Boosting services exports under works

The United Arab Emirates (UAE) and Turkiye followed with their earnings of $155bn and $90bn, respectively, according to a World Bank report. Pakistan can learn a lot from these three nations and from China and India — the two Asian giants. Combined, the five countries boast an 18 per cent share in global services exports. We all know that Singapore has one of the best education systems, and Singapore and the UAE are the preferred destinations for top professionals and top companies worldwide. Meanwhile, China, India and Turkiye have made remarkable progress in education and skill enhancement since the beginning of this century. If Pakistan also wants to boost its services exports, it will have to follow the same course — invest more in education and skill enhancement and become an acceptable destination for foreign investment in the services sector. However, even before that, the menace of extremism and terrorism will have to be eradicated.