ISLAMABAD, Federal Minister for Finance and Revenue, Shaukat Tarin said Thursday that the government was supportive of promoting E-Commerce industry as a catalyst to economic growth and source of future foreign direct investments.<\/p>\n
Chairing a meeting with the representatives of Daraz, one of the prominent digital market- places in Pakistan, the finance minister said he saw a great potential of promotion of small and medium enterprises in Pakistan if provided support by digital platforms like Daraz.<\/p>\n
He said, such collaborative efforts would also create employment opportunities for the youth in the country.<\/p>\n
The minister affirmed his support for the growth of e-commerce industry in Pakistan and directed Daraz to propose initiatives where the government could work in collaboration with the e-commerce industry.<\/p>\n
Earlier, Managing Director Daraz Pakistan, Ehsan Saya briefed the minister that the online platform was offering 20 million different products and was visited by 15 million people every month.<\/p>\n
He said that various concessions offered to the IT industry by the government have proven helpful in promoting the e-commerce industry in Pakistan.<\/p>\n
On the occasion, Chief executive Officer Daraz, Bjarke Mikkelsen, requested to have more representation from the E-commerce industry in policy making and asked to simplify the tax administration processes and procedures for e-commerce platforms so that compliance becomes easier.<\/p>\n
The Daraz team thanked the finance minister for his support and committed to present their proposals soon on the inclusion of the SME sector through the e-commerce platforms.<\/p>\n
CFO Daraz Group, Kiran Faruqi and CFO Daraz Pakistan, Ahmad Hassan were also present in the meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD, Federal Minister for Finance and Revenue, Shaukat Tarin said Thursday that the government was supportive of promoting E-Commerce industry as a catalyst to economic growth and source of future foreign direct investments. Chairing a meeting with the representatives of Daraz, one of the prominent […]<\/p>\n
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