And exporters are eagerly waiting for the opening of banking channels for expanding trade with the neighbouring country...
They expect exports to Iran surge from the low base of $54m to over $200m during this calendar year with potential to touch $800m next year...
THE low volume of trade between Pakistan and China is not reflective of the economic size of two neighbouring countries...
This indicates there is a huge untapped trade potential in both countries, which can be utilised mainly to enhance welfare of the masses...
9 per cent, according to the first ‘Global Report on the Trade Facilitation and Paperless Trade Implementation Survey’ released on Tuesday...
India tops the South Asian sub-region, with Russia and Turkey leading in Europe and Central Asia...
ISLAMABAD: Iran is working on many infrastructure development projects after the lifting of international sanctions, Tehran’s Ambassador to Islamabad Mehdi Honardoost said on Thursday, urging Pakistan’s private sector to play its role in boosting bilateral trade...
Speaking at the Islamabad Chamber of Commerce and Industry (ICCI), the envoy said that immense potential existed to enhance trade in many areas...
WITH US President Donald Trump apparently hell bent on creating global trade chaos, can Europe and Asia join forces to stabilise the rules-based multilateral trading system?The response from the European Commission last week was “yes, we can” as officials unveiled an ambitious blueprint for revamping the World Trade Organisation (WTO) and a new connectivity strategy to upgrade transport, energy and digital links between Europe and Asia... ...
ISLAMABAD: India and Pakistan have merely scratched the surface of their bilateral trade potential, as a World Bank report released on Monday estimates that trade between the two countries today is a mere $2 billion whereas without trade barriers, this could reach $37bn...
The report, “A Glass Half Full: The Promise of Regional Trade in South Asia” says the lack of normal bilateral trade relations between the two countries affects the...
ISLAMABAD: President Dr Arif Alvi on Friday said that Pakistan and Iran needed to fully utilise the trade potential to enhance bilateral relations...
He briefed the Iranian president on the continuous lockdown and human rights violations in India-held Kashmir, a press release issued by the president’s media office said...
In India, corruption is a tough villain, almost invincible...
Known in India as black money, this parallel economy is estimated by the World Bank to be at least one-fifth the size of India's gross domestic product...
Despite strong political support for reforms, Pakistan still faced a host of challenges hampering its potential growth, forecast at 4...
Addressing a news conference on the opening day of the 48th annual meeting of the bank’s board of directors, Mr Nakao said his institution forecast Pakistan’s growth rate for the current financial year at 4...
HONG KONG: Prime Minister Nawaz Sharif said on Wednesday Pakistan was emerging as a rising and secure country on the track of sustainable growth due to its liberal investment policies...
“Today I present to you a rising, confident and secure Pakistan — a country full of vigour to make its mark in the world,” he told Hong Kong’s top businessmen and corporate leaders at the Pakistan Investment Forum...
Recent data from the Pakistan Bureau of Statistics (PBS) shows a trend that may well be the forerunner of a reversal in Pakistan’s export fortunes...
Added megawatts of electricity to run the newly imported textile machinery is the herald of future export proceeds, according to Stefano Pontecorvo, Italy’s ambassador to Pakistan...
LAHORE: Fit-again Test paceman Mohammad Irfan reckons Pakistan have the potential to win the upcoming five-match One-day International series against Sri Lanka as he hopes to make use of the recent changes made to the limited-overs format of the game...
Irfan admitted that the injury to fellow fast bowler Wahab Riaz had hit Pakistan’s chances but hoped the side will get its act together and win the series in order to ease their...
ISLAMABAD: In what appears to be a big challenge, Pakistan has to harness its potential through appropriate policies and reforms, said Deputy Director General of World Trade Organisation (WTO) Frederick Yonov Agah...
He referred to a vast pool of natural resources, a strategic geographical position and a large, willing and young labour force as potential, but considered its utilisation a challenge because it requires reforms...
Bella Evidente is head of the United Nations Human Settlements Programme (UN-Habitat) in Pakistan...
Q: You’ve worked in Asia, Middle East, Europe and Africa in the course of your career; how does your experience in Pakistan compare?A: My experience in Pakistan is unique in many ways...
KARACHI: Pakistan’s young cricket team led by skipper Sarfraz Ahmed have the potential and the ability to beat Ireland in their debut Test at Dublin on Friday and leg-spinning all-rounder Shadab Khan could well prove to be a match-winner in the match...
Expressing satisfaction at Pakistan’s preparation for the Test that included a fine victory over Northamptonshire this week, Sallu said: “After the washout against Kent, our players...