Karachi, July 24, 2019: The country’s trade deficit declined by 11 percent YoY to US$28.2 billion in last fiscal year (FY19) from US$31.8 billion in the previous year. Although in a normal scenario, this would be interpreted positively, as highlighted earlier, the previous year’s trade deficit had reached unsustainable levels and there was only one…
Karachi, July 20, 2019: Three-day “Top Thai Brands 2019” exhibition opened on Saturday aiming to enhance bilateral trade and specifically Pakistan’s exports to Thailand which was $225.5 million last year in 2018. In the year, 2017, Pakistan’s exports to Thailand were $142.9 million, however, it witnessed an increase of 57.8 percent, bringing up this figure…
Karachi, July 16, 2019: Chief of the Economic Unit of Consulate General of United States Chad Miner has said that the US government was deeply interested in expanding trade and investment ties between the United States and Pakistan which is the largest exporter of goods to the US. Speaking at a meeting during his visit…
Islamabad, July 15, 2019: The country’s services trade deficit narrowed by 28.22 per cent during the first eleven months of the current fiscal year compared to the corresponding period of last year. The services trade deficit during July-May (2018-19) was recorded at US$3.944 billion against the deficit of US$ 5.496 billion during July-May (2017-18), showing…
Islamabad, June 28, 2019: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and SAARC Chamber of Commerce and Industry (CCI) Friday unanimously called for promotion of durable bilateral cooperation between two neighboring countries Afghanistan and Pakistan to further cement brotherly bonds besides strengthening of mutual trade relations resulting prosperity and long-lasting peace in the…