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In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
Senate session on Friday, 30 September 2022, approved the bill to establish the Export Import Bank of Pakistan for the promotion of international trade. The motion to pass the bill titled “the Export Import Bank of Pakistan Bill 2022” was moved by Dr. Aisha Ghous, Minister of State for Finance and Revenue.
This is a descriptive list of the various trade tariffs and customs duties which apply in Pakistan. Import duty Custom duties are levied according to the rates given ...
TCP is one of Pakistan's most evident profit making public enterprise. Beginning rather modestly with a trade worth around Rs115.763 million in FY 1967–8, TCP registered a turnover of Rs45.16bn and booked after–tax profits worth Rs1.63bn in FY 2009–10. [4]
The Trade Development Authority of Pakistan (TDAP) (Urdu: مقتدرہ ترقی تجارت پاکستان), is an organisation under the Ministry of Commerce and Textile Industry of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. The current Chief Executive of TDAP is Mr. Muhammad Zubair Motiwala. [1] [2]
Pakistan Institute of Trade and Development, formerly Foreign Trade Institute of Pakistan (FTIP) was created in 1989 to provide specialized trainings to officers of Commerce and Trade Group. In 2009 the institute was restructured and it now acts as policy Think Tank also and training center on International trade.
The Pakistan Single Window (PSW) stands as a prominent undertaking spearheaded by Pakistan Customs.Its overarching objective is to diminish the time and expenses associated with conducting business by transitioning Pakistan's cross-border trade into a digital realm, thereby eliminating the need for paper-based manual procedures.
Contrastingly, greater exports from China than from Pakistan caused Pakistan's trade deficit with China to rise from 25% in 2007 to 35% in 2018, or around $13 billion. [ 8 ] [ 10 ] [ 11 ] Phase one also received criticism from domestic producers and business groups in Pakistan.