ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood has said that the COVID-19 situation is a golden opportunity for Pakistan to pursue making products on its own.
In a series of tweets, Razak Dawood wrote, Pakistan must move towards making products on its own rather than importing items. “The new changes will allow the country to facilitate local production thereby moving towards local manufacturing and pursuing ‘Make In Pakistan Policy’,” he added.
The Corona Virus has changed the world as we knew it; business processes will be completely different. Such difficult times always bring out new opportunities,new products, new ways of thinking.This is a golden opportunity for Pakistan to pursue the “Make In Pakistan Policy”. 1/3
— Abdul Razak Dawood (@razak_dawood) May 5, 2020
Many businesses are on the verge of closure, many labourers are under the threat of losing their jobs. Under the circumstances the need of the hour is a policy whereby we do not import, but make products in Pakistan. 2/3
— Abdul Razak Dawood (@razak_dawood) May 5, 2020
MOC is aggressively pursuing changes in the tariff structure for the upcoming budget,allowing us to facilitate local production thereby moving towards local manufacturing, pursuing our “Make In Pakistan Policy“ 3/3 @pid_gov @ImranKhanPTI @PTIofficial @appcsocialmedia @aliya_hamza
— Abdul Razak Dawood (@razak_dawood) May 5, 2020
“Many businesses are on the verge of closure [and] many labourers are under the threat of losing their jobs,” he wrote. “Under the circumstances, the need of the hour is a policy whereby we do not import but make products in Pakistan,” he further wrote.
Dawood noted that the coronavirus has changed the world and business processes will be changed too. “Such difficult times always bring out new opportunities, new products, new ways of thinking,” he said.
Earlier, the advisor said despite the huge challenge of debt, Prime Minister Imran Khan preferred to give relief to people who are suffering from lockdown restrictions.
He said just one program is not adequate to support all segments of the society, therefore the government is introducing various programs to assist all sectors.
Read more: Exports to Africa increase by 10 percent in 2020: Razak Dawood
