Pakistan’s terms of trade, which measure the ratio of export to import prices, have not only been adverse, but have also deteriorated over the years, which has adversely impacted the economy in terms of growth and balance of payments. If an economy’s terms of trade are less than 100%, they are regarded as adverse. This [...]
It is the early 2000 at the Saindak Copper Gold Project. I am with a Chinese friend and we are enjoying the setting sunset behind the lofty western mountain ranges bordering Pakistan and Iran. The fascinating façade of the mountains darkens as the sun turns into a speck vanishing into the horizon. Our topic today [...]
The last century saw the transformation of China as it took a giant leap. It turned from a poverty-stricken to a fast developing country because of persistent efforts by the nation. China entered the 21st century with the status of a rapidly growing developing country. It maintained double-digit GDP growth for years and continued to [...]
The Drug Regulatory Authority of Pakistan (Drap) has assured the pharma industry that in order to further facilitate exports, the authority will establish a separate desk where all concerns of exporters regarding issuance of necessary documentation will be addressed. Pharma exports are currently earning $230 million with potential to expand up to $2billion. A meeting [...]
The Senate Standing Committee on Finance, Revenue, and Economic Affairs was informed on Tuesday that devaluation of Pak rupee would help boosting the country’s foreign exchange reserves with the increase in country’s exports and foreign remittances, and decline in imports, and current account deficit. “Although positive consequence have started surfacing due to the devaluation of [...]
BEIJING: The China International Import Expo (CIIE), starting from November 5 in Shanghai, will open the country's market further to the world as many exporters, including those from Pakistan, plan to take advantage of this unique opportunity. A look at China's market reveals that it is the world's biggest destination for agricultural products including grains, [...]
