PM Shehbaz Directs Port Authorities to Reduce Cargo Dwell Time and Trade Costs
Prime Minister Shehbaz Sharif orders sweeping reforms at Pakistan’s ports, including reduced cargo dwell time, removal of unnecessary lab testing, lower port charges, and infrastructure upgrades to improve trade efficiency and economic growth.
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.