Ministry of Commerce to develop a National Database of Women Entrepreneurs

Entrepreneurs

Earlier today, the Ministry of Commerce made an announcement that it is going to develop a national database of women entrepreneurs to ease their incorporation into the trade of goods and services.

As per the reports, during the second meeting of the consultative committee for the Women Economic Empowerment (WEE), Muhammad Saleh Ahmad Faruqui Commerce Secretary recommended the creation of a national database of women entrepreneurs.

An official announcement was made during the meeting and Commerce Secretary Faruqui emphasized the importance of the contribution of women entrepreneurs in the trade of goods and services.

Moreover, he added that the women entrepreneurs should be considered a key trait and that policies should be created with them as the pivotal point.

Faruqui also suggested developing an active matrix, keeping in view the investors’ input.

According to him, this will cover the creation of a national database of women entrepreneurs, business facilitation, and ease of doing business, training, and access to finance.

The online meeting was attended by high profile names and companies including Facebook, i2i, [email protected], e-Commerce marketplaces, Women Chambers, the Federation of Pakistan Chambers of Commerce, and leading fashion designers.

Furthermore, the State Bank of Pakistan, the Trade Development Authority of Pakistan (Islamabad), and the Small and Medium Enterprises Development Authority also attended the meeting.

Legislatures of the Pakistan-Regional Economic Integration Activity, USAID, and the Asian Development Bank also attended and spoke about the best practices concerning women entrepreneurs’ integration internationally, small and medium enterprises, and the e-commerce portal.

The e-commerce execution strategy includes; forming a one-window portal to facilitate and promote all the pertinent stakeholders. Also, the portal will provide useful information regarding e-commerce and will also help to highlight the women entrepreneurs working in Pakistan.

On the other hand, the committee will submit its recommendations to the Ministry of Commerce next week.

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