Report by Engineering Post
The Export-Import Bank of Pakistan (EXIM Bank), established under the Export-Import Bank of Pakistan Act 2022 has been operationalized sometime back.
The main objectives are; Encouraging, advancing and fostering global commerce, investment in trade, export-driven enterprises and domestic industries that substitute imports, aligning with the Act’s mandates and the national trade policies set forth by the Federal Government.
Overseeing, executing and managing international trade initiatives delegated or contracted to the Bank by the Federal Government, its agencies, or the State Bank of Pakistan, acting as a trustee, agent, or service provider under stipulated terms and conditions outlined in the Act’s regulations.
Many good initiatives undertaken by the federal government from time to time with some good intentions and objectives go without proper appropriate publicity to let the target stakeholders know so as to draw the benefits which should normally be accruing from such initiatives.
