10 h. ago Chinese commerce minister, EU trade commissioner discuss EV, trade

BEIJING: Chinese Commerce Minister Wang Wentao talked with EU Commissioner for Trade and Economic Security Maros Sefcovic on Thursday via video link, the Ministry of Commerce said in a post on Friday. The two sides conducted in-depth and professional exchanges on areas of China-EU economic and trade cooperation, including trade remedy cases such as the […]

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19 h. ago PM Shehbaz orders leasing of ships to cut $4 billion sea trade loss

ISLAMABAD – Prime Minister Shehbaz Sharif has instructed the Pakistan National Shipping Corporation (PNSC) to lease additional ships in order to strengthen its fleet and reduce heavy sea trade losses. During a high-level meeting on Friday, the prime minister reviewed the current operations of PNSC. The session was attended by Economic Affairs Minister Ahsan Iqbal, […]

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9 d. ago China, U.S. agree on framework to implement leaders’ consensus

LONDON: China and the United States have agreed in principle on the framework for implementing the consensus reached by the two heads of state during their phone talks on June 5 and at Geneva talks last month, said Li Chenggang, China’s international trade representative and vice commerce minister, on Tuesday. He made the remarks when […]

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1 week ago CDC, commissioner reaffirm commitment to polio eradication efforts

KARACHI: A delegation from the US Centers for Disease Control and Prevention (CDC) Polio Branch met with Commissioner Karachi Syed Hasan Naqvi to discuss ongoing efforts toward polio eradication in the city. Led by Dr. Richard Franka, the delegation emphasized the importance of maintaining momentum in the fight against polio, with continued CDC technical assistance […]

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1 week ago Jam Kamal launches PharmEx Pakistan to boost pharma exports to $3 billion

Federal Minister for Commerce Jam Kamal Khan has announced the near-launch of PharmEx Pakistan. This is a new Pharma Export Promotion Council under the Trade Development Authority of Pakistan (TDAP). The minister praised the sector’s growth and promised full government support. He said the pharmaceutical industry has strong potential to grow exports. While speaking at […]

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2 w. ago Commerce ministry distances itself from smuggling role, calls for joint national effort

The Ministry of Commerce (MoC) has stated that it does not handle or maintain data related to smuggling and illegal trade in Pakistan. During a Senate sub-committee meeting, the ministry instead recommended a “Whole-of-Government” approach to effectively tackle the issue, emphasizing that it requires collaboration across multiple government departments. Additional Secretary for Trade Policy, Salman […]

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2 w. ago Another round of conflict with India seems remote, but we must be vigilant: Dar

Deputy PM says ceasefire remains intact, but political rhetoric from Indian leadership continues to stir tensions Reiterates Pakistan was open to dialogue — especially on counter-terrorism Terms visit to Iran ‘especially positive,’ saying both countries agreed to boost bilateral trade to $10b, maintain peace in the region ISLAMABAD: Deputy Prime Minister and Foreign Minister Mohammad […]

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2 w. ago Pakistan, Afghanistan move closer to finalising key UAP railway deal

ISLAMABAD – Pakistan and Afghanistan have agreed to fast-track the finalisation of the framework agreement for the Uzbekistan-Afghanistan-Pakistan (UAP) Railway Line Project, aiming to boost regional connectivity and trade. Deputy Prime Minister and Foreign Minister Ishaq Dar discussed the matter with Afghan Acting Foreign Minister Amir Khan Muttaqi in a phone call on Sunday. Both […]

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2 w. ago China, Sri Lanka sign new cooperation agreements, deepen economic ties

COLOMBO: China and Sri Lanka have taken steps to deepen economic and trade cooperation, signing key agreements and exploring additional investment opportunities during the 8th meeting of the China-Sri Lanka Joint Trade and Economic Commission held in Colombo, according to China’s Ministry of Commerce. Chinese Commerce Minister Wang Wentao and Sri Lankan Minister of Trade […]

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3 w. ago UK delegation praises Sindh’s efforts to curb climate change

Secretary Environment, Climate Change and Coastal Development Sindh, Agha Shahnawaz Khan, held a meeting with a delegation from the British High Commission to discuss climate change, issues facing coastal areas, and preemptive measures to tackle natural disasters. The delegation included British High Commission Second Secretary Noam Rosenbaum and Head of the Humanitarian Aid Team Namra […]

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3 w. ago Tariff talks begin: Pakistan and US aim to avert trade fallout

ISLAMABAD, May 30, 2025 — Pakistan and the United States have officially started negotiations on bilateral tariffs, aiming to reduce trade tensions and strengthen economic ties. The Ministry of Finance announced the development in a press release issued on Thursday. The talks were held via teleconference between Pakistan’s Federal Finance Minister Muhammad Aurangzeb and the […]

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3 w. ago Pakistan, Ethiopia explore student exchanges and joint research in higher education

ISLAMABAD: Ethiopia’s Ambassador to Pakistan, Dr. Jemal Beker Abdula, met with Higher Education Commission (HEC) Chairman Dr. Mukhtar Ahmed on Friday to discuss opportunities for bilateral cooperation in the higher education sector. The meeting aimed to strengthen ties and promote academic collaboration through various initiatives. Held at the HEC Chairman’s office in Islamabad, the discussions […]

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3 w. ago Sri Lanka sentences two former ministers to 25 years in prison for corruption

COLOMBO – A Sri Lankan court has sentenced two former ministers from ex-President Gotabaya Rajapaksa’s administration to lengthy prison terms after finding them guilty of corruption involving millions in public funds. The Colombo High Court found former Sports Minister Mahindananda Aluthgamage and former Trade Minister Anil Fernando guilty of misusing 53 million Sri Lankan rupees […]

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3 w. ago Jam Kamal showcases Pakistan’s trade potential at Expo 2025 Osaka

Federal Minister for Commerce Jam Kamal Khan spotlighted Pakistan’s rich trade potential and export diversity during a high-profile press conference at Expo 2025 Osaka. Speaking to media representatives from over 40 countries, the minister underscored the importance of value-added exports, international collaboration, and sustainable resource utilization—highlighting natural products like Pakistan’s renowned pink salt. The Pakistan […]

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3 w. ago Sindh, federal govt push motorway projects to boost trade links

In a major push to improve trade routes and port access, Sindh Chief Minister Murad Ali Shah and Federal Communication Minister Aleem Khan led a high-level meeting to fast-track key road projects. The focus was on speeding up the long-delayed M-6 Motorway, launching the proposed M-10 freight corridor, and resolving traffic bottlenecks that are affecting […]

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