Tag: #Trade
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After winning military front, Pakistan must focus economic victory: Speakers
(APP/Web Desk): Since Pakistan Armed Forces have proved their metal in the recent war imposed by India, now it has become inevitable for Pakistan to take effective and viable measures to achieve eminent victory on economic front by exploiting massive opportunities available to it in the wake of historic military hallmark. Promoting trade with the…
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Pakistan Exports Set to Establish Permanent Presence in EU: Pakistan Trade Pavilion, Lisbon Ready to Revolutionize Trade
This opinion has been shared by Kiran Naz. The establishment of The Pakistan Trade Pavilion (PTP), a permanent expo site in the vibrant European capital of Lisbon, strategically addresses the challenges hindering Pakistani manufacturers’ access to the European market, poised to become a game-changer. Azfar Bukhari, a distinguished British-Pakistani figure renowned for his extraordinary endeavors,…
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Pakistan’s Economic Crisis in 2024: An Existential Threat
Introduction: Pakistan faces a formidable challenge in 2024—the looming threat of an existential economic crisis. The nation’s economy is grappling with a myriad of issues, from dwindling exports to soaring inflation and a debilitating debt burden. This crisis, exacerbated by regressive monetary and fiscal policies, poses a severe risk to the country’s economic stability. Caretaker…
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Yuan overtakes US dollar, becomes most-used currency in cross-border transactions
SHANGHAI: Chinese Yuan becomes the most-used currency in cross-border transactions leaving behind the US dollar, according to official data. According to a Reuters report, in March, the Chinese yuan became one of the most widely-used currencies for cross-border transactions in China leaving behind the US dollar for the first time in history. According to official…
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The European Union has become Pakistan’s largest trading partner
A meeting of the Senate Standing Committee on Commerce was held under the chairmanship of Senator Zeeshan Khanzada. In response to a question from Senator Fida Mohammad, the Commerce Secretary told the Standing Committee on Commerce that Pakistan’s exports have not been adversely affected due to being on the gray list. The issue of trade…
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Trade between Afghanistan & China resumes
Trade between Afghanistan and China has restarted, as consignment of Afghan dry fruits reaches China. According to details, China has reactivated direct air trade links to help the Taliban rulers deal with the deepening economic and humanitarian crisis in war-torn neighboring Afghanistan. Air trade between China and Afghanistan has resumed and a large number of…
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FBR offices to remain open for longer hours to aid tax filers
ISLAMABAD: The Federal Board of Revenue (FBR) has extended working hours at all its relevant offices for collecting tax returns to facilitate income tax filers. According to details, a statement issued by the Federal Board of Revenue (FBR) has stated that all the relevant FBR offices would remain open till 12 midnight on September 29…
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Pak-Afghan Trade to be Conducted in Pakistani Rupees
A decision has been taken that the trade between Pakistan and Afghanistan will be conducted in Pakistani Rupees. According to reports, Finance Minister Shaukat Tareen has told the Standing Committee on Finance that Afghanistan fears a shortage of dollars. He said that people could also be sent from Pakistan to run various affairs in Afghanistan.…
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Bilateral Trade with Afghanistan Continues: Abdul Razzaq Dawood
LAHORE: Trade Adviser Abdul Razzaq Dawood has said that the Taliban’s occupation of Afghanistan has not affected trade activities and they are continuing without any stops. Reports state that the United Nations Industrial Development Organization along with Pakistan Footwear Manufacturers Association has inaugurated the Pakistan Footwear Design Hub. Talking to reporters on the occasion, Abdul…
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Pak Afghan trade has picked up along border since Taliban take over
Pakistani official says commercial traffic between the two countries increased after fall of Kabul on Sunday