LAHORE – The government’s announcement to establish Pakistan Land Port Authority (PLPA), Export-Import Bank (Ex-Im Bank), Pakistan leather council under medium-term (2012-15) Strategic Trade Policy Framework will boost regional trade. Policy makers deserve appreciation for presenting a visionary policy which would have a far reaching impact on promotion of trade, Chairman PIBC said. 

“The steps like regulatory efficiency, increasing exports from less developed regions, revamping export promotion agencies, increasing green exports, enhancing the role of women in exports and pursuing product and market development would help increase the volume of trade across borders,” he said.

By giving a three-year policy framework the government has ensured continuity in its policies for which the President of Pakistan, the Prime Minister and Federal Minister Makhdoom Amin Fahim deserve special admiration, he said.

The past practise of announcement of trade policy for only one year was not a better option, he said adding the three-year policy framework would also result in economic stability in the country.