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Articles for tag: Argentina, Ecuador, eliminate, Guatemala, products, Salvador, tariffs

November 14, 2025

News Desk

US to eliminate tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador

A drone view shows the Dock Sud port in Avellaneda, Buenos Aires province, Argentina, October 10, 2025. — Reuters WASHINGTON: The United States announced Thursday it will eliminate tariffs on some food and other imports from Argentina, Ecuador, Guatemala and El Salvador as part of framework agreements that will give American companies greater access to those markets. The deals are expected to help lower prices for coffee, bananas and other foods, a senior Trump administration official told reporters, adding that the administration expects U.S. retailers to pass on the positive effects to American consumers. Framework agreements with most of the

July 3, 2025

News Desk

Petroleum Products Witness 7% Increase in Sales in Financial Year 2024-25

Fuel workers are waiting for customers in Islamabad. – AFP/file Sales of oil products reach 16.32 million tonnes of FY25. The MS Offtake reaches 0.73 million tonnes in June to mark 36 months high. OMCS publishes 8.0% increase in June sales after Reduce MS, HSD prices. Karachi: Reflecting on oil growth, Pakistan was observed 7.0% on an annual basis (YOY) in oil sales during FY25, reaching 16.32 million tonnes, compared to 15.28 million tonnes of FY24, according to official figures, according to official data, The news reported on Thursday. During the financial year ended on June 30, gasoline (MS) and

June 19, 2025

News Desk

Senate Committee rejects carbon tax on oil products

Senator Saleem Mandviwalla is chairing a permanent committee meeting for finance and revenue. – Senate of Pakistan/x Govt proposes RS2.5 per liter of fuel tax on FY26 budget. Sherry Rehman says that carbon load for the common man. He adds that the contribution should be imposed on industries. The Senate Finance Committee rejected on Thursday two basic budget requirements for the financial year 2025-26 – the imposition of carbon levy on oil products and a tax on small cars. Initially, the proposal was revealed by Finance Minister Muhammad Aurangzeb during his speech on June 10, 2025. According to the proposed

May 19, 2025

News Desk

Indian retailers boycott Turkish products over Turkiye’s support for Pakistan

Small Indian grocery stores and large fashion retailers online can be boycotted by Turkish products ranging from chocolates, coffee, jams and cosmetics to clothes in the midst of increasing rage in Turkiye’s support for Pakistan. Turkish President Tayyip Erdogan expressed public solidarity with Pakistan, after India carried out military strikes in response to an attack on Indian illegal occupied jams and Kashmir (Iiojk). The cross -border battles continued for four days before the start of the ceasefire. On Monday, the All India Consumer Federation (AICPDF), which supplies 13 million grocery stores, said it began a “vague and complete boycott” of

March 27, 2025

News Desk

Gwadar Free Zone products for the world market

The image displays the Gwadar port. – Reuters SIFC has also played a key role in promoting exports, says the Ministry of Sailor. The employee says SIFC’s support to coordinate the exemption from the export policy is a step in the new direction. Other export -oriented industries in the future may be associated with fundraisers. ISLAMABAD: Product exports from Gwadar Free Zone (GFZ) are going to start, playing a central role not only in the port of the port on a sustainable basis, but also raids on the international market, The news reported. Said a senior employee of the Ministry

February 9, 2025

News Desk

FDA remembers roasted products against Listeria risk that affects millions of products

Listen to the article The US Food and Drug Administration (FDA) has issued a recall for about 2 million baked products, including various types of donuts, due to the risk of infection Listeria monocytogenes. The recall affects 60 products manufactured by FGF Brands, a wholesale dough supplier that distributes baked products in the United States and Canada. According to the FDA, the affected products – produced before December 13, 2024 – include flavored and filled donuts, cinnamon sticks, French crullers and fritters. Some of them were also sold to Dunkin ‘. Recall sorting and consumer counseling Initially announced on January

February 2, 2025

News Desk

Sustainability Standards for the Development of Exports of Textile Products

Listen to the article Islamabad: Cooperation between the Pakistani Textile Council (PTC) and an international advisory body is expected to boost the exports of Pakistan’s textile products, ligating the production of cotton with worldwide viability points and enhancing competitiveness in international markets. He served at a meeting on Saturday between the PTC and a delegation of the International Cultural Council (ICAC), led by Executive Director Eric Trachtenberg and Kanwar USMan Textile Manager. The delegation was accompanied by Dr. Yusuf Zafar, Vice President of the Pakistani Central Cotton Committee (PCCC), who works at the Ministry of National Security and Food Research,

December 12, 2024

News Desk

The government is set to increase IFEM by Rs 2.5 per liter on POL products

A worker holds a fuel nozzle to fill a car with fuel at a petrol station in Karachi, September 16, 2023. — Reuters An increase of Rs 2.5 per liter IFEM is proposed as an interim funding measure. Exemption from sales tax makes refinery upgrades unsustainable. The refinery upgrades are aimed at producing Euro V compliant POL. ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) on Wednesday asked the Petroleum Department to come up with a way forward within a week to start upgradation projects worth $5-6 billion for the local refineries. Federal Minister for Planning and

October 31, 2024

News Desk

The EU is investigating the Temu shopping app for illegal products

The Temu logo is seen in this picture taken on August 22, 2024. — Reuters BRUSSELS: The EU launched a formal investigation on Thursday into Chinese-founded e-commerce platform Temu on suspicion that the site is doing too little to stop the sale of illegal products, in an investigation that could lead to hefty fines. Extremely popular in the European Union, despite only entering the continent’s market last year, Temu averages around 92 million monthly active users on the block. The investigation will also look at the risks of the platform’s “potentially addictive design” which could have “negative consequences” on users’

July 25, 2024

News Desk

The government will decide on the deregulation of petroleum products in a crucial meeting today

Listen to the article A meeting is to be held today regarding the possible delegation of the authority to set fuel prices to oil marketing companies (OMCs), sources in the petroleum ministry confirmed. Petroleum Minister Musadik Malik will chair the meeting, which will consider the devolution of power to set prices of petroleum products to OMCs, following a desk order issued by Prime Minister Shehbaz Sharif yesterday. In the ministerial order, the prime minister directed the Directorate of Petroleum to finalize and present the deregulation framework for the petroleum sector. Oil and Gas Regulatory Authority (OGRA) Chairman Masroor Khan is

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