Prime Minister Shahid Khaqan Abbasi chaired a high level meeting to review trade balance and measures to boost exports.
Ministry for Commerce presented various short term and medium term options to increase exports and contain imports. The Prime Minister directed to ensure that no option considered should have a dampening impact on Pakistan’s economic growth rate and development.
The meeting also focused on GSP Plus status and reviewed various measures to expand and deepen exports into the European markets. The Prime Minister stated that he would like the Pakistani diplomatic missions abroad to serve as economic and trade ambassadors of Pakistan.
The Prime Minister took notice of revision of export numbers by the Bureau of Statistics and instructed that all reports should be duly verified for accuracy before public announcements.
The Prime Minister appreciated that the overall balance of trade has improved in the month of August, 2017.
The meeting was attended by Minister for Commerce Mr. Parvaiz Malik, Special assistant to the PM on Economic Affairs Mr. Miftah Ismail, Special Assistant to PM on Media Affairs Mr. Musadik Malik, Special Assistant to PM Mr. Ali J. Siddiqui and senior government officials.