ISLAMABAD (National Times) Prime Minister Shehbaz Sharif on Tuesday set a target of $60 billion per annum of country\u2019s exports for next three years.<\/p>\n\n\n\n
Chairing a meeting of the National Export Development Board here, he said the Ministry of Commerce should finalise the policy proposals in this regard in collaboration with the sectors having export potential.<\/p>\n\n\n\n
He stressed the need for research and development, innovation, and brand development to make Pakistani products unique and enhance exports.<\/p>\n\n\n\n
Premier Shehbaz directed the Ministry of Power to present a comprehensive plan to reduce the power tariff for industries.<\/p>\n\n\n\n
The prime minister also directed the trade officers in Pakistani embassies across the world to play their role in the promotion of exports.<\/p>\n\n\n\n
The prime minister recalled the exports remained $30 billion in the outgoing fiscal year. He said IT exports exceeded $3.2 billion due to government’s policies, terming it a welcome development.<\/p>\n\n\n\n
He said the problems identified by the exporters should be solved and a report be submitted to him in the next two weeks.<\/p>\n\n\n\n
Highlighting the significance of the private sector in the development of any country, he said it should be made part of policy formulation process to solve their problems.<\/p>\n\n\n\n
The prime minister said the Ministry of National Food Security should work with provinces for bringing improvement in extension services in order to increase agricultural exports.<\/p>\n\n\n\n
He said efforts should be accelerated to introduce varieties of high-yielding seeds.<\/p>\n\n\n\n
Premier Shehbaz called for reducing the delivery time of Pakistani goods to Europe and America by immediately solving the problems related to the shipping.<\/p>\n\n\n\n
He said the Ministry of Commerce should ensure cooperation with the Investment Board for the transfer of Chinese export industries to Pakistan.<\/p>\n\n\n\n
The prime minister said any kind of delay in the refund of exporters would not be tolerated.<\/p>\n\n\n\n
The participants in the meeting said the prime minister’s special interest in the export sector was encouraging for industrialists.<\/p>\n\n\n\n
The exporters were also appreciative of the prime minister’s initiative to provide timely refunds to the export industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD (National Times) Prime Minister Shehbaz Sharif on Tuesday set a target of $60 billion per annum of country\u2019s exports for next three years. Chairing a meeting of the National Export Development Board here, he said the Ministry of Commerce should finalise the policy proposals in this regard in collaboration with the sectors having export […]<\/p>\n","protected":false},"author":2,"featured_media":86322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-86321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","entry"],"yoast_head":"\n