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Tag Archives: trade

Cross border smuggling between Iran and Pakistan

  Ali Awsat Hashmi, Governor-General of Sistan-Baluchistan province Iran has underscored the need to take practical steps in order to effectively stop cross-border smuggling and promote enhanced trade between Pakistan and Iran. Effective and workable measures are required to manage unofficial cross border trade through documented and official channels that will not only add to revenues but open doors for legal trade between the two brotherly countries. Speaking at a …

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EXPO centre – A best source to thrive Karachi’s trade and investment potential

  Karachi is now among the top ten ranking of largest cities globally. During 2005, the population of Karachi was at 15.1 million which is predicted to reach 27.5 million by 2020. The number of households in 2005 was about 2.1 million and by 2020 it will rise to 3.9 million, which means a rise of 1.77 million households, at an average size of 7 persons per household. Even at …

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Pakistan played an eye catching smart role amidst the muslim world in defusing situation between Iran-Saudi Arabia

  Pakistan and Iran being close neighbors can supplement each other in achieving economic goals Over $10bn trade potential exists between the two nations Interview with Mehdi Sobhani, Consul General of Islamic Republic of Iran Discussing the economic relations between Iran and Pakistan, Mehdi Sobhani said in an interview that sanctions caused a decline of two way trade between Iran and Pakistan from $1 billion to $200 million, but after …

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Building of Gwadar airport – An added attempt to convert Pakistan’s strategic assets into economic opportunities

  Pakistan’s port city of Gwadar having special significance, with reference to its geography and potential for development of trade links with Central Asian Republics (CARs), Persian Gulf, East Africa, United Arab Emirates and North Western India and by virtue of its important location and development projects is poised to turn into cities like Singapore, Hong Kong, Colombo and Dubai. This seaport project has entered the second phase of development …

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Pakistan exports to EU countries likely to gain impetus

  Expansion in the volume of global merchandise trade would pick up only slightly in the coming two years as presently it grows from 2.8 percent in 2014 to 3.3 percent in 2015 and eventually it will grow to 4.0 percent in 2016. Trade growth would therefore remain well below the yearly average of 5.1 percent recorded since 1990. The modest gains during 2014, marked third consecutive year in which …

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India-Pakistan trade: growth potential, barriers and issues

  Presently, India-Pakistan official bilateral trade accounts for only one percent of their respective global trade because of restrictions on the types of goods that can be traded revenue and will be the future takings of economic progress of both the countries. This restriction on traded goods has forced both countries to rely on trade with far off countries for important raw materials, which is leading to high transportation costs. …

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Lahore — Fast emerging industrial and trading hub of Pakistan

  Punjab soon to be transformed into a prosperous province Spending spree on Lahore infrastructure during the last few years has placed the city at par with growth-triggering cities of the world. Fast building of transport, industries and state-of-art business centers are the further evidence of city’s modernization. The City of Lahore is emerging fast both as a trading hub because of the huge potential the Wagah border offers and …

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Fast Food Industry: The second most successful trade in Pakistan

  Fast food industry in Pakistan is the second largest market in Pakistan as it accounts for 27 percent of its value‐added production and 16 percent of the total employment in manufacturing sector. Pakistan holds the world’s eighth largest market when it comes to fast food and food related business. Pakistan’s fast food sector is changing significantly with an inclined shift in life styles and traditional eating habits. Fast food …

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Gwadar-Kashgar link: Future of world trade

  While Pakistan is one of the most strategically significant countries in the region, recently inaugurated Gwadar port by Prime Minister Nawaz Sharif is set to open numerous opportunities for trade and industry and other sectors of national economy. The geo-strategic position of Pakistan is going to play a vital role in the future regional economic outlook. For China, the strategic location of Pakistan is vital in formulating its future …

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Logistics industry eyeing significant boom

  In the global context, efficient logistics industry is a backbone of any economy and plays a strategic role in the overall economy of a country. Logistic industry eliminates wastages and makes the entire supply chain process efficient for the availability of the right product at the right time at economical cost. Key players in the sector such as the port and airport operators, the cargo handling company, freight forwarders, …

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