Federal Cabinet Approves Plan to Boost Exports, Imports via Gwadar Port

Fri Sep 13 2024
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ISLAMABAD: The federal cabinet on Friday approved a plan to boost the volume of exports from Gwadar Port in the future.

The cabinet meeting chaired Prime Minister Shehbaz Sharif in Islamabad also approved the signing of a Memorandum of Understanding (MoU) between Pakistan and Sri Lanka for the issuance of a commemorative postal stamp to mark the 75th anniversary of diplomatic ties between the two countries.

Undre the cabinet instructions a subcommittee of the Cabinet will be formed to submit a quarterly report on imports and exports through Gwadar Port.

The cabinet expressed satisfaction that a wise decision by the cabinet on sugar exports not only brought valuable foreign exchange to the country but also kept sugar prices under control.

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