LAHORE - The Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Sheikh has called for implementing the Prime Minister (PM) Export Enhancement Package in its true spirit apart from initiating steps, such as providing uninterrupted energy supply to the industry to make Pakistan exports competitive in the international market.

The PIAF chairman stressed the need for evolving an export-led policy and availability of energy at regionally competitive prices for economic turnaround. In a joint statement with senior vice chairman Tanveer Sufi and vice chairman Shahzeb Akram, Irfan said that much-awaited export package, approved recently by the ECC to steer the exporting industry out of crisis, is not being implemented by the government while the crisis is worsening day-by-day. He said, “Not only our share in the global market was shrinking and going to other countries but also the unit price of our products was decreasing thus resulting in reduced profitability for Pakistani exporters.”