Federal Minister for Commerce Jam Kamal Khan chaired a high level meeting to address pressing issues in Pakistan’s export and business sectors.
The meeting focused on creating actionable solutions by directly engaging with stakeholders and relevant government bodies on matters periodically communicated by chambers of commerce, the Pakistan Business Council (PBC), the business community, and the Trade Development Authority of Pakistan (TDAP) to the ministry.
Key issues included liquidity challenges, high business costs, an expanded Export Facilitation Scheme (EFS), tax facilitation, industry status recognition, and better management of the Export Processing Zones Authority (EPZA). Participants also highlighted the lack of a regulatory body for shipping companies, tariff rationalization, infrastructure deficiencies, and security issues.
Exporters and business representatives voiced concerns, which were directed to pertinent departments for an immediate response, with feedback required within 24 hours.
Attendees included top exporters, business leaders, the Director General of the Special Investment Facilitation Council (SIFC), Maj. Gen. Tabassum Habib and various ministry representatives from the FBR, finance, industry, maritime and information technology sectors.
Matters and issues highlighted during the meeting were communicated to the respective departments with directions for action or feedback. The next meeting is schedule on 20 May.
