Pakistan Possesses Vast Export Potential and Prime Geographical Advantage, States Prime Minister Shehbaz Sharif; Approves Comprehensive Restructuring of TDAP on Modern Lines
ISLAMABAD: Pakistan has also vast export potentials and an ideal geographical location, Prime Minister Shehbaz Sharif has declared, adding that smooth access to the world markets is essential for the growth of Pakistan’s export sector.
The Prime Minister made this statement during a high level review meeting on Islamabad, reviewing the performance and structural reforms of Trade Development Authority of Pakistan (TDAP). At the session, a decision was made to completely overhaul and update TDAP on newer lines.
The following are some of the highlights of the TDAP restructuring and the Prime Minister’s directives:
Participants explained the TDAP’s existing institutional structure and performance during the briefing, and High Level Attendance: Federal Ministers Rana Tanveer Hussain, Jam Kamal Khan, Ahad Khan Cheema, Muhammad Aurangzeb, Attaullah Tarar, other senior officials attended it.
Agricultural Value Chain and Global Access: Prime Minister Shehbaz highlighted that digitization of agricultural trade institutions will create opportunities for trade with the international market and instructed authorities to develop a comprehensive export value chain from farm to market.
Human Resources based on Merit: It was everyone’s wish of the Prime Minister that well-trained and competent manpower be inducted into TDAP on a merit basis through transparent processes, adding that institutional reform is only possible when jobs are awarded on merit and based on achievement of targets.
Private Financial Audit: For absolute transparency, PM Shehbaz ordered comprehensive performance and financial audit of the institution to be carried out by a reputable private audit firm.
Domestic industries and small and medium-sized enterprises (SMEs): In support of the government’s policy of promoting industries and SMEs, the Prime Minister said the facilitation is being extended for targeted industries and SMEs to fully realize Pakistan’s strategic trade advantages.