SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik Thursday called for interest-free loans to exporters on the basis of exports for five years for the import of new technology.
It will help improve overall technological infrastructure of the industry, he added.
Talking to APP on Thursday, he said the government needs to streamline existing markets and identify new potential markets for ‘Made-in-Pakistan’ products in Far-East, Central Asian Republics, Latin America and Russia.
Sialkot is a export hub and earning US2$billion through its exports and strengthening national exchequer despite certain problems, he said.
The SCCI president suggested that Sialkot Export Processing Zone (SEPZ) should be given the status of Special Economic Zone (SEZ) to facilitate business community of Gujrat, Gujranwala and Sialkot.
He said that setting up “Marketing Intelligence Cell” at Trade Development Authority of Pakistan (TDAP) for providing assistance to manufacturers and exporters in obtaining information pertaining to international demands for commodities, competitive price index, expanding markets and other essential trends.
The cell would also serve to disseminate updated information to exporters on export markets, trends and technology to facilitate diversification of exports, he added.
