Promoting E-Commerce trade can balance Pakistan’s trade deficit: Aon Buppi

Special Assistant to the Prime Minister on E-Commerce, Senator Aon Abbas Buppi said by promoting E-Commerce trade in Pakistan, we can balance our trade deficit which will lead to improve the country’s economic growth. Talking to the APP, he advised the youth of Pakistan to utilize e-commerce sector to play an effective role in the economic development.

Aon said that with the personal interest of the Prime Minister, various initiatives are being taken for the development of the E-Commerce sector. Aon Abbas said, the E-Tijarat portal will help boost trade and help overall economic development by promoting “Made in Pakistan” products in regional and global markets.

SAPM said that the government has introduced the first E-Commerce policy in October 2019, which would create new avenues of employment opportunities.

The SAPM said that a new Equity Investment Policy had been approved and the E-Commerce sector is being linked with Silicon Valley.

The SAPM said that work is also underway on Ease of Doing Business in collaboration with the Securities and Exchange Commission.

Source: Radio Pakistan