In a major blow to the Pakistani economy, the United States imposed a 29 % tariff on Pakistani goods, which is expected to lead to a billion dollars loss to the country. As the Ministry of Commerce stated. Despite this setback, the United States is expected to continue facing a billion dollar trade deficit with … Read more
Dhaka: The clothing sector in Bangladesh-the artery of life in its economy-suffers from a huge commercial shock after US President Donald Trump imposed a 37 % cruel tariff on ready-made Bangladesh clothes (RMG). Industry leaders warn that the repercussions may paralyze the largest export engine in the country, at a value of $ 8.4 billion … Read more
The salt exporters in Pakistan have caused warnings of the last rise in US President Donald Trump’s tariff, describing it as a possible disaster for their makers. The SMAP Association has warned that this step threatens the 60 % market share in salt imports in the United States, undermining the competitiveness of prices and reducing … Read more
On Friday, Prime Minister Shaybaz Sharif affirmed the commitment of Pakistan to strengthen relations with the European Union, which confirms the continuous benefits of the generalized plan for the preferences plus (GSP+) for both sides. The Prime Minister praised the mutual relations, and this highlighted this during a meeting with the European Union Ambassador, Dr. … Read more
The government decided to stop using methyl bromide immediately to evaporate rice shipments, allowing imported countries to make evaporation according to their own standards. This shift in politics, expected to help the exporters of Pakistani rice, will help reduce export costs and improve competitiveness in global markets. Methyl bromide is a wide spectrum evaporation used … Read more
IslamabadPakistan’s exports witnessed an increase of 7.22 % during the first seven months of the current fiscal year, reaching 5,448 trillion rupee compared to 5.081 trillion rupees in the same period last year, according to the Pakistani Statistics Office (PBS). The temporary figures issued by PBS show that exports during January 2025 amounted to 822,732 … Read more
Pakistan exported a record of 189,000 tons of oven oil in January 2025, which represents an increase of 113 % compared to the same month last year and an increase of 47 % from December 2024. This increase comes with the country’s energy sector continues to reduce its dependence on oil The oven is due … Read more
Islamabad: After a short rest period, rice exports in Pakistan stopped again due to the incompetence of the Plant Protection Department (DPP). Sources claim that non -technical officials have been appointed to major positions, which leads to a severe delay in issuing the requirements for export. As a result, they were cut off shipments in … Read more
Pakistan’s exports to five Central Asian Republics decreased by 17 % in the first half of the 2014-25 fiscal year, even as imports from the region increased and the expansion of the trade deficit. Despite high -level diplomatic connections and transit trade agreements, Pakistan’s trade with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan have not yet … Read more
The Ministry of Commerce accused both rice exporters and officials from the Ministry of Plant Protection (DPP) of collusion to clarify the below level rice shipments that were subsequently intercepted by the European Union (European Union). According to a news report, the issue was raised during a meeting of the Permanent Committee for National Trade, … Read more