Pakistan government unveils new export incentive package for small industries

Pakistan’s Ministry of Commerce has announced a new export incentive package aimed at boosting the international competitiveness of small and medium industries, particularly in textiles, leather goods, and agricultural products. The scheme includes cash subsidies, streamlined export licensing, and reduced documentation fees to help exporters access global markets more efficiently. Officials said the move is designed to increase foreign exchange earnings, support domestic production, and create job opportunities across manufacturing hubs. Industry groups welcomed the announcement, noting that enhanced incentives could help local businesses overcome competitive challenges in the global trade environment.