The business community of Southern Punjab has hailed the Strategic Trade Policy Framework (STPF) 2015-18 approved by Prime Minister Nawaz Sharif termed it balanced and export growing policy. President of Multan Chamber of Commerce and Industry (MCCI) Fareed Mughis Sheikh hoped that the Strategic Trade Policy Framework (STPF) 2015-18 would help in boosting up the exports to US $35 billion.
He said that strategic trade policy framework was formulated through an extensive consultative process, spanning over almost a year keeping in view the current trends in global trading environment and the declining trend witnessed in Pakistan's exports during 2015 due to exogenous shocks, coupled with domestic factors, and inelastic import demand. Fareed Sheikh said that we would have to do work on war-footing to meet the targets otherwise it would not be successful. There was dire need of monitoring the implementation of STPF 2015-18,removing bottlenecks, examine issues, relating to trade promotion, strengthen international competitiveness.
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