Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met today with a delegation of leading textile and apparel exporters and industry stakeholders, led by Haroon Sharif, Chairman of the Pakistan Regional Economic Forum, to discuss strategies for enhancing export competitiveness, attracting investment, and fostering industrial growth.
During the meeting, the Finance Minister emphasized that strengthening export-led sectors is central to Pakistan’s economic revival strategy. He highlighted that improving productivity, promoting innovation, and enhancing the global competitiveness of key industries are essential for expanding exports, creating employment, and ensuring sustainable long-term growth.
Senator Aurangzeb reaffirmed the government’s commitment to close engagement with industry stakeholders, ensuring that economic policies remain responsive to business needs while supporting sustainable and inclusive growth. He noted that policy frameworks are continuously being refined to promote investment, encourage reinvestment by established exporters, and remove procedural bottlenecks hindering industrial expansion, all while maintaining fiscal discipline and macroeconomic stability.
Highlighting the strategic importance of export-oriented industries, the Finance Minister stated that creating an enabling environment for exporters through improved policy coordination, regulatory facilitation, and investment promotion remains a top priority. He underscored the role of modernization, technological upgradation, and value addition in strengthening Pakistan’s export competitiveness and urged industry leaders to pursue innovation, adopt advanced technologies, and target higher-value market segments to capitalize on global supply chain opportunities.
The delegation briefed the Finance Minister on initiatives promoting joint ventures, attracting foreign investment, and enhancing technology collaboration across priority industrial sectors. Industry representatives stressed the need to align fiscal and regulatory policies with Pakistan’s competitive strengths to accelerate export-led growth and improve industrial productivity.
Participants emphasized the strategic significance of value-added textile sectors, which contribute a substantial share to Pakistan’s export earnings, noting that these segments require focused policy support to remain competitive amid evolving global markets and increasing regional competition. They also highlighted the importance of a streamlined taxation and compliance framework to facilitate reinvestment, business expansion, and ease of doing business, along with policies encouraging technological modernization and digital transformation.
Business leaders further called for reviewing labor costs and regulatory levies to ensure Pakistan’s export-oriented industries remain competitive internationally, which would support increased production, employment generation, and sustained export growth.
Responding to these proposals, the Finance Minister welcomed the constructive suggestions and noted that many of the issues raised are already being addressed as part of the government’s ongoing economic reform agenda.
The meeting was attended by Javed Bilwani, Chairman of the Pakistan Apparel Forum; Khurram Mukhtar, Patron-in-Chief of the Pakistan Textile Exporters Association; Khalid Mansoor, Director of the Pakistan Regional Economic Forum and former SAPM on CPEC Affairs and Minister of State; Siddique Bhatti, CEO of US Apparel; Shahzad Asghar Ali, CEO of Style Textile; and Javed Akhtar, CSO of Style Textile, along with senior officers of the Ministry of Finance.
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Another claim . Everything is terribly expensive and no one can afford anything.
So he can claim the heavens and no one will believe him