National Assembly Committee Reviews Export Decline, Rice Sector Support, and Regional Trade Challenges
The National Assembly Standing Committee on Commerce has called for detailed briefings from key ministries and the State Bank of Pakistan to address stagnant exports, rice sector decline, and regional trade issues while endorsing targeted support measures.
Pakistan Extends Rs61 Billion in Tax Exemptions Under Trade Agreements to Boost Regional Commerce
Pakistan granted Rs61 billion in tax exemptions during FY2023–24 under various Free Trade and Preferential Trade Agreements, primarily benefiting imports from China, Malaysia, Indonesia, and Sri Lanka. The move aims to enhance trade competitiveness and regional integration, though experts caution that growing exemptions warrant stronger fiscal oversight.