Pakistan - Apparel Architects

Exports to Middle East Surge by 29% in July-November Pakistan's exports to the Middle East witnessed a robust rebound, recording a growth of 28.98%, reaching $1.257 billion in the initial five months of the current fiscal year compared to $974.50 million in the corresponding period last year. The surge was notably driven by heightened demand from key countries in the region, including the United Arab Emirates, Saudi Arabia, and Kuwait. However, exports to Qatar experienced a decline during this period. Pakistan exports to UAE rose sharply by 33pc to $817.978m in 5MFY24 from $614.864m over the corresponding months of last year. The exports to UAE bounced back during the current fiscal year. However, it suffered a decline of 20.23pc to $1.474bn in FY23 from $1.848bn over the corres...

Pakistan, China Strengthen Trade Ties: New Initiatives Aim for Growth Islamabad, Pakistan, December 13, 2023: Strengthening their long-standing economic partnership, Pakistan and China have vowed to further enhance their bilateral trade. During a high-level meeting, officials from both countries expressed their commitment to reaching a $20 billion trade target by 2025. Pakistan and China have reaffirmed their commitment to boost bilateral trade and investment by reviewing their free trade agreement and implementing the findings of a joint study by their commerce ministries. In a meeting between Pakistan’s Commerce Minister Dr Gohar Ejaz and Chinese Vice Minister Li Fei in Beijing, the two sides also discussed the progress of the China-Pakistan Economic Corridor (CPEC). Dr Gohar Ejaz ...