A report on 'The Trade Development Authority of Pakistan Bill, 2007' was presented in the Lower House of the Parliament to maximise exports of goods and services and to develop strategy and plans within the policy framework. Chairman of the National Assembly's Standing Committee on Commerce Khurram Dastgir presented the report in the House.
According to the report, it "is a dedicated, effective and empowered organisation responsible and accountable for maximisation of exports, with the following clear objects to: (i) Maximise exports of goods and services and to develop strategy and plans within the policy framework. (ii) Develop a consistent, sustainable and result-oriented, holistic export development plan, outlining vision, objectives, strategies and plans. (iii) Achieve synergy in development of exports at a national level by forging effective liaison with private and public stakeholders and avoiding duplication of efforts.
(iv) Encourage and promote research in trade and policy related studies that may facilitate in formulating an effective export policy and plans. (v) Plan, organise exhibitions, delegations to and from Pakistan. (vi) Plan and organise local, international and inter provincial export promotional conferences, workshops, Seminars etc (vii) Plan and organise foreign trade promotion through advertising in local, and international print, electronic and other appropriate media; and to liaise with trade bodies abroad.
"Given the fact that there is a need to provide effective support and structured interaction with stakeholders for the formulation of consistent, practical and effective trade policies, regulations and trade development initiatives with greater clarity of institutional arrangements and linkages for purposes of policy formulation and the development of initiatives and implementation thereof amongst the Minister of Commerce, Trade Development Organisations and the private sector for maximisation of exports, the establishment of Trade Development Authority of Pakistan and its continuation as a 'body corporate' under the administrative control of the Ministry of Commerce is in the supreme national interest."