Here’s how Pakistan’s ‘Look Africa Policy’ is showing remarkable growth and achieving goals
"The country's exports to many African countries have recorded consistent growth."
The Adviser to the Prime Minister for Commerce and Investment, Abdul Razak Dawood, has said that Pakistan’s “Look Africa Policy” continues to show remarkable results.
In an official tweet, Dawood shared the news saying, “the country’s exports to many African countries have recorded consistent growth.”
Our ‘Look Africa Policy’ continues to show some results as Pakistan’s exports in a number of African countries posted reasonable growth. Although, the overall export value is still smaller as compared to the existing potential, but our exporters must be appreciated for… 1/3 pic.twitter.com/k4IkP6Y2cC
— Abdul Razak Dawood (@razak_dawood) August 10, 2020
Abdul Razak Dawood added, “Although, the overall export value is still smaller than the existing potential. Our exporters must be appreciated for their efforts to find new markets for Pakistani products, despite the overall impact of COVID-19 on the global economy. The African continent is one of the key elements in our geographical diversification policy.”
The Advisor further said that the Ministry of Commence (MOC) would continue to pursue this vigorously to carry on with the momentum.
Earlier this year, The Pakistan Ministry of Commerce organized the “Pak-Africa Trade Development Conference” in Nairobi, Kenya.
|2018||Africa-Pakistan trade||$3 billion|
|2019||Africa-Pakistan trade||$4.2 billion|
The Advisor pointed out that the trade volume between Pakistan and Africa is nominal and should be boosted.
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