Amazon confirms Pakistan has been added to its sellers list

KARACHI:

Amazon has verified that Pakistan has been added to the e-commerce giant’s sellers list, adviser to the Prime Minister on Commerce, Textile and Investment Abdul Razzaq Dawood announced on Twitter.

Further to my previous tweet, today @amazon has confirmed that Pakistan has been added to its Sellers’ List. It is a big accomplishment for our E-Commerce & will open up vast opportunities for a new breed of young men & women entrepreneurs. We congratulate everyone involved. pic.twitter.com/iZJxO4q1hB

— Abdul Razak Dawood (@razak_dawood) May 21, 2021

"Further to my previous tweet, today @amazon has confirmed that Pakistan has been added to its Sellers’ List. It is a big accomplishment for our E-Commerce & will open up vast opportunities for a new breed of young men & women entrepreneurs. We congratulate everyone involved," the commerce advisor wrote.

Abdul Razzaq Dawood also shared a message from Amazon International Seller Services Vice President Eric Broussard who said Amazon is looking forward to working with Pakistani entrepreneurs.

"We are excited to announce that as of today, Pakistani entrepreneurs are eligible to sell on Amazon. We are eager to work with Pakistan's dynamic business community, including small and medium-sized sellers and help connect them with customers around the globe," he said.

Earlier, the adviser to the prime minister on commerce said that Amazon’s listing was an important milestone of the government’s e-commerce policy, which has been achieved through teamwork by many people across the globe.

According to Noman Ahmed, the Chief Executive Officer of the Si Global, Amazon has an inventory of about 12 million items across all its categories and services. “The Amazon’s share in the US e-commerce market is 45%, which can be explored in an open competitive environment,” he said.

“It is a massive incentive for Pakistani manufacturers,” Ahmed said. Nouman Younas, digital media marketer, added that the Amazon update is not only a good new for the business community but the freelancers are also delighted.

With the arrival of Amazon in Pakistan, job opportunities in Pakistan will increase and small and big business owners will be able to benefit from it, which is a welcome development, said Muhammad Adeel, E-commerce and Digital Media Manager. “E-commerce sector will also boom,” he added.

Amazon’s global net revenue increases by approximately $45 billion on a year-on-year basis. “Amazon is a corporate giant and Pakistan being recognised by it will result in exponential economic growth,” Ahmed said.

Pakistan’s e-commerce market size posted a growth of over 35% in the first quarter of the current fiscal year to Rs96 billion, compared with Rs71 billion over the corresponding period of the previous year. Hence Pakistan is also speedily becoming a hub to enable the growth of this sector.