PAKISTAN

PAKISTAN: First Phase of Trade Single Window Officially Launched

26 July 2022

Pakistan launched the initial phase of the Pakistan Single Window (PSW) on 30 June 2022, to facilitate trade and lower the cost of doing business. More

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PAKISTAN: Ban on Import of Raw Materials, Pet Food and Energy Savers Lifted

23 June 2022

Pakistan has withdrawn its 19 May 2022 import ban on certain goods. More

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PAKISTAN: Import of Non-Essential Luxury Goods Banned

09 June 2022

Imports of a wide range of non-essential luxury goods have been banned by the Pakistani government. More

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PAKISTAN: Anti-dumping Duties on Polyester Filament Yarn to be lifted in August

16 May 2022

Pakistan has announced the lifting of anti-dumping duties on polyester filament yarn (PFY) imports from China and Malaysia, starting 25 August this year. More

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PAKISTAN: Incentives Package for IT Sector, Freelancers Approved

15 March 2022

Pakistan has announced a number of incentives for businesses, investors and freelancers in information technology/information technology enabled services (IT/ITES), according to the country’s Ministry of Information Technology and Telecommunication’s 22 February 2022 statement. More

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PAKISTAN: Anti-Dumping Levies on Steel Imports Extended to Five Years

02 March 2022

Pakistan’s National Tariff Commission (NTC) announced in circular A.D.C No. 60/2021/NTC/CRC, dated 3 February 2022, that it has extended temporary anti-dumping duties on various imported flat steel products from the European Union, South Korea, Taiwan and Vietnam for five years. More

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Post-Covid Prospects: Pakistan

27 October 2021

David Sit, Assistant Principal Economist (Asian and Emerging Markets) at HKTDC, talked to Pakistan’s Consul General in Hong Kong, Bilal Ahmad Butt, about how Pakistan weathered the Covid-19 pandemic, the economic outlook for the country, and the opportunities available for Hong Kong businesses in Pakistan in the post-Covid-19 era. More

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PAKISTAN: GSP+ Status Retained But Added Requirements Loom

07 October 2021

The European Commission (EC) has confirmed that Pakistan’s Generalised Scheme of Preferences Plus (GSP+) status will remain in place until the end of 2023. More

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PAKISTAN: Mandatory Price Control Introduced for 50 Commodities

17 September 2021

The price of 50 commodities is to be fixed at specified level in line with a new directive issued to the country’s Controller General of Prices and Supplies by the Ministry of Industries and Production under the terms of the Price Control and Prevention of Profiteering and Hoarding Order (2021). More

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PAKISTAN: Cross-Border Commercial Payment Procedures Streamlined

26 August 2021

In a bid to simplify the cross-border commercial payment process, the State Bank of Pakistan (SBP) has amended a number of the provisions of the country’s Foreign Exchange Manual. More

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