DesiGuy
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ISLAMABAD:A delegation of the under training officers of Commerce & Trade Group at Pakistan Institute of Trade and Development (PITAD) called on Rana M. Farooq Saeed Khan, Federal Minister for Textile Industry in Islamabad.
The delegation of PITAD was led by Director Shafiq Shezhad.
Federal Minister apprised the under training officers about different steps and initiatives taken by the Textile Ministry for the development and promotion of the sector.
He said that present age is the age of economic diplomacy and officers of the trade service are future of the country. The survival of the country lies in trade. Presently, Pakistan is passing through tough times as it is encountering huge trade deficit.
Farooq said that the present Government of PPP has started a reform process in the textile sector by announcing the first ever Textile Policy of the country.
The industry has started reaping fruits of the policy as is evident from the rising exports of the sector. Textile exports have increased by more than 20% in the first half of the current financial year. He also said that textile exports can cross the mark of US$ 15 billion in couple of years if un-interrupted supply of gas and electricity is ensured for the industry.
The minister told the probationers that they are the future of the country and as CT&T officers their focus should be on exports of higher value-added products. Pakistan has the potential to export textile products of more than US$ 25 billion but for that we need to move higher up the ladder into high end markets.
We cannot achieve this target by exporting our raw products to our competitors as we are doing this presently. He also advised the under training officers to work hard and serve the nation in a befitting manner as true civil servants of the country.
ONLINE - International News Network
The delegation of PITAD was led by Director Shafiq Shezhad.
Federal Minister apprised the under training officers about different steps and initiatives taken by the Textile Ministry for the development and promotion of the sector.
He said that present age is the age of economic diplomacy and officers of the trade service are future of the country. The survival of the country lies in trade. Presently, Pakistan is passing through tough times as it is encountering huge trade deficit.
Farooq said that the present Government of PPP has started a reform process in the textile sector by announcing the first ever Textile Policy of the country.
The industry has started reaping fruits of the policy as is evident from the rising exports of the sector. Textile exports have increased by more than 20% in the first half of the current financial year. He also said that textile exports can cross the mark of US$ 15 billion in couple of years if un-interrupted supply of gas and electricity is ensured for the industry.
The minister told the probationers that they are the future of the country and as CT&T officers their focus should be on exports of higher value-added products. Pakistan has the potential to export textile products of more than US$ 25 billion but for that we need to move higher up the ladder into high end markets.
We cannot achieve this target by exporting our raw products to our competitors as we are doing this presently. He also advised the under training officers to work hard and serve the nation in a befitting manner as true civil servants of the country.
ONLINE - International News Network
