Trade deficit can be restrained via ‘import deletion’ under PPP

The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has asked the government to give the export industry status to the local vending industry, which is fully capable of bridging the huge gap of ever-rising trade deficit not only through enhancing exports but also controlling unbridled imports through ‘import deletion’ of industrial replacement parts. […]

from Daily Times https://ift.tt/2ZYlqmw