Current export figures 10% ahead if compared with last five months with exports volume last years

Karachi: Trade Development Authority of Pakistan TDAP Chairman Tariq Iqbal Puri says current export figures were 10% ahead if compared to last five months with exports volume last year.

“So far exports are satisfactory despite fact that its targets were marred due to security issues and energy crisis in the country. Financial crisis of
European Union EU states also affected exports,” he said in meeting with Karachi Chamber of Commerce & Industry KCCI President Mian Abrar Ahmed and other office bearers.

Puri said TDAP changed approach by diversifying destinations like China, Russia, Iran, Afghanistan, Central Asian States, Gulf Cooperation Council countries. In year 2012 trade through Karakoram Highway will resume with western China. TDAP & KCCI work closely as partners in progress to enhance exports.
He urged KCCI to organize seminars with TDAP collaboration to create awareness in business community on unexplored markets. He agreed to allocate KCCI
Pakistan Pavilions at international exhibitions including TDAP’s Wexnet for Women entrepreneurs to be organized soon in Dubai.

Mian Abrar said Pakistan needs trade not aid; only solution to uplift, strengthen economy is industrialization and enhancing exports. He stressed need to explore regional markets, enhance regional trade with SAARC, ASEAN, Central Asian Republics, China, Iran, India, Middle East & African countries.

He said by-design Pakistani exports remain stagnant. Indian Non-Tariff Barriers is talkative issue. Pakistan had faced Non-Tariff Barriers from USA & EU since last many decades. He suggested policy-shift from Western markets to regional trade blocks. He urged to bring diversity in export while encouraging unexploited engineering sector, value-added agro based, halal food sector.

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