High ex­port tar­gets achieved

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The Trade De­vel­op­ment Au­thor­ity of Pak­istan (TDAP) has ex­pressed hope that Pak­istan’s ex­ports will in­crease to $25 bil­lion com­pared to the tar­get of $20 bil­lion by the end of the cur­rent fi­nan­cial year in July.

Ac­cord­ing to Tariq Iqbal, Chief Ex­ec­u­tive TDAP, the ex­port tar­get for the cur­rent fis­cal year was raised to $24 bil­lion in view of record-break­ing ex­ports. As a re­sult, ex­ports rose by 33 per­cent to $2.31 bil­lion in May, com­pared to $1.74 bil­lion in the same pe­riod last year. Both the value of ex­ports and the quan­tity of ex­port prod­ucts have in­creased phe­nom­e­nally in the July-April pe­riod of 2010-11 com­pared to the cor­re­spond­ing pe­riod in the pre­vi­ous fis­cal year.

For in­stance, ex­ports for wheat in­creased by 30.8 per­cent, pulses by 8.1 per­cent, meat by 66 per­cent, to­bacco by 40 per­cent, syn­thetic tex­tiles by 38 per­cent, knitwear by 31 per­cent, elec­tric fans by 25 per­cent, veg­etable by 24 per­cent, fish by 23 per­cent, plas­tic ma­te­rial by 22 per­cent and leather by 20 per­cent.

Ac­cord­ing to Iqbal, TDAP aims to fur­ther widen the ex­port base by plan­ning ex­port pro­mo­tion ac­tiv­i­ties around the globe with spe­cial fo­cus on China and Ja­pan. TDAP has also de­clared China as the main coun­try for its trade ini­tia­tives in 2011-12 and plans on par­tic­i­pat­ing in over 20 trade fairs to com­mem­o­rate 60 years of diplo­matic re­la­tions be­tween Pak­istan and China

Chief Ex­ec­u­tive Trade De­vel­op­ment Au­thor­ity of Pak­istan (cen­tre) Tariq Puri hold­ing a Press Con­fer­ence in La­hore ac­com­pa­nied by (L-R) Mrs. Yas­meen Ku­raishi, Di­rec­tor TDAP La­hore, Ch. Muham­mad Ali,

Di­rec­tor Gen­eral, Sub Re­gional Of­fices TDAP and Mr. Muham­mad Ir­fan Tarar, Di­rec­tor Gen­eral, TDAP La­hore.

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