Minister for Law and Parliamentary Affairs Senator Azam Nazeer Tarar on Tuesday said Prime Minister Shehbaz Sharif had prioritized value addition of agriculture and livestock, information technology (IT) and human resource products to enhance exports of the country.
The minister was responding to a question of Senator Mohsin Aziz of Pakistan Tehreek-e-Insaf (PTI) regarding drop in the exports in the Senate.
Tarar said at present there were only two sources of foreign exchange, including exports and remittances whereas the third could be the foreign direct investment (FDI) and the government was making efforts to attract the FDI.
The Reko Diq project deal had been renegotiated for fetching the FDI, he added.
The minister said that the post-pandemic economic fallout led to decline in the exports. The highest ever recorded exports of $30 billion was not sufficient to meet the needs of 240 million people.
He said the prime minister had chaired a meeting for the revival of National Export Board.—APP
