Pakistan’s exports to UK crosses $ 1 billion: Razak Dawood

ISLAMABAD: Advisor to Prime Minister for Commerce and Investment Abdul Razak Dawood has claimed Pakistan’s exports to the United Kingdom (UK) have crossed the US dollars one billion in the first six months of fiscal year 202-121.

On a social media website, he said from July 1 to end December 2020, the exports to the UK grew by 21 percent touching a figure of US $ 1,029 million as compared to a figure of US $ 852 million in the respective time during last fiscal year the ever met target in the said duration.

Besides, in December 2020, these exports grew by 47 percent to the US $ 189 million as compared to $ 129 million in December last year, the advisor tweeted. “I congratulate our exporters for this achievement and encourage them to make efforts to obtain a greater share of the market,” he added.

“I also commend the efforts of MOC’s Trade Officers (TOs) posted in the UK and urge them to work harder in finding opportunities for our exporters and provide facilitation to our businessmen,” Razak Dawood said.

Earlier, Prime Minister Imran Khan had reiterated that industrial development was vital for economic growth and the government was committed to providing ease-of-doing-business to the investors.

The statement came while chairing the 7th meeting of the Board of Approvals for Special Economic Zones (SEZs) at Islamabad.

During the meeting, the Prime Minister said that economic activities generated by SEZs will increase job opportunities for local skilled and unskilled labor. He directed to provide utility services including electricity and gas to the SEZs on priority.

 

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