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Pak, EU agree to strengthen bilateral trade ties

ISLAMABAD: Pakistan and European Union agreed on a comprehensive economic partnership, with a focus on increasing the volume of bilateral trade. This understanding was reached in the fifth meeting of...

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Prudent policies boost exports significantly

ISLAMABAD: What is being attributed to the prudent policies of the incumbent government, export of the country increased significantly during the period July-March 2013-14. As a result of government...

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Chairman TDAP urged to restore facility of freight subsidy

LAHORE: Pakistan Industrial & Traders Associations Front (PIAF) has presented a 5-point facilitation agenda aimed at getting full advantage of GSP Plus status to Pakistan by the European Union. The...

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July-May: Textile exports up 5.96pc to $12.6b

ISLAMABAD: Exports of textile and clothing products witnessed an increase of 5.96 per cent in July-May 2014 from a year ago, mainly owing to a slight increase in export of value-added products. The...

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Ministry’s interference causes blockage of refund claims

LAHORE: While demanding the government to release stuck-up refund claims, the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has said that FBR’s software system of RCPS...

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KSE gains 9.32 points to close at 30,474 mark

KARACHI: Karachi Stock Exchange remained flat on Thursday as KSE-100 Index gained just 9.32 points to close at 30,474.75 as compared to 30,465.43 of previous session. KSE-Allshare index grew by 50.30...

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Govt urged to reap benefits of GSP Plus status

SIALKOT: The Sialkot Dry Port Trust (SDPT) chairman has urged the government ensure early implementation of the rules and regulations to protect environment, eradicate child labour and eliminate...

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Commerce Ministry striving to turn GSP Plus into FTA

ISLAMABAD: The Ministry of Commerce is making preparations to move a step forward by transforming the GSP Plus status into free trade agreement (FTA) with the European Union. In all, 406 members of the...

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Textile exporters press govt for early tax refund

PTEA chairman says textile exports are crumbling and industry and business are squeezing due to non-availability of funds and energy   FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has...

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GSP Plus opens new avenues for economic stability: President

BAHAWALPUR: President Mamnoon Hussain has said that the concept of trade instead of aid after achieving the status of GSP Plus has opened new avenues for economic stability of the country. Addressing...

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Exporters show no mercy towards Kinnow growers

ISLAMABAD: Director Harvest Tradings Ahmed Jawad said it is unfortunate that growers, the real stakeholders of this industry are not given the proper price of their produce and every year they are...

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Govt trying to regain confidence of investors: Dastgir

Government would soon introduce multi-phased comprehensive plan to ensure national economical stability     SIALKOT: Federal Commerce Minister Khurram Dastgir Khan on Monday said the PML-N government’s...

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Textile bodies fear massive gas outages

FAISALABAD: The national-level textile industry organisations rang alarm bells and feared massive closure of industries as a result of gas supply cut or reduction in the existing 33 percent gas quota...

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Govt wants tax-to-GDP at 15pc, deficit down to 4.7pc: Dar

ISLAMABAD: Pakistani Constitution guarantees fundamental human rights and the present government attaches great importance to implementation of all relevant laws and regulations which safeguards these...

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Govt urged to take measures for promotion of textile industry

MULTAN: The government should take serious initiatives for the promotion of textile goods in the world, said All Pakistan Bed Sheets and Upholstery Manufacturer Association President Khawaja Jalaluddin...

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KCCI wants EU to help Pak exporters benefit from GSP Plus

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Vohra, has asked the European Union countries to assist Pakistan in improving its infrastructure so that a...

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Textile ministry to hold conference to create awareness about GSP-Plus

ISLAMABAD: With the aim to create awareness among all stakeholders about GSP-Plus compliance, the textile ministry has decided to organise conference in December. According to an official announcement,...

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$13b to $26b exports, 3m jobs creation target: Textile ministry to hold...

ISLAMABAD: With the aim to create awareness among all stakeholders about GSP-Plus compliance and to boost export from $13 billion to $26 billion along with three million job creation target, the...

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Textile exports up to $1.1b, garments to $1.9b: GSP Plus fetches $909m during...

ISLAMABAD: At a time when overall exports have witnessed a decline, exports to European Union (EU) under the duty-free access increased to $5.7 billion during January-September, $909.1 million more...

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27 conditions for GSP Plus: Treaty Implementation Cell in Commerce Ministry...

ISLAMABAD: Presidential Candidate for Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Muhammad Adrees, has lauded establishment of Treaty Implementation Cell (TIC) in the...

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