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Wednesday, January 22, 2025

Jam Kamal Highlights Export-Focused Initiatives

Sialkot (TDI): Federal Minister for Commerce Jam Kamal Khan highlighted the government’s exports-focused measures during his visit to the Sialkot Chamber of Commerce and Industry (SCCI) on Thursday.

Jam Kamal was accompanied by Defence Minister Khawaja Muhammad Asif and Finance Minister Senator Aurangzeb.

During the visit, the minister engaged with the business community of Sialkot and discussed the challenges and opportunities in Pakistan’s export sector.

“The purpose of my trip is to reaffirm the government’s commitment to boosting exports and strengthening partnerships with exporters,” the minister said.

Read More: Jam Kamal Urges Operational Reforms in TDAP

Jam Kamal said Prime Minister Shehbaz Sharif’s entire cabinet agreed on the importance of export growth.

“While methods may differ due to constraints, we are committed to meeting business community needs,” he stated.

The minister acknowledged the SCCI’s demand for its permanent representation in the Export Development Fund (EDF). He assured the exporters of structural improvements, adding that recommendations in this regard will soon be made to the prime minister.

“I also support proposals such as airport scanners, tannery projects, and business facilitation centres, all geared towards enhancing exports,” he added.

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Jam Kamal said the government was also planning to establish a state-of-the-art expo centre with a dedicated Trade Development Authority of Pakistan (TDAP) office and Ministry of Commerce facilitation desk in Sialkot.

Addressing compliance and certification concerns for exports, the minister encouraged collaboration with national accreditation bodies to rationalize costs and streamline processes.

SCCI President praised recent government initiatives, such as reductions in the policy rate and ongoing work on the Duty Drawback of Local Taxes and Levies (DLTL). He, however, stressed that further reforms were needed to sustain export growth and facilitate the business community.

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