NA body for comprehensive strategy to increase external trade

National Assembly’s Standing Committee on Commerce and Textiles on Tuesday stressed the need for a comprehensive strategy to increase the country’s external trade.

The Senate committee, chaired by MNA Syed Naveed Qamar, also sought a report from the Federal Board of Revenue regarding the resolution of issues pertaining to the textile industry.

Commerce Secretary Sardar Ahmad Nawaz Sukhera briefed the committee on structural changes required to ensure that Pakistani embassies abroad could play a role in promoting trade, economic and investment partnership with other countries.

He also briefed the committee on steps taken to ensure that Pakistan continues to benefit from GSP Plus Status.

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He said the government has planned to explore the new potential market in all major regions of the world.

“We are reviewing the previous policies for appointment of trade officers in different countries of the world,” he stated, adding that according to the new policy, a quarterly review of the performance of trade officers would be ensured.

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