Session on export enhancement held at KCIP

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Staff Reporter

Karachi

A Capacity building session was held in Mehran Commercial Enterprises located in Korangi Creek Industrial Park on “Exporting Issues and Enhancement”. The speaker of the workshop was former Secretary Commerce & Finance Mohammad Younus Dagha.
The seminar was held as an advance level workshop on discussing issues and ways to penetrate into foreign markets, get a market share and also creating liaison between the export-oriented companies and the policy makers. Participating were company heads of the Special Economic Zones Korangi Creek Industrial Park from the Pharmaceutical and Auto Parts Manufacturing industries.
The main areas that the discussions were focused on were the gaps due to which, existing exporters (especially SMEs) were not able to achieve the yield they anticipated. Pre-requisites and compliance policies for exporting to different countries, duties on imported raw material used for export products, facilities like design houses, access to credit, subsidized trade fair participation for SMEs etc. It was highlighted that our competitors in the global market enjoyed access to many facilities and subsidies making them more competitive.
Dagha appreciated the valuable inputs from the industrialists present during the session. He assured that the issues and recommendations would be presented to the Policy making authorities for incorporation into the upcoming policies.