1 hour ago Exporters sound alarm over budget shocks, demand urgent fix from PM

Pakistan’s leading export groups have raised serious concerns over the recent budget changes. They say these changes will damage the country’s $11 billion value-added export sector. The sector includes garments, sports goods, and leather products. It contributes about one-third of national exports and is already under pressure from rising costs. The exporters demanded an urgent […]

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5 h. ago Pakistan’s IT exports see first dip in 19 months despite strong annual growth

Pakistan’s IT exports slightly dropped by 1% year-on-year in May 2025, reaching $329 million. This marks the first yearly decline in 19 months. However, exports rose 4% month-on-month, crossing the 12-month average of $314 million. The daily average in May was $16.5 million, higher than April’s $15.9 million. Despite the dip, exports showed steady performance […]

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33 h. ago PM Shehbaz launches IT training drive to turn Pakistan into regional tech hub

Prime Minister Shehbaz Sharif has launched an ambitious plan to train Pakistan’s youth in modern IT skills. In a high-level review meeting, he stressed the urgent need to build a sustainable and advanced Information and Communication Technology (ICT) system. This system will position Pakistan as a major tech hub in South Asia, capable of exporting […]

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4 d. ago Pakistan, Saudi firm launch $150m minerals complex to boost exports

Pakistan has launched a $150 million minerals processing complex in Punjab province in collaboration with Saudi-based Anfal Group, a private industrial company, aiming to reduce chemical imports and expand mineral-based exports, state media reported on Thursday. The initiative is being facilitated through the provincial government of Punjab and Pakistan’s Special Investment Facilitation Council (SIFC) The […]

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7 d. ago PM Shehbaz calls economic indicators ‘satisfactory’, urges unity for growth

ISLAMABAD: Prime Minister Shehbaz Sharif said that Pakistan’s economic indicators are “satisfactory,” and now is the time to move forward. He highlighted growth in exports, remittances, and IT exports, expressing optimism about Pakistan’s economic direction. Addressing a federal cabinet meeting before the budget presentation, the Prime Minister emphasized the resilience shown by the nation over […]

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7 d. 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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8 d. ago Pakistan’s IT sector booms with record growth in exports and innovation

ISLAMABAD – Pakistan’s Information Technology (IT) sector has emerged as the fastest-growing part of the national economy, according to the National Economic Survey 2024–25 released on Monday. The report highlights impressive growth across exports, freelancing, and tech innovation. IT exports jumped by 23.7% during the fiscal year, reaching $2.825 billion. In March 2025 alone, exports […]

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1 week ago Apparel exporters warn against EFS distortion as it’s lifeline for SMEs

The value-added textile sector has once again raised a unified voice to safeguard the backbone of Pakistan’s export economy—the small

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2 w. ago Textile exporters urge policy reversal to protect $9 billion Industry

Textile exporters have urged the government to reverse recent policies that they say are threatening Pakistan’s $9 billion value-added textile export industry. In a joint letter to Prime Minister Shehbaz Sharif, the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) called for immediate action to resolve […]

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2 w. ago Trump says Pakistani officials coming to US this week for trade talks

US President Donald Trump said on Friday that representatives from Pakistan are coming to the United States next week as Islamabad seeks to make a deal on tariffs. Pakistan faces a potential 29 per cent tariff on its exports to the US due to a $3 billion trade surplus with the world’s biggest economy, under […]

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2 w. ago Trump says Pakistani officials visiting US next week for trade talks

WASHINGTON: US President Donald Trump said that representatives from Pakistan are coming to the United States next week as the South Asian country seeks to make a deal on tariffs. Pakistan faces a potential 29% tariff on its exports to the United States due to a $3 billion trade surplus with the world’s biggest economy, under […]

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2 w. ago China’s export control measures align with international norms: Foreign Ministry

BEIJING: China’s export control measures align with international norms and are not discriminatory nor targeted at any specific country, Foreign Ministry spokesperson Lin Jian said during a regular press conference on Friday. Lin’s comments came in response to a query on the difference between the practices of China and the U.S. China stands ready to […]

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2 w. ago EFS must stay: PRGMEA slams proposal to impose 18% sales tax on exports

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) on Wednesday opposed any move to impose an 18% sales tax on exporters under the Export Facilitation Scheme (EFS), warning that such regressive measures will paralyze the garment export sector, stifle cash flow, and derail Pakistan’s opportunity to capture a significant share of the global apparel […]

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2 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 Pakistan to launch national fisheries policy to boost exports and sustainability

ISLAMABAD: The Ministry of Maritime Affairs is preparing to roll out a National Fisheries Policy aimed at strengthening Pakistan’s seafood sector and increasing its economic and export potential. According to a ministry official, the new policy focuses on creating a sustainable and inclusive fisheries system while promoting international investment. The policy is expected to serve […]

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3 w. ago Pakistan textile council and commerce ministry forge path for export

A delegation from the Pakistan Textile Council (PTC), including Chairman Fawad Anwar and CEO Muhammad H. Shafqaat, met with Commerce Minister Jam Kamal Khan to discuss key challenges facing the textile and apparel sector. They focused on tariff and tax rationalization, energy pricing, and green investments needed to improve competitiveness and sustainability. The PTC leaders […]

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3 w. ago Ceasefire fails to calm trade: Pakistan’s export sector faces setbacks

Despite a fragile ceasefire between Pakistan and India, the country’s export sector remains under pressure. Although the border has calmed, political instability at home and global market challenges continue to create serious problems for exporters. Many buyers remain cautious, with some still delaying or canceling shipments due to lingering fears about regional security. Exporters are […]

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3 w. ago PHMA urges govt intervention as Sindh protests disrupt exports

Raising serious concerns over the ongoing unrest and repeated protests across Sindh, the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has strongly urged the federal and provincial governments to take immediate and effective measures to restore law and order, ensure safe passage of export consignments, and prevent any disruption or potential looting of goods in […]

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3 w. ago Pakistan aims to boost mango exports to $100 million despite climate challenges

Pakistan has set an ambitious target to export 125,000 tons of mangoes in the 2025 season, with shipments scheduled to begin on May 25, according to the Pakistan Fruit and Vegetable Exporters Association (PFVA). This target represents a significant 25,000-ton increase over the previous year’s exports and is expected to generate up to $100 million […]

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3 w. ago Seafood exports propel Pakistan’s economy, growing 8.4% to $370.9 million

ISLAMABAD, May 21 – Pakistan’s seafood exports have experienced a notable growth of 8.4% during the first ten months of the current fiscal year, reaching $370.9 million. According to the Pakistan Bureau of Statistics, this is an improvement from $342.2 million recorded in the same period last year, marking a positive shift in the country’s […]

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