Press Release on Strategies for Improving Exports (CPEC)

There are deep structural problems, due to which Pakistan has performed extremely poorly in exports over the past several decades. Our pattern of exports is not aligned with the current configurations of global trade For instance, while textiles and garments are 70% of the our exports, these form only 4% of the global trade The largest categories are Engineering Goods, Chemicals and Plastics. Metals and Minerals, which account for more than 60% of global trade Pakistan is conspicuous by its absence in these areas Costs of business arc high, competitiveness is low. tax policies are not business friendly,