KARACHI: Pakistan has fixed its export target at $24.86 billion for the next fiscal year to increase the supply of traditional and non-traditional goods, particularly focusing on regional markets particularly.
Policies are being established to expand export growth by amendments in the strategic trade policy framework.
The emphasis is to promote export of engineering goods which have always been neglected.
President Zardari has invited to offer soft-loan credit policy to Sri-Lanka to import sugar and cement plants under the bilateral trade agreement between the two countries worth $400 million.
Pakistan has the potential to supply engineering goods to Sri-Lanka and has regional trade aim to supply sugar mills to Bangladesh also.
Pakistan is manufacturing extensive range of engineering goods like industrial plants, ship, automobiles, small aircrafts, machine tools, domestic appliances, defence equipment, etc., according to international standards.
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