Trade policy, proper export strategy demanded
President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Wednesday asked the government to take notice of the falling exports which would leave country on the mercy of remittances. He demanded proper export strategy matching with ground realities and new professionals capable enough to tackle policy, tariff and other challenges to boost exports and ensure national development, said a press release issued here.
Mian Zahid Hussain said that reasons behind falling exports include energy crisis, increasing cost of doing business, complicated tax and refund procedure and incompetent export managers. He said that government should promote remittances, appoint commercial and community welfare attaches on merit, boost LNG imports and construction of new terminals, expedite new energy projects, and announce trade policy. He further said that responsibility of enhancing exports should be given to qualified and professional people instead of people who play with the future of country for the sake of vested interested in politics.