Times of Islamabad

46 billion export target: Comprehensive strategic policy urged to boost exports

46 billion export target: Comprehensive strategic policy urged to boost exports

RAWALPINDI, Jan 04 (APP):President Rawalpindi Chamber of Commerce andIndustry (RCCI) MalikShahid Saleem Friday called for formulating a comprehensive strategicpolicy to boost exports.

He said business community was looking towards government’sconcrete steps to ensure key macro indicators of the economy.

“We want more information and input on the Strategic Trade PolicyFramework (STPF) 2018-23 with an aim to double the country’s exportsto $46 billion in next five years,” he added.In a statement, President RCCI said the government should evolvea comprehensive strategy in consultation with the private sector toincrease exports.Malik Shahid Saleem said that “when we compare Pakistan with itsneighboring countries, many countries are ahead of Pakistan despite havinggreat potential.

Pakistan had surplus wheat, rice and sugar but due to lack ofplanning and policy our exports are facing a stagnant behavior.”President RCCI said that the government should devise an aggressiveexport policy that gives more relaxation and friendly environment toexportersto enhance exports.

Non-conventional sectors like, Pharmaceuticals,Information Technology and Gems and Jewelry must be incentivized atthe earliest, he pointed out.Trade shows, Single Country exhibitions, frequent exchange ofdelegations, seminars, conferences, public-private partnership, tradedialogue, access to market, easy transportation, low taxation and dutiesshould be a key part of such policy, he said.