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The exports from Pakistan increased by 4.98 per cent during the first half (H1) of the current fiscal year (2020-21) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported.
Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China, reports said on Wednesday.
Pakistan’s Minister for Planning and Development Asad Umar has said the government is targeting the groundbreaking of first Special Economic Zone (SEZ) under China-Pakistan Economic Corridor (CPEC) by the end of this month.
China-Pakistan Free Trade Agreement Phase-II (CPFTA-II) effective since Jan.1, last year is now showing results. Pakistan’s exports to China shot up by 64 per cent during January-March 2021,