ISLAMABAD: In a bid to boost Pakistan’s economy, Prime Minister Shehbaz Sharif has set forth an ambitious target of doubling the country’s exports within the next five years. Chairing a high-level meeting focused on the export sector here, PM Sharif directed the formulation of a comprehensive strategy to achieve this goal.
During the meeting, PM Sharif emphasised the importance of involving successful entrepreneurs and stakeholders in crafting the export strategy. He urged the Ministry of Trade to compile the strategy in consultation with key players in the export industry.
Recognising the significant role of e-commerce in export growth, PM Sharif instructed authorities to provide necessary support to exporters in the e-commerce sector. He also emphasised the resolution of issues faced by exporters under the ‘Made in Pakistan’ brand.
“The government is committed to maximising the potential of the export sector,” stated PM Sharif. He highlighted the importance of collaboration with relevant stakeholders to promote various sectors including Information Technology (IT), domestic products, textiles, and other key industries.
The meeting served as a platform to discuss proposals and recommendations for the development of the export sector. PM Sharif stressed the need for promoting industries that contribute to global value chains.
“It is imperative to identify and support industries that are integral to global supply chains,” emphasised PM Sharif, indicating a strategic shift towards sectors with strong export potential.
The directives from Prime Minister Sharif underscore the government’s proactive approach towards economic revitalisation through export-led growth. With a focus on collaboration, innovation, and sector-specific strategies, Pakistan aims to carve a stronger position in the global market landscape.