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Pakistan added to Amazon Sellers List

Amazon includes Pakistan in its sellers list Pakistani sellers can now create their IDs on the e-commerce platform to sell their products worldwide PHOTO: Amazon KARACHI: Adviser to Prime Minister on Commerce Razak Dawood announced on Thursday that Amazon is going to add Pakistan in its sellers list within a few days, opening new opportunities for the country’s youth and small and medium enterprises (SMEs). Pakistan is the only South Asian nation which is not included in the list of 102 countries on Amazon’s platform, despite being one of the biggest manufacturing economies in the region. Last year, the United Nations Conference on Trade and Development (UNCTAD) ranked Pakistan 116th in the 152-nations B2C E-commerce Index.

IT exports surge 39 percent in July-November

Business December 24, 2020 ISLAMABAD: Exports of information technology and related services surged around 39 percent during the first five months of the current fiscal year, ministry of commerce said on Wednesday. In November, IT and IT-related services exports increased 51 percent year-on-year, this was informed during a consultative meeting of the Adviser to the Prime Minister on Commerce and Investment Razak Dawood with the ministry of commerce. “Ministry of commerce is actively engaging in a dialogue with the stakeholders of the IT sector for promotion of the IT sector exports,” the ministry said in a statement. “Pakistan is the new destination for startups venture capital as youth are engaged in entrepreneurship and geared to find innovative solutions. Growth in domestic market will further ramp up exports in the coming quarters.”

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