President terms increase in exports vital to boost economy

President Dr. Arif Alvi has urged the business community of readymade garments to export value added products to increase exports of the country.

Addressing an award ceremony of Pakistan Readymade Garments in Islamabad on Thursday, he said rise in exports is pivotal to stabilize country economically.

The President also urged the businessmen to develop a Pakistan-brand on the basis of reliability and honesty which is also part of our Islamic ethos.

He said peace in Afghanistan will prove to be bonanza for Pakistani business community. He said peace in Afghanistan is as much beneficial for Pakistanis as for Afghans.

He said GSP+ status of Pakistan provides an access to European markets which needs to be utilized.

Talking about women inclusion to business, the President said participation of women is imperative for the development of the country.

Highlighting the potential of information technology sector in increasing exports, he said government is working to increase exports of IT sector up to five billion dollars till 2023.

Source: Radio Pakistan