A high-level meeting was held in Islamabad between Federal Minister for Commerce Jam Kamal Khan and The Rt Hon Edward Llewellyn, Director General Political of the United Kingdom, where both sides discussed bilateral trade, regional security, and the ongoing global energy situation. British High Commissioner Ms Jane Marriott also accompanied the DG. During the meeting, […]
FTA
Pakistan-Indonesia trade soars to $4.7 Billion
Bilateral trade between Pakistan and Indonesia reached a record $4.7 billion in the fiscal year 2024–25, showing a 40% growth from $3.36 billion in FY2023. This sharp increase highlights strengthening economic ties between the two nations. Both countries are currently in advanced negotiations for a Free Trade Agreement (FTA) aimed at expanding market access and […]
Visiting Sri Lankan Trade Minister for $1bn Trade by 2024
Hanif Lakhany, VP FPCCI, has expressed his profound grief over the most unfortunate and gruesome Sialkot incident with a Sri Lankan national; and, respectfully acknowledged the Sri Lankan resolve and resilience to continue to cement the brotherly bilateral relations between the two historically significant strategic partner nations. He was speaking at the visit of a […]
Economics and Hybrid warfare: economic sanctions as a tool to pressurize the state
Defending against hybrid warfare requires certainty of financial resources. Unfortunately, Pakistan’s weak economic position and lack of fiscal space to expand security-related budget has constrained the country’s ability to give a more proactive response to hybrid warfare. Pakistan faces various forms of economic threats from its neighbours which need to be carefully studied. For example, […]
Appreciation Award 2019 by Pakistan-Malaysia Friendship Association
H.E. Khairul Nazran ABD Rahman, Consul General of Malaysia in Karachi urges Pakistani Business Community to focus not only on traditional trade items like textile, palm oil etc, but also diversify their product range ,which may include mango, vegetables and other items. He was speaking in “Appreciation Award 2019” by Pakistan- Malaysia Friendship Association (PMFA). […]
BRF 2019: what next for the world?
The Belt and Road Initiative (BRI) gained more confidence of the world leaders, as reported, that more than three dozen of Heads of the States were among a little over 5000 attendees of the Belt and Road Forum (BRF) from 150 countries. After the UN General Assembly session, the BRF could be termed as the […]
Businessmen term Pak-China FTA Phase II ‘anti-industry’
The business community has expressed serious reservations over Pak-China FTA Phase 2 terming it anti-industrialization. Pakistan and China will sign the second phase of Free Trade Agreement in Beijing on 28th April. Under the Free Trade Agreement, China has extended duty free access to Pakistan on three hundred and thirteen items. The agreement will help […]
Senate ruckus over FTA, CPEC economic gains
LAHORE: Senators expressed their grave concerns over dilapidate Pakistan’s value-added exports under Free Trade Agreement (FTA) 2006 with Beijing in a debate held in the Upper House on Friday. Presenting a motion in the Senate, Senator Mian Atiq raised his reservations over economic ties with China and said that Beijing was not getting benefits of […]