ISLAMABAD, Pakistan: Chairman of the United International Group Mian Shahid has said that Pakistan exports have not dropped but increased and proceeds have come down due to reduced commodity prices in the international market.
The fall in unit price should not be confused with reduced exports as country is not immune to the global trend, he said in a statement issued here on Monday.
Mian Shahid said that exports should be improved through focusing on trade diplomacy in which Rs.14 trillion textile sector should be preferred which is mainstay of our economy.
Textile sector is not only biggest exporter but also provide jobs to 3.5 million people therefore it deserves special attention, he said.
He lauded the decision of the government to start paying refunds to the exporters and urged to prefer textile sector which is facing capital crunch due to delayed refunds.