Karachi -- President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said proper economic direction is necessary to trigger growth.
National development is impossible without boosting exports for which value-addition should be encouraged while the process of imports and exports should be streamlined.
Talking to the business community, the veteran business leader said that the government is studying the economic model of Vietnam on the directives of Prime Minister Imran Khan which is laudable.
He said that the majority of exports of Pakistan are based on agriculture while the input of imported items in exports is just five percent.
The share of imported items in exports of Vietnam is 36 percent. Pakistan ports can only handle trade worth 70 billion dollars while Vietnam ports can handle imports and exports worth...