PM seeks two-fold increase in exports in five years

Ministry of Trade to compile the strategy in consultation with successful entrepreneurs and stakeholders

ISLAMABAD:

Prime Minister Shehbaz Sharif on Tuesday directed the formulation of a strategy aimed at a two-fold increase in exports within the next five years.

He also asked the Ministry of Trade to compile of the strategy in consultation with successful entrepreneurs and stakeholders. The prime minister was chairing a meeting on the export sector.

The prime minister directed extending facilitation to exporters in the e-commerce sector who had been exporting the country’s product to the world, besides resolution of issues of the ‘Made in Pakistan’ brand exporters.

He said the government was taking steps for maximum utilisation of the export sector, adding for the promotion of IT, domestic use items, textile and other exceptional sectors, the relevant stakeholders should be taken on board.

The meeting was apprised of proposals and recommendations for the development of the export sector and the strategy in this regard.

The prime minister underlined for submission of recommendations over the promotion of such industries that were exporting those items which had been part of the global value chains.