The minister unveiled the new trade policy at a news conference in Islamabad on Tuesday.
Dastagir said that the current exports of the country stand at 24 billion dollars and the new target of 40 % increase in exports is quite achievable.
The minister said that the new trade policy has been framed in consultation with all stakeholders including the private sector.
He said the new trade policy is based on product diversification and sophistication, increasing market access, institution developing and trade facilitation.
He said an important point of the trade policy is to promote regional connectivity by focusing on increasing trade links with Afghanistan and Central Asian States.
Khurram Dastagir said that the exporters will be provided an enabling environment to achieve the targets.