The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
The economy of Bangladesh is a major developing mixed economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven. It has been transitioning from being a frontier market into an emerging market. Bangladesh is a member of the South Asian Free Trade Area and the World Trade Organization. In fiscal year 2021–2022, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic. Bangladesh is one of the fastest growing economies in the world.
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a president, CEO, or executive director, plus staffing appropriate to size, to run the organization.
The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia. Its member states are Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAARC comprises 3% of the world's land area, 21% of the world's population and 5.21% of the global economy, as of 2021.
The Economic Cooperation Organization or ECO is a Eurasian political and economic intergovernmental organization that was founded in 1985 in Tehran by the leaders of Iran, Pakistan, and Turkey. It provides a platform to discuss ways to improve development and promote trade and investment opportunities. The ECO is an ad hoc organisation under the United Nations Charter. The objective is to establish a single market for goods and services, much like the European Union. After the dissolution of the Soviet Union, the ECO expanded to include Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in 1992.
The Federation of Indian Chambers of Commerce & Industry (FICCI) is a non-governmental trade association and advocacy group based in India. Dr. Anish Shah, Group CEO and Managing Director of Mahindra & Mahindra, is the current President of FICCI.
The Tanzania Chamber (TCCIA) is a Tanzanian government institution with a mandate to promote industry and business, and to facilitate an interface between the private sector and public sector in the country. TCCIA was founded in 1988 and its head offices are in Dar es Salaam. It has played in important role in the privatization and liberalization of Tanzania's economy.
Federation of Bangladesh Chambers of Commerce and Industries is the apex trade organization of Bangladesh playing consultative and advisory role in safeguarding the interests of the private sector in the country.
Shahzada Alam Monnoo was a Pakistani industrialist and politician. He served in the Federal cabinet as Minister of Commerce and Textile Industry, Privatization and Investment between 15 November 2007 and 25 March 2008. He died on 18 November 2014.
The Ministry of Commerce ; abbreviated as MoCom), is a Cabinet-level ministry of the Government of Pakistan concerned with economic growth and commerce development and promotion in Pakistan. The administrative head of the ministry is the Commerce Secretary of Pakistan, presently Muhammad Sualeh Ahmad Faruqi. The political head, Minister of Commerce, is required to be the member of Parliament.
Nepal–Pakistan relations refer to the bilateral relations between Nepal and Pakistan, both Himalayan states located in the Indian subcontinent. After the Partition of British India in August 1947, Nepal moved to establish diplomatic relations with the Dominion of India, but did not do so with the Dominion of Pakistan. Official diplomatic ties did not exist between the two states until initial steps were taken on 29 March 1960; these relations were then fully established in 1962 and 1963. Both nations have since sought to expand their bilateral trade, strategic and military cooperation. In 1972, following Pakistan's defeat in the Bangladesh Liberation War and the secession of East Pakistan as the People's Republic of Bangladesh, Nepal recognized the latter's independence. Pakistan severed ties with Nepal shortly afterwards, but these were later re-established.
Eurochambres is the Association of European Chambers of Commerce and Industry. The association is a representative organisation in Brussels for businesses in Europe through 42 members and a European network of regional and local chambers. It was established in 1958 as a direct response to the creation of the European Economic Community.
Morocco–Pakistan relations have traditionally been strong and cordial, since their establishment in the 1950s. Morocco maintains an embassy in Islamabad, whilst Pakistan maintains one in Rabat. Both countries are members of the Organisation of Islamic Cooperation, Group of 77 and Non-Aligned Movement.
The Chamber of Commerce and Industry of the Russian Federation is a non-governmental, non-profit organization that operates under the Russian Federation Law on Chambers of Commerce and Industry in the Russian Federation and the Chamber's Charter and represents the interests of small, medium-size, and big businesses encompassing all business sectors—manufacturing, domestic and foreign trade, agriculture, the finance system, and the services. Chaired by Sergey Katyrin.
Arab British Chamber of Commerce established 6 February 1975, is an international trade organisation based in London. Although a not-for-profit body, its role is to encourage, promote and facilitate trade, investment and joint ventures since 1975 between participating representatives of Arab states and of the United Kingdom (UK).
Real estate in Pakistan is a growing sector of the economy of Pakistan.
The Chamber of Commerce and Industry of Serbia is independent, modern and responsible non-budget institution, the national association of all Serbian businesses which its tradition, experience, and knowledge put in the best interest of its members and the economy of Serbia. To establish Serbia as a country with great investment potential, free market economy and open borders, a country prepared to be competitively integrated into the European mainstream. A century and a half long tradition of the chamber system of Serbia and widely spread chamber network encompassing sixteen Regional Chamber of Commerce, two Provincial Chambers, Belgrade Chamber of Commerce and Industry and nine representative offices abroad are supporting economy and the business community.
Women Chamber of Commerce & Industry Quetta is a semi-governmental organization, approved and recognized by the Ministry of Commerce. It is a non political trade body affiliated with Federation of Pakistan Chambers of Commerce & Industry and promoting women entrepreneurs. WCCI Quetta is the premier body of trade and industry of Balochistan. WCCI Quetta is promoting the interests of Balochistan Commercial & Industrial Community as well as economic activities.
SAARC Chamber of Commerce and Industry, recognized as a regional apex trade body by South Asian Association for Regional Cooperation is a constellation of the eight national Federation Chambers of Commerce and Industry of the member states of SAARC. The rationale behind the creation of SAARC Chamber of Commerce and Industry of the SAARC countries was to promote trade and industry in the region and to develop and achieve common objectives in the areas of trade and industry, moreover, the SAARC Chamber of Commerce and Industry is also accepted as the voice of the private sector across the region.
The Islamic Chamber of Commerce, Industry, and Agriculture (ICCIA) is an international chamber of commerce that represents the private sector of 57 Islamic countries. It was established in 1977 in Karachi, Pakistan, and has regional offices in several countries. The ICCIA aims to promote trade, investment, and cooperation among Islamic countries. It also provides services to its members, such as market research, legal advice, and trade promotion.
