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ISLAMABAD: Minister of Commerce, Industries and Production, Gohar Ejaz, chaired a meeting with prominent retailers from across Pakistan to discuss strategies aimed at enhancing the retail market conditions and improving the nation’s exports. The collaborative effort between the government and retailers reflects a shared commitment to achieve economic growth and prosperity.

During the meeting, the retailers expressed their strong desire to contribute to Pakistan’s export industry. They emphasised the role they can play in expanding the nation’s reach in global markets.

Minister Dr Gohar Ejaz affirmed the government’s dedication to curbing smuggling activities and ensuring that trade operates through legitimate channels. He stated, “We believe in you, and we appreciate the vital role you play in the economy. Our government is committed to providing the best opportunities for retailers to export their goods and expand their domestic market presence.”

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In a bid to facilitate international market access, the Minister pledged to provide retailers with opportunities to reach Central Asian Republics (CARs) and other global markets. He outlined plans to host exhibitions that would enable local retailers to collaborate with international designers and brands, fostering innovation and growth within the sector.

Recognising the importance of E-commerce, the retailers advocated for increased government support in this growing industry.

The Minister acknowledged the potential of e-commerce and pledged to work closely with retailers to harness its future prospects effectively.

The meeting also witnessed a constructive exchange of ideas on expanding the tax net. Minister Dr Gohar Ejaz emphasised the critical role of tax compliance in achieving prosperity, stating, “There’s only one way to prosperity, and that is through tax compliance.”

Furthermore, the Minister encouraged local manufacturers to transition towards achieving one hundred percent local manufacturing, reducing dependence on imported materials, and boosting domestic production.

The Minister urged retailers to strive for higher export volumes, assuring them of the government’s unwavering support in this endeavour. Additionally, he directed brand manufacturers to improve labour conditions and provide training through PITAC (Pakistan Industrial Technical Assistance Centre).

Copyright Business Recorder, 2023

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zaya zaya Sep 22, 2023 07:07am
"Recognising the importance of E-commerce, the retailers advocated for increased government support in this growing industry." NO, NO and more No....; it is the job of Retailers to develop their own E-Commerce facilities to improve their Export Oriented activities, instead of Begging Govt Support. Govt must not be a brrier in this effort is all what the govt must ensure. Retailers must not become SOE and State supported Enterprises. Let the Private Industry learn to stand on its own or Die if not competent to be competitive in the Global market, in competencies of the Private Industry and Retailers included has no place for govt assistance.
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asif Sep 22, 2023 02:48pm
@zaya zaya, agreed
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asif Sep 22, 2023 02:48pm
agreed
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