ISLAMABAD: Federal Minister of Commerce Khurram Dastgir Khan has announced to finalise draft of new trade policy, which will be launched next month.
The minister said that under the new guidelines, the export target had been set at $40 billion annually, which will be increased to $50 billion by 2018. He said that the government’s focus was on enhancing regional trade and it had welcomed any opportunity to enter into free trade agreements (FTA) with central Asian states in an effort to strengthen trade and commerce.
Dastgir said that the government was going to start negotiations with Turkey and Thailand for the FTAs and the Thai cabinet had already given its backing in this regard. Work on second phase of the free trade agreement with China was also under way and these steps would improve market access for Pakistan’s textile products, he said.
