Naval Chief Stresses Combat Readiness Against Maritime Threats
Pakistan Navy Chief Admiral Naveed Ashraf stresses maintaining high combat readiness to counter traditional maritime threats during his visit to Karachi.
Category : Trade Commerce
Pakistan Revises Service Framework for Gerry's UK Ops
Pakistan updates service framework for Gerry's Group UK operations, enhancing trade ties and regulatory compliance.
First TIR Export Consignment Processed to Kyrgyzstan
Pakistan Customs successfully processes the first-ever TIR export consignment from Karachi to Kyrgyzstan, marking a milestone in trade facilitation under the TIR Convention.
Pakistan Exports First Consignment to Kyrgyzstan via Land
Pakistan has dispatched its first export consignment from Karachi's EPZA to Kyrgyzstan via a land route, aiming to boost regional trade ties.
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Saudi EXIM Bank Signs Reinsurance Deal with US Counterpart
Saudi EXIM Bank signed a reinsurance agreement with the US Export-Import Bank to support local enterprises with capital goods and production inputs, enhancing trade ties and supply chains.
Syria Relies on Russian Oil Despite Western Pivot
Syria's oil imports from Russia have surged 75% this year, making Moscow its top supplier despite ties with the West, raising concerns over sanctions and economic vulnerability.
Saudi Date Exports Reach Record $517 Million in 2025
Saudi Arabia's date exports surged to $517 million in 2025, a 14.3% increase from 2024 and 59.5% since 2021, driven by global demand and Vision 2030.
Jordan Domestic Exports Rise 3%, Re-exports Fall in 2026
Jordan's domestic exports increased 3% in Jan-Feb 2026, but re-exports dropped 12.6%, leading to a slight overall decline. Trade deficit narrowed.
Pakistan Opens New Transit Routes for Iran's Third-Country Goods
Pakistan has cleared transit of third-country goods to Iran through new routes, aiming to enhance regional trade amid economic stabilization efforts under an IMF program.
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Oil rises 1% as US-Iran peace talks stall
Oil prices climbed over 1% on Monday as US-Iran peace talks stalled, keeping global supplies tight. Brent crude reached $106.68 a barrel.
PM Boosts Gemstone Exports Using Local Resources
Prime Minister announces strategy to boost gemstone exports by utilizing local resources, aiming to increase foreign exchange earnings and support local miners.
Titanic Tragedy: The Sinking of the Unsinkable Ship
The RMS Titanic sank on April 15, 1912, after hitting an iceberg, killing over 1,500. A reminder of human hubris against nature.
Gwadar Port's $25B Potential Faces Technical, Security Challenges
Pakistan's Gwadar port could boost the economy by up to $25 billion annually, but technical limitations, security concerns, and policy gaps hinder its development as a regional shipping hub.
SCCI Opposes CNG Closures, Hajj Policy in KP
The Sarhad Chamber of Commerce and Industry expressed serious concern over CNG station closures, calling it unconstitutional, and opposed a new Hajj policy requiring police NOCs, urging immediate government action.
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Saudi Arabia's $3B Deposit and Loan Extension Boosts Pakistan
FPCCI President Atif Ikram Sheikh welcomes Saudi Arabia's $3 billion deposit and three-year extension of a $5 billion facility, citing enhanced macroeconomic stability and investor confidence for Pakistan.
Traders Deplore Exclusion of Major Cities in Govt Talks
Business leaders express frustration as the government's consultation on trade policies omits key urban centers, raising concerns about representation and economic impact.
PCDMA, E-Commerce Gateway Sign MoU for Chemical Exhibition
The Pakistan Chemical and Dyes Merchants Association partners with E-Commerce Gateway to boost digital presence for the Chemical Coating Asia Exhibition, enhancing trade opportunities.
Commerce and Climate Officials Align on Food Supply Chain Strategy
Federal Minister Jam Kamal Khan and PM's Climate Coordinator Romina Khurshid Alam met with food sector delegates to integrate trade and climate policies for a sustainable food supply chain, focusing on efficiency and resilience.
Machinery Imports Rise 11.73% in Eight Months in Pakistan
Pakistan's machinery imports increased by 11.73% in the first eight months of the fiscal year, driven by industrial and agricultural demand, indicating economic momentum despite challenges.
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GSP+ Status Vital for Pakistan's Economy, Warn FPCCI Leaders
Zaki Aijaz and S M Tanveer emphasized at a Lahore press conference that GSP+ status enables duty-free exports to Europe, supporting millions of jobs and preventing a $9 billion annual loss if revoked.
Pakistan Cuts Port Dues 60% to Attract Transshipment
The Pakistani government has announced a 60% reduction in port dues at Karachi Port and Port Qasim to attract transshipment cargo, aiming to enhance maritime trade and economic growth.
RCCI Delegation Meets SIFC DG to Discuss Economic Growth
A delegation from the Rawalpindi Chamber of Commerce and Industry met with the Director General of the Special Investment Facilitation Council to address key economic issues and promote business development in Pakistan.
Lahore Chamber Demands Reversal of Illegal Air Cargo Fee Hike
Exporters and business leaders in Lahore condemn a sudden Rs 50/kg increase in air cargo handling charges, calling it illegal and harmful to Pakistan's export competitiveness.
Cement Exports Up 10% in Pakistan, Value Gains Amid Volume Drop
Pakistan's cement exports increased by 10.03% in value to $228.935 million during July-February 2025-26, though quantity fell slightly by 0.59%, with mixed monthly trends reported by PBS.
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Pakistani Oil Tanker MT Karachi Navigates Strait of Hormuz
The first Pakistani vessel to transit the Strait of Hormuz after Iran's closure has reached Pakistan's maritime zone, carrying 80 million litres of crude oil with Navy escort and special Iranian permission.
Exporters Warn Punjab Cess Will Raise Costs
Exporters in Pakistan are warning that a new cess imposed by the Punjab government will significantly increase production costs, potentially harming the country's export competitiveness.
Eid Shopping Booms with Salary Releases Across Pakistan
Retail markets in Pakistan witness a significant surge in activity as Eid-ul-Fitr nears and salaries are disbursed, boosting consumer spending and economic momentum.
Fare Hikes Disrupt Eid Homecoming Tradition in Pakistan
Millions of Pakistanis face disruptions to their Eid homecoming traditions due to significant fare hikes by transport services, impacting travel plans and family reunions.
Punjab-Uzbekistan Trade Pact Expands Investment, Cultural Cooperation
Punjab and Uzbekistan are advancing toward a comprehensive trade agreement to enhance bilateral investment and cultural cooperation, marking a significant step in regional economic integration.
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US Trade Probes Against 16 Partners Spark Global Tensions
The United States has initiated sweeping trade investigations targeting 16 major trading partners, including China, the EU, and Pakistan, under Section 301. China condemns the move as unilateralist, warning it could disrupt global trade rules and economic
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