Lahore: Sources in the Ministry of Commerce say that the new trade policy has been finalized, the new policy will be presented for approval in the cabinet meeting next week.

According to details, the new trade policy has been finalized. Sources in the Ministry of Commerce said that the trade policy has been finalized after consultation with all stakeholders and suggestions of all stakeholders have been included.

Sources said that the new policy will be presented for approval in the cabinet meeting next week, the trade policy will be 5 years.

According to sources, the trade policy has set an export target of 10 billion dollars and the export industry has been given several exemptions. Pakistan has a lot of potentials to increase exports.

Yesterday, Prime Minister Imran Khan tweeted on social networking site Twitter that he had received data on the export trend in the region. In November-December, exports from India and Bangladesh were negative compared to Pakistan.

The Prime Minister said that he congratulated the exporters and the Ministry of Commerce on the success. Exports to Pakistan increased by 8.3 percent in November and 18.3 percent in December, India’s exports fell by more than 9 percent in November 2020 and Bangladesh by December 2020. Exports fell by more than 6%.

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