Pak widening trade deficit can be restrained through 'import deletion' under PPP: PAAPAM.

LAHORE -- The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has asked the government to give the export industry status to the local vending industry, which is fully capable of bridging the huge gap of ever-rising trade deficit not only through enhancing exports but also controlling unbridled imports through 'import deletion' of industrial replacement parts.

In a letter, written to the Federal Minister for Industries and Production Hammad Azhar, the association has asked the government that there is a huge possibility of 'import deletion' of industrial replacement parts, in addition...