Trade

Houthi forces claimed responsibility for targeting two vessels in the Red Sea, citing “Israeli links,” prompting additional companies to suspend transit through the waterway.

During my flight to Panama for a working visit not long ago, I looked out the window and saw cargo ships lined up by the locks on the Panama Canal to pass between the oceans.

Pakistan and Azerbaijan join hands for a Climate Resilient and Sustainable Urban Planning keeping in view the real challenges faced by the region.

In a historic moment, the Pakistan-Gulf Cooperation Council Free Trade Agreement (Pak-GCC FTA) was ceremoniously inked on the 12th of Rabiʽ al-Awwal, a day of great significance, at the GCC Headquarters in Riyadh. This ushers in a promising…

وفاقی وزیر تجارت ڈاکٹر گوہر اعجاز اور ترکمانستان کے سفیر آتادجان موولاموف کے درمیان دوطرفہ تجارت میں اضافے کے لئے ایک اہم ملاقات

Israel's Foreign Minister, Eli Cohen, visited Bahrain on Monday to celebrate the inauguration of Israel's new embassy in Manama. During the ceremony, both nations expressed their commitment to strengthening economic ties and trade…

Iranian Deputy Minister of Economics and Finance, Reza Bakhshi, engaged in discussions with Acting Secretary of Pakistan's Ministry of Economic Affairs, Humair Karim, to fortify cooperation and enhance economic ties between the two nations.

The President of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI), Moazzam Ghurki chaired an effective think-tank meeting focused on the three-party trade ties among Pakistan, Turkey, and China, on Monday.

The 7th China-South Asia Expo and the 27th China Kunming Import and Export Fair (hereinafter referred to as the "7th South Expo") opened in Kunming, Yunnan Province on the 16th.

At the invitation of the Trade Development Authority of Pakistan (TDAP), a representative delegation from Kazakhstan, composed of employees from the Ministry of Agriculture of the Republic of Kazakhstan and entrepreneurs working in the…

اسلام آباد، 30 جولائی 2023(جی این پی): ”پاکستان منرلز سمٹ۔ ڈسٹ ٹو ڈویلپمنٹ۔ پاکستان میں سرمایہ کاری کے مواقع“ کی میزبانی حکومت پاکستان کرے گی۔  بیرک گولڈ کارپوریشن کی اسپانسر شب میں یکم اگست 2023 بروز منگل اسلام آباد میں ہونے والی کانفرنس…

Foreign Minister Bilawal Bhutto-Zardari and his Russian counterpart Sergei Lavrov discussed the Black Sea Grain Initiative (BSGI) in a telephone conversation on bilateral issues on Wednesday, according to a statement issued by the Foreign…

Pakistan and Azerbaijan have joined hands to secure a framework agreement for Liquefied Natural Gas (LNG) procurement with flexible terms.

The United Arab Emirates (UAE) has inked a historic $1.9 billion agreement with Societe Aurifere du Kivu et du Maniema (Sakima), a state mining company in the Democratic Republic of the Congo (DRC), to develop at least four mines in the…

A discounted cargo of 55,000 tonnes of Russian crude oil has arrived at the Karachi port, marking the second shipment as part of a deal between Islamabad and Moscow.

Pakistan’s ambassador to China has announced that Pakistani cherries will be exported to Chinese consumer markets, soon after signing the China-Pakistan protocol for cherry exports.

Prime Minister Shahbaz Sharif remains expectant to reach $5 billion in bilateral trade over the next three years.

An official claimed on Thursday that a Pakistan-Russia Direct Shipping service is set to start operations later this month, enhancing commercial access for Pakistani goods in the profitable Russian market.

In a remarkable display of diplomatic camaraderie, Ambassador Yerzhan Kistafin of Kazakhstan engaged in a fruitful meeting with Minister Rana Ihsaan Afzal Khan, the Minister of Coordinator for Commerce and Industry in Pakistan, along with…

Bilateral agreements are meant to promote regional trade, transit, and overall connectivity.

مقامی ذرائع سے بجلی کی پیداوار بڑھانے اور سب کے لیے سستی توانائی کا حصول یقینی بنانے کے عزم کے ساتھ، کے۔ الیکٹرک نے حکومت سندھ، اوریکل پاور اور پاورچائنا کے ساتھ تھر کے کوئلے سے چلنے والے 1320 میگاواٹ کے پاور پراجیکٹس لگانے کے لیے مفاہمت کی…

Russia and Eurasian countries are planning a large-scale development of the North-South international transport corridor.

The US dollar, as the leading global currency, has long been the preferred form of payment for investors as the most important global currency but that status is now coming under a mounting threat.

Poland and Hungary banned imports of Ukrainian grain and other food products on Saturday amid a spike in low-cost products.

In recent days, the United States cautioned Turkiye to stop trade with Russia of chemicals, microchips, and other items that may be used in Moscow's military assault in Ukraine.

Bazaar, Pakistan’s leading B2B e-commerce platform for 5M+ businesses, launches Bazaar Prime - its exclusive market distribution arm for retail suppliers and manufacturers

یونٹی فوڈز، پاکستان اسٹاک ایکسچینج (پی ایس ایکس) میں درج ایک نجی کمپنی ہے، جو اپنے فلیگ شپ برانڈ سنرج سمیت مختلف مشہور فوڈ برانڈز تیار کرتی ہے۔

Unity Foods Limited, a leading food producer and supplier to the nation’s food security system, entered into a Communications and Strategic Engagements partnership with Nutshell Communications (Private) Limited.

