Nawaz concerned about declining exports

Islamabad: Prime Minister Nawaz Sharif has expressed his dissatisfaction over the dwindling exports saying, other countries in South Asia have surpassed Pakistan in the export field.

While chairing a meeting of heads of chambers of commerce, representatives of All Pakistan Textile Mills Association and exporters in Islamabad today, the prime minister sought suggestion from the business community to fix the problem and boost exports. He said that his government wanted to address the problems being faced by the business community.

Nawaz underscored the need for enhancing exports and revenues by exploring new avenues in order to achieve the objective of development.

He said that no country could make progress without enhancing its revenues, which will also be utilized to pay off country’s debts.

The prime minister said that the government was also aware of the problems of the agriculture sector and his government was paying attention, to address the problems of farmers.

Nawaz said that resources were required to provide subsidies and compensation and there was a need to explore new avenues of revenues, to generate sufficient resources.

The meeting participants gave suggestions for bringing competitiveness in products to enhance exports.

Finance Minister Ishaq Dar, Commerce Minister Khurram Dastgir Khan, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi, Minister for Water and Power Khawaja Asif also attended the meeting.

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