Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood urges exporters to move at 'full speed' to make FY22 another 'record-breaking year'
“EU is a very important market for us and we greatly appreciate the tireless efforts of our exporters for making this possible under very difficult conditions,” he said.
The advisor said that this is a substantial increase of USD 918 million and credit goes to Pakistani exporters for making this possible under difficult global conditions.
The advisor informed that the country’s exports for Feb-2021 stand at $2,044 million as compared to $2,140 million for Feb-2020, showing a decline of 4.5 percent.
The ITeS export remittances comprising computer services and call centre services have surged to $194 million at a growth rate of over 43 percent in December 2020 compared to $135 million during the same month of 2019.
FBR has stated that Import duties on 1,623 tariff lines, pertaining to basic raw material and intermediate goods were reduced to zero through the Finance Act, 2020.