Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed the development of a comprehensive and effective strategy to enhance Pakistan’s exports to sixty billion dollars over the next five years. He issued these directions while chairing a high-level meeting in Islamabad to review measures aimed at increasing the country’s exports.

According to Radio Pakistan, the Prime Minister instructed the economic team to introduce sustainable tariff reforms to enhance economic growth, facilitate industrial growth, and boost exports. He emphasized the importance of prioritizing key sectors such as services, information technology, and agriculture to drive export growth. Prime Minister Sharif reiterated that export-led economic progress is a crucial pillar of the “Uraan Pakistan” vision.

To support the development of export industries, the Prime Minister directed necessary reforms in the governance system of the Export Development Fund. During the meeting, he was briefed about the ongoing reforms within the Ministry of Commerce and the strategies in place to reach the export target of sixty billion dollars in the next five years.

Officials informed the Prime Minister that gradual reductions in tariffs have been implemented over the past two years. Additionally, the Ministry of Commerce hosts international-level exhibitions annually in Pakistan to promote exports. The briefing also highlighted that consultations with stakeholders on the Strategic Trade Policy Framework 2025-30 are currently underway.

It was noted that the e-commerce policy is in its final consultation phase and will be presented before the Cabinet for approval next month. Furthermore, the establishment of the National Compliance Center aims to align Pakistani products with international standards. The center will develop programs for training and enhance the capabilities of Pakistan’s export industries.