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Topic: Trade

S Africa keen to enhance trade ties with Pakistan

SIALKOTSouth African high commissioner in Pakistan Mpendula Kumalo has pledged to make an all-out effort to remove all the bottlenecks to promote the bilateral trade between Pakistan and South Africa. Talking to the industrialists and exporters during his visit to some leading industrial units in ...

Gwadar gateway to Central Asia trade: Li

ISLAMABAD - Pakistan and China Wednesday vowed to further consolidate their time-tested ties and signed a number of accords and MoUs, including the one for establishing an economic corridor that would provide air, rail and road connectivity to bolster bilateral trade between the neighbouring ...

arrives trade push
May 22, 2013

Li arrives today for trade push

Lahore - Chinese Prime Minister Li Kiqiang is arriving in Islamabad on a two-day visit today (Wednesday) with assurance to the world community that ‘China will not seek hegemony even when it grows stronger’.In a written interview to the Pakistani media on the eve of his maiden visit as ...

US assistance in energy crisis management, economic/trade sector needed: Dar

Leader of the opposition in Senate, Senator Ishaq Dar met US Ambassador Robin Raphel in his chamber at Parliament house here Wednesday.Both sides discussed bilateral issues and emphasized the need for further enhancing cooperation in various fields. Dar stressed the need for US assistance in ...

Chinese premier visit to further boost trade with Pakistan

lahore - President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Ahmad Malik Monday said that the forthcoming visit of Chinese Premier Li Keqiang to Pakistan would enhance the volume of trade between private sectors of both the countries.The FPCCI chief while talking to ...

‘Effective laws vital to stem illegal illicit cigarette trade’

RAWALPINDI : Illicit cigarette tradeis hampering the economy of Pakistan and it is important for all law enforcement agencies to effectively enforce laws to tackle this menace.  This was stated by Abdul Razaq Cheema CPO Rawalpindi while inaugurating the capacity building training workshop for ...

moc urged add rice iran barter trade
May 20, 2013

MoC urged to add rice to Iran barter trade

KARACHI - The Union of Small and Medium Enterprises (UNISAME) has urged the ministry of commerce (MoC) to include rice in addition to wheat for barter with Iran against electricity and stated that it would be a wise step to re-enter the market for selling country’s popular rice varieties to ...

eu china lose trade war breaks
May 20, 2013

EU, China to lose if trade war breaks out

BRUSSELS - The latest tit-for-tat EU-China trade disputes could signal worse to come but both sides have a lot to lose if things get out of hand and harm the much-needed economic growth they seek, analysts said.In May alone, the two have locked horns over solar panels, steel tubes and telecoms ...

EU cites Chinese telecoms Huawei and ZTE for trade violations

NEW YORK - Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.European Union Trade Commissioner Karel De Gucht said he was prepared to ...

6 committees set up to work for liberalisation of trade with India

lahore - Government wants to work as a team with business community of Pakistan with regards to normalisation of trade with India. This was stated by Commerce Minister, Maqbool H. H. Rahimtoola, who was heading a meeting with the representatives of Pakistani chapter of Pakistan–India Joint ...

Service trade deficit narrows 81pc in 3 quarters

ISLAMABAD : Pakistan services trade deficit narrowed by 80.99pc during the first three quarters of the current fiscal year as exports surged by over 36.94pc with imports showing negative growth of 4.33pc.The overall services’ exports were recorded at $5.336b during July-March (2012-13) ...

dollar holds firm asian trade
May 16, 2013

Dollar holds firm in Asian trade

TOKYO : The dollar held firm versus the yen in Asian trade Wednesday, clinging to recent gains after upbeat US data with analysts saying the greenback could climb higher.On Tuesday, the dollar jumped amid gains in US equity markets and more signs of a US economic recovery, rising as high as 102.40 ...

Sialkot trade bodies pin hopes on victorious N

SIALKOT The Sialkot Chamber of Commerce and Industry and other main trade bodies in the district have greeted the PML-N for its marvelous victory and becoming the biggest party of the country after the May 11 general elections.Addressing a joint press conference held at the SCCI auditorium, the ...

Dollar rally stumbles in Asian trade

TOKYO  - The dollar's rally against the yen stumbled Tuesday as investors looked for concrete signs that the US Federal Reserve would roll back its huge bond-buying programme. The dollar broke through the 102-yen level in Asian trading Monday on the back of speculation that the Fed could be ...

trade deficit shrinks
May 15, 2013

Trade deficit shrinks by 6.75pc

islamabad - In a positive development, the country’s trade deficit decreased by 6.75 per cent during the first ten months of the current fiscal year as exports increased by 4.23 per cent and imports decreased by 1.02pc.The overall exports from the country increased from $19.329 billion in ...

azerbaijan boosting trade ties
May 14, 2013

Azerbaijan for boosting trade ties

islamabad - Islamabad Chamber of Commerce and Industry (ICCI) organised Pak-Azerbaijan Business Forum to highlight the trade and business opportunities between Pakistan and Azerbaijan.Dashgin Sharirov, Ambassador of Azerbaijan, Atadjan N Movlamov, Ambassador of Turkmenistan, Gononov S Sherali, ...

