Pakistan News

    Prawin Imports And Exports Of Pakistan

  • Pakistan wheat surplus to cool imports this year

    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...

  • Restrictions on PET imports from Pakistan by EU violated rules: WTO

    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... ...

  • India's state cotton purchases to plummet as Pakistan raises imports

    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...

  • Pakistan's cotton imports to hold near record highs as output dwindles

    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...

  • China urged to encourage imports from Pakistan

    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...

    According to sources, Mr Aziz told the ambassador that China needed to facilitate Pakistani exports to its market as only a few Pakistani products were...

  • Before tax amnesty, Pakistan lacked funds for two-month imports: CJP

    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...

    Now with the amnesty scheme, the situation had improved to such an extent that the government had enough resources to pay salaries of its employees and pensions [of retired employees], he said while heading a two-judge bench that had taken up a...

  • Production and exports of Indian tea decline

    While erratic weather conditions are playing havoc with tea plantations in the two northern states of Assam and West Bengal — which account for more than 75pc of India’s annual tea production — rising costs and declining yields at auctions are hurting the industry’s finances...

    Exports from India — the world’s third-largest tea exporter after Kenya and Sri Lanka — are also stagnating...

  • New varieties in rice output and exports

    SUSTAINABLE growth in food crops is crucial to feed the fast-expanding local food industry and boost export earnings...

    “We’re conscious of such considerations and are trying to ensure that food crops output keeps growing consistently,” says a senior official of the Ministry of National Food Security and Research (MNFSR)...

  • Textile and clothing exports jump 7.33pc

    ISLAMABAD: Pakistan’s textile and clothing products exports revived in August from a year ago, according to the data released by the Pakistan Bureau of Statistics (PBS) on Wednesday...

    However, total exports proceeds from the textile and clothing sector jumped 7...

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