Tariff & Customs
EU urged to revise export tarriff
Nov 8th
KARACHI: There is a need for friendly nations in the West, particularly in Europe to review their tariff regime towards Pakistani exports to make it fair and equitable to help the country achieve its export potential.
Pakistan spinning mill
Despite security and infrastructure challenges the country has all it takes in terms of basic resource base and business- friendly policies to make it one of the most attractive investment destination in this part of the world.
The business community expects good days ahead as the world economy has started showing signs of recovery. To pounce on the anticipated business opportunities in 2010-11 the corporate Pakistan supports the government in its efforts to restore peace that is vital for expansion of the business and the economy. More >
EU will initiate Free trade Agreement with Pakistan
Nov 1st
LAHORE: European Union (EU) has finally agreed to initiate talks on Free Trade Agreement with Pakistan and the first round of negotiations would be held in February 2010.
This was stated by Federal Secretary Commerce Salman Ghani while speaking at Lahore Chamber of Commerce and Industry (LCCI) on Saturday. Terming it an achievement and a result of hectic efforts on part of the government, he said, it would pave way for a duty free access to EU.
Regarding a similar agreement with the United States, he said Americans were particularly more interested in Reconstruction Opportunity Zones (ROZs) than Free Market Access. On Afghan Transit Trade (ATT), Ghani said that two rounds of talks had already been held and the private sector would be taken onboard for the removal of their apprehensions regarding smuggling.
He assured the LCCI of his full support regarding LCCI Business Census of Lahore as the fact remains that correct data would help pave way for sector specific decision-making. He said the proposed census would help strengthen the government�s database that was a need of the hour.
