Pakistan has struggled with export-oriented industrial development during the last two decades. The rising trade deficit, which peaked at a value of around $48 billion in 2021-22 and then about $27 billion in 2022-23, increased a set of problems during to forex crunch. Efforts in this regard are underway, with plans to scale Pakistan exports up to $100 billion in 5 years. Export-oriented industrial development is crucial to alleviating the burden of debt, averting economic downturns, and setting the country on the path to growth and development. Pakistan uses Strategic Trade Policy Frameworks to target export growth and development of…
