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Govt mulling to give relief package to export-oriented industries

Govt mulling to give relief package to export-oriented industries

LAHORE: Punjab Minister for Industries Ch Muhammad Shafiq has said that the government is mulling to announce a relief package for the export-oriented industries.

He was addressing the opening ceremony of a 3-day 34th Pakistan International Handmade Carpet Exhibition organized by Pakistan Carpet Manufacturers and Exporters Association (PCMEA) in collaboration with Trade Development Authority of Pakistan (TDAP).

Shafiq said that the relief would be given on various input heads, including energy cost, cost of doing business and domestic taxes.

Government would continue to extend financial support for holding of such healthy activities of trade exhibitions, added, saying that the government has the credit of ensuring condusive and business-friendly policies that resulted in huge local and foreign investments in Pakistan through a number of developmental projects.

He said that Pakistan has suffered far many losses in the war against terrorism. On this occasion, the newly elected PCMEA central chairman Usman Ghani, vice chairman Riaz Ahmed, Akhtar Nazir Khan chief organizer, M. Saeed Khan chief coordinator, Mian Attiq  and the immediate past chairman Kh Shakir also addressed the opening ceremony.