Prime Minister Shehbaz Sharif has announced an ambitious goal to increase Pakistan’s annual exports to $60 billion within three years. During a National Export Development Board meeting in Islamabad, he emphasized the need for practical measures to reach this target.
Sharif highlighted that Pakistan’s exports exceeded $30 billion last fiscal year, with IT exports surpassing $3.2 billion. He directed the Ministry of Commerce and other relevant agencies to address exporter concerns within two weeks and promised to personally oversee progress through monthly meetings.
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The Prime Minister also called for policy proposals from the Ministry of Commerce, improved extension services from the Ministry of National Food Security, and better shipping solutions. He stressed the importance of introducing high-yield agricultural products and resolving delivery issues to Europe and the US. Sharif urged for collaboration with the Board of Investment to facilitate the relocation of Chinese export industries to Pakistan.
Additionally, he emphasized the need for research, development, and brand building to boost exports. Sharif warned against delays in exporters’ refunds and encouraged trade officers abroad to assist Pakistani exporters.
The meeting was attended by various high-ranking officials, including Deputy Prime Minister and Finance Minister Ishaq Dar, and numerous representatives from the export sector. They commended Sharif for his commitment to addressing export-related issues and ensuring timely refunds.
