Corona crisis an opportunity to follow ‘Make in Pakistan’ policy: Razak

Adviser to Prime Minister Imran Khan on Commerce and Investment Abdul Razak Dawood on Tuesday said that the current global situation arising out of the coronavirus pandemic is a ‘golden opportunity’ to follow the ‘Make in Pakistan Policy.’

In a series of tweets, he said:  “The coronavirus has changed the world as we knew it; business processes will be completely different. Such difficult times always bring out new opportunities, new products, new ways of thinking. This is a golden opportunity for Pakistan to pursue the ‘Make in Pakistan Policy.” 

“Pakistan must move towards making products on its own rather than importing items. The Ministry of Commerce is pursuing changes in the tariff structure for the upcoming budget, he wrote in a series of tweets on Tuesday. The new changes will allow the country to facilitate local production thereby moving towards local manufacturing [and] pursuing ‘Make In Pakistan Policy”, he added.

“Many businesses are on the verge of closure [and] many labourers are under the threat of losing their jobs. Under the circumstances, the need of the hour is a policy whereby we do not import, but make products in Pakistan,” he held. 

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