Karachi, May 16, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for wide-ranging customs reforms aimed at curbing smuggling and strengthening Pakistan’s trade integrity.
In its proposals for the 2025–26 federal budget, the OICCI emphasized that enhancing customs operations is critical to promoting transparency and protecting legitimate businesses.
The OICCI is one of Pakistan’s oldest and most influential business chambers, representing the interests of foreign investors and multinational companies operating in the country.
A central recommendation by OICCI involves transforming import and export data into a form of controlled public property. According to the Chamber, transparent access to such data—under strict protocols—will enable better implementation of Section 25A of the Customs Act, 1969, which deals with the government’s right to take over imported goods at declared values.
The OICCI further urged the government to aggressively pursue customs information-sharing agreements with more countries. While Pakistan currently has Memorandums of Understanding (MoUs) for data exchange with China and Iran, OICCI noted that major exporting nations still lack online integration with Pakistan’s customs systems. The recent Customs Mutual Assistance Agreement signed between Pakistan and Afghanistan was cited as a positive step in fighting illicit trade through better cooperation.
To combat the growing menace of illegal goods, OICCI proposed the establishment of a specialized customs task force empowered to raid warehouses, retailers, and manufacturers dealing in illicit or counterfeit items. It also recommended stricter penalties, including criminal liability, across all levels of the supply chain.
Modernizing customs valuation procedures was another key point. The OICCI suggested incorporating online search tools, global and regional price comparisons, and involving legal brand owners to improve accuracy and reduce manipulation in declared values.
The Chamber also stressed the importance of protecting brand integrity by blocking unauthorized imports of counterfeit goods through a brand registration mechanism managed by customs in partnership with trademark holders.
By utilizing electronic data interchange, third-country invoice matching, and big data analytics, the OICCI believes customs authorities can better profile importers and focus enforcement on high-risk shipments. This would minimize delays for legitimate businesses and significantly reduce the avenues for smuggling and tax evasion, creating a more transparent and investor-friendly trade environment in Pakistan.