answersLogoWhite

0


Best Answer

Pakistan earns alot in exporting raw cotton and cotton yarn but not stitched garments. Then it also exports footballs from Sialkot and surgical instruments and cutlery from Wazirabad.
Main Products are Rice , Fruits and Textile
Pakistan is a fast growth country given that it is in a tough neighborhood. For the last 5 years it has averaged 6-7% growth. Pakistan has been burdened with a costly arms race with the 8 times larger India. This has placed severe strain on her resources eversince her independence.

However, there are signs that the country is trying to work its way out of the costly foreign policy and move towards greater economic development.

The export base is indeed narrow, however, the government has made a real effort to expand that base which has caused exports to double in last 6 years. There is also a great focus on diversifying exports. Currently, Pakistan is actively signing free trade agreement with many large trade partners. Pakistan has also develop incentives for the foreign investors by giving tax holdays for 10, 20, or 30 years depending on the type of investment. Pakistan has broken ground for 6 international level technology universities in collaboration with friendly countries from Europe and Asia. This is geared towards creating a supply of quality technical resources to feed the planned hightech economy. It is expected that Pakistan will pick up pace in her economic growth after 2010 to beyond 7%.

User Avatar

Aliza Upton

Lvl 13
1y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

Pakistan earns alot in exporting raw cotton and cotton yarn but not stitched garments. Then it also exports footballs from Sialkot and surgical instruments and cutlery from Wazirabad.
Main Products are Rice , Fruits and Textile
Pakistan is a fast growth country given that it is in a tough neighborhood. For the last 5 years it has averaged 6-7% growth. Pakistan has been burdened with a costly arms race with the 8 times larger India. This has placed severe strain on her resources eversince her independence.

However, there are signs that the country is trying to work its way out of the costly foreign policy and move towards greater economic development.

The export base is indeed narrow, however, the government has made a real effort to expand that base which has caused exports to double in last 6 years. There is also a great focus on diversifying exports. Currently, Pakistan is actively signing free trade agreement with many large trade partners. Pakistan has also develop incentives for the foreign investors by giving tax holdays for 10, 20, or 30 years depending on the type of investment. Pakistan has broken ground for 6 international level technology universities in collaboration with friendly countries from Europe and Asia. This is geared towards creating a supply of quality technical resources to feed the planned hightech economy. It is expected that Pakistan will pick up pace in her economic growth after 2010 to beyond 7%.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the major imports and exports of Pakistan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Reports on exports of Pakistan .pdf?

what are the major exports of pakistan. and its importance? what are the major exports of pakistan. and its importance? what are the major exports of pakistan. and its importance? what are the major exports of pakistan. and its importance? what are the major exports of pakistan. and its importance?


How much Pakistan export and imports?

imports more that it exports


What are the 5 major imports and exports?

what are the 5 major exports and imports of japan


Imports and exports of Pakistan?

thx for answering


What are the major imports and exports of Greece?

Wine, Bread, and Cheese are major imports and exports of Greece


What is Washington's major exports?

the major imports and exports are notthing


What are the major imports and exports of srilanka?

exports of srilanka


What are some major imports in Boca Raton Florida?

Some major imports and exports of Boca Raton, Florida, is oranges (exports) and cars (imports).


What are major exports and imports of Qatar?

Exports: Petroleum and Liquified Natural Gas Imports: Machines


What is Yukon major imports?

What are the Imports and Exports of Yukon Territory


Major imports and exports in Libya?

hi. i figured out libya mainly imports oil, and exports fish.


What are the major imports and exports in Luxembourg?

the major imports of Luxembourg are minerals ,metal and foodstuff