Razak rejects reports about problems in exports to China | Pakistan News Digest

Razak rejects reports about problems in exports to China

Prime Minister's Advisor for Commerce, Textile, Industry and Production Abdul Razak Dawood has rejected reports regarding any problem or dispute in exports to China. Talking to media persons during his visit to an exhibition 'Made in Gujranwala' in Lahore, he said China had committed to import Pakistani goods up to one billion US Dollar. The Advisor said under the Free Trade Agreement with China, most of the Pakistani products especially manufactured at Gujranwala could now be exported to China without paying any duty.

To a question, he said the government has resolved the business community's major problem of access to international market and now efforts are being put in place to ensure competitiveness of Pakistani products. Dispelling the impression of slowdown in business activities in the country, he said the business activities in export sectors have been increased as our export revenue is somehow equal to the last year's exports.

He said the government has fulfilled its promise of zero duty as all the import duties on industrial raw materials up to three per cent had been eliminated in the federal budget.

Source: Radio Pakistan


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