Islamabad: BAT (BAT) called on the government to reconsider the imposition of heavy taxes on non -smoking products, including fumes, and to take stronger measures against illegal cigarette trade. The company warns that the government may lose 34 billion rupees in tax revenues in the current fiscal year due to the expansion of the black … Read more
Prime Minister Shehabz Sharif is scheduled to start a two -day official visit to Azerbaijan on February 24, where he will participate in high -level discussions aimed at strengthening trade relations and securing agreements in the energy and infrastructure sectors. During the trip, Pakistan and Azerbaijan are expected to sign major agreements, including the establishment … Read more
One month after his second term, US President Donald Trump suggested that a new trade agreement with China is “possible”, despite the escalation of economic hostilities between the largest economists in the world. Speaking on Air Force One on Wednesday, Trump referred to the 2020 trade agreement between the two countries and hinted at the … Read more
Pakistan and Azerbaijan have taken a major step towards strengthening economic and commercial relations with the opening of the Chamber of Commerce and Industry, Pakistan. The new platform is expected to facilitate investment and increase trade cooperation between the two countries. The Minister of Investment, Privatization and Communications, Abdel Alam Khan, along with the Ambassador … Read more
US sanctions on Russia should not affect the oil trade in Moscow with India, and Russia’s Deputy Energy Minister Pavel Sorokin said on Tuesday that it is very early to assess the impact of the latest restrictions. India is still the largest buyer of Russian oil saving to the sea after Western countries imposed sanctions … Read more
The Federal Minister of Trade, Kamal Khan, met with the Organization of Islamic Cooperation (OIC), Secretary -General of Husitin Brahim Taha in Jeddah, to explore ways to enhance economic, commercial and development relations between member states Organization of the Islamic Conference. During the meeting, Khan again affirmed Pakistan’s commitment to deeper communication with the Organization … 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 Senate’s Standing Committee was informed that 600 trucks carrying commercial goods were stuck on the Iranian border due to the requirements of import documents. The committee discussed the Senator Anousha Rahman, and the delay in the trade -off trade with Iran and the challenges faced by the merchants. According to media reports, committee member … Read more
IslamabadThe trade deficit in Pakistan expanded by 18 percent on an annual basis (YOY) in January 2025, to reach $ 2.3 billion, up from $ 1.96 billion in the same month of the previous year, according to the data issued by the Pakistani Statistics Office (PBS) on a day Monday. In January 2025, exports witnessed … Read more
The FPCI Chambers of Commerce and Industry Federation signed a Memorandum of Understanding (MOM) with the Chamber of Commerce and Industry in a scene to enhance bilateral trade to 10 billion dollars. According to officials, the agreement aims to increase exports between the two countries and enhance economic cooperation. The signing ceremony was held in … Read more