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PAKISTAN'S EXPORTS TO SAUDI ARABIA UP 21% IN JULY-MAY, 2001/02.

AsiaPulse News

| August 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KARACHI, Aug 1 Asia Pulse - Pakistan's total exports to Saudi Arabia reached US$293 million during July-May 2001-2002, showing a growth of 21 per cent over the US$52 million in the same period in the prior year.

According to the Export Promotion Bureau (EPB), this increase is 52 per cent higher over 1999-2000 and 73 per cent over 1998-1999.

The annual export target for Saudi Arabia for July-June 2001-2002 was fixed by the EPB at US$278 million while the annual export target assigned by the Foreign Office was US$231 million.

The 12 month targets fixed by both departments have been surpassed in the 11 months, touching a level of US$293 million.

The targets were fixed with reference to the national export target of US$10 billion but after September 11 ...

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