Imports of US aircraft helped push Japan to a trade deficit in May, official data showed onMonday, but experts said it was a temporary effect not linked to ongoing trade tensions...
Japan's imports rose 14...
In the oil sector, 35,000 barrels per day oil production was added from the new and total production crossed for the first time 100,000 barrels per day...
About 900 million cubic feet per day gas was added from new discoveries which, despite depletion effect of old fields, enabled the system to maintain the indigenous gas production above 4,000 mmcfd...
KARACHI: Pakistan has imported over six million tonnes of wheat from July 2020 till September at a cost of over $2 billion to bridge the demand and supply gap in view of short local production...
Total imports stood at 3...
0-magnitude earthquake struck off the southwestern coast of Japan early Saturday, authorities said, with a small tsunami observed on one island but no major damage reported...
The US Geological Survey (USGS) put the epicentre of the shallow quake about 160 kilometres from the town of Makurazaki in southwestern Japan...
TOKYO: Japan and the EU signed a sweeping free trade deal on Tuesday saying they were sending a “clear message” against protectionism, as Washington puts up barriers and threatens a trade war...
The deal signed in Tokyo is the largest ever negotiated by the EU and creates a massive free trade zone, eliminating tariffs for everything from Japanese cars to French cheese...
LONDON: Wheat surplus in the country is likely to mean little appetite for imports this year, although it will purchase more oilseeds due lower crop prospects, a leading local trader said...
In November last year, the country imposed a 20 per cent import duty on wheat to help protect local farmers from imports, leading to the cancellation of some of the import deals...
KARACHI: The World Trade Organisation (WTO) said on July 6 that the measures adopted by the European Commission against the import of Pakistan’s polyethylene terephthalate (PET) — a chemical used in manufacturing mineral water bottles — violated the rules of the global trade body...
The European Commission imposed a five per cent countervailing duty in 2010 on the import of PET from Pakistan in order to protect European producers... ...
MUMBAI: The Indian government's purchases of cotton are set to plunge 89 per cent in the 2015/16 marketing year as local prices have jumped after crop failures forced neighbouring Pakistan to raise imports from the world's biggest producer of the fibre...
The increase in shipments to Pakistan, Bangladesh and Vietnam will help India trim spending on cotton buys by nearly 140 billion Indian rupees ($2 billion) in the year that started...
MUMBAI: Cotton imports by Pakistan are expected to remain near record-high levels in the year to July 2017, as erratic weather forces farmers in the world's fourth-biggest producer to trim area under the crop, industry officials said...
A supply crunch in Pakistan, at a time when back-to-back droughts have taken a toll on output at top producer India, could boost global cotton prices from their current near 11-month highs...
KARACHI: Saudi Arabia has banned shrimp imports from Pakistan, a worrying development for the Marine Fisheries Department (MFD) as other countries may follow suit...
Pakistan exported about 2,016 tonnes of seafood (valued at $7...
Pakistan has suspended cotton imports from its top supplier, India, saying shipments failed to fulfil phyto-sanitary certification, threatening the $822 million-a-year trade, government and industry officials told Reuters...
Traders say rising hostility between the neighbours might have prompted Pakistan to restrict imports...
ISLAMABAD: Pakistan has formally asked China to encourage its products — mainly the eatables — into its market to contain tilted expansion in bilateral trade and focus on future administration of the China-Pakistan Economic Corridor (CPEC) after completion of ongoing projects...
“Hardware side of the CPEC project is being implemented, but we also need to focus on the software side that includes policies, agendas and strategies,” Mr...
ISLAMABAD: Chief Justice Mian Saqib Nisar revealed on Wednesday that Pakistan did not have enough funds to cater for the imports of two months prior to the launch of the tax amnesty scheme...
The chief justice observed that the funds generated through recovery from the loan defaulters would be utilised for construction of dams in the country...
ISLAMABAD: Pakistan’s food import bill grew by 53...
550 billion year-on-year during the 11 months of the current fiscal year (11MFY21) mainly due to sugar, wheat, palm oil and pulses imports to bridge the shortfall in domestic production of agriculture produce...
ISLAMABAD: The International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank, and Pakistan on Wednesday signed an agreement under which the former would make available $761...
The facility has been made effective immediately and ready for utilisation by Pakistan State Oil Company Ltd (PSO), Pak Arab Refinery Ltd (Parco) and Pakistan LNG Ltd (PLL) for import of oil and gas...