Country witnesses over 3% increase in exports

ISLAMABAD: The National Assembly was informed that the country has witnessed over three percent increase in exports and 16 percent decrease in imports in the first half of the current fiscal year.

READ MORE: FBR, ministries of communications and energy blamed for hindering exports

Replying to a question during the question hour here the other day, Parliamentary Secretary for Commerce Aliya Hamza Malik said with the decrease in imports, Pakistan’s trade deficit has decreased by 30 percent in the first half of the current fiscal year.

She said after gaining the status of GSP Plus, Pakistan’s total trade to European Union has increased from 11960 million dollars to 14158 million dollars.

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Answering a question regarding suspension of trade with India, she said after unilateral action by India in occupied Kashmir in August last year, Pakistan had suspended imports from India.

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