Agricultural collaboration with China will give direction to move forward to adopt international practices in Pakistan as well as stimulate economic and social development.
Talking to APP here Sunday, Pakistan Businesses Forum (PBF) Vice President Ahmad Jawad, “We must adopt a global and international perspective in our business practices in order to make its agricultural products more competitive in international markets to earn valuable foreign exchange.” People of most countries realized the importance of locally produced goods, so much so that even in the richest country in the world, he said, adding that this approach should be promoted to strengthen the agriculture and manufacturing sector of the country a lifeline for the economy.
In this regard, all available resources must be utilized to transform this idea into reality. To another question, he mentioned, “We also need an export-driven growth strategy, yet we are far behind. Even leading economies cannot function without exports therefore experts on trade should be hired for policy formulation.” diversity of products, prioritizing services sector, and implementation of simple, easy to comprehend, schemes and incentives.
The private sector had to develop its own brands on a war footing for survival otherwise neighboring countries will continue to sweep international markets,” he said. He asserted, “Pakistani missions abroad must also help introduce and promote Pakistani products in the respective country and ensure dissemination of trade-related information so that Pakistani entrepreneurs can avail trade opportunities to the maximum.”