Prime Minister's Advisor for Commerce, Textile, Industry and Production, Abdul Razak Dawood has said tariff structure is being rationalized and streamlined to ensure country's industrial production.
During a meeting with industrialists from Punjab in Lahore on Saturday, he said efforts are also being put in place to ensure competitiveness of Pakistani products.
Abdul Razak Dawood said China had committed to import Pakistani goods up to one billion US dollars, for which sugar and rice export targets had been completed while yarn is being exported to China. He said China is also relocating its industrial units to Pakistan.
The meeting also discussed various matters pertaining to Allama Iqbal Industrial City Faisalabad, Quaid-i-Azam Apparel Park Sheikhupura, Sundar Industrial Estate, and establishment of Expo Centre in Faisalabad.
Source: Radio Pakistan