{"id":17311,"date":"2025-04-09T04:21:57","date_gmt":"2025-04-09T04:21:57","guid":{"rendered":"https:\/\/gsrra.com\/?p=17311"},"modified":"2025-04-09T04:21:58","modified_gmt":"2025-04-09T04:21:58","slug":"pakistan-sets-sights-on-60bn-export-goal-with-focus-on-textile-sector","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=17311","title":{"rendered":"Pakistan sets sights on $60bn export goal with focus on textile sector"},"content":{"rendered":"\n

Under the \u201cUraan Pakistan\u201d plan, government emphasizes modernization, value addition, and export-friendly reforms<\/em><\/strong><\/p>\n\n\n\n

Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has highlighted the textile sector as a central driver in Pakistan\u2019s pursuit of a $60 billion export target by 2029.<\/p>\n\n\n\n

Speaking at the third meeting of the Prime Minister\u2019s Committee on the Export Facilitation Scheme (EFS), the minister stressed the need for modernization, innovation, and value-added production to strengthen Pakistan\u2019s global trade presence.<\/p>\n\n\n\n

\u201cThe garments and apparel industry is the future of our export economy,\u201d Iqbal said. \u201cWe need to focus on design, quality, and branding to compete internationally.\u201d<\/p>\n\n\n\n

The textile sector, long considered the backbone of Pakistan\u2019s manufacturing base, is expected to lead the government\u2019s recently launched \u201cUraan Pakistan\u201d initiative \u2014 a five-year economic framework that outlines eight priority areas for export growth: textiles, agriculture, industry, IT, services, manpower, the blue economy, and creative industries.<\/p>\n\n\n\n

Iqbal pointed to global examples such as China, Vietnam, and Malaysia to underscore the importance of cluster-based development and integrated supply chains. He called for the establishment of competitive export ecosystems, particularly in textiles, that go beyond basic manufacturing to include sustainability and global market positioning.<\/p>\n\n\n\n

In response to concerns raised by industry representatives about tax-related challenges and regulatory bottlenecks, the minister reaffirmed the government\u2019s commitment to creating a more business-friendly environment.<\/p>\n\n\n\n

\u201cOur future lies in transitioning from raw material exports to value-added goods,\u201d he added, noting that long-term economic resilience depends on this shift.<\/p>\n\n\n\n

The meeting was also attended by Commerce Minister Jam Kamal Khan, senior government officials, and over 60 members of the business community, including leading textile exporters who joined virtually.<\/p>\n\n\n\n

Reference Link:- https:\/\/profit.pakistantoday.com.pk\/2025\/04\/07\/pakistan-sets-sights-on-60b-export-goal-with-focus-on-textile-sector\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Under the \u201cUraan Pakistan\u201d plan, government emphasizes modernization, value addition, and export-friendly reforms Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has highlighted the textile sector as a central driver in Pakistan\u2019s pursuit of a $60 billion export target by 2029. Speaking at the third meeting of the Prime Minister\u2019s Committee on the […]<\/p>\n","protected":false},"author":1,"featured_media":17312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[15853,132,15854,2267,105,36,15856,1069,15855,15852],"class_list":["post-17311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-60-billion-export-target-by-2029","tag-economy","tag-export-facilitation-scheme","tag-exports","tag-geopolitics-2","tag-pakistan","tag-pakistan-sets-sights-on-60bn-export-goal-with-focus-on-textile-sector","tag-trade","tag-value-added-exports","tag-textile-sector-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/17311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17311"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/17311\/revisions"}],"predecessor-version":[{"id":17313,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/17311\/revisions\/17313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/17312"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}