Business is imperative to the economy of a country because it provide jobs, services and goods. Developing countries like Pakistan pay attention to the steps which may lead the country to its highest peak. As economy of Pakistan and Pakistan’s society have developed considerably since independence in 1947.Business is a step for the improvement of a country’s GDP. Country which is having dynamic business has eye catching international accounts. It also improves the government treasury.
At the present time different organizations and firms are attracted towards online business and trade that includes E-commerce and commerce. Pakistan’s economy development is due to commerce and trade as they have contributed as tax revenues and employment. Trade is the Backbone of Pakistan.
E-Commerce is trading of products, goods and services by means of internet. It works with technologies such as internet marketing, funds transfer, mobile commerce and online transaction etc. E-Commerce has positively impacted Pakistan by social networks and propagation of mobile and smart devices.
Dealers, wholesalers, organizations, firms and different companies were present in the 9th Expo (February 26-March 1). And they were interested to trade with Pakistan as according to the estimation Pakistan has generated export orders more than 1 billion dollar. Hence, Expo Pakistan has huge collection of exports goods and services.
From exports Pakistan earns foremost portion of foreign exchange such as sporting goods, medical equipments, cotton products and toys etc. Hence, it is important for Pakistan to increase its exports so that its economy will grow. The relation between economic growth and exports is positive. Essentially nation wants economy to be superior rather than inferior as no nation wants a negative trade balance. One of the main sources of increasing exports and defining them to the depth is by exploring online networking.