TPP agree­ment can hit Pak­istani ex­ports by 10 per­cent

The Pak Banker - - NATIONAL -

Pa­tron Is­lam­abad Cham­ber of Small Traders Shahid Rasheed Butt on Sun­day blamed ex­port man­agers for push­ing coun­try in debt trap by fail­ing to spur ex­ter­nal trade.

Semi-qual­i­fied and out­dated ex­port man­agers are un­aware of chang­ing ex­port trends and they are too much fo­cused on pol­i­tics, he said.

Speak­ing to the busi­ness com­mu­nity, he said that col­lec­tion of ex­port De­vel­op­ment Fund should be stopped im­me­di­ately as it is be­ing used to ad­vance per­sonal agenda which war­rants an ac­tion. Shahid Rasheed Butt said that the ex­ist­ing eco­nomic team is fo­cused on loans dis­count­ing tax re­forms and ex­ports which led govern­ment to carry the beg­ging bowl.

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