ISLAMABAD: Senator Aon Abbas Buppi, the Prime Minister’s Special Assistant on E-Commerce, estimated the country’s e-commerce trade would reach $9.1 billion by 2025.
He told APP that Pakistan was a growing e-commerce business with the potential to dominate the regional market and become a global player.
He noted the country’s e-commerce business had only $4 billion in revenue, significantly less than its regional competitors.
We can balance our trade imbalance and increase the country’s economic growth, according to Aon Abbas Buppi.
He added that e-commerce had a larger market volume than traditional trade, giving young people a chance to participate in economic progress.
The Prime Minister of Pakistan, Imran Khan, recently attended an e-commerce convention, which received positive feedback from many social groups.
He said numerous steps were being done for the development of the e-commerce sector, focusing on tax, ease of doing business, and freelance concerns.
According to him, the government is working on payments and banking as well as consumer and data protection.