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Pakistan, China and Russia to do trade in local currencies

The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and...

Govt subsidises PB rope import to contain cotton loss

The government has announced that it will provide Rs 400 million in subsidy to farmers so they can import PB rope during the current...

Germany wants to enhance trade ties with Pakistan: envoy

A German delegation is set to visit Pakistan soon to explore business collaborations as the country wants to enhance trade relations with Pakistan, says...

EU extension on GSP-Plus status for Pakistan

Pakistan would continue to enjoy tariff preferences in the European Union (EU) under Generalized Scheme of Preferences-Plus (GSP+) status. Abdul Razak Dawood, Adviser to...

Pakistan gets another two years of GSP+ status

Pakistan has gotten the nod from the European Union for an extension of another two years for its GSP+ status that implies that the...

Covid-19 outbreak hurting lives as well as economies

The Asian Development Bank (ADB) has voiced concerns in a new analysis report that the ongoing coronavirus (Covid-19) outbreak in Asia will have adverse...

GSP Plus supports the textile exports by $500m per year

The EU extension of the Generalized System of Preference (GSP) Plus till 2022 would help Pakistan boost up its textile exports by $500 million...

Cotton seed price hike raised by 128%

The Punjab Seed Corporation (PSC) has raised the price of locally produced cotton seed by 106-128 percent. This is surprising for cotton growers as...

Indian textile exports experience contraction from 15 states

As India's textile sector aimed to grab an opportunity amid the US-China trade war, the textile exports from around 15 states contracted in the...

ITM 2020 to gather 100 percent occupancy rate

It is interesting to note that in 2018, ITM invited 1150 participants from 64 countries and 59 thousand visitors from 94 countries. The ITM...