ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Monday 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 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 added. He commended the efforts of exporters and Trade and Investment Officers (TIOs) in the US.
Razak Dawood urged the TIOs at Pakistan’s trade missions in New York and Houston to provide all possible facilitation to the exporters for enhancing exports further.
On June 23, Minister for Aviation Ghulam Sarwar Khan had said the Pakistan exports were witnessing growth as a result of incentives given by the government to the export oriented industries.
Participating in the budget debate in the National Assembly on Wednesday, he had said the country’s remittances were also touching 28 billion dollars. He had said as the country was heading towards economic growth, its benefit would ultimately reach all the people.