Islamabad, 3 April 2023 (GNP): Islamabad referred to the claims as "sheer propaganda" on Sunday amid social media rumors about the atypical trade between Pakistan and Israel went viral in response to a tweet from a Jewish merchant…

The President told the ambassador that Pakistan and Tajikistan had long-standing historical and cultural ties and that as part of its "Vision Central Asia" programme, Pakistan sought to develop stronger, more productive relationships with…

اسلام آباد، 28 مارچ  2023 (جی این پی) : صدر عارف علوی سے تاجکستان میں پاکستان کے نامزد سفیر محمد سعید سرور کی ملاقات صدر مملکت کا تاجکستان کے ساتھ تجارتی و اقتصادی تعلقات کو وسعت دینے پر زور دونوں برادر ممالک کی ترقی کیلئے تجارت اور…

suspension of oil to Turkey by Iraq

In addition to agreements between Canada and US, the leaders discussed the importance of taking bold and ambitious action to fight climate change and protect nature.

Islamabad, 7 March 2023 (GNP): Adam M. Tugio, the Indonesian ambassador to Pakistan, paid a courtesy visit to Syed Murtaza Mahmud, the federal minister for industries and production of Pakistan, on March 7, 2023, to discuss efforts to…

Pakistan Ramzan package

Doha, 6 March 2023 (GNP): Mansoor Ebrahim Al-Mahmoud, the Chief Executive Officer (CEO) of the Qatar Investment Authority (QIA), met with Prime Minister Shehbaz Sharif in Doha to discuss the status of numerous investment projects in a…

iPhone in India

UAE digital dirhams

Islamabad, 14 February 2023 (GNP): The China Study Centre, COMSATS University Islamabad, and Centre for BRI and China Studies – Institute of Peace and Diplomatic Studies, Pakistan, signed a memorandum of understanding (MoU) at Junaid Zaidi…

UAE new virtual work visas

Islamabad, 11 February 2023 (GNP): Irena Gancheva, the ambassador of Bulgaria to Pakistan, and Irfan Iqbal Shaikh, the president of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), met in person. The officials spoke…

The likely state of Pakistan economy in the year 2023

The microchip industry has been growing at an exponential pace for several decades, playing a crucial role in the development of modern technology. From smartphones and laptops to cars and medical devices, microchips are the building blocks…

Riyadh, 27 January 2023 (GNP): According to the Saudi Press Agency (SPA), the Ministry of Industry of the Kingdom of Saudi Arabia and Hyundai Motors have agreed to develop a factory in the Kingdom for the final assembly of electric…

Delhi, 24 January 2023 (GNP): According to Amazon Inc., the company will launch its own air cargo fleet in India named 'Amazon Air' to expand and speed up deliveries across one of its key markets. After Canada and the United States,…

Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year. The news was confirmed by…

Riyadh, 19 January 2023 (GNP): Crown Prince Mohammad Bin Salman, on January 17, ordered the authorities of Saudi Arabia to increase the country's investments in Pakistan by $10 billion, giving a major boost to Pakistan’s efforts to…

Chaghai, 17 January 2023 (GNP): The Canadian company Barrack Gold has announced the development of Reko Diq, which will begin in 2028. A ceremony was held at the office of Chief Minister’s secretariat on 15 January 2023, where Barrick Gold…

Baku, 8 January 2023 (GNP): Recently there was a meeting that took place between two important central Asian states Azerbaijan and Uzbekistan where both countries discussed the economic potential they have if they could collaborate by…

Karachi, 7 January 2023(GNP): Pakistan's government has decided to sell two LNG power plants to raise an estimated $1.5 billion. Previously these plants were to be privatized, however now, the government aims to sell state assets to Qatar…

Islamabad, 6 January 2023 (GNP): Millat Tractors, the biggest tractor producer in Pakistan has decided to cease its operations in the country from 6th January onwards, due to a cash flow crisis and low demand. The news comes after major…

Karachi, 30 December 2022 (GNP): KIA ltd. has announced to close its operations in Karachi permanently in an official post on its website, stating: "The only reason for the closure of Kia Motors Shahrah-e-Faisal showroom was the expiry of…

Islamabad, 29 December 2022 (GNP): According to sources, Rupee has fallen in value in comparison with the American dollar by 225 at the inter-bank market after two and a half months. There have been reports of people putting their savings…

Islamabad, 28 December 2022 (GNP):  One of Pakistan's largest textile manufacturers, Nishat Chunian Limited, has declared that it will temporarily halt operations due to the current political and economic unrest in the nation. Organizations…

Islamabad, 27th December 2022 (GNP): An abnormal rise in gold prices in Pakistan has been recorded and observed. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola started to rise this week on…

Washington, D.C., 14 December 2022 (GNP): Biden administration decides to put 30 Chinese technological companies on the trade blacklist. This sanction would hinder the Chinese companies from purchasing certain tools and components from…

Lahore, 8 December 2022 (GNP): Adam M. Tugio, the Indonesian Envoy, expressed his gratitude to the Punjab government and business community for their active support and collaboration in fostering bilateral economic relations between…

Beijing, 6 December 2022 (GNP/ TDI): Dr. Hassan Daud Butt, the former CEO of the Khyber Pakhtunkhwa Board of Investment & Trade (KP-BOIT) held a meeting with the Chinese General Manager of China Energy International Group (CGGC), Lv…

Lahore, 26 November 2022 (GNP): Today, the Global Business Alliance (GBA) delegation left Lahore for Azerbaijan. The group members have a wide range of commercial business expertise. From November 26 to December 3, 2022, the GBA will…