There is a need for a trade policy that facilitates doing business, Prime Minister

Prime Minister Shehbaz Sharif has said that there is a need for such a trade policy that facilitates and facilitates business.

Prime Minister Shehbaz Sharif presided over an important review meeting on the trade sector, in which the participants were briefed that the negotiations regarding the free trade agreement with the Gulf countries are in the final stages, the trade agreements with Uzbekistan and Tajikistan have been activated.

It was informed in the briefing that 450 business-to-business meetings were held in the recent Pak-Saudi Business Conference while the volume of e-commerce is gradually increasing. More than 3 thousand companies have been added on Pakistan Trade Portal.

The briefing said that the monitoring process in Afghan transit trade has been tightened, premium growth of public sector insurance companies is in double digit, work on gem export framework is in final stages. Both countries have expressed their consent in principle regarding the operationalization of barter trade with Iran and Russia.

The Prime Minister said that immediate steps should be taken to make domestic exports more competitive, steps should be taken to export non-traditional items.

Shahbaz Sharif said that consultation with the private sector should be ensured in trade and business, the role of the private sector and industry in the development of the country is very important.