ISLAMABAD: A Turkish delegation comprising businessmen has conveyed its keenness to forge stronger bilateral trade ties with Pakistan, primarily in the fields of real estate, construction, mining, education and tourism. The delegation, which included Hashim Group Chairman Haşim Süngü and Ege Yapı Executive Board Member Alpay Çepni, visited the Islamabad[...]

ISLAMABAD: While bilateral trade volume between Pakistan and Poland has seen an increase of half a billion euros, Poland Ambassador to Pakistan Piotr A Opalinski believes that there is still plenty of room for more. Addressing the business community in a visit to the Islamabad Chamber of Commerce, Opalinski said[...]

WASHINGTON: The United States intends to send 15 trade delegations to Pakistan next year to explore possible avenues for expanding trade with the country, says Assistant Secretary of State Alice Wells. The information came from a paper Ms Wells recently read at a Washington think-tank, Wilson Centre, focusing heavily on[...]

ISLAMABAD: Prime Minister Imran Khan has highlighted the need to formulate and adopt ‘long-term’ trade policies to significantly improve the country’s economic conditions. The premier insisted that Pakistan was struggling with economic challenges due to the absence of long-term policies. “China is progressing by adopting long-term strategies… now we are[...]

ISLAMABAD: The Ministry of Planning, Development and Reforms has authorised a release of Rs667.296 million to fund various new and ongoing projects of the Revenue Division under the Public Sector Development Programme (PSDP) for the current fiscal year 2019-20. According to the latest data released by the ministry, the government[...]

ISLAMABAD: Pakistan’s imports registered a 19.21% decrease in the first four months of the current fiscal year, amounting to $15.32 billion as compared to $18.96 billion over the corresponding period last year. According to data provided by the Pakistan Bureau of Statistics (PBS), the decline in value of imported goods[...]

ISLAMABAD: Hungarian Ambassador Szabó István has propounded the signing of a memorandum of understanding (MoU) between the Hungarian Export Promotion Agency (HEPA) and Trade Development Authority of Pakistan (TDAP). In a meeting with Adviser to Prime Minister on Commerce Abdul Razzak Dawood on Wednesday, the envoy apprised the adviser of[...]

ISLAMABAD: Pakistan and Japan have the potential to double the figures of current bilateral trade and consequently improve their economic ties, said Japan’s Ambassador to Pakistan Kuninori Matsuda. The envoy said that the two countries are looking for increasing bilateral cooperation in agricultural-based industry and value addition, with Japan already[...]

Baku: President Dr Arif Alvi on Saturday held a meeting with Nepal's Prime Minister Khadga Prasad Sharma Oli on the sidelines of 18th Non-Aligned Movement Summit in Baku. According to a statement issued by the minister, both leaders agreed to enhance bilateral trade ties and expressed their desire to expand[...]

LAHORE: The European Union will assist the local textile industry to work towards ensuring sustainable growth of the country’s textile sector. “Pakistan needs to prepare itself to meet the challenges of sustaining the Generalised System of Preference Plus (GSP+) status so as to avail the opportunities of increasing exports to[...]