The Pak Banker

'Poorly performing trade Attaches to be recalled'

- Staff Reporter ISLAMABAD

Federal Minister for Commerce and Textile, Pervaiz Malik on Thursday said that the ministry would call back trade attaches deputed in Pakistani embassies abroad who had not performed well for facilitati­on and promotion of country's trade.

Talking to media, the minister said that the trade officers were appointed for promotion of trade and to work for enhancing the country's exports. He said that said that currently 58 trade officers were serving in Middle East, European Union (EU) South and North America, World Trade Organizati­on (WTO) in Geneva, Oceana (AustraliaN­ew Zeland), South Asia, Central Asia, South East Asia and North East Asia.

Pervaiz said that trade officers were working to promote trade. They are also working to facilitate for Free Trade Agreement (FTA) and Preferenti­al Trade Agreement (PTA) with these regional countries, he added.

He said the government was committed to achieve higher market access for Pakistani products in foreign markets with the aim to increase share of export in the global trade.

Replying to a question, on Generalize System of Preference­s (GSP- Plus), the minister said, "We are working on GSP- Plus according to structural framework and all 27 convention­s would be addressed to get GSP- Plus status again."

The minister hoped that Pakistan would again get the status of GSP- Plus from European Union (EU) and second phase of GSP - Plus will be successful negotiatio­n.

Mohammad Pervaiz Malik said the government had evolved a comprehens­ive strategy for enhancing countries' exports and come out from trade decline.

Prime Minister Export Enhancemen­t Package had left positive effects on country's export and trade.The minister said that Rs180 billion packages being granted to industries from February 2017 would continue till mid 2018 in shape of duty drawbacks to the different sectors, he said.

The minister said the government has been negotiatin­g on the Free Trade Agreement (FTA) with different countries in which most of negotiatio­ns was nearing completion for reaching the final agreement including Pakistan China FTA Phase II and FTA with Thailand.

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-APP ?? Sederal Minister for Commerce Mohammad Pervaiz Malik meeting with Saqr bin Mubarak Almansouri, Ambassador of State of Qatar.
ISLAMABAD -APP Sederal Minister for Commerce Mohammad Pervaiz Malik meeting with Saqr bin Mubarak Almansouri, Ambassador of State of Qatar.

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