Pakistan: Trade deficit shrinks 39% in May
Pakistan’s trade deficit narrowed by 39.43% month-on-month (MoM) to $2.58 billion in May 2026, compared to $4.26bn in April 2026, as imports contracted sharply during the month. The improvement was…
Pakistan: European Union outlines new GSP+ terms
Pakistan and the European Union (EU) emphasized the importance of strong economic relations, reaffirming their commitment to continuing cooperation under the Generalised Scheme of Preferences Plus (GSP+) framework. Kaja Kallas,…
Tianjin Int’l Shipping Industry Expo kicks off
Participants are pictured during the 4th Tianjin International Shipping Industry Expo in north China’s Tianjin, on June 2, 2026. With the theme of “Shipping to the World and Navigating towards…
Pakistan, Italy sign accord to abolish visas for diplomatic passports
Pakistan and Italy have signed an agreement to abolish visa requirements for holders of diplomatic passports. Pakistan’s Ambassador to Italy, Ali Javed and Italian Foreign Affairs Secretary General Ambassador Riccardo…
65 years on, Laos-China ties yield strong, fruitful outcomes
Since the establishment of diplomatic ties on April 25, 1961, Laos and China have been committed to the principles of long-term stability, good-neighborliness, mutual trust and comprehensive cooperation. by Chanthaphaphone…
Pakistan: Rs200 billion import relief for industry
• Govt plans slashing ACD on 3,149 tariff lines and capping customs duty at 20pc in budget FY27• Second phase of five-year tariff plan targets automobiles, steel, textiles and chemicals…