Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

PM urges industrialists to come up with innovative ideas to boost exports

byCT Report
27/05/2023
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Prime Minister Shehbaz Sharif stressed the country’s exporters to come up with innovative and unique ideas to boost exports which would ultimately help the country earn valuable foreign exchanges.

“Despite various challenges, we have very robust, very futuristic, and extremely hardworking entrepreneurs that have gradually built Pakistan’s export culture,” he said while addressing a ceremony at the Textile Expo here.

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

He said with genuine government support combined with the entrepreneurs’ extraordinary intellect and hard work, the provision of quality export goods to foreign customers would be ensured.

Welcoming the foreign delegates, the PM said he was happy to learn that over 400 foreign delegates from 60 countries were visiting the country for the expo and showed that Pakistan is a valuable destination for foreign guests, buyers, and traders.

PM Shehbaz also appreciated the industrialists, exporters, and experts who had contributed immensely to promoting Pakistan’s textile and leather exports.

He said Pakistan’s industry had now been transformed and converted to air jet looms, ginning, spinning, and weaving.

Commerce minister, secretary commerce, and Chairman Trade Development Authority of Pakistan (TDAP) Zubair Motiwala, he said had done a commendable job by arranging this expo which would help promote the country’s exports.

The PM said the textile sector constituted 60% of total exports while 40% labour force was absorbed in this sector. “It is no doubt one of the largest sectors of Pakistan’s economy,” he added.

He pointed out that despite financial challenges and other difficulties, the government was committed to providing genuine support to all the export sectors including textile, leather, and sports to help increase the country’s export volume.

He recalled that a few decades ago, Pakistan was ahead of its neighbors in textile exports, however unfortunately it lost the grounds. “But I have no doubt in mind that we can still recover from these setbacks and take hands off the clock back to 1990s and excel in our exports,” he said adding that Naveed Qamar his team, and the finance minister combined could turn the table.

The PM said Qamar had put in place the national compliance cell which was the need of the hour and “we are obviously grateful to the European Union for GSP plus status and again I am aware of the fact that all reviews have been done, and we … respect all international requirements in this behalf whether it is good governance, human rights or any other requirement”.

He maintained the government believed in the rule of law and merit, and come what may, the government would toe the line of constitution and policies.

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

World Bank to give $213m to Balochistan govt for flood affectees

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.