Prime Minister Imran Khan has directed the authorities concerned to create a business-friendly economy by taking all necessary measures to exploit full potential of exports diversification in salt and pharmaceutical sectors.
Chairing a meeting of National Export Development Board in Islamabad, he reiterated that the government is focused on creating business friendly environment in the country for further strengthening the economy and increasing employment opportunities.
The Prime Minister emphasized to create a business-friendly economy and said that business community should adopt modern technologies to achieve maximum value addition.
The Prime Minister was briefed on the potential of diversification of exports, especially in salt and pharmaceutical sectors.
He was told that Pakistan is lucky to be blessed with all types of salt available in the world. These include rock salt, sea salt and lake salt.
With a reserve size of 6.2 billion tons, Khewra Salt Mine is the second largest salt range in the world. Pakistan has also sea salt reserves along 1050 KM long coastline.
Almost 60% of total 350 million tons global salt consumption is made by the chemical industry.
Moreover, it was told that currently Pakistan’s pharmaceutical exports are worth 275 million dollars with a growth potential of 74.3 billion dollars.