For years, the economy has been constrained by an excess of rules, permits, approvals

Rising imports of industrial inputs signal economic revival, not decline, as Pakistan embarks on tariff reform

As some long-entrenched firms leave, new players move in, drawn by signs of economic recovery and growth

Pakistan can pursue comprehensive FTAs with UK and EU to diversify exports, join global value chains

With reconfiguration of supply chains and opening of economy, Pakistan can attract hefty foreign investment

Major policy overhaul presents rare opening for countries like Pakistan to gain market share

Govt policies fuel earnings of certain sectors, often at cost of broader private sector development

Reforms target tariffs, electricity, SOEs and debt to make economy more competitive

To bridge competitiveness gap, trade policy modernisation must be starting point

Should pursue strategic trade deals with China and US, invest in high-value sectors