Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

National Tariff Commission chief expresses reservations about FTA with China

byCT Report
22/05/2015
in Latest News, National
Share on FacebookShare on Twitter

RAWALPINDI: National Tariff Commission (NTC) Chairman Muhammad Abbas Raza has said that NTC prime job is to protect local industry and take strict measures to end unfair trade.

The NTC has strong reservations about Free Trade Agreement (FTA) with China and such worries have been conveyed to government also and it is decided that products which are being produced in Pakistan will not be included in trade agreements with China in future to protect local industry.

You might also like

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

21/04/2026

OICCI proposes 5pc cap on withholding tax, calls for reforms

21/04/2026

He expressed these views while talking with president Rawalpindi Chamber of Commerce and Industry (RCCI) Syed Asad Mashadi during his visit to chamber. NTC Chief was accompanied by Member NTC Shahjhan Shah, Director NTC Imran Zia and Chief Legal Advisor Ahmed Sheraz. While former Presidents RCCI S.M Naseem, M.S Azeem, member executive committee and other members of the Chamber were also present on the occasion.

Abbas Raza said that NTC acknowledge the efforts of Rawalpindi Chamber towards trade and exports enhancements through Made in Pakistan Expos but it is the need of the hour that branding must be given special attention. Business community should adopt value addition of the products to enhance exports of the country rather relying on traditional methods, he said. He added that NTC impose anti-dumping duties to support local industry but the local businessmen must espouse modern ways to get reasonable share in international trade markets.

Earlier, President RCCI in his welcome note said that Rawalpindi’s main industries are marble, gems & jewelry, pharmaceutical and poultry and textile items industry also exists in the region. He said that prevailing situation of the country is not business friendly but RCCI striving hard to promote local products in international trade markets through Made in Pakistan Expos.

 

Related Stories

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

byCT Report
21/04/2026

KARACHI: The Directorate General of Customs Valuation, a division of the FBR, issued Valuation Ruling No. 2069/2026 on April 16,...

OICCI proposes 5pc cap on withholding tax, calls for reforms

byCT Report
21/04/2026

KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) has proposed capping withholding tax rates at 5%, urging the...

Zong launches Pakistan’s first 5G facilitation Kiosk at Islamabad Airport

byCT Report
21/04/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has set a new industry benchmark by launching the country’s first dedicated 5G...

LHC allows Rs11.2b cost equalisation adjustment deduction for SNGPL in tax dispute

byCT Report
21/04/2026

LAHORE: The Lahore High Court has ruled that the Cost Equalisation Adjustment claimed by Sui Northern Gas Pipelines Limited qualifies...

Next Post

FBR taking stern action against companies submitting bogus statements  

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.