Trusted companies are to be to be granted a number of trade privileges under the terms of a new facilitation initiative announced by the Pakistan Customs Service. More
The country’s Federal Board of Revenue (FBR) has announced that it will no longer impose regulatory duty and additional customs duty (ACD) on a range of raw materials imported by the textile industry. More
Last month, the European Commission published its biannual Report on the Generalised Scheme of Preferences (“GSP”) for the period 2018 - 2019. It is reported that over 10% of EU imports come from GSP beneficiary countries. According to the Commission, exports to the EU under GSP from 71 beneficiary countries reached around € 184 billion. More
Jointly operated and maintained by the Special Communication Organisation of Pakistan and China Telecom, the two-year, US$44 million high-speed Pak-China Optical Fibre Cable network built under the Belt and Road Initiative (BRI) officially entered service on 13 July. More
Over recent years, Pakistan has invested heavily in wind power, while also enlisting Chinese backing, under the Belt and Road Initiative (BRI) framework, to bring its new environmentally friendly facilities online. More
After attending the Belt and Road Forum for International Cooperation in Beijing, a top-level Pakistan delegation, led by Prime Minister Nawaz Sharif, visited Hong Kong to boost Pakistan’s position as an investment and development destination under the Belt and Road Initiative. More
