Tue, 21-Oct-2025

Pakistan and Iran sign new agreements to boost trade ties

Pakistan and Iran sign new agreements to boost trade ties

TEHRAN: Pakistan and Iran signed several agreements on Monday to enhance trade and cooperation, particularly in the agricultural sector. During his visit to Iran, Pakistan’s Minister for National Food Security and Research, Rana Tanveer Hussain, led the delegation and attended a high-level ministerial meeting. He announced that Iran has agreed to buy a large share … Read more

Pakistan signs Free Trade Agreement with GCC

Pakistan GCC

ISLAMABAD: Pakistan and the Gulf Cooperation Council (GCC) have concluded the final round of negotiations on the Pakistan-GCC Free Trade Agreement. Federal Minister for Commerce Dr Gohar Ejaz and Secretary General GCC Jasem Mohamed Albudaiwi signed the joint statement on the successful conclusion and finalization of the FTA negotiations. The final round of the Pakistan-GCC … Read more

Pakistan’s exports to China up 76% in nine months

Pakistan China export

BEIJING: Pakistan’s exports to China have increased more than 76 per cent on a year-on-year basis in the first three quarters (nine months), despite the pandemic, a diplomat said. “We believe that by the end of this year, our exports to China will cross $3 billion and that will be one of our highest-ever exports … Read more

FTA with Pakistan likely to be finalised by end of 2021: Thai envoy

ISLAMABAD: The Free Trade Agreement (FTA) between Pakistan and Thailand is expected to be finalised by the end of the current year, a diplomat said. The process of dialogue between the two countries has been slowing down during the Covid-19 pandemic period, Ambassador of Thailand to Pakistan Chakkrid Krachaiwong said. The first idea for an … Read more

Dubai Customs opens Trader Export Report service 

DUBAI: The service will help businesses overcome the challenges to meet best trade and customs facilities and enhance compliance, abidance and revenues under the trade activity in Dubai. The service launched virtually in the presence of Ahmed Mahboob Muabih, Director General of Dubai Customs, and Khalid Ali Al Bustani, Director General, FTA, along with Dubai … 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

Budget 2021-22: Senate committee to increase government employee pay by 10% to 20%

Budget 2021-22

Karachi: In the budget 2021-22, the Senate Standing Committee on Finance unanimously suggested that government employees’ pay be increased from 10% to 20%. Senator Taleh, the Chairman of the Senate Standing Committee on Finance and Revenues, convened a meeting on Monday at Parliament House to finalize budget recommendations for the years 2021-22. Senator Sherry Rehman … Read more