MoC Forms 21-Member Export Advisory Council for Non-Textile Sectors
Published on: December 4, 2023.
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LAHORE: The Federal Ministry of Commerce has taken a proactive step towards boosting exports by forming a 21-member “Export Advisory Council” for non-textile sectors. This council comprises 14 members from the private sector and seven members from the public sector, with Dr Gohar Ejaz, the Minister of Commerce, serving as its convener and chairman.
The primary objective of the advisory council is to provide recommendations to the Ministry on various matters affecting exports and propose measures to enhance export capabilities.
Shahzad Ali Malik, a renowned rice exporter and CEO of the Guard Agricultural Research and Services, expressed his support for this initiative by the federal commerce minister. Malik, who is also the chairman of the Pakistan Hitech Hybrid Seed Association (PHHSA), believes that a combination of sound policies, improved regulatory frameworks, and a favorable business environment will unlock the immense potential of the private sector. He predicts that these measures can help increase the nation’s exports to $100 billion within the next two years.
During a discussion with journalists, Malik emphasized the outstanding growth and resilience demonstrated by Pakistan’s private sector despite challenging business conditions. He expressed confidence in the initiatives taken by the caretaker government and the commerce ministry to enhance the industry’s competitiveness and create a business-friendly environment. According to Malik, these efforts will not only boost the country’s exports but also contribute significantly to overall economic prosperity.
Malik commended the Minister of Commerce for fostering a business-friendly environment that has inspired confidence within the private sector, encouraging innovation and entrepreneurship. He praised the minister’s role in implementing trade facilitation policies, reducing bureaucratic hurdles, and fostering collaboration between the public and private sectors. These efforts have streamlined export processes, making it easier for businesses to explore international markets.
With the enabling business environment and Dr. Ejaz’s strategic vision, Malik believes that the $100 billion export target is not only attainable but can even be surpassed.
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