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Export competitiveness hinges on shared sustainability responsibility: Experts

LAHORE: Pakistan’s export competitiveness requires a fair distribution of the financial and operational burden of sustainability among global brands, local manufacturers and governments, participants at a national stakeholder conference said. The views were expressed at a sectoral dialogue titled “Currents of Changes: Textile Compliance, Shared Responsibility, and Pakistan’s Power Market…

Export competitiveness hinges on shared sustainability responsibility: Experts

The recent national stakeholder conference organised by Alternate Development Services (ADS) highlighted the need for shared responsibility in achieving Pakistan's export competitiveness and sustainability goals. Industry representatives, policymakers, regulators, researchers, and energy experts discussed various challenges, including power-sector reforms, textile compliance, decarbonisation, financing, buyer expectations, and technology.

National Grid Company Chairman Fiaz Chaudhary emphasized the importance of addressing structural problems in the power sector, suggesting that a fair distribution of financial and operational burden among global brands, local manufacturers, and governments is crucial. Meanwhile, experts like APTMA Energy Adviser Asim Riaz and LUMS Energy Institute Director Naveed Arshad stressed the significance of energy security and the potential of industrial-waste recycling and digitalisation in reducing electricity consumption.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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