Tue, 21-Oct-2025

Unisame perturbed over slow pace of reforms

Unisame

KARACHI: The Union of Small and Medium Enterprises (Unisame) is perturbed over the slow pace of the ministries of industries and production, commerce and finance in taking reforms to overcome the tedious situation being faced by the micro to medium sector (MSMEs), a statement said on Monday. Unisame President Zulfikar Thaver lamented that the Small … Read more

Unisame calls for Trade Diplomacy Cell

Unisame

KARACHI: The Union of Small and Medium Enterprises (Unisame) has suggested Foreign Minister Bilawal Bhutto Zardari to form a Trade Diplomacy Cell (TDC) and adopt the prospective trade agreement between Pakistan and Kazakhstan as ideal and promising and adopt it as a role model for other Central Asian Republics (CARs) too, especially at a time … Read more

Deeper engagement with Central Asia central plank of rebuilding foreign policy: PM

engagement with Central Asia

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that deeper engagement with the Central Asian Republics was the central plank of the government’s aims to rebuild and strengthen foreign policy that was damaged by his predecessor Imran Khan.

Shehbaz Sharif, who returned home yesterday after concluding his visit to Kazakhstan where he participated in Conference on Interaction and Confidence Building Measures in Asia (CICA), said his meetings highlighted Pakistan as a credible partner.

 

“In all my interactions with world leaders, I am forcefully presenting Pakistan as a credible partner ready to do business,” he said in a tweet.

The prime minister said after the Shanghai Cooperation Organization (SCO) meeting last month, the day-long CICA Summit in Astana helped bring Pakistan’s focus back on energy, trade, and regional connectivity.

“South and Central Asia have distinct advantages that we plan to leverage for win-win outcomes,” he said.

During his stay in Astana, the prime minister addressed the world leaders at the plenary meeting of CICA, where he elaborated on the significance of the forum aimed at promoting interaction, understanding, and collaboration amongst countries across Asia.

The prime minister in his speech highlighted Pakistan’s perspective on regional and global issues.

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The Senate is concerned about Pakistan’s growing trade deficit

Senate Body

Pakistan’s trade deficit has jumped to $43.33 billion in eleven months of the current fiscal year. Pakistan’s imports have gone up by 44.28 percent to $72.182 billion in July to May period of FY2021-22 from $50.028 billion in the same period of the previous year. Senate Standing Committee on Commerce on Friday has communicated serious … Read more

Steel bars ADD rise worried senate committee

Agha Steel to provide eco-friendly steel to Gulberg Mall

The Senate Standing Committee on Commerce voiced concern over the rise in anti-dumping duty (ADD) on steel bars. The committee was briefed by a senior official from the National Tariff Commission (NTC) on the commission’s role and budgetary proposals for fiscal year 2022-23. ISLAMABAD: The Senate Standing Committee on Commerce voiced worry on Friday over … Read more

Pakistan eyes greater Central Asian trade benefits 

Pakistan

The emerging regional trade outlook after the US withdrawal from Afghanistan has led to an active engagement between Pakistan and Central Asian Republics. The US defeat in Afghanistan also eliminated the Indian influence in the neighbouring country, which sits at the crossroads to South and Central Asia. Capitalising on this, Pakistan is intensifying trade with … Read more

Chinese investment in Pakistan to expedite once Covid subsides: adviser

Chinese investment in Pakistan to expedite once Covid subsides: adviser

ISLAMABAD: The coronavirus pandemic had restricted the movement of investors, especially from China but it would pick pace once the Covid-19 subsided, a senior government official said. Addressing a conference, organised by the Pakistan-China Institute, Adviser to the Prime Minister on Commerce Razak Dawood said: “More Chinese investors will visit Pakistan to explore the existing … Read more