Exports to Africa increase by 10 percent in 2020: Razak Dawood
ISLAMABAD: Adviser to Prime Minister Imran Khan on Commerce Abdul Razak Dawood has said that Pakistan’s exports to African countries have increased by 10 percent in 2020.
In a series of tweets Abdul Razak Dawood wrote, “Alhumdulillah! Even in these testing times Pakistan’s exports to African countries have increased by 10 percent from 1st July 2019 to 21st April 2020 as compared to the same period during last Fiscal Year”.
Alhumdulillah! Even in these testing times Pakistan’s exports to Africa have increased by 10% from July 2019 to 21st April 2020, as compared to the same period last year.1/2 @ansukhera @pid_gov @ImranKhanPTI @aliya_hamza
— Abdul Razak Dawood (@razak_dawood) April 24, 2020
Razak Dawood further said, “I would like to commend my team at the Ministry of commerce for the ‘Look Africa Policy Initiative’ under which rice exports has increased by 20 percent from US $ 500 to US $ 600 million, tractors from US $ 9 to 15 million, clothing from Us $ 4 to 50 million and bed linen from US $ 30 to US $ 36 million”.
I would like to commend my team at the MOC for the Look Africa Policy Initiative under which rice exports has increased 20%, from $500 to $600 million, tractors from $9 to 15 million, clothing from $4 to $50 million, and bed linen from $30 to $36 million. 2/2
— Abdul Razak Dawood (@razak_dawood) April 24, 2020
Earlier, he said “Drawback of Local Taxes and Levies (DLTL) refunds of Rs 828 million for non-textile sector had been transferred to State Bank of Pakistan (SBP) and reimbursement would start from Friday” he added.
I’m pleased to announce that DLTL refunds of Rs. 828 million for non textile sector have been transferred to #SBP, Insha'Allah, reimbursement will start from tomorrow.@ImranKhanPTI @ansukhera @aliya_hamza @cmopak @Emergingpk @PTIofficial @PTVNewsOfficial @RadioPakistan
— Abdul Razak Dawood (@razak_dawood) April 23, 2020
He said the western economic block would gradually opening up there market and there were trickles of order coming from them to provide huge opportunity to the local industrial sector.
The adviser said, “I am appealing to local textiles industry to take full advantage of these new opportunities to enter in new segment and new geography”.
He reiterated that the government would fully support to the Industrial sector in that regard.
I’m appealing to our textile industry to take full advantage of these new opportunities to enter new segments and new geography. The govt will support you completely. 2/2 @ansukhera @aliya_hamza @pid_gov @ImranKhanPTI @PTIofficial
— Abdul Razak Dawood (@razak_dawood) April 23, 2020
Abdul Razak Dawood said the Gwadar Port has been operationalized for Afghan Transit Trade under APTTA 2010.
I am pleased to share with you that Ministry of Commerce has operationalized Gwadar Port for Afghan Transit Trade under APTTA 2010.@ImranKhanPTI @ansukhera @aliya_hamza @Emergingpk @PTIofficial @PTVNewsOfficial @RadioPakistan @appcsocialmedia 1/4
— Abdul Razak Dawood (@razak_dawood) April 21, 2020
