Economic revolution only possible through trade: Razak Dawood

FAISALABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said that sustainable growth in exports is the only solution to cope with the economic problems of the country. Addressing the members of Pakistan Textile Exporters Association (PTEA) here on Sunday, Abdul Razak Dawood said that the country’s exports had witnessed the highest ever 18pc surge in FY 2020-21 despite adverse impacts of COVID-19 pandemic. The world’s major economies shrunk mainly due to the deadliest COVID-19 waves, but it was Pakistan that showed tremendous performance in increasing the exports, he added. All credit goes to our valued exporters who performed extremely well even in challenging times of pandemic, he maintained.

He said that although we had achieved the highest ever increase in exports, however, there were still huge challenges which needed to be resolved once and for all for attaining sustainability in exports.