• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Thursday, April 16, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Gwadar Free Zone to start exports in 2023

by Web Desk
July 28, 2022
in Economy
0
Gwadar Free Zone to start exports in 2023
322
SHARES
1.7k
VIEWS
Share on FacebookX

In a significant breakthrough, exports have begun in the Gwadar Free Zone for the first time with a 20-year exemption from all kinds of taxes and customs charges.

The Gwadar Free Zone (GFZ), both north and south, has begun supplying trade goods and manufactured products to the Pakistani local market in addition to exports to other nations.

Both excellent initiatives, coordinated with the e-Custom (Web-based One Custom – WeBOC) system, are meant to assist Pakistan in recognizing its goal of becoming a high-performing export-oriented nation in the global trading environment.

Agvon, a company operating in the Gwadar North Free Zone that deals with the import and processing of fertilizers, said that it will sell 20,000 tons of potassium sulphate to markets in Pakistan and beyond.

The company is anticipated to commence its production facility by the start of next year. To this end, Agvon has already procured 10 acres of land and the manufacturing setup is underway.

In addition, another industrial entity operating in the Gwadar Free Zone, HK Sun Corporation, will export its shipment to the tariff area in Pakistan.

According to this module, Gwadar zone can import from abroad and export to tariff areas and abroad. A Gwadar Free Zone official has stated that additional modalities will be introduced in the week to come. This is according to a document from Pakistan Customs.

He stated that exporting from the zone to the tariff area and abroad, and vice versa, through WeBOC would provide impetus to the industrialization drive and amplify commercial activities in Gwadar and the region. “It will expedite logistic services as well.”

Tags: ExportsFree ZoneGwadarlatestWeb-based One Custom
Web Desk

Web Desk

Related Posts

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

by Web Desk
April 15, 2026
0

WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility...

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

by Web Desk
April 14, 2026
0

Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...

Fitch affirms Pakistan’s credit rating at ‘B-’

Fitch affirms Pakistan’s credit rating at ‘B-’

by Web Desk
April 13, 2026
0

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing...

Pak-Turkiye relations rapidly moving towards economic partnership: PM

Pak-Turkiye relations rapidly moving towards economic partnership: PM

by Web Desk
April 7, 2026
0

Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

by Web Desk
April 6, 2026
0

Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...

Govt committed to facilitating global investors, especially in IT sector: PM

Govt committed to facilitating global investors, especially in IT sector: PM

by Web Desk
April 1, 2026
0

Prime Minister Shehbaz Sharif has reiterated the government’s commitment to facilitating international investors, particularly in the Information Technology sector, as...

Next Post
The Government Of Pakistan Puts 100% Stakes Of PIA, PSO, OGDC, SSGC, SNGPL, and PPL on Sale

The Government Of Pakistan Puts 100% Stakes Of PIA, PSO, OGDC, SSGC, SNGPL, and PPL on Sale

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.