Home arrow National arrow Govt urged to promote exports of engineering goods
 

Today is,

Monday, 01 September 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
Sport News
Pakistan team back from Colombo after debacle in Sri Lanka
KARACHI, Aug 31 (APP): Pakistan cricket team returned here quietly on Sunday from Colombo after disastrous tour of Sri Lanka where they lost the Test and One-day International series against the hosts.
 
FATA full of cricket talent: M. Akram
PESHAWAR, Aug 30 (APP): Former Pakistan fast bowler Mohammad Akram Saturday said that FATA is full of cricket talent and if provided due chances to the upcoming lot they would certainly become the future stars of cricket.
 
Table Tennis Championship to prove a good omen: IPC Minister
ISLAMABAD AUGUST 29 (APP): Federal Minister for Inter Provincial Coordination (IPC), Mian Riaz Hussain Pirzada has said the South Asian Cadet and Junior Table Tennis Championship played here at Rodam Hall would prove as good omen in holding other sport activities saying by seeing this other countries would feel confident in sending their teams to Pakistan.
 
Hamza shock top seed Nofil to reach tennis semis
KARACHI, Aug 29 (APP): Hamza Malik pulled off a shock when defeated top seed and junior international Nofil Kaleem 2-0 to storm into the Under-18 semifinals of second Indus Pharma Seniors and Junior Ranking Tennis Championship after easy victories at Karachi Club here on Friday.
 
National Junior Swimming Championship in Sept: Asif
PESHAWAR, Aug 29 (APP): National Junior Age Group Swimming Championship at Adil Khan Swimming Pool, Qayyum Sports Complex, will be held in September this year, Secretary General Khyber Pakhtunkhwa Swimming Association Asif Orakzai told APP here on Friday.
 
Archive
Latest News
Some so-called leaders want to occupy state institutions: Shahbaz - Govt again ready for negotiations with PTI, PAT: Defence Minister - CM condemns violence of police against journalists - Demand for PM resignation unconstitutional: Qadir - Corps Commanders Conference reaffirms support to democracy: ISPR - First Hajj flight leaves for Jeddah from BBIA
Govt urged to promote exports of engineering goods PDF Print E-mail
ISLAMABAD, Aug 8 (APP): The Islamabad Chamber of Commerce and Industry (ICCI) has called the government for promoting exports of high tech engineering goods as they could strengthen and widen national export base. “Measures need to be taken immediately on war footing to support and save our engineering industry”, Yassar Sakhi Butt President of ICCI said in a statement here on Wednesday. He said the Government should continue tariff rationalization to  provide level playing field to local engineering industry and to extend attractive export financing scheme and long-term financing facility to encourage additional investment.

He was analyzing the export performance of the engineering industry during the last four years which shows that the annual export of engineering  goods were in the range of average $ 200 million.
The ICCI President said that Pakistani engineering products are sold  at a very low price and the buyers earn huge profits after some value addition.
“Thus, it is the right time to increase country’s exports of high  value addition engineering goods that would help the Government to reduce dependence on foreign countries for equipments and ultimately reduce the trade deficit which needs to be turned around towards a win-win situation”, he maintained.
He said that the local engineering products have great demand in Turkey, Malaysia, Egypt, Germany, the US, Canada, Australia, Nepal, Uganda, Kenya, Nigeria, Sudan, Afghanistan, Qatar, Kuwait, UAE and Saudi Arabia but the successive governments during the past two decades have failed to accord priority to this vital sector, and export of engineering and capital goods could not be developed on a sustainable basis.
Yassar Sakhi Butt said the Government should take urgent measures to  reduce the cost of doing business and promote exports of engineering goods.
He also proposed that Pakistan should also avail expertise of China and Japan for production of value added engineering goods.
 

     

Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Parlimentary Proceedings
National Assembly
Senate