By Maqsood A. Butt

  The information which we have on the expected gains for Pakistan is long on generalities but very short on specifics. As stated earlier, about 1,560,000 TEUs containers shall be passing Pakistan in a year; 4,273 containers a day shall be existing/entering Sust which means 3 container every minute have to be custom-checked and cleared. […]

CPEC is often termed as ‘” game changer” and ” fate changer” which it could be —–rather should be, since it has emerged at a very critical juncture in the 69 years history of Pakistan. Pakistan which is located in a very strategic position, shall gain unmatched importance by connecting directly western China, Turkmenstan, Uzbekistan, […]

Underinvoicing is the act or practice of stating the price of a good/service on an invoice as being less than the price actually paid/to be paid. Underinvoicing occurs when the importer reduces the financial impact of a tariff or when a seller reduces his apparent profits so as to pay less in taxes. Underinvoicing is […]

Exact age of the cotton is not known but pieces of cloth have been found in caves in Mexico, which prove to be 7000 years old. In the Indus River Valley in Pakistan, cotton was being grown, spun and weaved into cloth 3000 years BC. Cotton, which accounts for 31% of worldwide fiber production, requires […]