Briefing the National Assembly Standing Committee on Commerce and Textile on Thursday, Dawood was of the view that under the STPF
2019-24, the target of innovation-driven exports would be achieved in the long term to improve competitiveness of the industry.
While briefing to the NA, Standing Committee on Commerce and Textile, Razak Dawood said that under STPF
-2001-24, the target of innovation driven exports would be achieved in the long term for improve competitiveness and efficiency of industry.
She said that STPF
would also include measures for tariff rationalization, promotion of research and development in manufacturing sector and facilitation of SMEs for integration into Global Value Chains.
An international conference on gender and trade was held in Karachi as a consultative process of STPF
. He said that according to the International Monetary Fund (IMF) estimates, closing the gender gap could boost Pakistan's GDP by 30 per cent.
had not helped to increase the exports during three years, rather exports continuously declined.The exporters believe that government had not accepted their proposals in last few years, which resulted in a decline in exports.
'Low production of cotton bales, limited implementation of government announced support in STPF
and Textile Package, uncompetitive utility and raw materials to the textile sector are major reasons for failing to achieve export targets,' the official added.
RAWALPINDI -- Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem Friday urged the government to finalize the Strategic Trade Policy Framework (STPF
) 2018-23 at the earliest.
It was also briefed on the upcoming Strategic Trade Policy Framework (STPF
) 2018-23, and import and export performance during the first and second quarters of the current financial year (2018-19).
Since Oct 2017, the Commerce Division has received more than 1,000 proposals to be considered for inclusion for the first draft of the five-year Strategic Trade Policy Framework (STPF
ISLAMABAD -- The PTI-led coalition government is working on the Strategic Trade Policy Framework (STPF
) 2018-23 with an aim to double the country's exports to $46 billion in its five-year constitutional tenure.
In this context, low production of cotton bales, limited implementation of government announced support in STPF
and textile package, higher utility and raw materials costs to the textile sector are also discussed by interested parties.
He said the Strategic Trade Policy Framework (STPF
) 2015-18 was ending on June 30 this year and added that strengthening trade related institutions and facilitating trade promotion would be the key focus in the next five years STPF