Senator Saleem Mandviwalla raised the issue that exports had remained stagnant at 2013 level of $24bn in FY21. — AFP/File
ISLAMABAD: The Senate Standing Committee on Commerce has asked the Ministry of Commerce to explain reasons for stagnant export proceeds from the country in the last decade with Pakistan also lagging behind in the region.
The committee chaired by Senator Zeeshan Khanzada on Monday showed its concerns over the low exports and sought reasons from the commerce ministry in the next meeting.
Senator Saleem Mandviwalla raised the issue that exports had remained stagnant at 2013 level of $24bn in FY21. “We are also lagging behind Bangladesh and Vietnam having annual export earnings of $50bn and $100bn, respectively,” he added.