Pakistan urged to tap Middle East Markets to boost exports

Mettis Global reported that Saif Ur Rehman, coordinator to the Federal Tax Ombudsman, has called for wider trade with regional economies, particularly those in the Middle East, to raise Pakistan's exports and generate foreign exchange. Speaking to a group of traders on Sunday, he said Middle Eastern markets hold potential for Pakistani produce such as fruits, vegetables and processed foods, and cited Zia Snacks as an example. The remarks were attributed to a spokesperson.

He stressed that stronger regional trade networks could help local exporters enter new markets, diversify their export destinations, attract investment and create jobs, according to APP. Saif Ur Rehman also pressed for simpler export procedures, better logistics and lower energy and production costs so that Pakistani goods can compete abroad. He added that improved banking and customs facilities would make it easier for exporters to reach global markets.

Citing Pakistan's strategic location, he urged closer commercial ties with neighbouring countries and regional economies. He said such ties would need a targeted plan that favours higher-value shipments and narrows the trade gap.