PM Shehbaz approves restructuring TDAP 'on modern lines' to promote country's exports
Urges access of industrially manufactured products to global markets, alignment of industries with export standards
On November 6, Prime Minister Shehbaz Sharif approved the restructuring of Pakistan's Trade Development Authority (TDAP) to promote exports and modernize the country's industrial sector. The Prime Minister's Office (PMO) reported that the PM emphasized the importance of increasing access to global markets for Pakistan's industrially manufactured products.
During a high-level meeting in Islamabad, Shehbaz highlighted that the entire ecosystem of agricultural product exports would be developed, and that TDAP should have a well-trained workforce. The PM stressed that reforms could only occur if institutions were held accountable for achieving targets and performance. According to the PMO, a reputable private audit firm will be engaged to perform a financial and performance audit of the institution.
The prime minister noted that Pakistan's export potential was vast and its geography provided a suitable foundation. The review meeting discussed the challenges of TDAP's existing system and a comparative review of successful trade promotion organizations globally. The meeting also presented reforms to transform TDAP into a world-class trade promotion institution, with a phased 12-month plan to complete the reforms by mid-next year.
Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Shehbaz approves reforms to modernise TDAP dailytimes.com.pk
