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Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial. The two countries are both founding members of SAARC, as well as members of the Developing 8 Countries, the OIC and the Commonwealth of Nations.
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.
TCP has its offices across various cities of the country including Karachi, Islamabad, Lahore and Multan. [2] [3] Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan.
Sheikh Mujibur Rahman announcing the six points in Lahore on 5 February 1966. The Six point movement (Bengali: ছয় দফা আন্দোলন) was a significant political campaign in East Pakistan, led by Sheikh Mujibur Rahman, advocating for greater autonomy for the region.
The FTA is projected to increase bilateral trade to $5 billion between the years 2016 and 2019 and then to $10 billion by 2022. [4] [5] The free trade agreement between the two countries was expected to be signed before the end of 2016. [6]
The liberalisation methods raised country's GDP growth at 9.38% (1964), 8.71% (1980s) and 8.97% (2004–07). After exclusive establishment of Pakistan, the country's economic policy for the rapid growth of the national economy was deeply understood and extensive efforts were carried out by the government of Prime minister Liaquat Ali Khan in 1947. [2]
Bengalis in Pakistan are ethnic Bengali people who had lived in either West Pakistan or East Pakistan prior to 1971 or live in present-day Pakistan. [2] Most Pakistani Bengalis, are bilingual speaking both Urdu and Bengali and are mainly settled in Karachi .
Karachi is one of the world's fastest-growing cities, [33] and has significant communities representing almost every ethnic group in Pakistan. Karachi holds more than two million Bengali immigrants, a million Afghan refugees, and up to 400,000 Rohingyas from Myanmar. [34] [35] [36] Karachi is now Pakistan's premier industrial and financial centre.