Already saddled with a veritable catalogue of crises, Pakistan’s largest province, the Khyber Pakhtunkhwa (KP) now finds itself on the verge of industrial collapse, as extortion and kidnappings drive away all prospects for production or employment.
With a key U.S.-Africa trade agreement up for renewal in 2015, advocates on all sides of the issue say current policies are rife with shortcomings that leave many African businesses out in the cold.
Those responsible for the Bangladesh building collapse that killed more than 1,000 garment workers should be given life in prison, a government-appointed committee has said.
Raheel Tauseef is feeling quite powerless this summer. Frequent power outages in the industrial city of Faisalabad in the Punjab province of eastern Pakistan, where the 29-year-old and his family run three hosiery factories, are taking a heavy toll on their business.
Karachi, a sprawling city of 18 million, is the country’s economic hub. It accounts for 95 percent of Pakistan’s foreign trade and contributes 30 percent of national industrial production.
As one of the world’s 48 least developed countries (LDCs), Cambodia is afforded the most beneficial trade ranking to the European Union (EU) under the generalised scheme of preferences (GSP)
known as the Everything But Arms (EBA) scheme.