Pakistan Exports Fall 38%, Industry at Risk
Pakistan's exports have plummeted by 38%, triggering a dire warning from the BMP of potential industrial collapse. Urgent government action is needed to avert an economic crisis.
Category : Trade Commerce
Italy Allocates 10,500 Job Quotas for Pakistani Workers
Pakistan secures 10,500 jobs in Italy over three years in a major EU labor market breakthrough. Opportunities in healthcare, agriculture & more for skilled workers.
SCCI Seeks Funds for Peshawar Expo Centre Project
The Sarhad Chamber of Commerce urges the KPK government to release allocated funds to complete the long-delayed Peshawar Expo Centre, a key project for trade and economic growth.
China's $250 Billion Latin America Investment Strategy
China invests $250 billion in Latin America, challenging US influence. A strategic move with global implications for trade and diplomacy. Read the full analysis.
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Trump Criticizes EU Digital Laws, Vows US Action
Former US President Donald Trump vows to retaliate against Europe's stringent new digital regulations targeting tech giants like Google and Meta, calling them unfair to American companies. Read the full story.
Rs197 Million in Smuggled Vehicles, Goods Seized
Pakistan Customs authorities have confiscated 19 non-duty-paid vehicles and a large cache of smuggled goods valued at Rs197 million in a major crackdown. Details inside.
Pakistan's Major Arms Export Deal with Libya
Pakistan finalizes a landmark multi-billion dollar defense export agreement to supply conventional arms to Libya, marking a significant boost for its military industry and export strategy. Read the full details.
China imposes up to 42.7% tariffs on EU dairy
China imposes provisional duties up to 42.7% on EU dairy imports, seen as retaliation for EU electric vehicle tariffs. Trade tensions escalate. Read the full analysis.
Punjab, Mauritius to Enhance Trade & Economic Ties
Punjab CM Maryam Nawaz and Mauritius envoy Munsoo Kurrimbaccus agree to boost bilateral trade, investment in agriculture, tourism, and tech. Read details.
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Karachi Customs Seizes Rs36.5m in Smuggled Iranian Fuel
Karachi Customs recovers 64,578 litres of smuggled Iranian diesel and petrol, seizing a vehicle in a major intelligence-led operation. The total value of the seizure is Rs36.5 million. #Pakistan #Customs #Smuggling
LCCI, Coating Association Sign MoU to Boost Exports
LCCI President Faheemur Rehman Saigol highlights untapped export potential in non-traditional sectors like coatings. A new MoU aims to drive cooperation and policy support for growth. #PakistanExports #Trade
Jam Kamal Vows to Address Chaman Business Community Concerns
Federal Minister Jam Kamal Khan vows to resolve key issues for Chaman's business community, including trade and infrastructure. Read about the government's commitment to economic stability at the border.
SAPM Dasti Meets Chaman Chamber on Trade Issues
Special Assistant to PM Jamshed Dasti met with Chaman Chamber of Commerce to address trade, border, and infrastructure challenges. Key decisions were made to boost local economy.
Thai Envoy Calls for Early Finalization of Pak-Thai FTA
Thailand's Ambassador to Pakistan, Chakkrid Krachaiwong, urges the Islamabad Chamber of Commerce & Industry to advocate for the swift conclusion of the Pak-Thai Free Trade Agreement to boost bilateral trade and investment.
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US Halts UK Tech Deal Amid Trade Dispute
The US has stalled the landmark £31bn Tech Prosperity Deal with the UK, citing trade barriers. The move follows frustrations over digital rules and food safety regulations. Read more.
Larkana Chamber Seeks Fair Encroachment Removal, Traffic Fixes
Larkana Chamber of Commerce calls for equitable anti-encroachment action and traffic reforms. PPP's Tariq Anwar Sial pledges support for city development. Federal Ombudsman opens new regional office.
Pakistan, Azerbaijan Seek Tangible Trade, Investment Outcomes
Pakistan and Azerbaijan are actively working to translate their robust political relationship into concrete trade and investment partnerships, focusing on energy, IT, and defense sectors. Explore the future of this strategic alliance.
Govt Enhances Monitoring of Precious Metals Trade
Pakistan's government intensifies scrutiny on precious metals and real estate to fight money laundering and terror financing. New SBP system aims to address IMF concerns. Details inside.
LCCI: Rate cut positive, single-digit interest essential
Lahore Chamber of Commerce President Faheem-ur-Rehman Saigol calls SBP's 50bps policy rate reduction a positive step. He warns high costs are forcing industries abroad and demands urgent relief for business. #PakistanEconomy #LCCI
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Pindi Food Fest starts Dec 12 at Ayub Park
The Rawalpindi Chamber of Commerce & Industry hosts the 4th Pindi Food Fest from Dec 12-14. Featuring 70+ stalls, it empowers SMEs & women-led food businesses. Join for food, music & family fun!
Senate Approves Agri-Trade Bill for Export Growth
Pakistan's Senate passes the Agricultural Trade Bill 2024, aiming to streamline exports, establish a new authority, and boost the economy. Learn about the key provisions and political debate.
Pakistan, Poland to Boost Economic Ties via Joint Ventures
Pakistan and Poland aim to unlock vast economic potential through joint ventures in IT, agriculture, and green energy. Business leaders discuss enhancing trade and investment.
Transporters Support Strike Over High Diesel Prices
Transport associations across Pakistan pledge support for a nationwide strike on July 15-16, protesting soaring diesel prices and demanding government intervention to reduce costs.
Customs Reforms Speed Up Dry Port Checks to One Day
Chief Collector Customs Naveed Elahi announces increased staff and scanners at dry ports to finish checks in a day, curb bribery. LCCI welcomes faceless assessment system reforms.
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Customs Prevents Rs167m Revenue Loss to Exchequer
Pakistan Customs intercepts a major smuggling attempt, preventing a Rs167 million loss to the national treasury. Details on the seized goods and the ongoing crackdown.
Pakistan, Canada Tackle GM Canola Trade Procedures
Climate Change Minister Dr Musadik Malik meets Canadian High Commissioner Tarik Ali Khan. Talks focus on streamlining GM canola trade, HS code clarity, and digital upgrades for transparency. Read more.
Pakistan, Egypt Strengthen Economic Partnership
Pakistan and Egypt agree to enhance bilateral trade, aiming for $1 billion. Key sectors include agriculture, IT, and textiles. Explore the new economic roadmap.
Shipping Costs Jump After Black Sea Tanker Attacks
War risk insurance rates spike after Ukrainian naval drones hit two tankers near Russia's Novorossiysk port, disrupting crucial Black Sea trade routes for grain and oil. Industry experts warn of escalating maritime risks.
Pakistan-Russia Trade Hits $1.04B, Potential Untapped
Explore the shifting Pakistan-Russia relations, from a $2.8bn export potential to strategic energy deals. Discover the challenges and opportunities for a transformative partnership.
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Pakistan Targets Asian Green Supply Chains Integration
Pakistan's government announces comprehensive strategy to integrate into Asian green supply chains, focusing on sustainable manufacturing and export growth. Learn how this move will transform Pakistan's economy.
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