Dawood urges increase in regional trade

Published July 18, 2021
COMMERCE Adviser Abdul Razak Dawood is addressing businessmen at the Sialkot Chamber of Commerce and Industry on Saturday. — APP
COMMERCE Adviser Abdul Razak Dawood is addressing businessmen at the Sialkot Chamber of Commerce and Industry on Saturday. — APP

SIALKOT: Adviser to the Prime Minster on Commerce and Investment Abdul Razak Dawood on Saturday said Pakistan must focus on enhancing regional trade which remains very low and must be exploited.

Addressing a meeting of exporters at the Sialkot Chamber of Commerce and Industry (SCCI), he said the government had successfully completed its agenda of economic stability. Calling for increase in regional trade, he gave the example of the European Union where regional trade was 90 per cent.

The meeting was presided over by SCCI president Qaisar Iqbal Baryar. Senior vice president Khurram Aslam Butt and former presidents of the chamber also attended the meeting.

Mr Dawood shared details of the agreements and MoUs concluded during Prime Minister Imran Khan’s recent visit to Uzbekistan, saying it was a successful visit. He informed the meeting that 71 agreements were signed between the two countries.

Invites exporters to take part in the single-country exhibition to be held in Tashkent soon

The adviser said that a single-country exhibition would be held in Tashkent soon and urged the Sialkot exporters to participate in it. Uzbekistan has good relations with CIS countries and this opportunity must be availed, he added.

On the occasion, Mr Dawood said DLTL issues will be resolved. “I have a one-point agenda meeting with the PM to set export target for the next year. Three members from each chamber of commerce will attend the meeting,” he said. The adviser added that he will discuss issues regarding Exim Bank with the finance minister.

He congratulated Sialkot exporters for increasing their exports during the past few years and further appreciated the e-commerce trainings in the area.

He added that economic and industrial boost was on government’s top agenda. He assured Sialkot exporters that all problems of the industrial sector would be resolved amicably. “The Commerce Ministry is actively engaging with all relevant stakeholders to understand the issues related to trade and investment in current challenging situation,” he added.

Published in Dawn, July 18th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...