Following the establishment of two powerful advisory councils, the Ministry of Commerce has finalised a strategy to propel Pakistan’s exports to the ambitious target of $100 billion, according to sources.
The strategy proposes enhancing access to Pakistani products in Chinese markets, which is expected to significantly boost the country’s exports. Additionally, it aims to promote textile and non-textile products in these markets.
To further these objectives, a delegation of Pakistani industrialists, led by Minister of Commerce Dr. Gohar Ejaz, is set to visit China and discuss the strategy with Chinese investors. The heads of Pakistan’s largest companies will also be part of this delegation.
The Ministry of Commerce has formed two export advisory councils, one for textiles and one for non-textile products, comprising top figures from the private sector. These councils have been tasked with formulating sector-specific strategies and policy guidelines within an eight-week timeframe. The proposed policies will then be presented to the Special Investment Facilitation Council for approval.
This comprehensive initiative is a key component of Pakistan’s overarching strategy to achieve the ambitious export target of $100 billion.
The Ministry of Commerce in Pakistan has finalized a strategy to boost exports to $100 billion. The plan includes proposals to enhance access for Pakistani products in Chinese markets and promote textile and non-textile products. A delegation of Pakistani industrialists, led by Minister of Commerce Dr Gohar Ejaz, will visit China to discuss the strategy with Chinese investors. Two export advisory councils have been established to develop sector-specific strategies for increasing export volumes.
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