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As imports continue to surge, Pakistan's trade deficit doubles
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], January 3 (ANI): As imports continue to rise in Pakistan, the country's trade deficit has surged to USD 24.79 billion during the first half of the current fiscal year, mainly on the back of a 63 per cent year-on-year increase in imports, a media report said.
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Islamabad-Tehran-Istanbul train service resumes
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 22 (ANI): The Islamabad-Tehran-Istanbul freight train service was resumed on Tuesday to improve the trade among Pakistan, Iran and Turkey, reported local media.
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Pakistan's trade deficit widens by 32.9 per cent in FY21
Updated : 4 years, 10 months ago IST
Islamabad [Pakistan], July 3 (ANI): Already burdened by high inflation, rising food prices, raised electricity charges, Pakistan's trade deficit widened by 32.9 per cent, or USD 7.616 billion, in the outgoing fiscal year (FY21).
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US, Pak discuss COVID-19, agree to continue TIFA Agreement dialogue
Updated : 5 years ago IST
Washington [US], May 7 (ANI): The United States and Pakistan on Thursday agreed to continue the Trade and Investment Framework (TIFA) agreement dialogue and discussed the ongoing COVID-19 pandemic.
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Pakistan invites US to invest in CPEC
Updated : 6 years, 2 months ago IST
Islamabad [Pakistan], Feb 28 (ANI): A top Pakistani official stated that the United States has been invited to invest in projects of the China-Pakistan Economic Corridor (CPEC), Beijing's multi-billion dollar project.
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'Pak minister's remark on CPEC could've cost foreign investment'
Updated : 7 years, 8 months ago IST
Islamabad [Pakistan], September 15 (ANI): Former Chief Economist of Pakistan Dr Pervez Tahir hit out at Pakistan Cabinet Minister Abdul Razak Dawood, days after he cried foul for being misconstrued by the media, when he said, "Islamabad is rethinking its role in China's Belt and Road plan".
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