Govt to pursue ‘Made in Pakistan’ policy for increasing exports: PM aide

ISLAMABAD: The Advisor to the Prime Minister, on Commerce and Investment Abdul Razak Dawood said the government to pursue the policy of ‘Made in Pakistan’ diligently and have rapid industrialization for substituting the imports and enhancing our exports.

This was remarked by Advisor to the Prime Minister, Abdul Razak Dawood, in a meeting with a delegation of Chambers of Commerce and Industry at Ministry of Commerce, said a press release issued by Ministry of Commerce here.

The meeting was attended by the representatives of Islamabad, Rawalpindi, Lahore, Gujranwala, Faisalabad, Gujrat, Multan and Mirpur chambers.

While informing the delegation about the steps undertaken by the Ministry of Commerce in the current budget, Razak Dawood said that tariffs need to be rationalized in order to achieve the objectives of ‘Made in Pakistan’.

He added that primarily due to Covid 19 situation and to address its impact on economy, some of the sectors have not been considered for the tariff rationalization, while some important sectors have been given benefits.

He reiterated that the anomalies arising out of the budget have been addressed to a large extent while others will be resolved in consultation with the stakeholders.

Talking about the future plans, the Advisor told the delegation that the Government is following a three year plan, gradually removing duties and tariffs, particularly on raw materials for the industry. - APP