Lahore(National Times): Adviser for Commerce and Textile to Prime Minister Abdul Razak Dawood has said that Pakistan is expected to get a two-year extension in its GSP-Plus status.
He inaugurated ‘Pakistan Show Design Hub’ in Lahore on Saturday.
Talking to media, Dawood said that Pakistan has stopped trading with India at the moment. “We are completely focused on our western border right now” he said.
He said that government is committed to boost boot-manufacturing industry locally, so that country’s need could be met domestically.
He said that Pakistan soon will be in a position to export shoes as well.
“Pakistan is not the only country with high rate of inflation. Prices of steel, oil and cement have surged globally, giving a boost to inflation worldwide” Razak replied to a question about inflation.
Dawood said that dollar should be kept between the limits of 160-165 rupees. “I have talked to Finance minister Shaukat Tareen in this regard. Situation is expected to get stable till September” He added.