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Tariff structure being rationalised: top Pak official

Published: 2019-07-11

Pakistan’s tariff structure is being rationalised and streamlined to ensure the country's industrial production competitiveness in the global market and ease of doing business, prime minister's advisor for commerce, textile, industry and production Abdul Razak Dawood recently said while meeting representatives from the industries based in Punjab. 

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The government had reduced and eliminated various duties on import of industrial raw materials, but the country needs to be consistent in its policies, Dawood said. 


Pakistan is aiming to carve out a $200-billion share from Chinese imports, Pakistani media reports quoted him as saying. 


China is also relocating industrial units to Pakistan because of which the government is focused on improvement of industrial infrastructure, he added. (DS)



Source:Fibre2Fashion News Desk – India