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    Pakistan Cancels 12 Tariff Restrictions On Imports Of India Commodities

    2011/11/15 8:17:00 11

    Import Tariffs On Goods In IndiaPakistan

      

    Pakistan

    Plan implementation and India

    Trade

    With the normalization of relations, Pakistan announced the lifting of import restrictions on 12 kinds of India products, including raw materials, machinery, leather and textiles, and entered into force immediately.


    Abdel, Minister of finance of Pakistan (Abdul Hafeez Shaikh), announced at the meeting of the cabinet Economic Coordination Committee, which he chaired, that the goods were allowed to be imported from India at one time.


    An official said today that the meeting also approved that it is necessary to adjust and change the import and export policy order of the state (2009-12 strategy).

    trade policy

    Framework)


    India's prime minister Singer and Yusuf Raza Gillani issued a statement at the summit meeting of the Maldives SAARC that the two countries have embarked on the summit.

    free trade

    Pakistan's finance minister subsequently announced the decision.


    Pakistan's decision is also due to media reports that some textile mills in Pakistan are planning to move to Bangladesh to gain local investor friendliness.

    Environmental Science


    Pakistan has announced that it has decided to normalize its trade relations with India and finally give India the status of "most favored nation treatment".

    When the two ministers of Commerce met in New Delhi on -15 November 14th, they expected to make a major decision.


    Although India granted MFN status to Pakistan as early as 1996, the Ministry of Commerce of Pakistan recently sought the approval of the ECC to increase the types of goods that can be imported from India.


     
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