PM Shehbaz asks businessmen to come up with innovative ideas to boost exports

KARACHI: Prime Minister Shehbaz Sharif on Friday stressed the country’s exporters to come up with innovative and unique ideas to boost exports which would ultimately help the country earn valuable foreign exchange, the official news agency reported.

“Despite various challenges, we have very robust, very futuristic, and extremely hardworking entrepreneurs who have gradually built Pakistan’s export culture,” he said while addressing a ceremony at the Textile Expo in Karachi.

He said with genuine government support combined with the entrepreneurs’ extraordinary intellect and hard work, the provision of quality export goods to foreign customers would be ensured.

Welcoming the foreign delegates, the PM said he was happy to learn that over 400 foreign delegates from 60 countries were visiting on the occasion and it showed Pakistan was a valuable destination for foreign guests, buyers, and traders.

Shehbaz Sharif also appreciated the industrialists, exporters, and experts who have contributed immensely in promoting Pakistan’s textile and leather exports.

He said Pakistan’s industry has now been transformed and converted to air jet looms, ginning, spinning, and weaving.

The commerce Minister, secretary commerce, and Zubair Motiwala, he said, have done a commendable job by arranging this expo which would help promote the country’s exports.

The PM said the textile sector constituted 60 percent of total exports while 40 percent labour force was absorbed in this sector. “It is no doubt one of the largest sectors of Pakistan’s economy,” he added.

Shehbaz Sharif pointed out that despite financial challenges and other difficulties, the government was committed to providing genuine support to all the export sectors including textile, leather and sports to help increase the country’s export volume.