Pakistan has set an ambitious target of increasing its exports to more than $100 billion by 2035 as part of a broader strategy to drive long-term economic growth.
While unveiling the government’s export-led growth plan, Planning Minister Ahsan Iqbal emphasized that expanding exports is essential for strengthening Pakistan’s economy, creating employment opportunities, and improving the country’s global competitiveness.
Addressing the business community, the minister urged entrepreneurs and industrialists to prioritize export-oriented investments and play an active role in boosting the nation’s economic performance.
He stressed that achieving the government’s export target would require close collaboration between the public and private sectors, along with greater innovation, productivity, and value-added manufacturing.
Ahsan Iqbal also highlighted the importance of accelerating the adoption of electric vehicles (EVs) across Pakistan.
Referring to recent geopolitical tensions involving Iran and the United States, he noted that such developments exposed Pakistan’s heavy dependence on imported oil and the economic risks associated with rising fuel prices.
According to the minister, expanding the use of electric vehicles would help reduce the country’s fuel import bill, conserve valuable foreign exchange reserves, and strengthen Pakistan’s long-term economic resilience.
He added that promoting cleaner transportation and reducing reliance on imported fossil fuels would support both sustainable development and greater energy security.
