The 57th meeting of the Board of Administrators of Export Development Fund (EDF) was held on 22nd July 2010 under the chairmanship of Makhdoom Amin Fahim, Federal Minister for Commerce.  The board took notice of the implementation status of the previous meetings and a review of the current funding position. The Board of Administrators of Export Development Fund approved 10 projects amounting to 1271 million rupees relating to promotion of exports in various sectors.     

Pakistan and Afghanistan have reached an understanding on all major issues relating to the Afghan Pakistan Transit Trade to conclude the process of negotiations in this regard. It has been agreed that no Indian export to Afghanistan will be allowed through Wahga. However, Afghanistan would have the opportunity to export to India. Reciprocally, Pakistan would be able to export its goods to Central Asia through Afghanistan.
The broad based record note was signed on 18th July,2010 at the Prime Minister’s House in the presence of Prime Minister Syed Yusuf Raza Gilani and US Secretary of State Ms. Hillary Clinton states that Pakistan and Afghanistan hope that resolution of all outstanding matters relating to the finalization of Afghan Pakistan Transit Trade Agreement would help in the early signing of the Agreement, after completion of legal processes from both sides.  The Agreement thus signed would be an important milestone in the development of Pak-Afghan Trade and Economic relationship to the mutual benefit of both countries.

Pakistan and Spain have agreed on a framework of cooperation to promote bilateral relations in diverse fields including trade, finance, science and technology, defense and security. The understanding came at a meeting between Prime Minister Syed Yousaf Raza Gilani with his Spanish counterpart Jos Luis Rodr Guez Zapatero. Federal Minister for Commerce Makhdoom Amin Fahim was also present in the meeting. The Spanish Prime Minister Jos Luis Rodr Guez Zapatero assured full support to Pakistan in its bid for increased access to EU markets. Prime Minister Gilani said his country desires increased trade with Pakistan.

The Federal Minister Commerce Makhdoom Amin Fahim, while addressing the 61st Advisory Council Meeting on Trade Policy today. Secretary Commerce, Zafar Mahmood, Chief Executive TDAP and representative from relevant Ministries and prominent Chambers of Commerce and Associations across the country also attended the meeting. President of Rice Exporters Association briefed the Council that rice export had increased to $ 2.3 billion,this year.