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Tag Archives: export

Fast changing dynamics of global LNG market

Fast changing dynamics of global LNG market

Qatar witnesses a prosperous start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following a political breakthrough come an unexpected revenue bonanza, which saw Doha happily riding the waves of spiking Liquefied Natural Gas (LNG) prices in Asia. The combination of both developments – Qatar casting away its pariah state and probably playing a more nuanced …

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Review of Pakistan’s export and import during May 2020

Review of Pakistan’s export and import during May 2020

The economists revealed that worldwide economy is highly integrated by tourism, trade and remittances. According to World Trade Organisation (WTO), world merchandise trade because of COVID-19 is predicted to fall by 13 to 32 percent in 2020. During 2020 trade volume is predicted to decline by double digits in nearly all regions, depending on the duration of the outbreak and effectiveness of policy response. Trade in services is also predicted …

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Review of enormous minerals and natural resources of Pakistan

Review of enormous minerals and natrual resources of Pakistan

Pakistan is 6th most populous country of world having a population of 219,652,490 people; which is 2.83% of the total world population. Pakistan covers an area of 881,913 km2 (340,509 sq. mi), approximately equal to the combined land areas of France and the United Kingdom. It is the 33rd-largest nation of the world by total area. Pakistan is one of those countries which have enormous rich natural resources. It is blessed with vast …

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Impact of coronavirus on the consumer confidence

Impact of coronavirus on the consumer confidence

Uncertainty is worse than bad news. Some airlines in many countries have asked their employees to go on unpaid leave. There is a likelihood that the employees may be sent on forced leave without pay to cope with the unprecedented disaster globally. The coronavirus has infected over 135,000 people across the world and more than 4,900 people are believed to have died of the virus. In addition to Wuhan in China the …

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The export potential of Pakistan

  Achieving its annual exports target had been a struggle for the government due to the diverse problems the country is currently facing. The target of $27 billion for the financial year 2012-2013 was a difficult target for the government to meet, and is made worse due to the power shortages in the country and the present global economic situation. It was estimated that Pakistan would be likely to miss …

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Trade with India

  Pakistan and India offer natural markets for each other’s export products and both countries are pursuing policies of trade liberalization since early 1990s. In their mutual trade, they can enjoy the advantages of reduced transaction costs and quicker delivery due to geographical proximity, common language and a heritage of common physical infrastructures. During the first half of the current fiscal year, the two-way trade stood at USD 1.1 billion …

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Economic progress of Pakistan since 1947

  Pakistan has witnessed progress since independence when it comes to development of infrastructure and industries. Pakistan is recognized as a major textile exporter. Being an agrarian economy, the country is self-sufficient when it comes to food requirement, which is a plus factor. Through progress is seen with setting up of industries, infrastructure, commercial and residential properties, corruption and mis-management has made the progress slow. Political unrest and blame game …

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Is Pakistan losing Afghan market?

  Cement export to Afghanistan declined by 58 percent Despite earnest support to Afghan economy besides offering tariff free transit trade, the export of different commodities required for infrastructure development are on the decline to such an extent that the export of cement, the basic need for development, has declined by 58 percent to Afghanistan. Although the reasons for declining exports are being attributed to the withdrawal of NATO forces …

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Changing preference of buyers damaging local carpet exports

  Pakistan’s carpet industry needs likely reforms Carpet has more than 2,500 years of ancient history as Iranians were amongst the first carpet weaver of the age-old civilizations and through centuries of creativity and initiative building upon the talents of the past, this industry has achieved a special degree of excellence since. Though this industry is more technologically advanced now as new trend and design demands had made it more …

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Vast opportunities of export, investment exists in livestock

  Livestock is a vital sub-sector of agriculture in Pakistan as promoting dairy, meat and poultry business in this sector is more beneficial for the economic development of the country. Livestock contributed approximately 55.1 percent to the agriculture value added and 11.6 percent to the national GDP during 2010-12. Gross Value Added of the livestock sector at constant factor cost increased from Rs672 billion (2010-11) to Rs700 billion (2011-12) showing …

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