$24 billions exports by end of this financial year

LAHORE: The Chief Executive Officer of Trade Development Authority of Pakistan (TDAP) Tariq Iqbal Puri has said that for the first time ever in the country’s history, exports have surpassed the target. He said despite the economic slowdown, it was all the more significant Pakistan was on course to set new records of exports growth. To build on this landmark achievement, Puri said TDAP was accelerating its efforts and taking out-of- box measures to achieve a possible $24 billion exports by the end of this financial year.

The TDAP Chief Executive was speaking at the Lahore Chamber of Commerce and Industry. LCCI President Shahzad Ali Malik, Senior Vice President Sheikh Mohammad Arshad, Vice President Sohail Azhar, former LCCI Presidents Mian Misbahur Rehman, Shahid Hassan Sheikh, PIAF Chairman Sohail Lashari, former LCCI Senior Vice President Tahir Javaid Malik, former vice presidents Aftab Ahmad Vohra and Shafqat Saeed Paracha also spoke on the occasion.

In spite of the power and gas shortages, the exporters are doing good business in the international market and are competing well with foreign competitors, Puri said, adding the demand for textiles has increased considerably.

He said that there are a number of other areas including non-traditional items, minerals, livestock and pharmaceutical that has a huge export potential and Pakistani businessmen should avail the opportunity.

The TDAP CEO said that as the year had been declared as Exports to China Year therefore the TDAP was encouraging Pakistani entrepreneurs to focus on non-traditional items for exports. The TDAP, he added, would ensure that it provided all possible assistance and was in the process of setting up a web portal. This web portal he added would a state of the art affair catering to the needs of the businessmen.

About trade concessions to Pakistan by the European Union, Tariq Iqbal Puri expressed the optimism that the good news would soon be with us as the government was making all out efforts to get clearance.

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