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Pakistan govt to release Rs5mn refunds to exporters from March

Related Keywords: better market access for local businesses, Commerce Minister Khurram Dastgir Khan, conclude FTA, government would release refunds, informed National Assembly, international markets, launch ecommerce framwork, preferential trade agreements with different countries, refunds issue of exporters to be resolved, value-addition in the textile sector

Commerce Minister Khurram Dastgir Khan informing the National Assembly (NA) said that the refunds issue of exporters would be resolved very soon as the government would release Rs5 million refunds to exporters from the next month.

Dastgir said that the government was also trying to get better market access for local businesses in the international markets by concluding free trade agreements and preferential trade agreements with different countries.

Committee formed by Pakistan govt to end declining trend in textile exports

Related Keywords: Commerce Minister Khurram Dastgir Khan, constitued committee, declining trend in textile exports, electricity tariffs, hurdles faced by textile industry, increase textile exports, mitigate the issue of electricity provision, PAP, Policy action plan, rising cost of production, small taxes on textile value chain

Commerce Minister Khurram Dastgir Khan finally admitting that there are some other reasons for declining trend in the country’s textile exports on Wednesday constituted a committee to bring about a Policy Action Plan (PAP) to put right the hurdles faced by the textile industry in increasing its exports.

The committee will be presenting its recommendations in the next month, which would then be forwarded to the prime minister for swift decisions in order to reverse the declining trend in Pakistani exports.

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