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Favourable policies help exports grow

21 Aug '06
1 min read

Futuristic economic policies and key structural changes in area of trade and tariff enabled country's export grew at an average rate of 16.45 percent each year for the last four years.

These favourable policies facilitated country to double its exports in short span of seven years and raise trade to GDP ratio to 34 percent from 26 percent in 1999-2000.

Textile exports gained 19.2 percent and exports of its sub categories like bed wear grew 58.4 percent, cotton yarn 29.4 percent, ready-made-garment 31 percent, towel 12 percent and cotton cloth 16.5 percent and leather exports registered 44 percent.

Country's overall exports increased $1890.23 million in the first nine months of the current fiscal over the same period last year.

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