ISLAMABAD: Export-led growth is the priority of the government, Minister for Planning and Development Ahsan Iqbal stated, highlighting the strategic shift towards enhancing trade activities. Speaking at a conference, the minister emphasized the importance of leveraging existing trade schemes to bolster economic expansion.
According to Ministry of Information and Broadcasting, Iqbal addressed the impact of the Generalized Scheme of Preferences (GSP) Plus, noting its role in enabling Pakistan to diversify its trade portfolio and access new international markets. Over the past decade, Pakistan’s exports to the European Union have more than doubled, nearly reaching ten billion dollars. Iqbal stressed the need to focus on high-end garments and technology-driven products to fully utilize the GSP Plus scheme and achieve the government’s export-led growth objectives.