Pakistan sets export target

Pakistan sets export target

ISLAMABAD: Pakistan has set itself the target of exporting
US$12.1 billion worth of goods over the next two years, the
country's commerce minister said over the weekend.

"The new trade policy focuses on encouraging export-oriented
foreign investment," Humayun Akhtar Khan said on state-run
Pakistan Television.

Under the new policy, imports have been projected to be at
$12.8 billion and the trade deficit under $1 billion, Khan said.

"The new trade policy is based on the optimism derived from
our high export performance last year," he said.

"We not only crossed the export target of $10.4 billion that
had eluded us in the preceding years, but even surpassed the
target reaching a level of $11.03 billion for the first time in
our history." -- AFP