The World Bank says Pakistan is among the countries facing severe water scarcity, with large volumes of water wasted due to inefficient irrigation systems and ineffective agricultural practices. Emphasising the need for improvements in the tax system, more efficient use of water and subsidy reforms, the Bank has identified wide-ranging reform requirements in the agricultural and social sectors.
In 2025, Pakistan's mineral exports to China recorded strong and diversified growth, according to the latest trade data, underscoring deepening industrial cooperation and rising demand from China's manufacturing, infrastructure and green-energy sectors. According to China's General Administration of Customs (GACC), among the standout performers, copper and copper-based exports continued to expa
Pakistan has found an alternative oil supply route as a $430 million US crude deal by the private sector has helped reduce reliance on the Hormuz route and narrow the trade gap. In a notable private sector development with broader economic implications, Cnergyico Pk has executed a commercial transaction for the import of six million barrels of US West Texas Intermediate (WTI) crude valuing at a
The Consulate General of Pakistan in coordination with Trade Development Authority of Pakistan (TDAP) organised Pakistan-UAE Trade Conference and Business Networking event at Pakistan Association Dubai. The event was organised in the honor of Pakistani exhibitors participating in Gulfood 2026 being held from 26-30 January 2026. The event attracted a distinguished gathering of Diplomatic Corps r
Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted US crude output and exports, while Middle East tensions lent additional support. Brent crude futures rose 28 cents, or 0.4%, to $67.85 a barrel by 0410 GMT, while US West Texas Intermediate crude climbed 35 cents, or 0.6%, to $62.74 a barrel. Both benchmarks surged about 3% on Tuesday. US