Category Archives: Trade and industry

South Asia to gain when Pakistan frees trade with India: SAARC Chamber head

NEW DELHI: The free trade pact among eight member nations of South Asian Association for Regional Cooperation SAARC will be operational by year-end once Pakistan grants India most-favoured nation MFN status, says a top chamber chief. “The South Asian Free Trade Area SAFTA will lead to complete integration of trade and commerce among eight SAARC

Export of rice under barter system like wheat to Iran suggested

KARACHI: The Union of Small and Medium Enterprises (UNISAME) appreciated the permission to export wheat to Iran under barter system and urged the ministry of commerce (MOC) to allow barter trade for the export of rice and other commodities as well and also urged the MOC to expedite the procedure for barter for wheat to

Cotton arrivals substantial increase, exports rise significant

KARACHI: There has been a substantial increase of more than 25 percent in arrival of cotton in markets of the country this season compared to last season. There has also been significant rise of 77 percent year-on-year in cotton exports this season. Citing figures from Pakistan Cotton Ginners Association PCGA, Muhammad Azam, Secretary General &

Pakistan, India, South Asian Association for Regional Cooperation trade bodies join to foster economic cooperation

KARACHI: Leaders of Federation of Pakistan Chambers of Commerce & Industry FPCCI, Confederation of Indian Industry CII and SAARC Chamber of Commerce & Industry SAARC CCI join hands to foster Indo-Pakistan economic cooperation through meaningful collaboration in areas of mutual interests. This was resolved in meeting at New Delhi between Tariq Sayeed, Vice President CACCI,

Indonesian Trade Exhibition in Hyderabad held

HYDERABAD: Divisional Commissioner Hyderabad Ahmed Bux Narejo has said that the cultural exchange between Muslim countries would further strengthen the brotherhood and raise their socioeconomic status. This he observed while addressing inaugural ceremony of Indonesian Production Exhibition at local hotel on Saturday. He was hopeful that this kind of interactions and cultural & trade exchange

Pakistan-British joint ventures discussed

LAHORE: Francis Campbell, the Deputy British High Commissioner and Director for UK Trade and Investment, met with Ibrahim Qureshi, President Business Forum Punjab (BFP), on Wednesday here at a local hotel. The representatives of BFP, an initiative by PakPur Foundation, including Chairman BFP Nabeel Hashmi, Vice President Hussain Fazal, General Secretary Sohail Yousaf and Chairman