ISLAMABAD: Pakistan has limited options to respond after US President Donald Trump announced a 25 per cent tariff on any country doing business with Iran, analysts say. The move, issued via social media and effective immediately, marks a sharp escalation in Washington’s economic pressure campaign against Tehran. Read More: China vows to counter Trump’s Iran tariffs […]
Regional Trade
Afghanistan seeks Central Asian trade to cut reliance on Pakistan
Afghanistan is attempting to deepen trade ties with Central Asian nations as it works to reduce its long-standing economic dependence on Pakistan. The push comes amid deteriorating relations between Kabul and Islamabad, marked by deadly cross-border clashes and the prolonged closure of key trade routes. Afghan traders say the month-long shutdown of border crossings has […]
Pakistan, Iran agree to boost maritime, road and rail connectivity
ISLAMABAD: Pakistan and Iran have agreed to enhance cooperation in the blue economy by expanding maritime, road, and rail connectivity to strengthen regional trade and foster closer people-to-people relations. The understanding was reached during a meeting between Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Iran’s Minister for Roads and Urban Development, Farzaneh Sadegh. […]
Pakistan boosts regional trade to $357M in July
Pakistan’s exports to nine regional countries reached $357 million in July, showing a 5.10% increase from the previous year. The rise was driven by higher shipments to China, Bangladesh, and Sri Lanka. This data comes from the State Bank of Pakistan and reflects early trends for the current fiscal year. Despite the overall growth, exports […]
Pakistan reaffirms strong commitment to SCO for regional trade and connectivity
Foreign Minister Ishaq Dar emphasized Pakistan’s commitment to constructive engagement within the Shanghai Cooperation Organisation (SCO). He highlighted the importance of collaboration in areas like bilateral trade, transport, and regional connectivity. The SCO includes key nations such as China, India, Russia, and Iran, among others. This diverse group aims to foster mutual benefit for its […]