Countries such as China, Bangladesh, Vietnam, Germany, Italy, Turkey, Spain and India dominate the export market, with China accounting for a lion's share of 33 per cent of the total exports backed by high labour productivity along with economies of scale.
Remittances from Saudi Arabia, UAE, UK and US make up 68.5pc of Pakistan's yearly remittances. But lately, remittances from the first three countries, with a share of 57.7pc in the total pie, have been falling with little chance of a reversal of this trend, primarily due to economic and expa
With the geopolitical shift in the aftermath of the Russia-Ukraine war, and increased Chinese aggression, India has now become the global partner of the US, while Pakistan remains a key regional ally.
A team of independent inspectors from the UN's nuclear watchdog on Monday reported "no immediate nuclear safety or security concerns" at Ukraine's Zaporizhzhia nuclear power plant after shelling over the weekend, according to an official statement.
An estimated amount of over 2.7 million USD has been allocated for restoring the Kherson region of Ukraine that witnessed Russian withdrawal recently. He added that it is only the beginning and people will receive pensions that were accrued to them during the occupation.
"I hope that the Prime Minister will be successful in ending the Russia-Ukraine war which has created havoc on the economic condition," Abdullah said while talking to the reporters here.
The G20 summit was a chance for Xi to improve his ties with world leaders after years of tensions caused by China's aggressive "wolf warrior" diplomacy and COVID-19 restrictions.
The UK government this week ordered China's Wingtech Technology company to undo its acquisition of Britain's biggest microchip factory, a year after the deal had been closed.
In a statement, IAEA Director General Rafael Mariano Grossi said these powerful explosions abruptly ended a period of relative calm at the facility and further underlined the urgent need for measures to help prevent a nuclear accident there.
Sunak informed Ukrainian President Volodymyr Zelenskyy that the UK will provide an air defence package for Ukraine, including 125 anti-aircraft guns and technology.
Since China's President Xi Jinping secured his third term of power at the 20th Party Congress, he is seeking to dominate Asia and reduce the US influence in the region.