Pakistan Vietnam PTA Expected Soon to Boost Trade Beyond $1 Billion
Pakistan and Vietnam are expected to sign a Preferential Trade Agreement (PTA) soon. Both countries want to increase business ties and grow their trade. Vietnam’s Ambassador to Pakistan, Pham Anh Tuan, said talks have made good progress after four rounds of negotiations. Current bilateral trade between the two nations stands at around $900 million. The […]
Pakistani Rupee Set to Hit 277 Against US Dollar for the First Time in 21 Months
The Pakistani rupee continues to show strength against the US dollar. On Monday, July 13, 2026, it closed in the green for the 196th day in a row. The rupee gained three paisas and closed at 278.02 against the dollar. Experts say it may reach 277 any time this week. This would be the first […]
World’s Largest Container Ship MSC Erica Arrives at Karachi Port
Karachi Port has welcomed another giant ship, showing its growing importance in global trade. One of the world’s largest container vessels, MSC Erica, arrived at the port recently. This marks another big achievement for Pakistan’s busiest seaport. The ship is huge. It measures 398.5 metres in length and 59 metres in width. According to the […]
Exchange Firms Supply 6 Billion Dollars to Banks in FY26
Pakistan’s exchange companies played a key role in strengthening the country’s foreign exchange reserves during fiscal year 2025-26. They sold an estimated $5 billion to $6 billion to commercial banks over the year. This steady supply of dollars helped support the economy at a time of high remittance inflows. According to Zafar Paracha, General Secretary […]
Pakistan’s Duty-Free Imports Jump to $27 Billion Under Tariff Reforms
Pakistan has made big changes to its import taxes. In fiscal year 2025-26 (FY26), duty-free imports reached $27.02 billion. This is nearly 40% of the country’s total import bill of $68.99 billion. The remaining $41.97 billion still faced customs duties. This rise comes from the government’s five-year Tariff Reform Plan (2025-2030). The goal is to […]
Russia Lifts Potato Import Ban from Punjab
Punjab’s potato farmers are celebrating good news. Russia has lifted its ban on potato imports from Punjab province. This decision lets Pakistani exporters send potatoes to Russia again, starting from July 7. Officials say 101 Pakistani exporters can now resume shipments. Russia had banned imports in May 2025 over concerns about pests like the potato […]
Government Invites Pakistani-Americans to Invest Back in Pakistan
The Pakistani government is reaching out to successful Pakistani business leaders living in the United States. Federal Minister for Planning Ahsan Iqbal met with a group of twenty Pakistani-American entrepreneurs, technologists, and financiers. Many of them are former executives from top Fortune 500 companies. He invited them to bring their money, contacts, and skills to […]
Pakistan Turkiye Aim for $5 Billion Bilateral Trade Target
Pakistan and Turkiye have reaffirmed their strong commitment to boost bilateral trade to $5 billion. Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan announced this goal during a joint press conference in Istanbul on Saturday. The two leaders discussed ways to increase trade and investment, especially in special economic zones. They also agreed […]