Look Africa Policy: Pakistan’s exports to African Countries post reasonable growth

BusinessLook Africa Policy: Pakistan’s exports to African Countries post reasonable growth

ISLAMABAD, Pakistan: The Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood has said that Pakistan’s ‘Look Africa Policy’ continues to show some results as its exports in a number of African Countries has posted a reasonable growth.

In a series of tweets on Monday, the adviser said that although, the overall export value is still smaller as compared to the existing potential but our exporters must be appreciated for their efforts to find new markets for Pakistani products despite the overall impact of COVID-19 pandemic on the global economy.

Abdul Razak Dawood said that the African Continent is one of the key elements in our geographical diversification policy and.

The Ministry of Commerce will continue to pursue this vigorously in order to carry on with the momentum, he said.Pakistan’s exports - The Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood has said that Pakistan’s ‘Look Africa Policy’ continues to show some results as its exports in a number of African Countries has posted a reasonable growth. In a series of Tweets on Monday, the adviser said that although, the overall export value is still smaller as compared to the existing potential but our exporters must be appreciated for their efforts to find new markets for Pakistani products despite the overall impact of COVID-19 pandemic on global economy. Abdul Razak Dawood said that the African Continent is one of the key elements in our geographical diversification policy and. The Ministry of Commerce will continue to pursue this vigorously in order to carry on with the momentum, he said. The adviser also shared the trends of Pakistan’s exports to African Countries in July 2019 and 2020, according to which, Pakistan’s exports to Malawi grew by 1,254 percent in July 2020 as compared to the exports of same month of last year. Likewise, Pakistan’s exports to Libya grew by 914 percent, to Cameroon 228 percent, to Congo 123 percent, to Zimbabwe 103 percent, to Lithuania 26 percent, to Chana 25 percent, to Ukrainian 22 percent, and to Djibouti 17 percent.

The adviser also shared the trends of Pakistan’s exports to African Countries in July 2019 and 2020, according to which, Pakistan’s exports to Malawi grew by 1,254 percent in July 2020 as compared to the exports of the same month of last year.

Likewise, Pakistan’s exports to Libya grew by 914 percent, to Cameroon 228 percent, to Congo 123 percent, to Zimbabwe 103 percent, to Lithuania 26 percent, to Chana 25 percent, to Ukrainian 22 percent, and to Djibouti 17 percent.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Fight against terrorism requires support of all Pakistanis, believes COAS Gen Asim Munir

0
Quetta, Pakistan:  COAS Gen Asim Munir has said that the fight against terrorism requires the support of all Pakistanis.COAS highlighted that terrorism will never...
The hidden linkages among BLA, TTP, and PTI

The hidden linkages among BLA, TTP, and PTI

0
Islamabad, Pakistan: Another targeted suicide bombing in Quetta (Railway Station) has confirmed again that enemies are not sitting idle and they do not miss...

The Ruling Elite Decides the Destiny of Poor Pakistanis: A Story of Dreams Lost...

0
By Maria HameedIn a small village on the periphery of Lahore, Muhammad Bota wakes up before dawn every day. His routine is as predictable...
Donald Trump gave a winning speech before the official results

Donald Trump gave a winning speech before the official results saying he will not...

0
Monitoring Desk: Thanking his children, wife, supporters, and all who stood with him, Donald Trump gave a winning address before official results were announced....
Mr Imran Khan this was you who gave extension to former COAS alone instead of other chiefs

Mr Imran Khan this was you who gave an extension to former COAS alone...

0
Islamabad, Pakistan: The jailed former Prime Minister Imran Khan has said that the extension (of Army chief) made institutions weaker rather than making them...
Advertisement