Focus on countries like India to increase exports: Gilani
September 11th, 2011 - 4:22 pm ICT by IANS
Islamabad, Sep 11 (IANS) Prime Minister Yousuf Raza Gilani has said that the authorities must focus on regional countries, including India and China, to increase exports.
Gilani Saturday directed the commerce ministry to look at countries like Iran, Oman, Afghanistan, China, India, Bangladesh and Sri Lanka, as also the Central Asian republics, to realize the immense trade potential that would definitely prove to be a game changer in terms of boosting exports.
A senior official said during the presentation of Trade Policy, 2011-12, exports during fiscal 2011-12 would touch an all-time-high of $26 billion.
He said they are geared towards seeking better market access, addressing tariff and non-tariff issues and also encountering tariff barriers created by the regional and bilateral arrangements for third parties, reported Associated Press of Pakistan.
Another official said structural changes must be brought about keeping in view the dynamism of international market and also when US’s and European economies are on the slippery ground.
He was also in favour of less interference of the government in the export transactions because official micro-management of the economy has always produced results, which are contrary to the economies all over the world.
- Pakistan's economy to grow at 4 percent: Minister - Feb 07, 2012
- Europe, US crisis to hit India's export: Survey - Mar 15, 2012
- India mulling free trade pacts with African countries - May 15, 2012
- US asks India, China, Brazil to open farm markets - Aug 05, 2010
- Pakistan, Indonesia sign Preferential Trade Agreement - Feb 03, 2012
- Symposium on non-tariff trade barriers in Abu Dhabi - Apr 19, 2011
- MFN status will spur Indian tea exports to Pakistan - Oct 25, 2011
- Bilateral trade with US would grow beyond 50 billion dollars in 2011: Anand Sharma - Feb 07, 2011
- US high-tech team to promote trade with India - Feb 07, 2011
- Do away with trade barriers: US commerce secretary - Feb 07, 2011
- US crisis may hit India's exports: Rangarajan - Aug 01, 2011
- Eurozone crisis hurting India's exports, growth: Pranab - Nov 14, 2011
- Britain seeks Indian market as Cameron comes visiting - Jul 26, 2010
- US companies operating in India awarded - Feb 08, 2011
- Follow the Asian money, says EU trade commissioner - Jan 12, 2010
Tags: bangladesh, bilateral arrangements, central asian republics, commerce ministry, dynamism, european economies, export transactions, favour, interference, market access, micro management, oman, prime minister, raza, regional countries, sep 11, tariff barriers, tariff issues, third parties, yousuf