GENERAL NEWS

Pakistan has been ranked 100 among 121 world economies featured in ‘The Global Enabling Trade Report 2009’– a drop of 16 places.
Pakistan’s neighbors secured slightly better positions even though their ranking deteriorated, India placed 76 and Sri Lanka 78 compared to 71 & 70 last year. Bangladesh slipped one spot to 111 while Nepal improved to 110 from 116. East Asian economies - Hong Kong and Singapore - occupy the top two positions in the Enabling Trade Index ranking, followed by Switzerland, Denmark and Sweden, according to The Global Enabling Trade Report 2009, released by the World Economic Forum. The Report, second edition, aims at presenting a cross-country analysis of the large number of measures facilitating trade.
The Enabling Trade Index captures the free flow of goods over borders and to destination.
The index breaks the enablers into four overall issue areas: market access, border administration, transport and communications infrastructure and the busines environment.
Pakistan ranked 111 in the market access pillar, 63rd in business administration, 80 in transport and communications infrastructure and 102 in business environment.