Pakistan backs gems, jewelry exports drive

News Image

MG News | August 07, 2025 at 02:46 PM GMT+05:00

0:00

August 07, 2025 (MLN): In a significant policy assurance, full government support has been pledged to Pakistan’s gems and jewelry sector, with strategic measures underway to boost non-traditional exports and unlock the industry’s untapped potential.

Federal Minister for Commerce Jam Kamal Khan made this commitment during a meeting with the All Pakistan Small Gems Jewellers and Training Association (APSGTA), led by Secretary General Qari Muhammad Ashraf.

The delegation urged revival of S.R.O 760 and exclusion from S.R.O 924, citing the sector’s strong compliance record over the past four years, according to the press release issued today.

The Minister reaffirmed the government’s focus on export-led economic growth, recognizing the gems and jewelry sector as central to Pakistan’s diversification strategy.

He stressed the importance of balanced reforms, ease of doing business, and broader market access for small exporters and artisans.

Appreciating APSGTA’s constructive engagement, he announced that the Ministry will forward its recommendations to the Prime Minister’s Office for policy facilitation.

In a move to boost the sector’s global footprint, he also directed officials to ensure participation in upcoming international business forums in France, Bangladesh, and Ethiopia.

Further, the Minister underscored the role of public-private collaboration, skills training, and market linkage efforts, particularly to empower artisans and women entrepreneurs in underserved areas.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,165.00 79,420.00
76,515.00
2425.00
3.16%
BRENT CRUDE 107.84 112.45
107.32
-2.56
-2.32%
RICHARDS BAY COAL MONTHLY 113.00 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 109.25 0.00
0.00
-0.20
-0.18%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 100.58 106.65
100.10
-4.49
-4.27%
SUGAR #11 WORLD 14.99 14.99
14.42
0.38
2.60%

Chart of the Day


Latest News
May 01, 2026 at 04:40 PM GMT+05:00

Copper rebounds toward $13,000 on supply squeeze


May 01, 2026 at 03:55 PM GMT+05:00

Weekly Market Roundup


May 01, 2026 at 03:42 PM GMT+05:00

Govt commits to regulatory transparency, tax reforms


May 01, 2026 at 03:37 PM GMT+05:00

PIACL privatization hits final stretch


May 01, 2026 at 03:10 PM GMT+05:00

Govt ends load shedding after LNG arrival



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg