Tag: Exports

Total exports slide by 12.11% in 2015-16, imports by 2.32%

    Despite an effort of the government to enhance exports in 2015-16, the country’s exports declined by 12.11 per cent to $20.802 billion during the...

Pak exports to suffer as part of Brexit fallout: IPR

    The Institute for Policy Reforms (IPR) Monday released a comprehensive factsheet on the effects of UK’s exit from the European Union. It analysed the...

FPCCI wants EU to relax requirements for Pakistani mangoes

    Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee Chairman Ahmad Jawad has urged the European Union to relax the requirements for...

Brexit to reduce remittances and exports, improve foreign investment: ICST

  The Islamabad Chamber of Small Traders (ICST) on Thursday said Brexit will reduce remittances and exports but improve foreign investment in Pakistan. Volatile international...

Senate committee discusses decline in exports quantum

    The Senate Standing Committee on Commerce was told during its meeting that Pakistan’s exports have seen a decrease of 12.4 % during the last...

Debt bondage, exploitation spoil India’s golden mango harvest

It is noon and Dilbar Ali is racing against time. The first truckloads of mangoes from the orchards of Krishnagiri-Dharmapuri region in south India's Tamil...

Rs 35 bln allocated for Western route of CPEC, Senate told

Minister for Planning Development and Reforms Ahsan Iqbal has said that allocation of Rs 35 billion have been made in the next budget for...

Exports increase by 6.39% in May

  The country's merchandise exports in May increased by 6.39 per cent as compared to that of April 2016. The exports increased from $1.722 billion in...

Govt lethargy in resolving textile industry’s issues criticised

  All Pakistan Textile Mills Association (APTMA) Chairman Tariq Saud has urged the government to wake up from its slumber and save the textile industry...

Exports to India to be increased to $1b in a year:...

Pakistan aims to increase exports to India to $1 billion within a year, as textiles products and readymade garments have a great potential to...

Speakers want exports to be facilitated in next budget

    Export-oriented industries should be facilitated to the maximum in the upcoming Federal Budget 2016-17 as the export sector plays an important role in the...

Total exports slide by 12.92% in July-March 2015-16

  Despite the government’s efforts to increase the country’s exports during the current fiscal year, the exports have actually declined further by 12.92 per cent...

FPCCI lauds trade policy, demands payment of refund claims

  The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has termed the new trade policy encouraging in the prevailing circumstances and assured support...

Textile exports down 5% in Feb, value added textile shipments decline...

  The textile exports of the country declined by five per cent on month-on-month basis to $1.02 billion, while the value added shipments declined by...

Transit agreement with Afghanistan: Will trade with CARs arrest decline in...

  Pakistan is set to initiate exporting goods to Central Asian States through the land route without paying any duty to Afghan authorities after amendment...

Zero-rating regime for exports from next year: Dastgir

    Federal Minister for Commerce Engineer Khurram Dastgir on Monday said the government had decided in principle to introduce zero-rating regime for exports from next...

Total exports slide by 14.37% since July

  The country’s total exports declined by 14.37 per cent to $12.087 billion in the first seven months of the current fiscal year (July-Jan) 2015-16 from $14.115 billion during the same period last year. Seven months have passed of the current fiscal year but the government is yet to release the trade policy and the new auto policy, said a member of the Karachi Chamber of Commerce and Industry (KCCI). He said the federal government or the Trade Development Authority of Pakistan (TDAP) is doing nothing for the exporters as factories in Punjab and Sindh are still waiting for supply of electricity despite the declining furnace oil prices in the international and local markets. “The government will soon announce the trade police as it is before the prime minister for final approval,” said an official of TDAP. He said the Trade Ministry had already finalised the country’s trade policy with several incentives for exporters specially for the textile sector. Hadi Sallahuddin of Messe Frankfurt said the exporters are displaying their products in various exhibitions throughout the world, especially in Germany and they are getting orders from the international markets. He said the main reason of declining exports of the country is trade recession in the world market because of the dollar's strong value. Analysts of different brokerage houses said the exporters are waiting for incentives to be announced in the trade policy by the government.