Federal Minister for Commerce Jam Kamal Khan was addressing the “Dialogue on Economy” organized by the Pakistan Business Council (PBC).
Jam Kamal Hopes to Achieve $60 Billion Export Target as he emphasizes the government’s unwavering commitment to supporting the industry. He seems to be fully aware of the role of his ministry towards successfully achieving this target. At the event, he stated, “the government recognizes the direct link between the health of the industry and the performance of the Ministry of Commerce.”
He was of the view that if industries are not facilitated through specific measures, it may not be fruitful. The measures include gas tariff relief and ease of doing business. Without them, he believes that achieving the ambitious $60 billion export target would be difficult. However, he expressed optimism, asserting that with the right policies, this goal is achievable.
The Minister shed light on the Ministry’s recent diplomatic efforts. He mentioning significant engagements with key trading partners such as the US, EU, Russia, UAE, Saudi Arabia, Belarus, Uzbekistan, and Azerbaijan.
He also highlighted his visits to untapped markets like Cambodia and Iraq. Moreover, he informed that the decades-old gaps in bilateral relations were addressed to open new avenues for trade. He described these markets as holding immense potential for Pakistani exports and crucial to achieving the country’s export goals.
Speaking on the importance of policy stability, the Minister emphasized that consistency in policy is essential for economic progress. He also shared insights into the Ministry of Commerce’s internal revamping initiatives, designed to enhance efficiency and address long-standing challenges.
Jamal Kamal Khan reiterated that achieving the $60 billion export target is not merely an economic ambition but a vision for a sustainable and prosperous future. He stressed that with collective efforts, strategic policy measures, and the government’s commitment, Pakistan could unlock its full trade potential and establish itself as a leading player in global markets.
