3 h. ago Pakistan and Vietnam take big step toward boosting bilateral trade

Pakistan and Vietnam have agreed to begin negotiations on a Preferential Trade Agreement (PTA) within this year, aiming to boost trade flows between the two countries. The decision was made during the 5th Joint Trade Committee (JTC) meeting held in Hanoi on Friday, marking the first session of its kind in eight years. The meeting […]

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18 h. ago Dar meets Canadian, Australian and Russian FMs, vows to promote trade, education ties

In meeting with Canadian and Australian FMs, Pakistan’s FM agree to boost bilateral trade, promote academic partnerships KUALA LUMPUR: Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar on Thursday held meetings with Canadian Foreign Minister Anita Anand, Australian Foreign Minister Senator Hon Penny Wong, Russian counterpart, and Sri Lankan Foreign Minister Hon. Vijitha […]

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23 h. ago Yousuf Raza Gilani cleared of nine more TDAP corruption charges

KARACHI: The Federal Anti-Corruption Court in Karachi has acquitted Senate Chairman and former Prime Minister Yousuf Raza Gilani in nine additional cases tied to the Trade Development Authority of Pakistan (TDAP) corruption scandal. With this latest verdict, Gilani has now been cleared in a total of 12 cases linked to the 2009 scandal. Gilani appeared […]

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25 h. ago Pakistan and Russia plan freight train launch in august to boost trade

MOSCOW – A high-level Pakistani delegation met Russian Deputy Prime Minister Alexei Overchuk in Moscow on Thursday to discuss strengthening bilateral ties and new cooperation projects. The delegation was led by Special Assistants to the Prime Minister Syed Tariq Fatemi and Haroon Akhtar Khan. During the meeting, both sides reviewed political dialogue, trade, energy, regional […]

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26 h. ago Pakistan’s trade with Iran grows 18% despite regional tensions

Despite heightened tensions in the Middle East, including the Iran‑Israel conflict, Pakistan’s imports from Iran grew by 18% in the last fiscal year, signaling resilient economic ties between the nations. According to the Ministry of Commerce, Pakistan imported $66 million worth of goods from Iran in June 2025 alone, maintaining steady trade through geopolitical disruptions. […]

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45 h. ago Pakistan and Türkiye pledge stronger ties, eye $5 billion trade goal

Prime Minister Shehbaz Sharif met with Türkiye’s Foreign Minister Hakan Fidan and Defence Minister Yasar Guler in Islamabad to discuss strengthening bilateral ties. The high-level meeting emphasized achieving the shared goal of boosting bilateral trade to $5 billion. Both sides reaffirmed their commitment to deepening cooperation across various sectors. According to an official press release, […]

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51 h. ago Pakistan, Türkiye vow to strengthen strategic ties, expand trade

ISLAMABAD – Deputy Prime Minister and Foreign Minister Ishaq Dar reaffirmed on Tuesday that Pakistan and Türkiye shared a unified

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3 d. ago Pakistan looks beyond traditional markets as TDAP approves export expansion plan

The Trade Development Authority of Pakistan (TDAP) on Monday approved a series of strategic initiatives aimed at boosting the country’s export competitiveness and diversifying market access during its 12th board meeting held in Islamabad. The meeting, chaired by Federal Minister for Commerce Jam Kamal Khan, was attended by senior government officials and members of the […]

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3 d. ago Pakistan, Afghanistan begin key talks to boost trade and fight terror

Pakistan and Afghanistan held important talks in Islamabad on Monday to improve trade, transit, and regional security. These talks were the first under a new Additional Secretary-Level Mechanism. The initiative follows a visit by Pakistan’s Deputy Prime Minister to Kabul in April. Both sides agreed to continue cooperation for peace and development. Ambassador Syed Ali […]

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4 d. ago Digital framework developed to regulate Pakistan’s barter trade

KARACHI – A digital framework has been developed for overhauling Pakistan’s barter trade mechanism with countries such as Russia, Iran,

