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Govt has presented inclusive, growth-oriented budget: Shaukat Tarin - Business

Exports increase 14pc to $22 6bln in July-May

Pakistan establishing border markets to increase trade with Iran

Pakistan establishing border markets to increase trade with Iran Business June 2, 2021 ISLAMABAD: Pakistan is setting up three markets in areas bordering Iran to improve bilateral trade and create economic opportunities for people, commerce adviser said on Tuesday. Adviser to Prime Minister for Commerce and Investment Razak Dawood said three border markets are being established at Gabd, Mund and Chedgi in Balochistan near the border with Iran. The memorandum of understanding to establish border markets along the border was signed between Pakistan and Iran in April, Dawood said on Twitter. The agreement was signed during Foreign Minister Mehmood Qureshi s tour to Iran.

IT exports surge 46pc to $1 7bln in July-April

Business May 26, 2021 ISLAMABAD: Pakistan’s IT exports surged 46 percent to $1.7 billion in the first 10 months of the current fiscal year of 2020/21 as rapid digital transformation driven by social-distancing orders increased demand of online services, official data showed on Tuesday. Ministry of commerce data showed that information and communication technology and telecom exports grew from $1.17 billion in the corresponding period a year earlier. In April 2021, these exports grew 66 percent to $196 million as compared to $118 million in April 2020. Adviser to Prime Minister of Pakistan for Commerce and Investment Razak Dawood said ICT and telecom exports now look set to breach the $2 billion mark for the first time in the history.

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