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Pakistan Targets Informal Gemstone Trade Under New National Policy

The National Gemstone Policy 2026–2030 has been approved by the federal government to develop Pakistan’s gemstone industry and formalise trade. Gemstone reserves exceeding $450 billion are estimated to be held by the country, yet annual official exports remain limited to $5–7 million. More than 95% of trade is believed to be conducted through informal channels. A statutory authority is expected to be established, while certification, valuation, financing, mining practices and international market access are planned to be improved under the policy.

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Pakistan Refinery Upgrade Plan Discussed With Honeywell in Washington

Finance Minister Muhammad Aurangzeb met Honeywell Technologies in Washington to discuss the modernization and expansion of Pakistan’s refinery sector. Technology solutions, equipment and financing options through US institutions and international banks were reviewed. Broader Pakistan-US economic talks have also been resumed, covering tariffs, market access, investment and bilateral trade.

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Major Corn Import Tender Is Issued by Nonghyup Feed

An international tender has been issued by South Korean feed producer Nonghyup Feed Inc to purchase up to 138,000 metric tons of animal feed corn. Price offers are required to be submitted by Tuesday, July 21. The corn is expected to be delivered to South Korea in two consignments ranging from 45,000 to 69,000 tons. Arrivals are being sought for November and December as feed grain supplies are planned to be secured for the domestic livestock industry.

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Pakistan’s First RoRo Operation

Over 2,000 ElePakistan’s first Roll-on/Roll-off shipment was received at Karachi Port as M.V. Grande Shanghai arrived with more than 2,000 electric vehicles. The 220-metre vessel was successfully berthed at the KGTML terminal of Karachi Port Trust, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry announced. Pakistan’s port capacity for specialised cargo operations was highlighted by the shipment. Under the RoRo system, vehicles are driven directly on and off ships, allowing handling time to be reduced, safety to be improved and port efficiency to be enhanced.ctric Vehicles Are Delivered in Pakistan’s First RoRo Operation

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