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In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. As of April 2015, Pakistan's exports stand at US$29 billion. List of trading partners
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
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According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
Pakistan and the United States established relations on 15 August 1947, a day after the independence of Pakistan, when the United States became one of the first nations to recognize the country. The relationship between the two nations has been described as a "roller coaster" characterized by close coordination and lows marked by deep bilateral ...
United Kingdom pledged £665 million to Pakistan from 2009 to 2013. Between 2014 and 2019, Pakistan was the largest recipient of direct UK foreign development aid. It received approximately £320 million in aid in 2019/20 as part of Department for International Development's programme. Pakistani proposals for foreign assistance
For example, on its recent investor day in late March, UPS management outlined how it almost doubled its healthcare-related revenue from $5.1 billion in 2016 to $10 billion in 2023 and planned to ...
Pakistan's foreign policy seeks to 'promote the internationally recognized norms of interstate relations, i.e. respect for sovereignty and territorial integrity of all States, non-interference in the internal affairs of other State; non-aggression and peaceful settlement of disputes. Pakistan has therefore always sought to develop friendly and ...
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