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Mettis Global News
Mettis Global News
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India busy to enhance exports to discourage Pak Exports in International market

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Pakistan Carpet Manufacturers and Exporters Association (PCMEA) have expressed resentment over the cold shoulder of the government toward decrease of exports in the country.

Address the participants of the weekly meeting here on Sunday, Senior Vice Chairman PCMEA Riaz Ahmed has said that India was busy to reduce the Pakistani exports in international market and a huge sum of amount is being spent by Indian government to decrease the Pakistani exports.

He said although a large number of incentives have been announced by the government to boost the country’s exports, but the exports could not gained the desired results due to cold attitude towards the export industry.

He also said that textile sector which is the backbone of the economy is slowly collapsing; therefore, the government should take note of the plight of this sector also.

He urged the government to provide sufficient incentives to the exporters to enable them to compete with the tradition rival, India along with other competitors in the international market. He said that practical steps of the government are very important to gain the desired results.

He said failed trade diplomacy is one of the reasons behind dwindling exports which has forced the government to borrow from international lenders repeatedly to save the country from default.

“Weak trade diplomacy and semi-educated export managers proved to be a double whammy for the export sector which was already reeling under various problems,” he said.

Textile sector, the backbone of the economy is going down for which incompetent export managers who were appointed on political considerations are responsible for the current dismal situation, he added.

On the occasion, he said that due to government support in Bangladesh, the country has reached the target of US 34 billion dollars, due to which the exports of the country are increasing on day by day. He said the Bangladesh government is trying to further expand the export by US 50 billion dollars.

He said that exports of the other countries are going well but local authorities get comfort in blaming the global recession.

As compared, Pakistani exports are decreasing day by day, he said.

He said that the 35th International Carpet Exhibition is scheduled to be held in Lahore from 5-7 October this year. He said that major countries of the world including South Asian Association for Regional Cooperation (SAARC) member states are also scheduled to participate in the exhibition.

Riaz Ahmed reiterated his demand to direct the Commercial Attaches in Pakistani Embassies including Consulates abroad for marketing and advertisement of Pakistani products for enhancing exports of Pakistani products in international market.

Posted on: 2017-07-16T18:17:00+05:00