Pakistan Exports To Be Enhanced To $50 Bn In Three Years

February 27, 2015

Pakistan Prime Minister Nawaz Sharif said that his country's exports will be enhanced to 50 billion dollars during the next three years.

Inaugurating the 9th Pakistan Expo 2015 in Karachi recent, he said Pakistan is producing high quality products and services which are recognized at the international level.

He said there are vast opportunities of investment in the country and assured the government will provide all possible facilities to the investors in order to achieve its objective of economic prosperity.

He said the government has announced new textile policy under which textile related products will be raised to 26 billion dollars by 2019 from the current 13 billion dollars. He said Pakistan is a safe country both for tourism and business and offers higher returns to the investors.

He said the government will ensure continuation of trade and industrial policy and for this purpose a long term framework has been chalked out.

He said Pakistan Expo provides an excellent platform to the Pakistani investors to showcase their quality products. He said the presence of international investors in the expo also reflects their confidence on the economy of the country.

Referring to the challenges faced by the country, the Prime Minister reiterated the commitment to end the power outages by the end of 2017 or the beginning of 2018. He said the government is working on several mega projects in order to also provide cheap electricity to the consumers.

About law and order situation, the Prime Minister said the government is pursuing the right course to overcome the problem. We have taken concrete decisions such as launch of Zarb-e-Azb and Karachi operations to ensure peace in the country. He said the National Action Plan on countering terrorism is a national document and it will be implemented in letter and spirit.

(PBC)