How Pakistan can achieve $50 billion export target?

How Pakistan can achieve $50 billion export target?

LAHORE: All Pakistan Textile Mills Association (APTMA) group leader Gohar Ejaz has said that timely implementation of the long-term textile policy would not only bring new investments in the country but would also enable the industry achieve the target of $30 billion exports in the next five years.

He was addressing the 64th Annual General Meeting of APTMA-Northern Zone (Punjab) on Wednesday.

Ejaz said ad-hoc policies would not prove beneficial for the country’s exports and that “time has come to implement the long-term textile policy in letter and spirit”.

According to him, Pakistan has an export potential of $50 billion provided the local industry is facilitated with regionally competitive energy tariffs and business-friendly environment.

The group leader congratulated the new leadership of [central] APTMA, including Adil Bashir (chairman), Zahid Mazhar (senior vice chairman) and Hamid Zaman (vice chairman). He also appreciated the outgoing management, both in centre and zones, for their dedication and hard work in resolving textile-related problems.

He said the textile industry has pinned high hopes on new APTMA central chairman Adil Bashir, who was for the last two years serving the industry as APTMA-Punjab chairman.