Pakistan News

    Pakistan Benefit From Foreign Trade

  • Pakistan yet to benefit from Russia’s pivot to Asia as trade falters: report

    But Pakistan’s bilateral trade with such a major regional economy has been minimal of late, averaging out at $420 million a year since 2004...

    But the problem is more acute — the trade between the two countries in 2015 failed to meet even the modest standards, languishing at a mere $381m compared to $454m in 2014, according to a recent research report prepared by the Pakistan Business Council (PBC)...

  • ‘Pakistan should benefit from emergency trade relaxations’

    KARACHI: The country should take full benefit of the relaxations under arrangement of special and emergency clauses allowed by the global trading system under World Trade Organisation, said Federation of Pakistan Chambers of Commerce and Industry Vice President Sheikh Sultan Rehman...

    Speaking at a webinar on “Covid-19: Trade and Trade Related Measures”, he said that the trade and trade facilitated allowances should also be...

  • One-way street: CPEC more about expanding China's growth than benefit for Pakistan

    The China-Pakistan Friendship Highway runs over 1,300 kilometres from the far western Chinese city of Kashgar through the world's highest mountain pass and across the border...

    “China says our friendship is as high as the Himalayas and as deep as the sea, but it has no heart,” said businessman Murad Shah, as he tended his shop in Tashkurgan, 120 kilometres from the mountain pass where trucks line up to cross between China's vast...

  • Pakistan to benefit from providing greater bandwidth to region: report

    ISLAMABAD: A joint report of the Asian Development Bank and the United Nations says Pakistan is in an enviable strategic position given the fundamental importance of international bandwidth supply in determining connectivity...

    The report released by the United Nations Commission for the Asia-Pacific region (ESCAP) says Pakistan along with Iran — the two countries outside the Central Asia+5 group — has the potential to bridge access...

  • PSL can benefit Pakistan youngsters, says Flower

    DUBAI: Former Zimb­abwe captain and ex Eng­land coach Andy Flower said on Sunday the Paki­stan Super League (PSL) Twenty20 competition can benefit the country’s budding players in the same way Indians have benefitted from their league...

    The 47-year-old, who is now looking after Eng­land’s youth side and is serving as Peshawar Zalmi coach in the PSL, said: “I think this tournament will be very good for Pakistan’s youngsters in the way...

  • ‘PSL to benefit Pakistan cricket tremendously’

    LAHORE: With things fast falling in place for the high-profile Pakistan Super League and doubts being put to rest about holding of its opening edition in Doha, Qatar, the league’s two brand ambassadors Wasim Akram and Ramiz Raja on Thursday formally signed their contracts with the Pakistan Cricket Board (PCB)...

    Sounding upbeat about the successful staging of the league next year in February, both the former captains expressed...

  • Fitness camp will not benefit Pakistan cricket team: Abdul Qadir

    ISLAMABAD: Former leg-spinner Abdul Qadir termed Pakistan Cricket Board's (PCB) fitness camp to be useless and stated that it will not provide any assistance to the national side in England...

    Commenting on PCB Chairman Shaharyar Khan's remarks about a lack of education in cricketers being the reason behind the team's decline, Qadir said that top cricketers in the history of Pakistan were not educated...

  • ‘Chinese companies need to explain how CPEC will benefit Pakistan’

    QUETTA: Chinese investors need to spell out how exactly Pakistan will benefit from the China-Pakistan Economic Corridor (CPEC), said political and military leaders at a seminar on Monday...

    Participants claimed that CPEC would be a game-changer for the country and would play an important role in the development of the province and Pakistan...

  • Pakistan first country to benefit from high-quality solar maps: World Bank

    Pakistan has become the first country to benefit from duly validated, high-quality solar maps under a global initiative, allowing it to tap into its renewable energy resources more effectively, the World Bank said in a press release on Tuesday...

    The new solar maps for Pakistan were unveiled today at a workshop hosted by the Alternative Energy Development Board (AEDB) and the World Bank in Islamabad...

  • Pakistan should benefit from its strategic location, says World Bank MD

    ISLAMABAD: The chief operating officer and managing director of World Bank, Sri Mulyani Indrawati, underscored the importance of China Pakistan Economic Corridor (CPEC), saying “Pakistan should effectively take benefit of its strategic location for achieving economic objectives"...

    The World Bank MD said Pakistan has shown great economic progress during the last few years due to the right steps taken by the government; however, she...

  • Consistency in selection will benefit Pakistan team, say Salman and Kamran

    HYDERABAD: Discarded Pakistani duo of Salman Butt and Kamran Akmal observed here on Thursday that neighbouring India displays more consistency in providing opportunities to their cricketers compared to Pakistan where the players get hastily picked and dropped the similar way...

    “After you identify a player’s potential you have to stick with him, but in Pakistan we often induct players in haste and drop them abruptly too,” he...

  • PM Khan says Pakistan can benefit from China's expertise in tackling corruption, poverty

    Prime Minister Imran Khan on Thursday praised China for the way it tackled poverty and corruption, saying China’s expertise will help Pakistan to resolve the issues currently faced by the country, Radio Pakistan reported...

    “Corruption is the biggest enemy of Pakistan, we need special skills to track the white collar crime,” the premier said during an interaction with media persons before leaving for China on a three-day official...

  • PM Imran invites businessmen, investors in US to benefit from economic opportunities in Pakistan

    In a meeting at the Embassy of Pakistan in Washington DC, Prime Minister Imran Khan invited businessmen and investors to benefit from economic and business opportunities in Pakistan...

    According to a post shared by the government's official Twitter account, the premier invited the businessmen to "benefit from the economic and business opportunities afforded by Pakistan's strategic location and the connectivity to the broader...

  • Iran's foreign minister arrives in Pakistan to enhance trade ties

    Iran's Foreign Minister Javad Zarif arrived in Islamabad on Sunday to hold talks with Pakistani leadership on bilateral relations and regional situation, Radio Pakistan reported...

    A 30-member business delegation comprising representatives from economic, trade and business sectors is accompanying the Iranian foreign minister...

  • 3bn people to benefit from CPEC: Dar

    ISLAMABAD: Finance Minister Ishaq Dar has rebuffed India’s objection to the China-Pakistan Economic Corridor (CPEC) and termed it a violation of established norms of international economic relations...

    He was speaking during a meeting on Tuesday with a Chinese delegation led by Dr Baige Zhao, co-chairperson of RDI, a joint Pakistan-China think tank on the CPEC, and Hongyan Zhang, Mayor of Karamay City of Xinjiang...

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