Business
Value added exports witness $3.8bn increase in FY21: PM Imran told
Islamabad: Prime Minister Imran Khan was informed on Wednesday the value added exports had witnessed a surge of $3.8 billion during 2020-21.
The premier was chairing a meeting to review country’s exports. It was also told that owing to government’s investment friendly policies and incentives to the exporters, the non-traditional exports also increased by $2.7 billion during the previous fiscal year.
The commerce ministry told the participants that traditionally, textile products were being exported from Pakistan but in order to increase the volume, steps were being taken for export of non-traditional items like minerals, food products, fruits, information technology and ceramics.
The prime minister said the government was extending all possible facilities to the exporters. He called for promoting non-traditional exports and focusing more on the countries with more demand for Pakistan’s products.
He also instructed for giving targets to the trade attaché at Pakistan’s embassies for enhancement of exports and examine their performance on the same yardstick.
Finance Minister Shaukat Tarin, Commerce Advisor Abdul Razzak Dawood, National Security Advisor Dr Moeed Yousuf and senior officers attended the meeting.