ISLAMABAD, Jul 08 (APP): The Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Wednesday said that Information Technology (IT) and Information Technology Enabled Services (ITES) sectors are among the top priorities of the government to encourage local and foreign investors.
The Advisor tweeted on his official account, “I am glad to see that export remittances from the IT and ITES sector have also picked up, showing a growth of 21% and fetching over a billion dollars in foreign exchange in just 11 months of the FY 2019-20”.
He said that this huge success was possible due to the efforts and support provided by the Ministry of IT and the coordination of relevant ministries and departments.
The Ministry of Commerce has also introduced the first E-Commerce Policy, which will give further boost to our IT industry, he said.
AbdurRazak Dawood also appreciated the IT industry and young entrepreneurs on this achievement and said that “we will continue to build on this success by extending all out support from the Ministry of Commerce, particularly our trade missions abroad.”
He also congratulated DG Khan Cement for making a breakthrough in winning orders for export of cement to Philippines. He said that this follows on their success in China. He further said that once market reach extends, then market share will increase. The Advisor informed that increasing geographical diversification is an important part of our strategic trade policy. The advisor said that exporters should follow this example of extending their market reach across the globe.
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