Amazon Approval Will Open Opportunities For Youth: PM

Prime Minister Imran Khan said that Amazon starting operations in Pakistan will open opportunities for our youth as it will enable a new breed of young men and women entrepreneurs to join the export market.

While took to Twitter, PM Imran further wrote, “a great development as Amazon has finally approved that our sellers can export their goods through their system.”

A great development as Amazon has finally approved that our sellers can export their goods through their system. Amazon starting operations in Pak will open opportunities for our youth as it will enable a new breed of young men & women entrepreneurs to join the export market.

— Imran Khan (@ImranKhanPTI) May 6, 2021

Note that, the world’s most popular technology company Amazon has added Pakistan to its approved seller list.

Pakistan has reportedly received approval from Amazon to Register Pakistan in the verified Amazon seller list.

A new renewed countries list will be issued on Amazon’s official website in the next 12-24 hours.

Moreover, made in Pakistan products will now be available to millions of consumers globally.

According to further reports, the tech giant had also registered an office in Pakistan under the name Amazon Data Services Pakistan (Pvt) Ltd.

Paul Andrew Macpherson, the Securities and Exchange Commission of Pakistan (SECP), would serve as the CEO of the office.

Also, SAPM Shahbaz Gill has expressed satisfaction after the huge achievement gained by Pakistan. In his tweet, Gill said that with this development, Pakistan has joined the global market and will now create billions of investment and employment opportunities.

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Earlier, Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood had stressed that the trend of e-commerce had accelerated in recent years with the development and easy accessibility of the internet.

He had added, “Due to the Covid-19 pandemic, the importance of e-commerce had increased manifold, making it an extremely vital sector of the economy.”

Note that Amazon is introduced as “one of the most influential economic and cultural forces in the world”. It was founded by Jeff Bezos on July 5, 1994.

Amazon also falls in the list of the Big Four technology companies, along with Google, Apple, and Facebook.

Previously, Jeff Bezos had surpassed Elon Musk, the founder of companies such as Tesla and SpaceX, to become the richest man in the world again.

Elon Musk’s wealth had plummeted to $1.5 billion on February 16, after Tesla’s shares fell 2.4 per cent, making him the second richest person in the world in the Bloomberg Billionaires Index.

Jeff Bezos’s assets fell by $372 million, which was not much, due to a slight downward trend in the stock market.

According to the Bloomberg Index, Jeff Bezos currently has 191 billion in assets, while Elon Musk has $190 billion.

Jeff Bezos had been the richest man in the world since 2017 but was overtaken by Elon Musk in early January 2021, when shares of Tesla rose sharply.

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