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‘Govt to give incentives for industrial sector export promotion in Central Asia’

by Web Desk July 14, 2021

AA

 ‘Govt to give incentives for industrial sector export promotion in Central Asia’

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said the government would give incentives to industrial sector to promote export of Pakistani products to Central Asian States.

“Around 100 businessmen are visiting Uzbekistan to explore market of Pakistani products,” he said talking to a local news channel.

He said Pakistani food items had potential to catch the market in Uzbekistan.

Also Read: Govt injected incentives to galvanise country’s exports, NA told

The advisor said Uzbekistan was also taking interest in Gwadar for boosting business to other part of the region.

He said Uzbekistan had asked Pakistan for acquiring a piece of land to establish warehouse in Gwadar.

On July 5, Abdul Razak Dawood had said that Pakistan’s exports to the United States (US) during the fiscal year 2021 increased by 39 percent as compared to 2020.

In a tweet, he had said that Pakistani exports to the US were recorded at $ 5.2 billion as compared to the exports of $ 3.7 billion of last year, showing increase of $1.45 billion.

“This is the first time in our history that our exports to the US have crossed the $5 billion mark,” he had added. He had commended the efforts of exporters and Trade and Investment Officers (TIOs) in the US.

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