Plan to cut costs, boost exports
ISLAMABAD: The Ministry of Commerce has developed a comprehensive plan to boost the export of value-added textile goods by implementing pragmatic interventions to lower production costs, improve economies of scale, and conduct focused marketing events.
The policy was discussed at length during the meeting headed by Commerce Minister Jam Kamal on Saturday. It was attended, among others, by Commerce Special Secretary Ahmed Mangnejo and Director General (Textile) Mudassar Raza Siddiqi.
An official announcement said that the plan evolved after a thorough appraisal of key barriers to trade in comparison with regional competitors, market insights, global sales forecasting and changing geopolitical situation.
Director General Textile Mr Siddiqi presented a short to medium to long-term work plan to the commerce minister to boost exports of Pakistan’s textiles and apparel sector by opting for pragmatic interventions........
© Dawn Business
