KARACHI: Federal Government is working on inducing a new export scheme/policy for expediting the exports and ensuring facilitation to the exporters.
FBR sources informed Customs Today that the draft is being prepared regarding the introduction of new export policy, which is to be presented before the Parliament for approval before July 1, 2014.
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Sources told this scribe that the DTRE, manufacturing bond and temporary import schemes are to be combined and made a single scheme to ensure facilitation to the exporters.
They further informed that the Input-Output Co-efficient Organization (IOCO) has already recommended the federal government in its budget proposals to introduce a combined export policy for facilitating the exporters.
It is pertinent to mention here that the Chief Executive Officer (CEO) of Trade Development Authority of Pakistan (TDAP), S M Muneer has shown his determination to enhance the exports of the country at $ 50 million dollar by the end of 2017.
