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PAKISTAN ECONOMY

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    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

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    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

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    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

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    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Business & Finance
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

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    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

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    Center for Islamic Civilization: A Megaproject Recognized by the International Community

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    Khojaly Genocide: A bloody chapter in 20th-century history

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  • World
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    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

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  • Pakistan
    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    PSX recovers over 4,000 points during intraday trade

    PSX recovers over 4,000 points during intraday trade

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

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    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Pakistan tells IMF it is ready to raise interest rates

    Pakistan tells IMF it is ready to raise interest rates

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  • Home
  • Latest
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Business & Finance
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Fintech
  • Opinion
    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Barrick slows Reko Diq rollout as Iran war jolts region

    Barrick slows Reko Diq rollout as Iran war jolts region

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

  • Pakistan
    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    PSX recovers over 4,000 points during intraday trade

    PSX recovers over 4,000 points during intraday trade

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Pakistan tells IMF it is ready to raise interest rates

    Pakistan tells IMF it is ready to raise interest rates

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Home Business & Finance

Pakistan Proposes FTA with UK as Trade Ties Deepen

News Desk by News Desk
April 2, 2026
in Business & Finance, Latest
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Pakistan Proposes FTA with UK as Trade Ties Deepen
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The Government of Pakistan has suggested advancing towards a Free Trade Agreement (FTA) with the United Kingdom, describing it as a “natural progression” in their growing trade relationship.

The proposal came up during a high-level meeting in Islamabad between Federal Minister for Commerce Jam Kamal Khan and Edward Llewellyn, Director General Political of the United Kingdom. Discussions covered bilateral trade, regional security, and the evolving global energy landscape, according to an official statement released on Thursday.

British High Commissioner Jane Marriott was also present at the meeting.

Both sides reaffirmed their commitment to strengthening trade ties between Pakistan and the United Kingdom and reviewed progress under the Pakistan–UK Trade Dialogue. They welcomed the formation of a working group on healthcare and life sciences and agreed on the need to activate additional groups focusing on IT, agriculture, professional services, education, and skills development.

Speaking at the meeting, Jam Kamal highlighted Pakistan’s commitment to continuing structural reforms aimed at improving the trade environment and attracting foreign investment. He noted that tariff adjustments and regulatory reforms were designed to make the country more competitive and business-friendly.

He emphasised that “consistency in policy and gradual reforms are key to building long-term investor confidence.”

Secretary of Commerce Jawad Paul pointed out that the ongoing trade dialogue could provide a solid base for future collaboration. He proposed that both countries should consider moving towards an FTA over time, calling it a natural next step in their expanding economic partnership.

The UK side, meanwhile, asked Pakistan to consider its suggestions regarding proposed changes to the intellectual property framework and stressed the importance of policy stability.

In his remarks, Ed Llewellyn noted that investor confidence relies not only on policies but also on clear signals from the government. He said transparency and timely consultations would help reassure international investors and promote further investment.

Both sides also discussed Geographical Indicators (GI) and trademark registration issues related to Pakistani Basmati rice, agreeing to continue engagement on the matter.

On global issues, the two sides highlighted the strategic importance of the Strait of Hormuz, expressing concern over rising shipping costs and risks to global trade. Pakistan raised concerns about increased maritime charges affecting its exports and called for a fair assessment of risk zones.

The meeting concluded with an agreement to maintain close coordination and continue dialogue to address shared challenges while further strengthening cooperation in trade, energy, and regional stability.

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The writer is a media graduate, serving as the Head of Communications at the Center for Democracy and Climate Studies, and as an International Expert at Diplomatic Affairs.

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