AGL 38.16 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 134.19 Increased By ▲ 5.22 (4.05%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.69 Increased By ▲ 0.03 (0.64%)
DCL 8.67 Increased By ▲ 0.35 (4.21%)
DFML 39.78 Increased By ▲ 0.84 (2.16%)
DGKC 85.15 Increased By ▲ 3.21 (3.92%)
FCCL 34.90 Increased By ▲ 1.48 (4.43%)
FFBL 75.60 Decreased By ▼ -0.11 (-0.15%)
FFL 12.74 Decreased By ▼ -0.08 (-0.62%)
HUBC 109.45 Decreased By ▼ -0.91 (-0.82%)
HUMNL 14.10 Increased By ▲ 0.09 (0.64%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.37 Increased By ▲ 1.57 (3.94%)
NBP 69.70 Decreased By ▼ -2.62 (-3.62%)
OGDC 193.62 Increased By ▲ 5.33 (2.83%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.42 Increased By ▲ 0.05 (0.68%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.36 Increased By ▲ 0.97 (3.82%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.40 Increased By ▲ 1.98 (2.4%)
TELE 7.99 Increased By ▲ 0.40 (5.27%)
TOMCL 34.05 Increased By ▲ 1.48 (4.54%)
TPLP 8.72 Increased By ▲ 0.30 (3.56%)
TREET 17.18 Increased By ▲ 0.40 (2.38%)
TRG 61.00 Increased By ▲ 4.96 (8.85%)
UNITY 28.96 Increased By ▲ 0.18 (0.63%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)
Business & Finance

PPE a silver lining for Pakistan exports, says Dawood

  • Pakistan has “really moved fast into that area,” said Dawood, and was optimistic that the current year would be better than the previous, with regards to PPE exports.
Published July 13, 2020

With economies faltering globally amid the coronavirus health crisis, the vulnerable export sector of Pakistan might have found its silver lining with the exports of PPE.

The exports of PPE, masks, and other protective gear have increased amid the pandemic, informed Abdul Razak Dawood, the Advisor to Prime Minister Imran Khan on Trade, quoted Bloomberg.

The country's exports which declined by over 6 percent during FY19-20, are quickly making its name in this new market. Pakistan has “really moved fast into that area,” said Dawood, and was optimistic that the current year would be better than the previous, with regards to PPE exports.

The country is also keen to utilize its strategic position on the globe and wants to attract multinationals, as Pakistan plans to give tax incentives to any global brand that opens an office here, informed Dawood.

Earlier, Federal Minister for Science and Technology stated that the local industry had enhanced its capacity for PPE production and "we are receiving interest from foreign investors as well."

On June 2, Federal Cabinet lifted the ban on the export of all items of PPE, hand sanitizers, disposable gowns and gloves, face shields, biohazard bags, goggles and shoe covers, made from various classes of materials, including woven and non-woven chlorinated polyethylene (CPE), Polypropylene (PP), spunbond and meltblown, with the exception of N-95 Masks and Surgical Masks and Tyvek Suits.

Comments

Comments are closed.