Pakistan’s carbon trade test
The European Union’s Carbon Border Adjustment Mechanism (CBAM) is poised to reshape its international trade dynamics by introducing a carbon price on imports of specific goods. This measure is designed…
Big trade deals likely elusive at WTO meet in Abu Dhabi
The world’s trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove…
A revisit of trade components critical
Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of earning foreign exchange. Pakistan’s exports are consumer based and traditional – rice,…
How to reform trade
Pakistan’s economy faces a pivotal juncture, marked by the imperative need to reassess its import tariff structure. Recent trade data underscores the urgency for policy reforms to stimulate economic growth,…
Post-pandemic, world facing gloomy stew of debt, trade wars and poor
Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth…
Trade conundrum: who is at fault?
The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to negative 1.607 billion dollars, a positive trend that was touted by…
Internationalizing a university
I recently had the opportunity to visit Incheon in South Korea’s greater Seoul area. I spent time at the Incheon Global Campus, a global education hub hosting overseas campuses of…
Building back global trade
Ever since May 2023, when the 14-member Indo-Pacific Economic Framework (IPEF) reached an agreement on strengthening the resilience of global supply chains — a crucial aspect of the framework’s second…
Trade winds: On falling exports
The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export growth of over 20% in USD terms over the previous…
Terrorism and drug trade
Today (June 26, 2023) marks the International Day against Drug Abuse and Illicit Trafficking. This worldwide observance was decided by the UNGA in 1987 to raise the level of awareness…
