KARACHI: Pakistan must quickly switch over her export trade to the dollar earning areas in order to ensure a steady flow of capital goods which she needs for her development. This view is expressed by commercial circles in Karachi. The need for such a switch-over has become greater after the London financial talks between the Commonwealth countries.

Pakistan is in a good position to do it now that she has completely regained her trade and can afford to plan her exports and imports without disturbing her economy.

While India`s problem is to `export more or die`, Pakistan has to judiciously select useful markets for export of her essential raw materials. At present, India and UK are the two countries which import the bulk of Pakistan`s raw materials. The other customers are USA, France, Belgium, Italy and other Western countries. Pakistan enjoys favourable balance of trade with hard currency areas, but this is not enough to meet her import requirements from these countries. As a first step, exports to these countries will have to be stimulated. Staff correspondent