In its vehemence to complete the prior actions as suggested by the International Monetary Fund for reaching a staff-level agreement with the lender, the government has increased the electricity price for export sector including textile. Reportedly, the government has withdrawn the competitive ...

Following Australia, Japan has approved a mango processing facility for exports from Pakistan, as announced by the Advisor to the Prime Minister on Commerce, Abdul Razak Dawood, on Friday. ------------------------------ ------------------------------ The advisor tweeted that the Roomi Foods ...

ISLAMABAD, Pakistan: Australia is all set to import mangoes from Pakistan, according to the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood. In a Twitter statement on Tuesday, the adviser said that two mango treatment facilities in Pakistan, Mustafa Farm and Iftekhar ...

Pakistani exporters have scored another landmark decision of the European Union (EU) accepting their plea against Indian traders who had been trying to attain exclusive rights to export basmati rice. The Rice Exporters Association of Pakistan (REAP) had previously filed a petition against the ...

Exporters of goods and services, including IT-based services, are allowed to retain a certain portion of their export proceeds in their Special Foreign Currency Accounts. The fund from these accounts, however, could be utilized for specified purposes only. Over time the types of payments ...

In a surprising turn of events, the COVID-19 pandemic has increased the demand for Pakistani Kinnow in international markets. Known as the Mandarin Hybrid fruit that delivers a flavor akin to none, markets such as Russia, Iran, and other Central Asian countries look forward to buying the fruit ...

In a positive development, the Government of Sri Lanka has reversed its decision to increase CESS (Domestic Tax) on imported Mandarins (Kinnows) from Pakistan. Pakistan has been a leading and steady supplier of quality mandarins to the Sri Lankan market in recent years. Last month, Sri Lanka had ...

Federal Board of Revenue (FBR) has extended the utilization period of input goods under export facilitation schemes up to February 28, 2021, the authority announced through their Twitter handle on Wednesday. This extension is applicable for all three schemes that are Manufacturing Bond, Export ...

ISLAMABAD - China Russia and Turkey Replace US as the Main Arms Exporters to Pakistan. Pakistan was on Monday ranked the eleventh largest arms importer in the world in a report published by the Stockholm International Peace Research Institute (SIPRI). According to the report, arch-rival India was ...

BEIJING - The Chinese markets are open to Pakistan’s agricultural products, especially good quality fruits, as China had either suspended or reduced agricultural products from some countries. In the past, China imported a large number of fruits from India and Australia. Due to the recent ...