Karachi(Saturday, October 04, 2014): Federal Minister for Commerce, Khurram Dastgir said our agenda to increase trade with neighboring countries and trade links with other regional countries including India will be high, traders are aware of the issues and the case of the current sales tax refunds By the end of the year will be handled.
In a media briefing held at a local hotel trade minister said that economic development is essential for the promotion of regional trade, trade with India, but our position in the agricultural sector is concerned that the local farmers to local markets rather than exports Pay attention to the acquisition of foreign exchange for the country think.
Commerce Minister said that in the past free trade agreements with various countries, unfortunately we did not take their interests, which lead to an increase in imports is the result.
Khurram Dastgir said Pakistan, Iran and Turkey Goods train plan and is discussed in relation to the Ministry of Railways, to increase exports of energy problems and unrest, law and order situation improved slightly while continuing to work quickly to solve the energy crisis, the current government as well as the construction of new dams, coal and wind energy projects are being developed in recent years, resulting in energy crisis will end.
Non-textile exports continue to increase, but also non-textile exporters seek relief, because of the shortage of gas and electricity industries, we can not provide uninterrupted power, GSP Plus status during the January-June 2014 Pakistan’s exports to the EU increased by 18 percent, and the yield is an additional $ 56 million to 40 million.
Federal Minister for Commerce, said local manufacturers are aware of the issues, sales tax refunds to pay the claim in December 2014, but the biggest problem of all sales tax refunds will try to settle the case.