National Assembly of Pakistan
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Standing Committee Chairman on Commerce Expresses Concerns Over Expensive Wheat Imports
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Parliamentary Committee Expresses Concern Over High Textile Tariffs
While chairing the 20
th meeting of the Standing Committee on Commerce, Chairman Syed Naveed Qamar expressed serious concern about Pakistan’s high textile tariffs as compared to other regional competitors.
He urged the government to take immediate steps regarding the rationalization of tariffs of the Textile Sector.
He said that Textile and Apparel accounts for over 60 percent of Pakistan’s exports, and higher import tariffs are increasingly being dubbed as the tax on exports making exports uncompetitive.
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Advisor to the Prime Minister for Commerce, Textile and Investment, Abdul Razak Dawood, informed the Committee that National Tariff Commission (NTC) was directed to complete the study of the Textile Sector to rationalize the tariffs of the sector in line with the recommendations of the study.