UK committed to long-term trade ties with Pakistan

LAHORE :-The British government is committed to a long-term, productive and friendly partnership with Pakistan and the UK considers Pakistan a long-term strategic partner and will continue to support all its endeavors aimed at expansion of bilateral trade relations. UK High Commissioner Adam Thomas ...

dollar jumps asian trade meeting
May 14, 2013

Dollar jumps in Asian trade after G7 meeting

TOKYO : The dollar broke through the 102-yen level in Asian trading Monday after Tokyo sidestepped criticism over the unit's steep decline at a weekend Group of Seven (G7) meeting in Britain. Speculation that the US Federal Reserve could be the first among major central banks to roll back its huge ...

Yuan closes at record high on strong trade data

SHANGHAI : China’s yuan had its best day of the year on Wednesday after trade data showed export growth beating expectations, highlighting the possibility that firms are manipulating trade invoices in order to skirt China’s capital controls and bet on yuan appreciation. China’s ...

boost pak trade
May 09, 2013

Call to boost Pak-UK trade

karachi - Mohammad Haroon Agar, President Karachi Chamber of Commerce and Industry, has said that Pakistan is the most promising land in the region for the fresh British investment as many British corporations are operating successfully and expanding their businesses across Pakistan and beyond.He ...

Revival of Pak-India trade agreement stressed

ISLAMABAD : The Harvest Tradings CEO Ahmed Jawad has said that to boost trade with the neighbouring country, caretaker government needed to review Pak-India trade agreement. He said that there was not other option than enhancing trade to normalise the bilateral political and diplomatic relations ...

Nigeria and South Africa to discuss boosting trade

abuja - Nigerian President Goodluck Jonathan and his South African counterpart Jacob Zuma will discuss ways to boost trade between Africa's two biggest economies during talks in Cape Town next week.Jonathan will leave Abuja on Monday for a two-day state visit ahead of the World Economic Forum on ...

pak brazil trade expanded
May 05, 2013

Pak-Brazil two-way trade needs to be expanded

karachi - Brazil is the largest trade partner of Pakistan in Latin America. This was stated by President Federation of Pakistan Chambers of Commerce and Industry while meeting with Alfredo Leoni, Ambassador of Brazil to Pakistan. He said that current volume of bilateral trade which is just $102 ...

pakistan palestine boost trade ties
April 30, 2013

Pakistan, Palestine need to boost trade ties

islamabad  - Pakistan and Palestine need to focus on developing bilateral trade cooperation to create better economic opportunities for their people, Walid A.M. Abu Ali, Ambassador of Palestine said while addressing the business community at Islamabad Chamber of Commerce & Industry.He said ...

trade ties pakistan denmark stable
April 29, 2013

Trade ties between Pakistan, Denmark stable

KARACHI : The Ambassador of Denmark to Pakistan, Ole E.Moesby, has termed the trade ties between the two countries is very stable and improved.“We can do more than what we are doing now”, he remarked and added that the trade relations between Denmark and Pakistan can be improved ...

Enhancing trade between Pakistan, Sri Lanka urged

COLOMBO : The High Commissioner of Pakistan in Sri Lanka Qasim Qureshi visited Galle District of the Southern Province of Sri Lanka. During the visit to Galle, the High Commissioner participated in a meeting with the officials of the Galle District Chamber of Commerce & Industry.  The ...

Envoy for strengthening Pak-Egypt trade ties

ISLAMABAD : Pakistan and Egypt have trustworthy political relations and enjoying excellent diplomatic relations, therefore both the countries should also consider to improve economic ties and bilateral trade relations.These remarks were made by Said Mohamed El-Said Hindam, Ambassador of Egypt in ...

Philippine envoy for enhancing trade ties

ISLAMABAD : Great potential exists for expansion in trade and economic relations between Pakistan and the Philippine and the two countries could be successfully tapped through increased contacts between the business sectors. These remarks were made by Domingo Lucenario, Ambassador of Philippine in ...

Traders invited to participate in Kashgar trade fair

ISLAMABAD (APP): Chinese entrepreneurs Tuesday invited  Pakistani businessmen to participate in Kashgar trade fair and other such important events for enhancing bilateral trade and investment between the two countries. “Kashgar Special Economic Zone has attracted a large number of ...

Trade, industry threaten civil disobedience against outages

lahore - The representatives of trade and industry, while threatening civil disobedience because of government’s non-seriousness to control power outages, have urged the authorities to shun discriminatory attitude and provide electricity and gas to the industry in Punjab.President Sahiwal ...

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