Strategic Trade Policy Framework (2015-18).

The Strategic Trade Policy Framework STPF (2015-18) has been designed learning from the previous two medium term frameworks (2009-12) and (2012-15). It has been ensured that procedural and budgetary bottlenecks are removed in STPF 2015-18. All business processes have simultaneously been formulated. Budgetary allocation of Rs. 6 Billion has been approved to implement the trade policy initiatives for year 2015-16. Continued budgetary support in FY 2016-17 and 2017-18 will be critical for achieving desired results. Targets STPF 2015-18 aims to achieve teh following targets by 30 June 2018: a) Enhancement of annual exports to US$ 35 Billion; b) Improve Export Competitiveness; c) Transition from ‘factor-driven’ economy to ‘efficiency-driven’ and ‘innovation-driven’ economy; d) Increase share in regional trade Key Enablers.