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Articles for tag: commercial, Experts, footprint, governments, PIA, privatization, reflects, seriousness, shrink

December 28, 2025

News Desk

PIA privatization reflects government’s seriousness to shrink commercial footprint: experts

A PIA plane is pictured mid-flight. — AFP/File KARACHI: Experts have hailed the delayed privatization of Pakistan International Airlines (PIA) saying the move sends a strong signal to investors that the government is serious about shrinking its commercial footprint and tackling inefficiencies that have drained public resources for years. The News reported on Wednesday. “The government will have to make sustained efforts to get out of business,” Uzair Younus, a Washington-based economic analyst, said in comments to the report. He described the PIA transaction as a turning point, adding that other sectors, particularly energy, should follow. “Privatization and deregulation of

November 30, 2025

News Desk

Iran and Turkey agree to establish major commercial rail link

Turkish Foreign Minister Hakan Fidan (L) and Iranian Foreign Minister Abbas Araghchi hold a joint press conference in Tehran on November 30, 2025.— AFP Iran and Turkey have agreed to start construction of a new joint rail link that will serve as a strategic gateway between Asia and Europe, Iranian Foreign Minister Abbas Araghchi said on Sunday. The planned route, known in Iran as the Marand-Cheshmeh Soraya transit rail line and heading to Turkey’s Aralik border region, will cover about 200 kilometers (120 miles). It will cost about $1.6 billion and is expected to take three to four years to

October 13, 2025

News Desk

PSX expands losses amid IMF delay, expanding the commercial gap

Brokers are busy with Pakistan’s Stock Exchange (PSX) in Karachi on Wednesday 4 June 2025. – PPI The KSE -100 index closed at 158,443.42 points, below 4,654.77 points, or -2.85%. Low session was recorded on 158,067.92, a decrease of 5,030.27 points or -3.08%. The index recorded an intraodam high of 161.988.12, below 1,110.07 points, or -0.68%. The stock market continued transparency down Monday, as investors reacted to renewed concerns about the vague revision talks of the International Monetary Fund (IMF), an expanding trade deficit and persistent fiscal challenges. The Pakistani Stock Exchange (PSX) reference index closed at 158,443.42, below 4,654,77

October 12, 2025

News Desk

Beijing accuses us of increasing commercial tensions, defending rare land

China called on Sunday’s latest US invoices of President Donald Trump for hypocritical goods and has defended exports of rare land exports and equipment, but stopped imposing new contributions to US products. Trump on Friday responded to the latest Peci export controls, imposing 100% invoices on China exports, along with new critical software export controls until November 1st. Renewed commercial tensions have hit Wall Street, sending large technological shares, concerned that foreign companies depending on the production of transformed rare earths and rare -land magnets and could derail a summit between Trump and Trump. In response to Trump The statement

October 11, 2025

News Desk

Commercial tensions are increasing as Trump announces 100% invoices in Chinese exports

US President Donald Trump is attending a bilateral meeting with China’s President Xi Jinping during the G20 Leaders Summit in Osaka, Japan, June 29, 2019.- Reuters Software export checks to get into force. Trump says “no reason” to meet XI in three weeks. The rift between 2 larger economies leaves the markets. China will hit port fees in American, operate, built or highlighted boats on Tuesday as countermeasures for US port charges on ships connected to China starting the same day, the Chinese Transport Ministry said on Friday. Later on the day, US President Donald Trump said it is increasing

October 4, 2025

News Desk

The balloons of the Pakistan commercial deficit almost 46% at 3.3 billion.

A representation picture shows a general view of the Karachi port. – AFP/file A deficit for the stress of foreign stocks, the volatility of fuel rupees, the special points. They say that the commercial gap of goods emphasizes the structural weakness of exports. Warden that the deficit can derail stabilization profits in the IMF program. Islamabad: Pakistan’s trade deficit reached 46% in September 2025 at $ 3.34 billion, official figures showed on Thursday, as imports increased and exports declined, increasing pressure on the country’s fragile overseas sector The news reported on Friday. The deficit, from $ 2.29 billion in September

September 26, 2025

News Desk

The US tells India that Russian oil curbs are the key to the progress of commercial transactions

One view shows the slots of oil pump outside Almetyevsk, in the Republic of Tatarstan, Russia July 14 2025.- Reuters The US official says ongoing commercial talks about the positive part. Restriction of the Russian oil market vital to reduce invoices: negotiators. India needs more work to deal with US concerns: American employee. United States trade negotiators have told their Indian counterparts that Russian oil markets are vital to the reduction of India’s pricing and sealing a trade agreement, two people who are familiar with the talks they said Reuters. While trade negotiations are on a positive journey, one US

September 14, 2025

News Desk

US and China Open Madrid talk about commercial ruptures, Tiktok and Russian oil

Americans and Chinese officials began talks in Madrid on Sunday for their stretched trade ties, a deadline for the Chinese brief Tiktok application and Washington’s requests that its allies would place invoices in China. US Secretary of Finance Scott Bessent and US Commercial Representative Jamieson Greer arrived shortly before Chinese Vice President He Lifeng and China’s leading trading negotiator, Li Chenggang, at Baroque Palacio de Santa Cruz, hosting the Foreign Ministry of Spanish. The talks mark the fourth time in four months when delegations met in European cities to try to maintain a crushed US-China trade relationship from the collapse

September 12, 2025

News Desk

Meeting reviews commercial performance

Islamabad: Commerce Minister Jam Kamal Khan underlined the need to differentiate products and export markets focusing on high -value and non -traditional sectors. He also called for the development of import substitution strategies to reduce the dependence on food and energy imports. The minister chaired a high -level meeting on Thursday to review Pakistan’s trade performance during the first two months of the current financial year. Senior officials and representatives of the relevant departments attended the meeting. It was noted that Pakistan’s exports remained stable at $ 5.11 billion in July-August 2025-26, despite provocative global conditions. The sector of textiles

August 30, 2025

News Desk

Trump Restoration of India Visit amid escalation of commercial tensions: Report

US President Donald Trump talks to the press as he meets India Prime Minister Narendra Modi at the White House Oval Office in Washington, DC, February 13th 2025. – AFP Trump was scheduled to watch Quad Summit in India earlier. Tensions between Trump, modi deepen after June’s phone call. Modi shifted the focus to alternative collaborations. US President Donald Trump threw a plan to visit India later this year, as trade friction and political disputes housing relations between Washington and New Delhi, The New York Times He mentioned, citing people who are familiar with the subject. Growth comes after months

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