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Mutual trade between Pakistan and China has exponentially increased during the past decade

CHENGDU: As many as 52 countries, including Pakistan, participated in the 12th Western China International Fair (WCIF) held in Chengdu, the capital city of Sichuan province in central China, where the estimated sale of Pakistani exhibitors reached RMB 5 million despite fierce competition from other Asian countries selling similar products. Around 78 enterprises from Pakistan exhibited their goods at the fair. The crowd was attracted to Pakistani handicrafts, leather goods, furniture, food items including rice and spices as well as gift items.

Talking to the media, Ambassador Masood Khan said the government is making all out effort to increase trade volume between Pakistan and China, particularly for reducing Pakistan’s trade deficit. He said mutual trade between Pakistan has exponentially increased during the past decade
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SBP directed banks to exchange Rs. 500 old design bank notes
KARACHI: The State Bank of Pakistan (SBP) has directed banks to exchange Rs. 500 old design bank notes with immediate effect till last working day of read more

FBR has declared stop-filers of income tax returns as 'high-risk cases for 2011-12
ISLAMABAD: The Federal Board of Revenue (FBR) has declared stop-filers of income tax returns as 'high-risk cases' for 2011-12 where registered persons read more

Pakistan’s finance ministry officials would meet International Monetary Fund officials from November 9-16
KARACH : Pakistan’ s finance ministry officials would meet International Monetary Fund officials from November 9-16 to review the economy and opted read more

ECC given its approval to the controversial Saif City Islamabad Project
ISLAMABAD. The Economic Coordination Committee (ECC) has given its approval to the controversial Saif City Islamabad Project read more

Banking sector neglecting the norms of corporate social responsibility in Pakistan

The business community itself can help in achieving consumer protection.

Priority should be given to the protection of local industry while trading with India

Annex-D Federal Board of Revenue has made it optional

Virtual University is the first university in Pakistan based entirely on modern information and communication technologies

Preference should be given to barter trade system with India

Positive list for trade with India in process

AOTS Japan in collaboration with the Ministry of Industries will impart hi-tech training

NIB Bank announced that it earned a profit after tax of Rs 1.565

Industry should be given top priority

Political Economy

Problems of income disparities in Pakistan (1)

Persistent of inflation a societal disaster

Corruption the root cause of declined economic development

Agricultural Economy

Increasing importance of agricultural economy

The economy of agriculture in Pakistan

Need of information technology for agricultural growth in Pakistan

Featured News

Pakistan never objected Bangladesh in the EU market and his exports to the EU have reached to $16 billion

PESHAWAR: Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has said that objections raised by Bangladesh on GSP plus status given toPakistan by the European Union (EU) are unfounded as Pakistan would never be a threat to Bangladesh apparel industry in that market. Bangladesh has objected the entry of eight items of clothing sector of Pakistan to the EU market in a recent meeting held this week in the European Commission. Chairman APTMA termed the move unfair and said that Pakistan has never objected Bangladesh and instead let it grow in the EU market. As a result, Bangladesh exports to the EU have reached to $16 billion today in clothing sector from merely $2 billion a few years back, he said. Pakistan, on the contrary, has reached to a mere $1.5 billion in a market of $80 billion, he added. Chairman APTMA said Bangladesh has already developed strong inroads to EU due to its Least Developed Country (LDC) status and therefore enjoying a favourable environment and market access.

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