Barter transaction period extended from 90 to 120 days.Private firms permitted to form trade consortia.ECC approved amendments to the mechanism earlier this month.Pakistan has implemented a revised business-to-business Barter Trade Mechanism with Iran, Russia, and Afghanistan…
Related Posts
IMF cuts growth outlook, warns of potential global recession if Iran war worsens
International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018.— ReutersIMF cuts 2026 global GDP growth forecast to 3.1%.Fund warns longer conflict to push down economies.Surging oil prices to make hard to control inflation:…
Business community split over strike against FBR’s enhanced powers
A man sits in front of closed shops along a roadside in Peshawar on September 2, 2023, during a nationwide strike by traders against the surge in electricity and fuel prices. — AFPFPCCI postpones protest following talks with govt.KCCI decides to proceed with strikes against tax…
Crude oil slumps after reopening of Hormuz drains geopolitical risk from markets
3D printed oil barrels, rising stock graph are seen in this illustration. — Reuters/FileIran allows commercial shipping through Hormuz during ceasefire.Araghchi says route fully open for remaining ceasefire period.Brent settles at $90.38, down 9.1%; WTI fell below $90.
Oil prices…