Tag: #Trade
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China remains top importer among other countries: SBP
ISLAMABAD, Feb 07 (APP):China topped the list of countries from where Pakistan imported different products during the first half of the current financial year (2020-21), followed by United Arab Emirates (UAE) and Singapore. The total imports from China during July-December (2020-21) were recorded at $5730.084 million against the $4878.751 million during July-December (2019-20), showing an…
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NIreland halts post-Brexit border checks over staff safety
Dublin, Feb 2 (AFP/APP):Authorities in Northern Ireland have temporarily suspended border inspections imposed under a contentious Brexit agreement at two ports over staff safety concerns, officials said. Checks on goods moving between Belfast and Larne ports in Northern Ireland and the rest of the United Kingdom began after Britain’s formal exit from the EU. The…
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South Korean Expresses Interest in Various Sectors in Balochistan: Zarkoon
Farman Zarkoon says that South Korea has expressed interest in various sectors in Balochistan.
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Erdogan Wants to Improve Relations with EU
Ankara, Jan 12 (AFP/APP): Turkish President Recep Tayyip Erdogan said on Tuesday he wanted to improve relations with the European Union and was hoping for the same “goodwill” from the 27-nation bloc. A more assertive Turkish foreign policy has rankled EU members, bringing disagreements particularly with Greece in the eastern Mediterranean and France in Libya…
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Nairobi will Remove Barriers Related to Covid to Boost Trade
NAIROBI, Jan 12 (XINHUA/APP): The East African Business Council (EABC), a regional private-sector trade lobby, on Tuesday called for the removal of barriers related to COVID-19 to boost trade among countries in the region. EABC CEO Peter Mathuki said the lowering and harmonization of COVID-19-related charges in the East African Community (EAC) will ease the…
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US Trade Gap Widens
Washington, Jan 7 (AFP/APP): A jump in imports to nearly pre-pandemic levels caused the US trade gap to widen again in November, almost reaching a new record, according to government data released Thursday. Exports also rose but at a slower pace, causing the trade deficit in goods and services to increase by $5 billion over…
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Ericsson Worried about Chinese Retaliation after Huawei Ban
Ericsson is worried about Chinese retaliation after the Huawei ban,
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Vehicles Pass Channel Tunnel Without any Problem
Calais, France, Jan 1 (AFP/APP): Scores of heavy goods vehicles early Friday passed through the Channel Tunnel connecting Britain and France “without any problem”, its operator said, dispelling fears of immediate snarl-ups as Brexit took effect. Almost 200 lorries crossed into France and left the country for the UK after Britain formally left the EU…
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US Tariffs on EU Imports
WASHINGTON, Dec 31 (XINHUA/APP): The United States is adjusting tariffs on certain products imported from the European Union (EU) in a long-time dispute over aircraft subsidies, said the Office of the U.S. Trade Representative (USTR) on Thursday. Washington started to impose additional tariffs on a wide range of European products worth 7.5 billion U.S. dollars…
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How to Avoid in Trade on the Silk Route
ISLAMABAD, Dec 27 (APP): National Logistics Cell (NLC) successfully managed the transportation of stranded containers from Khunjerab Pass to Silk Route Dry Port at Sost in freezing temperature ahead of schedule to avoid further losses to traders. The containers got stranded due to an outbreak of COVID-19. For this purpose, the Khunjerab border was temporarily…