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PR No. 216 MINISTRY OF COMMERCE IS KEEN TO BUILD PARTNERSHIP WITH PRIVATE SECTOR FOR STPF 2015-18 IMPLEMENTATION Islamabad

Ministry of Commerce is very successfully holding the Strategic Trade Policy Framework (STPF) 2015-18 awareness seminars in partnership with the Pakistan Regional Economic Integration Activity (PREIA) under USAID. After success in Karachi the second seminar was held at Lahore on 22nd August 2016 in collaboration with Lahore Chamber of Commerce and Industry. The Businessmen and exporters from various sectors participated in the seminar while the Government sector was represented by senior officers from Trade Policy Wing of Ministry of Commerce, State Bank of Pakistan and Trade Development Authority of Pakistan (TDAP), Lahore.

Mr. Azmat Ali Ranjha, Secretary Commerce graced the occasion with his opening remarks in which he shared the recent ventures of the Ministry of Commerce regarding trade policy and the market access initiatives. The representative of LCCI, Mr. Amjad Ali Jawa, welcomed all the participants and appreciated the efforts of the Ministry in the formulation of STPF 2015-18 and also shared his views regarding further improvement in the Policy. Ms. Tayaba Batool, Senior Trade Policy and Research Specialist presented the STPF 2015-18.

The aim of STPF 2015-18 is income generation by increasing share in international trade through encouraging SMEs role in export growth by promoting sustainable consumption and production patterns for raising standard of living and ensuring employment generation. The target of STPF is to achieve transition from factor driven economy to efficiency and innovation driven economy, improve exports competitiveness and increasing the share of Pakistan’s exports in regional markets.

Mrs. Raheela Tajwar, D.G. Trade Policy Wing of the Ministry deliberated upon the details of the Policy while responding to various queries of the participants effectively. The seminar concluded with vote of thanks from Ms. Qaisra Sheikh, Director, General Machines (Wrapping Packing Machines) to Ministry of Commerce, USAID, LCCI and all the participants for their valuable inputs.

The central theme of the seminar was to approach and educate the business community and exporters on the provisions of STPF and how manufacturers can and exporters benefit from the incentives provided in the policy. Around hundred and fifty participants from different manufacturing and export sectors attended the awareness seminar. The MoC shared the STPF 2015-18 document and all the SROs in both English and Urdu for a wider understanding.

 

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