ISLAMABAD, Pakistan: The Minister for Commerce Engineer Khurram Dastagir Khan has said that Pakistan aims at increasing exports to India to $1 billion within a year.
While presiding over a meeting in Islamabad on Tuesday, the minister said that Pakistan’s textiles products and readymade garments have great potential to make their way to Indian markets.
The commerce minister said that due to land route, Pakistan is the most favorite and cost-effective market for India in terms of importing raw material for their agriculture and textile products.
Khurram Dastagir was of the view that trade concessions to India cannot be offered unilaterally; therefore, India also need to extend access to Pakistani products with preferential duty regime.
Separately, a delegation of Pakistan Commercial Exporters Association called on the minister with an agenda to boost exports in Gems and Jewelry products.
The minister assured full support to the business group and said that the government shall move further ahead in increasing exports and soliciting resources until exports fraternity come forward and take initiatives and mobilize their resources.
The minister said that keeping in view the potential of exports of Khyber Pakhtunkhwa, the government has decided to allocate substantial budget in next fiscal to establishing multi-billion Expo Center in Peshawar.
Dastagir said that the Gem export products shall also be showcased by including them in Trade Development Authority of Pakistan’s (TDAP) exhibition calendar.
