Pak exports to US on upward trajectory, to cross $8 bn mark: Masood Khan

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enewspaper.com.pk/Pak exports to US on upward trajectory, to cross $8 bn mark Masood Khan

ISLAMABAD, (APP): Pakistan Ambassador to the United States Masood Khan has said that Pakistan’s year-on-year exports to the US have increased by 23%, and last year, the total volume of exports, for the first time, crossed $5 billion.

During this financial year, exports have already grown to $6.16 billion in the July-May 2021-22 period.

The figures of June, which have yet to come, he said, would further enhance the overall volume of total Pakistan’s exports to the US.

“The United States is an important trading partner and the single largest export destination for Pakistan. The spurt in our exports is a very promising trend”, a press release on Saturday quoted ambassador Masood Khan as saying.

He said Pakistan’s total exports to the US in the sectors of services and IT crossed the $2 billion mark. Cumulatively, the total volume of exports should be more than $8 billion, including services and IT.

“Pakistan’s tech sector, supported mainly by the United States’ entrepreneurs, has shown extraordinary results. It is poised to continue on its positive trajectory”, he added.

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