Smart objectives: ‘New trade policy needed for economic reforms’

Due focus on exports can revive the economy in shortest possible time, says PIAF chairman.

LAHORE:

Pakistan Industrial and Traders Associations Front (PIAF) on Monday urged the Federal Commerce Minister to finalise a trade policy document in the light of business community suggestions and proposals to make it more meaningful and acceptable to the stakeholders.

PIAF Chairman Engineer Sohail Lashari said that a new policy should have certain achievable targets and realistic objectives.

The industrial production will remain sluggish and all the targets of trade policy will remain unfulfilled unless and until measures were not taken to ensure availability of cheaper electricity and continuous supply of gas to keep industrial wheel on the move, he added.

Due focus on exports can revive the economy in shortest possible time; therefore, the government should appoint only those people as commercial attachés who have some business experience as well.

Published in The Express Tribune, December 18^th, 2012.