion mark
FBR announces tariff concessions on imports under Pakistan-Azerbaijan trade agreement
Concessions on hazelnuts, apricots, copper wire, and oil drilling equipment from December 16
Govt approves 80% Chinese-owned Export Processing Zone in Balochistan
Siah Dik Copper Project to span 4,208 acres; IMF grants exception to EPZ policy; project to unlock export potential of region’s mineral resources
Pakistan’s food trade resumes after three-day suspension due to FIA crackdown
Department of Plant Protection restarts issuing phytosanitary certificates
Agricultural trade comes to a halt at Pakistan’s ports after FIA arrests nine DPP inspectors over rice exports to the EU
The issue arose when the Prime Minister gave orders for the arrest of the DPP officials over alleged mismanagement of Basmati exports to the European Union.
Afghanistan urges KP govt to abolish transit trade levy
Consul General criticizes Infrastructure Development Cess, calls it a violation of Geneva Convention
Trade deficit with the Middle East increases 10.87% in July-October
Exports to the Middle East increase to $1.082bn, and imports rise to $5.863bn in the first four months
Pakistan authorizes Azerbaijan vehicles for international transit cargo operations
All transport operators and Customs clearing agents handling transit goods must open and maintain a “Revolving Insurance Guarantee PD Account” with Customs
China sanctions 13 U.S. firms involved in $385 mn Taiwan arms deal
China views Taiwan as its territory and opposes international interactions with its leaders
PM Shehbaz announces $500 million from surplus sugar exports
FBR’s digitization marks a significant milestone in the government’s key economic reforms, says Shehbaz