Trade Policy

Import substitution is unproductive, leading to inefficiencies, elevated prices

ECC diverts unspent Rs352b from PM Covid-19 Relief Package to get Covid vaccines

Policy is way beyond tweets and textile; it needs to be proactive, participative

Exporters in meeting discussed issues of Pak-Afghan trade

Trump administration moved on Monday to block US imports

Temporary relief may be gained from subsidies and currency devaluation, but they make trade more volatile

Overvalued exchange rate, weak trade facilitation have resulted in decline in Pakistan’s exports

The Strategic Trade Policy Framework to be a collective effort

Govt should direct consulates abroad to market Pakistani products to enhance exports.

Officials indicate that differences over US's plans to roll back free trade have been pushed to sidelines

FCCI SVP says Brexit has complicated export challenges

Govt expects only 10.7% rise in exports, way short of the required pace

KATI president said the leading political parties should work together for ‘Charter of economy’

Utilised only Rs1b, remaining amount unlikely to be released by the SBP

Export target looks over-ambitious and promised funds may not be released

The not-so-good news is that the new foreign trade policy reflects an overambitious quality

Say incentives will go a long way in increasing exports

Competitiveness, efficiency and innovation to remain key focus areas

Pakistan’s exports currently hover around the $25-billion mark per year

Ministry must come up with forward-looking policy

Govt fails to understand urgency of the matter: Lasbela Chamber chief

Framework about to lose one of its three working years

Demand its rationalisation to achieve targets

Ministry of National Food Security and Research plays a limited role and the food security bill is not approved yet

Delay in announcing trade policy will leave country nowhere, says Saeed

Ministry of Commerce upbeat after APTMA’s successful negotiation

Pakistan needs to be part of global supply chain, promote regional trade and become a transit hub

Trade policy in contradiction to ‘Vision 2025’ that targets exports of $50b