Govt’s trade liberalisation plan faces pushback from industries ahead of budget announcement: report
Ministry of Industries warns against immediate tariff cuts on finished goods, citing risks to key sectors; proposal to be discussed in the upcoming National Economic Council meeting.
Pakistan’s trade deficit with nine neighbours widens 35% to $9.8 billion in 10 months
Exports grow to Bangladesh, Afghanistan, Sri Lanka but imports surge from China, India, Bangladesh
Pakistan records $2.5 billion trade surplus with USA for FY2024-25, finance minister tells NA
Pakistan's exports to the United States reached $4.4 billion, with a trade surplus of $2.5 billion, while imports totaled $1.9 billion during FY2024-25 up to March
FBR imposes 10% processing fee on Afghan transit trade
Fee will apply to five new categories of products, including agricultural tools, cranes, electronic scrap, and data machines; aims to curb illegal trade
Pakistan’s exports fall 17.66% to $2.18 billion in April, imports rise 16.22% to $5.61 billion
Exports increased slightly to $26.8 billion while imports recorded $48.29 billion in the first ten months of the ongoing fiscal year
Afghan transit trade trucks cross into India via Wagah border despite heightened tensions
Five trucks carrying dry fruits from Afghanistan cleared for entry after a delay at the Wagah-Attari border due to diplomatic and security issues
Pakistan to slash import taxes by Rs120 billion in new budget, aims for trade liberalisation
Proposed tax cuts will reduce the number of tariff slabs from five to four, with a maximum rate of 15%, down from the current 20%Â
Trade is key reason behind Pakistan, India ceasefire, says TrumpÂ
US president says he told both countries that if they don't stop fighting, there will be no trade
Global shipping firm imposes ‘Emergency Operational Recovery Surcharge’ on Pakistan trade amid rising tensions
Several shipping companies are now contemplating suspending direct calls to Pakistani ports due to the escalating risk of war, sources sayÂ
Senate body urges MoC to resolve barter trade issues with Iran, Russia, and Afghanistan
Committee asked exporting industries to go for automation of trade
India bans imports from Pakistan amid tension over tourist killings
Directorate General of Foreign Trade says the ban will take effect immediately
Pakistan loses Rs3.4 trillion annually to illicit trade, smuggling, and counterfeit goods
Report highlights 30% or Rs1 trillion loss is linked to the misuse of the Afghan Transit Trade; Ranked 101st out of 158 countries, Pakistan lags behind regional peers such as India and Sri Lanka to combat illicit tradeÂ
Pakistan allows 150 Afghan trucks to enter India through Wagah border
Move aims to strengthen ties with Afghanistan as part of a broader diplomatic effort
India-Pakistan trade faces new blow after Kashmir attack, diplomatic rift
Trade worth billions of dollars through third countries like UAE and Singapore could also be affected, potentially driving up the prices of medicines, tea, and fertiliser in Pakistan
US collects $611 million in tariffs on Pakistani goods in FY24 as new reciprocal Trump tariff looms
Pakistan collected around $157 million in duties on US imports in FY24; textiles sector could face higher duties in FY25, report says