I am pleased to know that in line with their cherished tradition, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is organizing the 43rd edition of their annual Export Trophy Awards ceremony this year to honour the outstanding performance of Pakistani exporters during 2018-19.
Exports serve as a catalyst of economic growth. The volume of exports is an index of the pace of economic development. For a developing country like Pakistan, exports earnings are of critical importance. With growing competition among the countries for promotion of exports, Pakistan will have to explore new avenues for marketing its traditional and non-traditional export items. Our manufacturers need to exploit all available resources to increase country's exports.
The Awards undoubtedly provide encouragement to our exporters to achieve higher standards of quality and excellence to win acknowledgement from the country's apex body of trade and industry. Concomitantly, the Awards also serve as a guarantee that the exporter concerned has received approval from the premier trade body, which is very reassuring to international buyers located far away from Pakistan.
I extend my heartiest congratulations to all the winners and wish them continued success in future.