Pakistan’s trade deficit widened significantly in the first nine months of FY26, highlighting growing pressure on the country’s external balance. According to data released by the Pakistan Bureau of Statistics, the trade deficit increased by 22.65% to $27.81 billion, compared to $22.67 billion in the same period last year. The increase in the deficit was […]

Deputy Prime Minister and Foreign Minister Ishaq Dar has announced that 20 more Pakistani-flagged ships have been granted permission to pass through the Strait of Hormuz. He described this development as a positive step toward promoting peace and stability in the region. According to Ishaq Dar, two Pakistani ships will now be able to transit […]

The federal government has set aside Rs125 billion to protect citizens from rising fuel costs during ongoing tensions in the Middle East. Prime Minister Shehbaz Sharif said that petrol and diesel are being sold at prices lower than international rates to reduce the financial pressure on the public. He explained that the government is taking […]

Pakistan’s major ports, including Karachi Port, Port Qasim, and Gwadar Port, have experienced a historic rise in cargo handling. Transshipment volumes have increased by more than 1,400%, mainly due to global shipping disruptions in the Middle East. Karachi Port has shown especially strong performance. In just 24 days, it handled 8,313 containers, which has already […]

Pakistan has announced a temporary trade facilitation measure, allowing Iran to export multiple goods through its territory. These items include rice, seafood, fruits, vegetables, meat, and pharmaceutical products. The move is aimed at improving regional trade and making it easier for businesses to operate across borders. The Ministry of Commerce Pakistan has relaxed certain requirements […]