Emphasis on Self-Reliance
After monitoring consecutive trade policies over the years one comes to the conclusion that every year brings an improvement over the previous annual period but sometimes the targets set are too ambitious. This year a more pragmatic course is followed, realistic goals have been set. The Trade Policy for 1993-94 sets an export target of US$ 8 billion against an estimated import bill of US$ 10 billion, leaving a gap of US $ 2 billion to be made over from other resources, mostly repatriated foreign exchange through workers’ remittances.
