ISLAMABAD: Indonesia has agreed to expand the quota and period for import of fruits from Pakistan under the preferential trade agreement, an official told Dawn on Thursday...
Pakistan’s exports to Indonesia have dropped by almost $100 million ever since the implementation of preferential trade agreement (PTA), whereas, Indonesia’s exports have almost doubled during the post preferential treaty...
LONDON: A consortium behind a liquefied natural gas (LNG) import project in Pakistan, including oil giant ExxonMobil, France’s Total and Qatar Petroleum, has been dissolved, shipping company Hoegh LNG said on Thursday...
Hoegh LNG was due to supply the project’s ship-based import terminal, a floating storage and regasification unit (FSRU), where LNG brought in by tanker is converted back to gas to feed into Pakistan’s grid...
Federal minister for Petroleum and Natural Resources says that Islamabad will continue to import liquefied natural gas (LNG) from Qatar under a 15-year agreement, despite the severing of diplomatic ties with Qatar by Saudi Arabia and some other countries...
Shahid Khaqan Abbasi, said Qatar and Pakistan last year signed a $1 billion agreement, under which Qatar's Liquefied Gas Company Limited will sell LNG from 2016 to year 2031 to...
WASHINGTON: The International Monetary Fund (IMF) has warned Pakistan and other oil importers that because of an increase in global prices, their oil bills for 2017 will be almost 30 per cent higher than the last year...
“Any further increases could undermine consumption, increase fiscal risks, and worsen external imbalances,” the IMF warns in its May 2017 Regional Economic Outlook for the Middle East, the Gulf, and North Africa,...
HAMBURG: Pakistani importers have recently purchased about 70,000 tonnes of canola (rapeseed) to be sourced from Canada or Australia, European traders said on Wednesday...
A full vessel consignment of about 50,000 tonnes was purchased for January shipment which can be sourced from Canada or optionally Australia, they said...
KARACHI: Low oil prices on the international market helped Pakistan save around $2...
5 billion in imports of petroleum products during the first four months (July to October) of this fiscal year, according to a latest report of the State Bank of Pakistan (SBP)...
KARACHI: South Korean importers are keen to make Pakistan a hub of raw material supplies for their companies by importing copper, minerals, fruits, cotton, yarn and textile clothing...
“The trade volume between Korea and Pakistan is dismally low at $1...
KARACHI: The Philippines has offered to import 50,000 tonnes of rice from Pakistan to help it meet its goal of importing an aggregate volume of 805,200 tonnes of rice under its minimum access volume (MAV) for this year...
The total import volume comprises 755,200 tonnes of country-specific quota (CSQ) and 50,000 tonnes of omnibus origin volume...
The United States (US) remained the top export destination of Pakistani products during the fiscal year 2015 (FY2015) while China was the top import destination from where goods were traded into the country...
93 billion were exported during the year, according to a Pakistan Business Council (PBC) report...
ISLAMABAD: Pakistan and Azerbaijan will sign an inter-governmental agreement (IGA) to facilitate import of oil and gas products from the former Soviet nation after arrival of President Ilham Eliyev on Tuesday, said Petroleum Minister Shahid Khaqan Abbasi...
Asked about the possible routes for import of oil and gas products from a nation bounded by the Caspian Sea and Caucasus Mountains, the minister said trade was possible through...
ISLAMABAD: Minister for National Food Security and Research Khusro Bakhtiar on Wednesday expressed concern that Pakistan, which used to export food items, has now been transformed into a food-importing country...
Presiding over a meeting of the Pakistan Agriculture Research Council board, the minister said that the situation was very serious and the threat of climate change was showing signs by creating a colossal damage...
KARACHI: The federal government has been asked to approach Indonesia for issuance of quota for importing kinno from Pakistan...
Waheed Ahmed, Patron-in-Chief of Pakistan Fruit and Vegetable Exporters Association (PFVEA), had informed Commerce Adviser Abdul Razak Dawood that the country’s citrus exports may suffer if Indonesia could not release import quota for the fruit...
ISLAMABAD: As trade with India is under suspension for more than seven months, Pakistan is considering a one-time exemption for import of insecticides from India to fight ongoing locust attack on its agriculture...
Pakistan had downgraded its trade relations with India on August 10 to the level of Israel — no trade at all — in reaction to India’s decision to revoke Article 370 of its constitution that granted occupied Kashmir a...
SINGAPORE: Six companies have technically qualified for an import tender by Pakistan LNG to buy two cargoes of liquefied natural gas (LNG) for delivery in September, according to a notice on the company’s website...
It is unusual for Posco to participate in Pakistan LNG’s import tender and could be the South Korean company trying to expand its third-party trading activities, according to an industry source...
ISLAMABAD: Pakistan is considering extending the period of lifting ban on the import of red kidney beans from Ethiopia on the condition that the SOPs the two countries agreed to observe are fully complied with by the Ethiopian government, Minister for National Food Security and Research Syed Fakhr Imam said on Thursday...
Speaking to Pakistan’s ambassador-designate to Ethiopia Syed Shozab Abbas, the minister said it was important that...