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Posts tagged "import"

Pakistan to export potato, cherry, wheat to China, confirms Chinese ambassador

China imports a huge quantity of food for its population

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January 11, 2019


China to double its imports from Pakistan: Qureshi

Pakistan will make the most of the Chinese experience to increase exports

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November 8, 2018


Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said. While no decisions were made, the floating of radical measures to tackle Pakistan’s ballooning current account deficit by the newly…

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September 9, 2018


Pakistan should manufacture cellphones, says PTI senator

Pakistan should manufacture cell phones to save $1 billion the country spends annually on the import of mobile devices, Senator Shibli Faraz of the PTI said in Tuesday. The senator heads a special committee of the Senate on circular debt. “Pakistan spends $1 billion annually on the import of mobile phones. This is a luxury….

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August 7, 2018


Pakistanis spend Rs 200 billion annually on cigarettes

Reported by: Shakeel Ahmad ISLAMABAD: It has been found out that Pakistanis on an annual basis consume cigarettes whose total value amounts to Rs 200 billion. The number of smokers in Pakistan has exceeded the 25 million mark as cigarette manufacturers continue to reap profits. This in turn causes the government to pocket revenue amounting to…

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March 8, 2018


Iran to allow iPhone imports: state media

TEHRAN: Iran is preparing to allow local companies to import iPhones for the first time to try to curb the huge market in smuggled Apple products, state media reported Thursday. The trade ministry has requested licences from the country’s Trade Promotion Organisation for nine Iranian companies to import iPhones, according to the Tasnim news agency….

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August 11, 2016


India could ban imports of 24-carat gold jewellery: report

MUMBAI: India is planning to ban imports of 24-carat gold jewellery in an attempt to curb the misuse of free trade agreements (FTAs) with Asian countries, the DNA newspaper reported on Friday. The world’s second biggest gold consumer raised the import duty on the metal to 10 percent in 2013 to curb demand but that…

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December 6, 2015


PM to meet COAS, key personalities on return to country

ISLAMABAD: Prime Minister Nawaz Sharif who is on a visit to Saudi Arabia will meet Chief of Army Staff Gen Raheel Sharif and other important personalities on his return to brief about his recent important trips and meeting with his Indian counterpart Narendra Modi, Samaa reported Friday. Sharif would brief the Army Chief about his…

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July 17, 2015


Trade deficit widens to $19.735bn in 11 months

KARACHI: Pakistan's trade deficit widened by 11.73 percent to $19.735 billion for the July 2014 to May 2015 period, compared with a deficit of $17.663 billion for the same period last year, according to the Pakistan Bureau of Statistics. Exports declined to $21.875 billion in the eleven month period from $23.092 billion the previous year….

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June 16, 2015


Pakistan, Qatargas close to 15-year LNG supply deal

DOHA/ISLAMABAD: State-run Gulf energy company Qatargas is in the final stages of talks on a deal to supply Pakistan with 3 million tonnes of liquefied natural gas (LNG) annually for 15 years, industry sources in Doha told Reuters on Wednesday. Petroleum minister Shahid Khaqan Abbasi confirmed talks were under way with the Gulf state, but…

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February 18, 2015


PCB to get software for detecting illegal bowling actions

ISLAMABAD: Pakistan Cricket Board (PCB) head domestic cricket Intikhab Alam feels bowlers having illegal bowling actions are a worldwide problem saying the board is planning to import software from Australia to detect bowlers breaking the 15 degree elbow extension limit allowed by the ICC. Alam said besides setting up the biomechanics lab at the national…

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September 18, 2014


Dubai gold trade hurt by new Indian import tariffs

LONDON: Indian measures to discourage gold imports is shutting the door on top exporter Dubai, where trade activity has fallen by as much as 60 percent over the past two months, dealers said.With gold the most expensive non-essential item on India's import bill, the country's government, in moves to curb a bulging current account deficit,…

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September 24, 2013


India should import more oil from Iran: oil ministry

NEW DELHI: India's oil ministry wants to raise imports of Iranian crude – even though U.S. sanctions call for a cut – and has argued its case in a memorandum ahead of President Barack Obama's meeting with Prime Minister Manmohan Singh on Friday.Oil accounts for about a third of India's total imports and higher dollar…

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September 23, 2013


Suspected human hair in tablet cited in FDA's Ranbaxy import ban

NEW YORK: During a visit to a facility of leading Indian drugmaker Ranbaxy Laboratories Ltd last year, U.S. inspectors found that a black fiber embedded in a tablet may have been a hair from an employee's arm, according to documents seen by Reuters.That and other quality concerns led the U.S. Food and Drug Administration to…

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September 18, 2013


Import duty on mobile phones cut down

The government cut down the duty on import of mobile phones and satellite phone sets and leveled sales tax on the activation of mobile SIM card. Faiz Paracha reports from Islamabad.

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May 31, 2013


Pak. delegation set to visit Iran for talks over LPG, furnace oil import

Staff ReportISLAMABAD: A four-member Pakistani delegation is all set to leave of Iran on Sunday to attend two-day dialogues on February 25-26 in Tehran over import of LPG and furnace oil, SAMAA reports.Sources linked to the Ministry of Petroleum have informed that DG Gas, Sher Khan, will lead Pakistani delegation during two-day dialogues in Tehran…

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February 23, 2013


India has no plans to raise sugar import tax for now – sources

NEW DELHI: India has no immediate plans to raise the import tax on sugar, two government sources said on Monday, casting aside industry's calls for raising the duty to protect mills from cheap overseas supplies when the country already has a surplus.”We have no plans to raise the duty for now but we are keeping…

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January 7, 2013


ECC approves ban on old vehicles’ import, increase on wheat price by Rs. 150 per 40 kgs

Staff ReportISLAMABAD: The Economical Coordination Committee (ECC) has given approval for ban on import of three year old vehicles and increase of support price of wheat by Rs. 150 per 40 kilograms, SAMAA reports.A meeting of the ECC was held in Islamabad on Thursday. Federal Finance Minister Hafiz Sheikh chaired the meeting.After increase of Rs….

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November 22, 2012


Report reveals illegal import of over 40, 000 CNG cylinders

Staff ReportKARACHI: A report has revealed that more than 40, 000 CNG kits and cylinders have been illegally imported in Karachi.Custom authorities registered a case against three importers and launched a probe. According to the Custom authorities, import of CNG kits is banned in Karachi since 1st February this year. Despite the ban, over 40,…

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November 17, 2012


Pak-India talks over petroleum products’ import end in Islamabad

Staff ReportISLAMABAD: The two-day talks, over import of petroleum products, between India and Pakistan have ended in Islamabad today, SAMAA reported on Tuesday.The talks were held in Islamabad between top officials of the petroleum ministries of both countries; initially Pakistan will prefer to buy petrol and furnace oil from the neighboring country.According to the petroleum…

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May 29, 2012


S.Africa wants change in import labels, angers Israel

CAPE TOWN: Israeli goods produced in the occupied Palestinian territories and sold in South Africa may no longer be labelled “Made in Israel,” the South African trade minister said on Monday, causing concern in Israel that other countries may follow suit.”We are, through this notice, requiring that they be correctly labelled and it will then…

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May 21, 2012

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