Our policy is export, export and export says Abdul Razzaq

By Our Correspondent

ISLAMABAD : Trade Adviser Abdul Razzaq says, “Our policy is export, export and export. In July, exports reached 2.3 billion dollars, which is a record.”

Abdul Razzaq said that exports increased in the last financial year, exported a record 2.7 billion dollars in June, foreign investors understood that the policy of the current government is make in Pakistan.

He said that compared to دو 2 billion in July last year, exports in July this year stood at ارب 2.35 billion, a record 3 2.3 billion was exported in July. Exports reached a record 2. 2.7 billion in June. Providing electricity to exporters at subsidized rates.

The trade adviser said that the highest increase was in the exports of the IT sector by 47%, for the first time in Pakistan the exports of the IT sector crossed the 2 billion mark.

He said that it has been decided to increase the export of goods from 25.3 to 31.2 and the export of services from 6 billion to 7.5 billion. Total exports will increase from 31.6 billion to 38.7 billion. This year, the export target has been set at Rs 38.7 billion.

Abdul Razzaq Dawood said that textile exports could be Rs 21 billion to Rs 22 billion if the conditions of the quaid remain good. If conditions improve, exports could reach 40 billion.

He said that Pakistan is also moving towards the export of motorcycles. Orders have come for the export of 10,000 motorcycles. Amirullah Wala has started local manufacturing of mobiles. A mobile manufacturing factory has been set up. Mobile imports are declining and mobiles are becoming more popular locally.

“In the years to come, our exports will not depend on textiles alone. The total target for next year’s exports is between 38 38 billion and 40 40 billion,” he said. We will continue to increase exports, we want an export culture in Pakistan.