Export target in Pakistan's sights
04/06/2008
Pakistan's leather industry is progressing well and will beat its export target of $1.1 billion for the year ending on June 2008.
The chairman of the Pakistan Tanners Association (PTA) , Mr S.M. Naseem has expressed satisfaction over the trend of exports of leather and leather goods that has shown up in official figures from the Federal Bureau of Statistics (FBS).
The figures show that the country's leather sector had registered exports of approximately $1 billion by the end of April, compared to a figure of $795 million for the same period a year ago. This means that 24% more has been exported this year across all leather sectors.
This led Mr Naseem to suggest that the industry in Pakistan was now a position to hit an export target of $1.5 billion by 2010. He urged the government to offer the leather sector incentives to make sure it could meet this higher target.