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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.
Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan. [4] [5] From the year 1980-81, the government decided to remove the monopoly of TCP on imports of the country. [6]
During this period, Pakistan faced a worsening trade balance, with deficits increasing from −831 million Rupees in 1950/51 to −1043 million Rupees in 1959/60. Economically, agriculture grew at an annual rate of 1.6%, while manufacturing expanded impressively at 7.7% per annum during the 1950s.
Iran's President Ebrahim Raisi and Pakistan's Prime Minister Shehbaz Sharif vowed on Monday to boost trade between the neighbouring nations to $10 billion a year, as Raisi commenced a three-day ...
A key northwestern border crossing between Pakistan and Afghanistan reopened Friday after a nine-day closure due to clashes between border forces, officials from both sides said. Pakistan shut the ...
They lead foreign trade negotiations with different countries to secure trade deals. Pakistan has successfully negotiated three Free Trade Agreements (FTAs) with Sri Lanka, China, and Malaysia, as well as three Preferential Trade Agreements (PTAs) with Iran, Mauritius, and Indonesia. Pakistan is also part of SAFTA and ECOTA. Through successful ...
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.
Proceedings from Pakistan's Supreme Court were broadcast live on Monday by state television for the first time, giving an unprecedented view into the workings of an institution that has ...