PM for mechanism to double country’s exports in five years

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed for formulation of a strategy aimed at two-fold increase in the country’s exports within next five years.

He also asked the Ministry of Trade for compiling of such a strategy in consultation with the successful entrepreneurs and stakeholders.

The prime minister chaired a high level meeting on the export sector, which was attended by ministers including Jam Kamal and Rana Tanveer Hussain, prominent e-commerce entrepreneurs such as Utopia CEO Jabran Niaz, Zeeshan Shah and Salman Ahmed, and other relevant authorities, the PM Office Media Wing said in a press release.

During the meeting, the prime minister directed for extending facilitation to the exporters in the e-commerce sector, besides resolution of the issues of ‘Made in Pakistan’ brand exporters, the official news agency reported.

He said that the government was taking steps for maximum utilisation of the export sector, adding that for the promotion of IT, domestic use item, textile and other exceptional sectors, relevant stakeholders should be taken on board.

The meeting was apprised of proposals and recommendations for the development of the export sector and the strategy in this regard.

Prime Minister Shehbaz called for submission of recommendations regarding promotion of industries that are exporting items which are part of the global value chains.