Pakistan’s trade gap with Gulf partners narrows 26pc

Pakistan's trade deficit with its Gulf partners narrowed by 26 per cent to $2.85 billion in the July–September quarter.

The Gulf states are among Pakistan's biggest sources of oil imports and also host millions of Pakistani workers whose remittances support the economy.

Economists say a narrower gap eases pressure on foreign exchange reserves, though they stress that higher exports, not just lower imports, are needed for lasting improvement.