OUR STAFF REPORTER LAHORE - Trade Development Authority of Pakistan (TDAP) Chief Executive Tariq Iqbal Puri has said exports target for current fiscal year has been revised from $20 billion to $24 billion, and hoped that by the end of the current fiscal year exports would reach $25 billion while trade deficit would go down to $10 billion. Talking to the media along with TDAP Director General Irfan Tarar and DG (SRO) Chaudhry Muhammad Ali, Puri said that Pakistan export products are fast taking a niche in the markets of Egypt, Middle East, China, Japan, South East Asia, Far East and Africa. He said that though there was value factor of the exports, interestingly, the non-traditional exportable products volume increased quantitatively, he added. He said that there have been major increase in terms of quantity of products if compared with the period of July-April FY 2010-11 with corresponding period of last fiscal year: like 30800 percent increase in wheat, 8100 percent increase in pulses: 66 percent increase in meat; 40 percent increase in tobacco; 38pc increase in synthetic textile, 31 percent increase in knitwear; 25 percent increase in electric fans; 24 percent increase in vegetables; 23 percent increase in fish;22 percent increase in plastic material and 20 percent increase in leather etc. Puri said that Pakistan has the huge potential of exports of meat. We should focus on the export of meat rather than exporting live animals. About giving the status of Most Favoured Nation (MFN) to India Puri said that India had given us the MFN status but they had imposed Non Tarrif Barriers (NTBs) on Pakistani exports. He said that in the second round of talks with India which will be held soon we will raise the issue of NTFs with them and tell them that we will not consider giving MFN status to India unless they remove NTFs for Pakistani exporters. To a question, the Chief Executive said that Pakistans dependence on the US and the European Union for its exports is now reducing, as their share has scaled down from 60 percent to 40 percent. He said that the Authority was focusing on value addition of exportable products, which would definitely increase the value and quantity of exports manifold. He said the TDAP has been discouraging the livestock export at every forum, adding, such an export deprived the leather sector of animal skins and other remains, which could provide maximum foreign reserve through their value addition. TDAP has declared China as the focus country for its trade initiatives in 2011-2012 and plans to participate in more than 20 fairs in China as part of Pakistan-China 60-year of establishment of diplomatic relations and recently held the first successful business forum in Kunming, China, he said. He said that the Japanese government has recently lifted the ban on the import of Pakistani mangoes and TDAP is engaging consultants for setting up of VHT plants in Karachi and Multan to take full advantage of market access opportunities made available due to lifting of ban. However, the trial shipment is being processed through a Pilot VHT plant already established near Karachi Airport, which has the capacity of processing 60kg mangoes per day. He said that he recently led a 111-member delegation to Tajikistan, which has tremendous export potential in textile, leather, fisheries, food products, marble and minerals. Pakistan fully support Tajikistans bid to join World Trade Organisation (WTO). Tajik State Committee of Investment and properties and the FPCCI, and Baig Group and Tajik Textile Complex inked two MoUs for joint venture during the visit, he said. To another question, the Chief Executive said the TDAP is developing an interactive web-portal to facilitate all communities including the domestic and international users by providing them an array of related information. He said, TDAP strongly recommends every exporter to get register with it on its online platform of web-portal so they can get access to the International Trade Leads. Tariq Puri said that Pakistan government has declared 2011 as Year of Exports and 60 Years of Sino-Pak Friendship. In addition to focusing on regional activities, he said, the TDAP has planned to enhance its export promotion activities around the globe with special focus on China and Japan. Puri said the arrangements for a four-day 6th Expo Pakistan exhibition to be held in Karachi from October 20, 2011, is in full swing, adding, the response of foreign buyers and local exhibitors is very encouraging.