ISLAMABAD: Pakistan’s textile and apparel sector faces increased competition in the European Union (EU) following the conclusion of the EU-India Free Trade Agreement (FTA), analysts say. The deal effectively blunts Pakistan’s longstanding tariff edge, which had been supported by the GSP+ duty-free access scheme. Read More: Merz hints at EU–India free trade agreement by January The EU […]
Textiles
Pakistan’s Exports Decline, Trade Deficit Hits $9.4 Billion in Q1 FY2025–26
ISLAMABAD –Official data shows that Pakistan’s exports from 30 out of 71 key sectors fell during the first quarter of fiscal year 2025–26, contributing to slower export growth and an increasing trade deficit. According to the Pakistan Bureau of Statistics (PBS), the trade deficit surged to $9.4 billion between July and September. Exports declined by […]