Pakistan-Rwanda Trade Pact Aims to Boost Exports, Cut Import Costs

Pakistan and Rwanda inked a bilateral trade and economic cooperation agreement on September 24, 2026, in Kigali, marking a historic breakthrough for Pakistan's economy. The pact seeks to establish direct business linkages, remove trade barriers, and foster joint ventures, with an immediate export potential of over $100 million for Pakistani products like pharmaceuticals and textiles. This agreement is expected to save hundreds of millions of rupees by enabling direct tea and coffee imports from Rwanda, bypassing intermediaries. While this pact could strengthen Pakistan's trade balance over time, its immediate impact on USD/PKR or local gold prices is likely to be gradual rather than sharp.

بحوالہ / Source: www.brecorder.com