Pakistan’s exports to UK cross $1 billion

BusinessPakistan’s exports to UK cross $1 billion

ISLAMABAD, Pakistan: Pakistan’s exports to the United Kingdom have crossed US$ 1 billion in the first six months of any financial year.

Sharing the statistics on Saturday, the Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood said that for July-December 2020, Pakistan’s exports to the UK grew by 21% to US$ 1,029 million as compared to US$ 852 million in July-December 2019.

   

Moreover, in December 2020, these exports grew by 47% to US$ 189 million as compared to US$ 129 million in December 2019.

“I congratulate our exporters for this achievement & encourage them to make efforts to obtain a greater share of the market,” the adviser said.

The adviser said that I also commend the efforts of the Ministry of Commerce’s Trade Officers posted in the UK and urge them to work harder in finding opportunities for our exporters and provide facilitation to our businessmen.

Earlier Abdul Razak Dawood also said that Pakistan’s exports to the United States grew by 27% to US$ 425 million in December 2020 as compared to US$ 334 million in December 2019.

The adviser said that this is the first time that our exports to the US have crossed the US$ 400 million mark for three consecutive months.

The prime minister’s adviser further said that for July-December 2020, the exports to the US grew by 18.4% to US$ 2,412 million as compared to US$ 2,037 million in July-December 2019.

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

Chairman CIDC Ambassador Luo Zhaohui conferred on Hilal-i-Quaid-i-Azam award

0
BEJING, China: On behalf of the President of Pakistan, Ambassador Khalil Hashmi conferred the civil award “Hilal-i -Quaid-i-Azam” on the Chairman of the China...

Interbank Dollar Rate Today in Pakistan – 16 April 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for April 16,...

Khawaja Asif expresses desire to enhance defence relations with Azerbaijan

0
ISLAMABAD, Pakistan: The Ambassador of Azerbaijan Khazar Farhadov called on the Minister for Defence Khawaja Muhammad Asif in Islamabad on Tuesday.The federal minister welcomed...

Minister directs to ensure availability of urea and DAP fertilizer to farmers

0
ISLAMABAD, Pakistan: A review meeting of the Fertilizer Review Committee was held under the Chairmanship of the Federal Minister for M/o Industries & Production...

PM Shahbaz Sharif urges to expedite first phase of Saudi investments in Pakistan

0
ISLAMABAD, Pakistan: The Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, who is leading a high-powered delegation on an official visit to Pakistan,...
Advertisement