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4 d. ago TDAP launches new export strategy with focus on emerging markets and global outreach

The Trade Development Authority of Pakistan (TDAP) has rolled out a fresh set of initiatives for FY 2025-26 aimed at boosting the country’s exports and strengthening its presence in global markets. These steps include participation in over 120 international exhibitions, export training programs, and “Made in Pakistan” exhibitions in Ethiopia and Bangladesh. The initiatives were […]

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6 d. ago Pakistan, Azerbaijan agree to boost trade and investment cooperation

Prime Minister Shehbaz Sharif on Friday met with President of Azerbaijan Ilham Aliyev on the sidelines of Economic Cooperation Organization (ECO) Summit in Khankendi, Azerbaijan. During the meeting, the two leaders agreed to enhance their cooperation in the fields of trade and investment while expressing satisfaction over the progress made regarding the investment prospects. Both […]

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6 d. ago Pakistan, Russia to enhance road and rail links for regional trade

ISLAMABAD: Pakistan and Russia have agreed to strengthen road and rail connectivity between their countries via Central Asia to promote regional trade and economic cooperation. This agreement was made during a bilateral meeting between Federal Minister for Communications Abdul Aleem Khan and Russian Deputy Minister of Transport Andrey Sergeyevich Nikitin, held on the final day […]

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7 d. ago  US sanctions firms in Pakistan, India over Iranian oil trade links

The United States has imposed sanctions on six companies and multiple vessels for helping Iran sell and transport oil and petrochemical products. The blacklisted firms include those based in Pakistan, India, the UAE, and Panama. Washington says this step is part of its broader effort to apply economic pressure on Tehran and block its oil […]

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7 d. ago Pakistan, Malaysia forge new Academic, Trade alliances to strengthen ties

ISLAMABAD – Chairman of Senate Standing Committee on Interior and Narcotics Control Senator Faisal Saleem Rehman met Deputy Head of

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8 d. ago FTT slams Rs400 billion illegal cigarette trade loss in Pakistan

ISLAMABAD – Pakistan is losing Rs400 billion every year due to the illegal cigarette trade, warned Fair Trade in Tobacco (FTT) Chairman Ameen Virk during a seminar in Islamabad. He described the issue as a “structural crisis”, not just minor tax leakage, and urged the Federal Board of Revenue (FBR) to maintain pressure on violators […]

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8 d. ago Karachi port handles 331,420 metric tons of cargo in 48 hours

KARACHI – Karachi Port managed a total of 331,420 metric tons of cargo over the last 48 hours, according to port authorities. The massive cargo handling included 157,131 metric tons of exports and 174,289 metric tons of imports, reflecting strong trade activity at one of Pakistan’s busiest ports. Export cargo included containerized goods as well […]

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8 d. ago Pakistan, Sweden discuss Trade, Security, and Innovation at Bilateral Political Consultations

STOCKHOLM – Pakistan and Sweden held 19th round of Bilateral Political Consultations in Stockholm, focusing on trade, regional security, and innovation-led

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9 d. ago Pakistan’s trade deficit widens to $26.3 billion in FY25, up 9% YoY

Pakistan’s trade deficit surged by 9% year-on-year (YoY) in fiscal year 2024-25 (FY25), reaching $26.3 billion, according to data from the Pakistan Bureau of Statistics (PBS). This compares to $24.1 billion recorded in FY24, indicating continued pressure on the country’s external account, despite modest improvements in exports. Exports in FY25 grew by 4.7% to $32.1 […]

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1 week ago Iranian envoy hails Saudi support in cooling regional tensions

Iran’s ambassador to Saudi Arabia, Dr. Ali Reza Enayati, praised Saudi Arabia for helping ease tensions and reviving talks between the two nations. Speaking to Asharq Al-Awsat, he likened the progress to successes that normally take years. Enayati also emphasized the strength and depth of the renewed relationship and its solid foundations. Enayati recalled that […]

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