Pakistan Tightens Vehicle Import Standards to Boost Safety and Environmental Compliance Islamabad – The Engineering Development Board (EDB), operating under the Ministry of Industries and Production (MoI&P), has announced a major update to vehicle import regulations aimed at enhancing road safety, environmental standards, and consumer protection. The new rules, detailed in an official notification, expand […]
Government Moves to Stabilize Sugar Prices with Import Agreement Islamabad – In a bid to address domestic sugar shortages and curb rising prices, the government has approved the phased import of sugar. According to official sources, Letters of Credit (LCs) have already been issued to banks, paving the way for shipments to arrive at Pakistani […]
Pakistan Re-Issues Tender for 100,000 Tons of Sugar After Bids Fail to Meet Standards The Trading Corporation of Pakistan (TCP) has floated a fresh tender to import 100,000 metric tons of sugar, after failing to strike a deal with any of the three firms that previously submitted bids. According to official sources, none of the […]
The West Texas Intermediate light crude cargo will be loaded from Houston this month and is expected to arrive in Karachi in the second half of October, Qureshi said. “This is a test spot cargo under our umbrella term agreement with Vitol. If it is commercially viable and available, we could import at least one […]
Southeast Asia’s biggest economy has pledged to step up agriculture, energy, and merchandise imports to close the trade gap with Washington, and earlier this week struck a $1.25 billion deal to buy more US wheat. Trump has threatened Jakarta with a 32 percent tariff on top of a base 10 percent if it does not […]
Pakistan Lowers Import Duties on Many Products The government has announced lower import taxes (called regulatory duties) on many items to support manufacturing, reduce prices, and encourage business. Changes for Industries and Food: Industrial sector: Taxes on raw materials used in factories have been reduced. Animals and fish: Only 5% duty on animals and chickens […]
The prime minister, who chaired a meeting on National Tariff Policy, took this historic step by approving a gradual but significant reduction in import tariffs. “This move is being considered a major milestone toward economic improvement that will enable export-led growth. This decision is expected not only to help control unemployment but also to keep […]
An official notification from India’s Ministry of Commerce and Industry, issued on Saturday, states: “Prohibition on Import from Pakistan. The direct or indirect import, or transit, of all goods originating in or exported from Pakistan, whether freely importable or otherwise permitted, shall be prohibited with immediate effect until further orders. This restriction is imposed in […]
Over 151,787 metric tons of fish and fish products valued at $322.906 million were exported during the period from July-March 2024-25 as compared to the 145,671 metric tons worth of $289.568 million of the same period of last year, according the data of the Pakistan Bureau of Statistics. Meanwhile, meat and meat products exports during […]
According to market sources, the price of sugar has risen by Rs25 per kg over the past two days. Just two days ago, sugar was being sold at Rs155 per kg in the retail market, which now has reached a record Rs180 per kg. The wholesale market rate of sugar in Quetta is Rs175 per […]
