Pakistan News

PM Imran Khan to move National Export Development Board shaped by Commerce Ministry


Prime Minister Imran Khan. Photograph:Information
  • NEDB will oversee alignment, progress, and implementation of Strategic Commerce Coverage Framework.
  • Ministry of Commerce will act because the secretariat of the board and its assembly will probably be held bi-monthly.
  • Govt says extra sectors and representatives will probably be added sooner or later of time.

Prime Minister Imran Khan will chair the National Export Development Board (NEDB), shaped by the Ministry of Commerce to “increase Pakistan’s export competitiveness”.

The ministry on Friday issued the listing of presidency members that can type a part of the board in addition to non-public people it would invite to be a part of the board. It additionally issued the Phrases of Reference for the board.

“To provide strategic guidance to increase Pakistan’s export competitiveness by continuously improving the enabling environment for exports and increasing firms’ capabilities,” learn the TORs shared by the ministry.

The ministry stated that the NEDB may also oversee the “alignment, progress, and implementation of Strategic Trade Policy Framework (STPF) along with various sector-specific policy initiatives”.

It should additionally function a “monitoring and evaluation platform” to assist the federal government develop enhancement insurance policies and initiatives in numerous export sectors.

“To provide guidance and support to the relevant institutions mandated with the role to promote export-oriented foreign and local investment in the country,” stated the assertion.

The ministry of commerce will act because the secretariat of the board and its assembly will probably be held bi-monthly.

The federal government press launch additionally stated that extra sectors and their representatives will probably be added by the Ministry in “due course of time”. It additionally stated that the board “might co-opt native and abroad Pakistani consultants, girls, and younger entrepreneurs on any particular sector-wise difficulty.”

Composition of NEDB

Members Designation Prime Minister of Pakistan Chairman Advisor to PM/ Minister of Commerce and Investment Member Minister of Planning, Development & Special Initiatives Member Minister of Industries and Production Member Minister of Finance and Revenue Member Minister of Energy/Power Division Member Minister of National Food Security and Research Member Governor State Bank of Pakistan Member Secretary Commerce Member/Secretary Secretary Finance Member Chairman Board of Investment Member Chairman FBR Member President Federation of Pakistan Chamber of Commerce and Industry Ex-Officio Member Chairman Pakistan Business Council Ex-Officio Member President Overseas Investors Chamber of Commerce and Industry Ex-Officio Member

Additional public sector representative/members to be invited on an agenda basis:

Members
Minister of Foreign Affairs/ secretary Ministry of Foreign Affairs
Ministry for Economic Affairs/ secretary Ministry of Foreign Affairs
Special Assistant to the Prime Minister on Petroleum/secretary Petroleum division
Minister for Maritime Affairs / Secretary Ministry of Maritime Affairs
Chief Ministers of respective Provincial Governments / respective chief secretaries
Any other Ministry/Department

Private sector representatives to be invited:

Sector Members Organisation
Textile & Apparel Bashir Ali Mohammad Gul Ahmed. Karachi
Ahsan Bashir Suraj Cotton Mills, Lahore
ljaz khokhar Ashraf Industries, Sialkot
Khurram Mukhtar Sadaqat Textiles, Faisalabad
Shahzad Asghar Style Textile, Lahore
Leather S. Anjum Zafar Eastern Group, Lahore
Irfan Iqbal Nova Leathers. Karachi
Pharmaceutical Khalid Mahmood Getz Pharma. Karachi
Engineering Goods Almas Hyder Synthetic Products Enterprises Ltd, Lahore
Faisal Afridi Haier Group, Lahore
Rice Chairman Rice Exporters Association of Pakistan (REAP), Lahore
Fruits & Vegetables Waheed Ahmed lftekhar Ahmed & Co. Karachi
Agriculture Mahmood Nawaz Shah Sindh Mango Growers & Exporters. Hyderabad
Surgical Instruments Shakir Iqbal Hilbro International, Sialkot
Information Technology Chairman Pakistan Software Houses Association ([email protected])
Ammara Masood NDC TECH, Karachi
e-Commerce Muneeb Maayr Bykea, Karachi

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Shery Mudasir

Hey, I am Shery Mudasir an engineer by profession and a Blogger by Passion, and the Founder of Newsonhy. Newsonhy works as an operating system for bloggers to explore Blogging, SEO, and Affiliate marketing tips, Latest News, Read More

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