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Trade & Economy

Pak-Saudi relations gaining strength

  Bilateral relations between Pakistan and Saudi Arabia have reached it zenith during the last few months. There were high-profile visits from both sides and the two countries have developed relations on a number of fields. During the recent visit, the government of two sides agreed to take advantage of the opportunities available in the two countries for expanding and improving investment, trade, energy, infrastructure development, agriculture, human resource and …

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Saudi Arabia – One of the largest trade partners of Pakistan

  Trade figures of last ten years reveal that Saudi Arabia is one of the largest trade partners of Pakistan. Besides bilateral trade between the two countries, Pakistan is the major recipient of workers remittances estimated over $4.1 billion in 2013 while the trend of home remittances indicate further increase in remittances from Saudi Arabia. It is important to note that the new democratic government in Pakistan has much better understanding with Saudi government, which is …

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Pak-Saudi economic cooperation

  Historically Saudi Arabia has been extending extensive aid, grant assistance to Pakistan, but economic cooperation between the two countries has remained far from satisfactory. Some of the critics applaud this brotherly attitude, but say that Saudi stance has been contrary to an old saying ‘don’t give me fish, but teach me how to catch a fish’. However, others say that since the cooperation has been between the two states …

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Business environment for retail business

  With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …

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Business environment in Pakistan

  Rising cost of doing business, energy crisis & security issues are cause of concern for overseas investors To attract foreign investment is one of the top priorities of the present government with a view to improve economic growth in Pakistan. In this respect the Ministry of Finance is holding road shows at least six in six major cities including Dubai, Los Angles, New York and London this week. Although …

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Economic impact of stronger rupee against the dollar

  Pakistan has been witnessing devaluation year after year ever since one can remember. People in general longed to see a stronger rupee. Depreciation was resulting in constant increase in price pushing more people below the poverty line. Currently the Rupee is trading between PKR98. No one can say for sure where the exchange rate will be in the future. Some predict devaluation to previous levels other claim another round …

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Expo Center in Pakistan

  It is heartening to note that the incumbent government has appointed S. M. Muneer as Chairman of Trade Development Authority of Pakistan (TDAP). The business community has reposed confidence in the new chairman, himself a leading exporter of textiles and clothing and leather and leather products besides having interest in other industrial entities. While the TDAP has enormous mandate as regards to boosting Pakistan’s exports, it is necessary to …

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Vast opportunities of export, investment exists in livestock

  Livestock is a vital sub-sector of agriculture in Pakistan as promoting dairy, meat and poultry business in this sector is more beneficial for the economic development of the country. Livestock contributed approximately 55.1 percent to the agriculture value added and 11.6 percent to the national GDP during 2010-12. Gross Value Added of the livestock sector at constant factor cost increased from Rs672 billion (2010-11) to Rs700 billion (2011-12) showing …

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Karachi Expo Center equipped with latest facilities

  Exhibitions make an important contribution to various business sectors globally. The more global a business sector the more significant the role of trade explains in introducing vendors to buyers and ensuring that industry players sustain contact with industry’s growth. Trade explains tend to be a celebration of success with successful firms exhibiting and visiting. These exhibitions do much great result than introduce one person to another of course. We …

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Gujranwala, Sialkot: major trade hubs for economic growth

  Gujranwala and Sialkot are the major agricultural and industrial cities of northeastern Punjab and fast emerging cities of Pakistan for the development of economic growth. Gujranwala being having an important industrial base in north eastern Punjab contributing a major part in its export growth through its dry port handlings. The major exports through this port include rice, sugar, textiles, carpets, glass goods, medical equipment, leather products, metal utensils, agricultural …

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