Oman’s Consul General in Karachi urges Pakistan to expand exports of agricultural products and explore opportunities in textile and leather sectors for better trade with Oman. There is also potential for increased investment in Oman, which has attracted substantial investments from other countries in the Gulf region.

The Consul General of Oman urges Pakistan to increase trade and investment, pointing out the significant investments made by other countries in Oman. He emphasizes the potential for Pakistani agricultural products, rice, meat, textiles, and leather industries to boost bilateral trade.

Pakistan’s weekly inflation marginally declined by 0.06%, providing a slight relief. However, challenges persist as the Sensitive Price Indicator remains elevated at 308.9 points. Food prices dropped, but energy prices continued to rise, contributing to the persistent inflation challenges.

A delegation from Islamabad Chamber of Commerce and Industry (ICCI) visited Thailand to explore business opportunities. ICCI President Ahsan Zafar Bakhtawari highlighted the potential for bilateral trade and the need to exploit opportunities for mutual benefit. The visit aims to unlock new business opportunities and forge strong partnerships between the two countries.

Pakistan’s rice exporters are challenged by Vietnam, the world’s top rice exporter. To address this, PREMA recommends investing in technology and infrastructure, forming trade alliances, and focusing on white broken rice production to tap into the lucrative market. Rice supplier HAS Rice offers a variety of rice types to support industry growth.

The Consul General of Oman urges Pakistan to increase trade and investment opportunities, emphasizing the potential for exports of agricultural products, textile and leather goods. He invites Pakistani investors to take advantage of Oman’s ports and assures a resolution to visa issues. The Karachi Chamber of Commerce & Industry emphasizes the need to reduce trade barriers and diversify products to boost trade and economic integration.

The Consul General of Oman in Karachi expressed disappointment with low trade levels between Oman and Pakistan, urging the business community to explore export and investment opportunities. Emphasis on increasing exports of agricultural products, textiles, and leather to Oman. Potential for Pakistani investors to utilize Oman’s five ports. Visa issues to be resolved. Pakistan urged to reduce trade barriers and diversify products for economic integration.

A delegation from the Islamabad Chamber of Commerce and Industry (ICCI) visited Thailand to explore untapped business opportunities, emphasizing the potential for bilateral trade and cooperation in various sectors, such as agriculture, textiles, and energy. The visit aims to establish connections and promote trade linkages between Pakistan and Thailand.

The annual short-term inflation in Pakistan remains high at over 40%, with gas prices being the main contributor. Cigarettes, wheat flour, and other items have also seen significant price hikes. On a weekly basis, consumer prices remained unchanged, contrasting the previous week’s 10% increase due to higher gas prices.

Pakistan’s inflation rate has exceeded 40% for two consecutive weeks due to a significant rise in gas prices, impacting essential commodities such as cigarettes, wheat flour, and chilli powder. Consumer prices remained stable compared to the previous week, but the country is witnessing a notable increase in inflation that affects consumers’ purchasing power. Source: [link]