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9th Expo Pakistan Exhibition: $25b exports for 2013-2014 to reach $50b in 3 years, says PM

byCustoms Today Report
27/02/2015
in Business
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KARACHI – Assuring the nation that Karachi would be crime-free by 2018, Prime Minister Nawaz Sharif pledged to take the military operation afoot in the City of Lights against terrorists and criminals to its logical end.

He was addressing various delegates after inaugurating the four-day 9th Expo Pakistan Exhibition. On the occasion, he said that the country’s exports for the year 2013-2014 stood at $25 billion, and hoped that it would reach $50 billion in the next three years.

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He said, “The country’s textile policy has been reviewed and exports in the textile sector will increase from $13b annually to $26bn by the year 2019.” He added the government would provide all facilities to the textile industry to achieve the intended economic goals and added, “Pakistan’s textile industry holds a prestigious position in the global market, especially in household apparels like bed sheets, jeans etc.”

He noted the fact that the Expo was being held in Karachi made it clear that the city held great importance in the world of business. He added the Expo had successfully attracted the attention of several foreign investors and economic growth was the top priority of Pakistan.

He added foreign countries and international companies would be provided facilitation for investments in the country.

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