Jun 29

FBR grants Rs45 billion customs duty exemption under free trade agreements

KARACHI: Federal Board of Revenue (FBR) has granted an amount Rs45 billion as cost of customs duty exemption and concession of customs duty on imports under free and preferential trade agreements. According to official data of exemption and concessions against imports under Free trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) during fiscal year 2019/2020 […]

by Anjum Shah

New concessional list should be considered under Pakistan, Malaysia FTA

KARACHI: Consul General of Malaysia Khairul Nazran Abd Rahman has said that Malaysia and Pakistan need to agree upon on a new concessional list under the existing Free Trade Agreement (FTA). Large number of requests have been received from different segments for addition of numerous items in the FTA list in which Pakistani Basmati rice […]

by Anjum Shah

Regulatory Duty imposition affects Pak-Sri Lanka trade

KARACHI: Consul General of Sri Lanka G. L. Gnanatheva, while highlighting some the obstacles in way of smooth trade between Pakistan and Sri Lanka, particularly mentioned that the imposition of Regulatory Duties by Pakistani authorities have terribly affected Sri Lankan exports to Pakistan. “Because of overnight imposition of RDs, Sri Lankan exporters are not interested […]

by Anjum Shah