Chinese trade mission to visit Pakistan on 26th

ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors, would visit Pakistan on September 26-27.

During its two-day stay in Pakistan, the visiting delegation would hold dialogues with members of the local business community as well as exporters to enhance the country’s trade.

The adviser asked local business community, including exporters, to participate in the dialogue with the Chinese delegation in order to negotiate on their areas of interests. “This is only a first step towards enhancing the country’s trade and at the same time achieving export targets,” he added.

Replying to a question, he expressed hope that during their visit, Chinese buyers would also sign agreements with local exporters belonging to different sectors, adding that the visit would be a great opportunity to have access to huge Chinese markets.

Answering another question, the adviser said the government was committed to enhancing exports and increasing manufacturing in engineering, textile, agriculture and chemical domains. The government, Razzaq Dawood added, would give priority to promotion of export-led growth and reduce dependence on imports.

The adviser said agricultural exports alone would not enhance the country exports rather “we need to switch to value addition in this particular area to promote export of value-added products.”

He said special attention would be given towards promotion of textile exports, particularly knitwear, apparel, garments, leather products and rice, besides promoting furniture industry of the country which enjoys great export potential.

He said the government, in consultation with stakeholders, would devise a comprehensive policy guideline to promote textile and industrial exports. “I would call representatives of textile and rice sectors and exporters as well as other stakeholders to have consultations so as to devise future guidelines for growth in these vital sectors,” he remarked.

Must Read

Pakistan’s exports surge 13.45% in first four months

PBS data shows exports reached $10.88 billion from July to October FY2024-25 compared to $9.59 billion during the same period last year