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 Commerce Ministry

MFN status: Ministry, NTC yet to make recommendations

byM Arshad
27/08/2014
in Commerce Ministry, Islamabad, Latest News
Share on FacebookShare on Twitter

You might also like

Diesel price cut by Rs134.81, petrol down Rs11.83

11/04/2026

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

11/04/2026

ISLAMABAD: The issue pertaining to recommendations on tariff barriers with India seems to have been in the doldrums because the National Tariff Commission (NTC) and Ministry of Commerce (MoC) declined having any information in this regard.
The Customs Today had explored last week that the Ministry of Commerce had sought suggestions from the National Tariff Commission (NTC) to safeguard measures, tariff and para tariffs, duties and subsidies for local industry, where deemed necessary, with regard to granting most favourite nation (MFN) status to India.
However, when this scribe approached the MoC to learn about its current stance on the issue, the officials concerned expressed their ignorance about any development in this regard.
On the other hand, the NTC, on its website, claims that all tariff related recommendations have been sent to the Ministry.
It is to be noted that as per the Commerce Ministry, NTC besides enforcing and implementing trade defence laws, is mandated to advise the Commerce Ministry on tariff measures or other forms of assistance for providing protection to indigenous industry.
Moreover, the Ministry of Commerce has constituted six committees with representation of public and private sectors: these committees include, Regional Trade Committee on Agriculture Sector, Regional Trade Committee on Pharmaceutical Sector, Regional Trade Committee on Auto Sector, Regional Trade Committee on Textile Sector, Wagah Trade Committee on Agriculture and Wagah Trade Committee.
Similarly, the Directorate of Agriculture has been established in NTC, with the objective to provide protection to local agriculture sector through prompt application of trade defence measures in case of injury or threat of injury due to any import surge from India.
A Trade Monitoring Cells in the Ministry of Commerce and TDAP, Lahore have also been established. The Commission has levied anti-dumping duty @ 10.94% for a period of five years on 13-02-2011 on dumped imports of phthalic anhydride imported from India. No countervailing duty has been imposed so far on any goods imported from India
It is pertinent to note here that there has been a gradual increase in bilateral trade between the two countries. However, Pakistan maintains Negative List of trade with India which contains 1,209 items.
The said items are banned for imports from India to protect the local industry. Pakistan has been demanding that the issue of Non-Tariff Barriers (NTB) be addressed to allow its exports to have adequate access to Indian market.
Moreover, both the sides, in a Commerce Ministers’ meeting held in New Delhi in January reached an understanding to normalize trade relations and provide Non-Discriminatory Market Access (NDMA) on reciprocal basis.
NDMA requires elimination of Negative List on Pakistan’s side and reduction of SAFTA Sensitive List from Indian side. The Joint Statement issued pursuant to this meeting is attached as Annex IL (c) Recent studies estimate the following benefits to accrue as a result of normalization of trade relations with India.

Tags: anti-dumping dutyCommerce MinistryCustoms Todaydeemed necessarydutiesIndiaIslamabad Regionlocal industrymost favourite nation (MFN)National Tariff Commission (NTC)newson-Discriminatory Market Access (NDMA)para tariffsPharmaceutical Sectorreciprocal basisRegional Trade Committee on Agriculture SectorRegional Trade Committee on Textile Sectorstatussubsidiestariff barriersTDAPtrade defence lawsTrade Monitoring CellsWagah Trade CommitteeWagah Trade Committee on Agriculture

Related Stories

Diesel price cut by Rs134.81, petrol down Rs11.83

byCT Report
11/04/2026

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

byCT Report
11/04/2026

LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...

Pakistan RDA inflows rise 11pc to $261m in March 2026

byCT Report
11/04/2026

KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...

Freight fares slashed by 40pc after cut in prices of petroleum products

byCT Report
11/04/2026

KARACHI: The Pakistan Goods Transport Alliance (PGTA) has announced a 40% decrease in freight fares following cut in prices of...

Next Post

Closing: KSE crashes down, tumbles 1,079 points in 3 days

  • 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.