Abdul Razak Dawood—the PM’s adviser on Commerce said on Saturday that new trade policy would soon be announced.
While addressing a seminar on “Trade opportunities in China, India and the US” he said that the new trade policy was being formed after the consultation of all the stakeholders for making it more effective and beneficial.
The event was arranged by the Ministry of Commerce and the Trade Development Authority of Pakistan (TDAP) for maximizing its expansion to the business community. Regarding, all the registered chambers and trade associations from throughout the nation were invited for giving their inputs on these consultation meetings.
He informed that a committee had also been formed for controlling the de-industrialization in the nation, mentioning that the tariff policy would soon be presented before the federal cabinet for approval.
He added that the present consultation sessions are focused not just on China but also are the means of increasing awareness regarding the opportunities bringing out in Indonesia and in the US, in the wake of latest developments in these markets.
The adviser was of the opinion that Pakistan would need to find and add in new divisions and markets for giving a boost to the exports. He called upon the business community to come forward and play its role in the economic stability and growth of the country and gave assurance of complete cooperation and support in resolving these problems.