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ISLAMABAD - Services Trade Development Council (STDC) during its maiden meeting noted that Pakistan is the fourth largest IT service provider to the overseas clients ranked only behind US, India and Philippines with over 200,000 Pakistani professionals working in this field.
First meeting of the Services Trade Development Council took place in the Ministry of Commerce, which was chaired by the Engr. Khurram Dastgir Khan, Minister for Commerce. The Minister said that Ministry of Commerce would put in place the regulatory framework necessary for enhancing the exports of services from Pakistan. The Council will consult the State Bank of Pakistan to devise a suitable mechanism to facilitate these IT professionals to bring the wages of their work to Pakistan directly.
In order to effectively market the Pakistani Technology industry, the Ministry of Commerce will enhance the participation of Pakistani IT companies in the international trade fares and exhibitions. The Government will also take measures to enhance the capacity of the free lancers working from their homes and small offices providing IT services to foreign clients. The Minister said that the Ministry will train its trade officers abroad to effectively market the Pakistani Technology industry.
The meeting also agreed to take necessary steps to enhance tourism especially religious tourism in the country as Pakistan hosts remains of various ancient civilisations and religions for example Indus Valley Civilisation, Gandhara, pertaining to Hindus, Sikhs, Buddhists and other religions. The Council suggested taking measures to enhance intra-SAARC trade of services which is currently very low.
Meeting was also attended by the representative of Ministry of Information Technology and Telecom, Secretary Trade Development Authority of Pakistan, representatives of Pakistan Software Houses Association for Information Technology, Pakistan International Freight Forwarders Association, Travel Agents Association of Pakistan, Insurance Association of Pakistan and Constructors Association of Pakistan.
Pakistan ranks fourth in world as IT service provider to overseas clients
First meeting of the Services Trade Development Council took place in the Ministry of Commerce, which was chaired by the Engr. Khurram Dastgir Khan, Minister for Commerce. The Minister said that Ministry of Commerce would put in place the regulatory framework necessary for enhancing the exports of services from Pakistan. The Council will consult the State Bank of Pakistan to devise a suitable mechanism to facilitate these IT professionals to bring the wages of their work to Pakistan directly.
In order to effectively market the Pakistani Technology industry, the Ministry of Commerce will enhance the participation of Pakistani IT companies in the international trade fares and exhibitions. The Government will also take measures to enhance the capacity of the free lancers working from their homes and small offices providing IT services to foreign clients. The Minister said that the Ministry will train its trade officers abroad to effectively market the Pakistani Technology industry.
The meeting also agreed to take necessary steps to enhance tourism especially religious tourism in the country as Pakistan hosts remains of various ancient civilisations and religions for example Indus Valley Civilisation, Gandhara, pertaining to Hindus, Sikhs, Buddhists and other religions. The Council suggested taking measures to enhance intra-SAARC trade of services which is currently very low.
Meeting was also attended by the representative of Ministry of Information Technology and Telecom, Secretary Trade Development Authority of Pakistan, representatives of Pakistan Software Houses Association for Information Technology, Pakistan International Freight Forwarders Association, Travel Agents Association of Pakistan, Insurance Association of Pakistan and Constructors Association of Pakistan.
Pakistan ranks fourth in world as IT service provider to overseas clients