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Shehbaz Orders Business-Led Drive to Boost Exports

It signals a shift to targeted measures to raise export volumes through tax relief, trade logistics upgrades, export-credit insurance, private-sector consultation.

Overview

  • Prime Minister Shehbaz Sharif convened leading industrialists and entrepreneurs on Tuesday to seek concrete proposals to increase Pakistan’s exports and to deepen public‑private consultation on trade policy.
  • He asked officials to review extending the super tax exemption for exporters and highlighted that enforcement measures recovered Rs800 billion in the last year without new taxes.
  • The prime minister welcomed a newly launched Rs3 billion export‑credit insurance risk pool from the Export Development Fund and the Export‑Import Bank to improve credit access for exporters, especially SMEs.
  • Officials briefed attendees on trade facilitation steps designed to cut trade costs, including reduced port charges, improved port operations and upgrades to the M‑10 motorway and the Pipri Freight Corridor to speed inland links from Karachi.
  • Business leaders praised recent macroeconomic signals such as a $3 billion bond issuance and rising IT exports, and the government said it will use the private sector’s proposals to shape targeted measures and near‑term implementation.