KARACHI: A young leader of the United Business Group (UBG) and prominent businessman Shehzad Mobeen has said that Pakistan must now move away from its traditional import-dependent economic model and rapidly transition toward a competitive, export-oriented economy.
He noted that in the current global economic environment, the countries achieving sustained growth were those that had been enhancing their industrial production, innovation, and export capabilities.
Shehzad Mobeen said that Pakistan has no shortage of young talent, natural resources, and entrepreneurial potential. However, for sustainable economic growth, it was essential to modernize industries and provide maximum facilitation to exporters.
He emphasized that the government should introduce policies that enabled local industries to compete effectively in the international markets.
He further said that exports could be significantly increased by reducing the cost of doing business, ensuring affordable energy, providing easier access to financing, and simplifying the tax system.
According to him, without a substantial increase in exports, the country would continue to face challenges such as foreign exchange shortages and a persistent trade deficit.
Shehzad Mobeen reaffirmed the business community’s commitment to work alongside the government to strengthen the national economy.
He said that Pakistan’s economic self-reliance and prosperity depended on a strong industrial base, growing exports, and effective competitiveness in global markets. Therefore, the time has come to transform Pakistan into a truly export-driven economy.
Copyright Business Recorder, 2026
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