Pakistan's trade deficit with Gulf nations widened by 14 percent to $12.4 billion in the outgoing fiscal year through May, even as the country pushes for a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) to boost exports. Analysts warn that the FTA may deepen the deficit, citing an imbalance in the Pakistan-China trade deal.

Original article source: https://www.arabnews.com/node/2605856/business-economy
Source Id: 2025-06-759611777