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KARACHI: The Caretaker Federal Minister for Commerce, Industries and Production, Dr Gohar Eijaz conducted a series of pivotal meetings at the Governor’s House here Saturday to take significant steps towards addressing critical issues and advancing economic growth and industrial development in the country.

In his first meeting, the minister was engaged in a constructive dialogue with the Chairman of the Trading Cooperation of Pakistan (TCP). He was briefed about the TCP’s concerns and challenges, which have impacted the efficiency of trade operations in the country.

Recognizing the importance of a robust trade ecosystem, the minister emphasized the interim government’s commitment to bolster exports, enhance Pakistan’s global competitiveness, and facilitate trade growth.

Furthermore, the conversion of industrial areas in Korangi and Landhi into modern industrial parks was discussed at length and the establishment of cold chains in Multan and Korangi was underscored as a key initiative to improve the agricultural productivity.

Caretaker commerce minister, SBP governor discuss export enhancement measures

In his second meeting, he met with the Chairman of the Pakistan Pharmaceuticals Manufacturers Association (PPMA). He commended the pharmaceutical sector for its exceptional performance as one of Pakistan’s most dynamic and successful industries, playing a pivotal role in exports.

The meeting focused on the hurdles impeding pharmaceutical exports, including regulatory challenges and market access issues.

The minister emphasized the importance of market development initiatives and committed to providing assistance for the timely issuance of urgent business visas for pharmaceuticals.

The minister was informed about the potential of exporting nutraceutical products from Pakistan to global markets, which will be a great boost for exports.

In the third meeting, the caretaker minister was engaged with representatives from the Marine Fisheries Department, Karachi Fish Harbour and fisheries exporters. He was apprised about the concerns of the Fisheries Department and the underlying reasons hindering seafood exports. The focal point of the discussion was the urgent need to install Turtle Excluder Devices (TEDs) in trawl nets, a critical step to address the United States’ ban on shrimp exports from Pakistan.

Additionally, Dr Ejaz emphasised the importance of maintaining clean and hygienic conditions at the Karachi Fish Harbour to meet international export standards. This includes the stringent criteria for exports.

The minister was also informed about the untapped potential of exporting squid, octopus, and cuttlefish to China, offering an opportunity to enhance Pakistan’s presence in the Chinese market.

Thee meetings were marked by proactive discussions, reflecting interim governments unwavering commitment to addressing the challenges presented and effectively implementing proposed initiatives.

Comments

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KU Sep 24, 2023 11:29am
The minister is the right man for the right cause because he translates the issues of the business community and knows how to get out of the jam. Increasingly, a parallel in history and of economic recovery plan in the shape of the Marshal Plan (1947-51) comes to mind. The plan helped in the economic recovery of 16 European countries that were devastated by the 2nd World War and restored industrial and agricultural production, established financial stability, and expanded trade. Perhaps we too need to come up with a plan on a similar line and thought, but without interference of our politics.
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WarrenDesiBuffet Sep 24, 2023 06:15pm
This man is one of the biggest land mafia tycoons and a posterboy for elite capture. Property business is one of the key reasons that industrialization halted in last 2 decades. Easy money in plots trading (with almost ZERO tax on gains and easy money laundering) trumped the hard work needed to run factories. How can honorary doctorate holder Gohar be trusted? Poor choice by GHQ.
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Ghareeb Awam Sep 24, 2023 08:36pm
Please do your routine daily work as caretaker Minister and leave. Neither you nor anyone else can clear up the mess created by successive governments (of all sorts) since the creation of Pakistan. Just hepolessness, nothing else.
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