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Uzbekistan, Pakistan keen on PTA, economic cooperation

Uzbekistan, Pakistan keen on PTA, economic cooperation Business February 2, 2021 ISLAMABAD: Uzbekistan and Pakistan on Monday showed resolve to enter into a preferential trade agreement and cooperate in shipping, textile, engineering and information technology sectors. Shavkat Mirziyoyev, president of Uzbekistan discussed matters related to economic cooperation during a meeting with Adviser on Commerce and Investment Razak Dawood, who is leading a delegation to Uzbekistan, according to an official statement. This was the first meeting of joint working group on trade and economic affairs and the meeting of tripartite working group on the implementation of the ‘Trans-Afghan railway project’. The meeting would continue till 4 February.

Adviser warrants TDAP s harder effort to explore new markets

Adviser warrants TDAP’s ‘harder’ effort to explore new markets Business January 31, 2021 KARACHI: Adviser to Prime Minister on Commerce and Investment Razak Dawood advised the Trade Development Authority of Pakistan (TDAP) to strive even harder to promote exports of Pakistan in new geographies like Africa so that the geographic basket of markets for the country is diversified. “Africa has immense potential for engineering and pharmaceutical products,” Dawood said during a meeting with the TDAP’s officials on Friday. The meeting discussed the trade promotion measures being taken under the ministry of commerce’s Look Africa Policy initiative that was launched in 2017.

IT exports surge 40pc to $958mln in first half

IT exports surge 40pc to $958mln in first half Business January 23, 2021 ISLAMABAD: Pakistan’s information and communication technology exports surged 40 percent to $958 million during the first half of the current fiscal year of 2020/21, although overall services’ exports remained flat, commerce adviser said on Friday. IT exports stood at $684 million during the same period of the previous fiscal year. Adviser to the Prime Minister on Commerce and Investment Razak Dawood said the information and communication technology exports will soon become a “very important sector in Pakistan’s total exports and I am optimistic that these would cross the $2 billion mark in the current financial year.”

Initiatives on cards for SMEs

Pakistan s exports to UK top $1 billion in first six months of fiscal year: Dawood

Pakistan s exports to UK top $1 billion in first six months of fiscal year: Dawood Pakistan Adviser to the Prime Minister for Commerce and Investment Razak Dawood. APP/File Pakistan s exports to the UK crossed Rs1 billion, in a record for the first six months of any financial year , Adviser to the Prime Minister for Commerce and Investment Razak Dawood said Saturday. Taking to Twitter, the prime minister s adviser said that the exports to the UK for July-December 2020 had gone up by 21% as compared to last year. Dawood said that the exports to the UK increased from $852 million during July-Dec 2019 to $1.29 billion during July-Dec 2020.

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