Pakistan's cement exports in August increased by 30% year-on-year.

2020-09-23 11:43:14

Although overall exports fell in August, exports of tractors, steel, chemicals and cement increased by 186%, 100%, 90% and 30%, respectively.

According to the Economic and Commercial Office of the Chinese Embassy in Pakistan, data released by the Ministry of Commerce of Pakistan on September 4 showed that Pakistan's exports in August fell 19.5% year-on-year to $1.586 billion, compared with $1.969 billion in the same period last year. Pakistan's exports have fallen sharply since the blockade was imposed in March this year due to the epidemic, and after a slight increase in July, they showed a downward trend in August. Although overall exports fell in August, exports of tractors, steel, chemicals and cement increased by 186%, 100%, 90% and 30% , respectively . Daoud, a business adviser to the Prime Minister of

Pakistan, said that heavy rains and floods in Karachi and other areas had caused serious damage to infrastructure, disrupted the supply chain of goods and affected exports in August. Due to Pakistan's unprecedented monsoon rains, exporters are facing problems such as power cuts, slowing business activities, transport delays and port disruptions.

In addition, Pakistan's imports in August were US $2.968 billion, down 20% from US $3.71 billion in the same period last year. Pakistan's trade deficit also fell by 20.6% in August due to a sharp decline in imports and exports. In absolute terms, the trade deficit narrowed to $1.382 billion, compared with $1.740 billion in the same period last year.

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Although overall exports fell in August, exports of tractors, steel, chemicals and cement increased by 186%, 100%, 90% and 30%, respectively.

2020-09-23 11:43:14

On June 29, Ningxia Building Materials announced that the board of directors of the company had recently received the resignation report of Chief Financial Officer Liang Qi, who applied to resign from the post of Chief Financial Officer of the company because he had reached the legal retirement age and would no longer hold any position in the company after his resignation. The resignation report of Liang Yan shall take effect from the date of delivery to the board of directors of the company. In order to ensure the normal development of the company's financial work, before the board of directors appoints a new chief financial officer, Jiang Minggang, the president of the company, acts as the chief financial officer.