KARACHI: Trade Development Authority of Pakistan (TDAP) has recommended the government to enter into preferential trade agreements (PTAs) with other countries to get better access in their markets.
The recommendations approved by the Committee III of Federal Export Promotion Board (FEPB) will be sent to the government for inclusion in the next meeting of the FEPB headed by the Prime Minister of Pakistan.
The meeting was chaired by the Chief Executive, TDAP Syed Mohibullah Shah and attended by the representatives of various trade associations from parts of the country. They gave their suggestions for increasing market share of Pakistan exports in traditional and non-traditional markets.
The committee also suggested the government to continue to seek access to the major markets of the USA and European Union.
The committee recommended to sensitize Pakistani diplomats and commercial officers to the importance of export promotion and trade development issues.
It was also felt that commercial officers should spend two years at TDAP on completion of their foreign postings so that our business people and exporters can benefit from their experience of foreign markets.
The committee felt that some of the important sectors with great export potential like agro-food, minerals and human services should receive much larger credit allocation from banking sector as well as export finance so their potential could be developed and the country could benefit from their increased exports. —APP
The recommendations approved by the Committee III of Federal Export Promotion Board (FEPB) will be sent to the government for inclusion in the next meeting of the FEPB headed by the Prime Minister of Pakistan.
The meeting was chaired by the Chief Executive, TDAP Syed Mohibullah Shah and attended by the representatives of various trade associations from parts of the country. They gave their suggestions for increasing market share of Pakistan exports in traditional and non-traditional markets.
The committee also suggested the government to continue to seek access to the major markets of the USA and European Union.
The committee recommended to sensitize Pakistani diplomats and commercial officers to the importance of export promotion and trade development issues.
It was also felt that commercial officers should spend two years at TDAP on completion of their foreign postings so that our business people and exporters can benefit from their experience of foreign markets.
The committee felt that some of the important sectors with great export potential like agro-food, minerals and human services should receive much larger credit allocation from banking sector as well as export finance so their potential could be developed and the country could benefit from their increased exports. —APP
No comments:
Post a Comment