Pakistan’s Economic Coordination Committee (ECC) has approved sugar exports to Tajikistan, with some conditions attached. This decision is expected to give Pakistan’s exports a significant boost, considering the country’s total exports to Tajikistan reached $32.81 million in 2023.
Pakistan’s top export categories to Tajikistan include sugars and sugar confectionery, valued at $28.89 million, followed by pharmaceutical products at $916,580, and soaps, lubricants, waxes, candles, and modelling pastes at $579,800.
The growth in Pakistan’s exports to Tajikistan is a promising trend, particularly in the sugar sector. This development is likely to have a positive impact on Pakistan’s economy, and it will be interesting to see how it affects the country’s overall trade balance.
Pakistan’s move to increase exports comes at a time when strengthening exports is critical for the country’s sustained economic growth. With the ECC’s approval, Pakistan is poised to capitalize on its export potential and foster economic cooperation with Tajikistan.