ISLAMABAD: A meeting was held to make proposals for trade facilitation for the Budget 2015 and to discuss strategies for the Strategic Trade Policy Framework (STPF) III which will be announced after the budget this year.
The meeting was chaired by the Minister for Commerce, Engr. Khurram Dastgir Khan. The Commerce Ministry will propose amendments in the Foreign Exchange Manual of State Bank of Pakistan which is in place since decades and is not providing complete facilitation to the exporters in the modern trade and investment system, it was decided.
The ministry will also propose a revision in the trade-related SROs so as to provide maximum facilitation to the exporters, the meeting decided. Dastagir said that the trade facilitation measures proposed in the budget will be followed by detailed implementation mechanism so that traders may receive benefits from those measures instantly. He said that the MoC is proposing measures to liberalise Pakistan’s trade and investment regime which will have fruitful impact on the economy of the country.
