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Tag Archives: Commerce Ministry

Pak-India trade talks in July: Khurram Dastgir

LAHORE: Commerce Minister Khuram Dastgir has said that he will meet his Indian counterpart in July to discuss bilateral trade between the two countries. “I will be meeting Indian State Minister for Commerce and Industry Nirmala Sitharaman in July,” a source quoted Dastgir as saying. The meeting between Sitharaman and Dastgir will take place on the sidelines of SAFTA Ministerial ... Read More »

Pak, EU agree to strengthen bilateral trade ties

ISLAMABAD: Pakistan and European Union agreed on a comprehensive economic partnership, with a focus on increasing the volume of bilateral trade. This understanding was reached in the fifth meeting of the EU-Pakistan Joint Commission, which was held here in Islamabad. The next meeting will be held in Brussels in 2015 with a focus to make further progress on economic partnership. ... Read More »

Dastgir reviews implementation on conventions under GSP Plus

ISLAMABAD: Commerce Minister Engr Khurram Dastgir Khan said that the government has been extending coordination with representatives of all federating units to appoint focal persons for treaty implementation, amend existing laws and promulgate new ones to bring them in accordance with the international conventions Pakistan has to comply with under GSP Plus. He said this while chairing a meeting of ... Read More »

Reforms in TDAP underway to boost exports: Khurram Dastgir

ISLAMABAD: Reforms in the Trade Development Authority of Pakistan are underway to enhance exports of the country. A working committee has been formed headed by Commerce Secretary to rectify all kinds of matters in TDAP. Federal Commerce Minister Khurram Dastgir said this during a meeting with Commerce Secretary Arbab Shahzad, TDAP Chief Executive Officer SM Muneer and TDAP Secretary Rabia ... Read More »

LPA, land ports in the making to boost trade: Dastgir

ISLAMABAD: A Land Port Authority (LPA) will be established to facilitate the promotion of trade through land routes with all regional countries including India while modern infrastructure will be developed at Chaman, Torkham and Wagah check-points to boost trade. Moreover, land ports will also be established at Taftan and Monabao-Khokhropar to channelize regional trade. This was declared by Federal Commerce ... Read More »

Govt mulling over issuance of SRO for relieving non-taxpayers

KARACHI: Federal Government is mulling over to issue a Statutory Regulatory Order (SRO) by the end of fiscal year 2013-14 offering provision of amnesty for non-taxpayers in order to pay their legal duty/taxes without paying the fine/penalty and redemption on their confiscated goods with Pakistan Customs. Sources in FBR informed Customs Today that the federal government is going to announce ... Read More »

Pakistan pays due importance to Eastern Europe: Khurram Dastgir

ISLAMABAD: Pakistan is pursuing a policy to enhance trade and investment by focusing on Eastern and Central Europe in addition to the traditional Western European markets, said the Commerce Minister Khurram Dastgir during his meeting with Miroslav Lajčák, Deputy Prime Minister and Minister of Foreign & European Affairs of the Slovak Republic. Dastgir appreciated Slovak support for Pakistan in obtaining ... Read More »

Another vehicle imported on fake MoC letter recovered

KARACHI: Model Customs Collectorate of Appraisement-West has recovered another vehicle, Mercedes Benz C-200, Model 2008, imported on fake letter of Ministry of Commerce (MoC). Appraising Officer Muhammad Naeem Khan informed Customs Today that the Appraisement of Intelligence Bureau (AIB)/PRV Section of MCC Appraisement-West has recovered Mercedes Benz C-200, Model 2008 which makes the total of confiscated vehicles up to four, ... Read More »

Fresh initiatives to be taken to boost economy: Khurram Dastgir

ISLAMABAD: Pakistan will undertake fresh trade initiatives with its regional and international trading partners to promote trade and boost economic growth in the country. Federal Commerce Minister Khurram Dastgir Khan said this in a meeting with officers of the commerce ministry academics and experts. The meeting was held to discuss the strategies for doubling Pakistani exports in the next few ... Read More »

Tuesday june 03 monday june 09, 2014

Customs Today Newspaper

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Pak can cope with Indian market’s size thru export potential: Dastgir

HYDERABAD: Regional markets including India offer huge opportunities and can help Pakistan boost its exports, said Commerce Minister Khurram Dastgir Khan on Thursday. Addressing a gathering of growers arranged by Sindh Abadgar Board (SAB), the minister said there was no need to be fearful of Indian market’s size as Pakistan has huge export potential. “We shouldn’t be apprehensive of India’s ... Read More »

Another vehicle imported on fake MoC letter confiscated

KARACHI: The Appraisement of Intelligence Bureau (AIB) of Model Customs Collectorate of Appraisement-West has recovered a Mercedes Benz C-200, Model 2008; one of the vehicles imported on fake letter of Ministry of Commerce. The Appraising Officer, Muhammad Naeem Khan informed Customs Today that the AIB/PRV Section of the Collectorate has recovered a Mercedes Benz C-200, Model 2008 which makes the ... Read More »

Dastgir hints at 24/7 functioning of Sust check post

ISLAMABAD: Commerce Minister Khurram Dastgir has expressed government’s aspiration for 24/7 trade at Pak-China border. While talking to a delegation of Gilgit Baltistan Chambers of Commerce and Industry, which called on the Minister to express their concerns over border management at the Pak-China border, he recognised the fact that current closure of border routes on weekends is not favourable for ... Read More »

Customs swings into action against vehicle import on fake MoC documents

KARACHI: MCC Appraisement-West has withheld two out of seven vehicles imported on fake permission letter of Ministry of Commerce while Collector of MCC Appraisement-West Muhammad Saleem has pledged firm commitment and determination to unveil the real culprits behind the illegal importation of vehicles on fake documents. Collector Saleem informed Customs Today that two vehicles among seven have been confiscated by ... Read More »

Dastgir’s quest for US grant of GSP shows positive signs

WASHINGTON DC: In a briefing to US media Pakistan’s Commerce Minister Khurram Dastgir has said that Pakistan qualified for EU’s grant of GSP Plus “on merit and we want the same arrangement with the US, also on merit.” The commerce minister said, “The US government is keen to help us and we have sympathisers on the Capitol Hill as well.” ... Read More »

TDAP to patronize agro-food sector on priority

ISLAMABAD: Trading Corporation of Pakistan (TDAP), Agro Food Division has been geared up by Chief Executive SM Muneer and Secretary Rabiya Javeri Agha in order to give greater focus on the export of Agro-Food sector including fruits, rice, meat and seafood products. “These products are being promoted by the Agro Food Division by arranging participation of exporters in the world ... Read More »

Dastgir arrives in US to hold trade talks

ISLAMABAD: Commerce Minister Khurram Dastgir has arrived at Washington DC to attend a meeting on Trade and Investment Framework Agreement from 13-15 May 2014. Prime Minister Nawaz Sharif and US President Barack Obama during their meeting held in October, 2013, resolved to resume discussions on trade and investment through the agreement. Dastgir will meet US Trade Representative Michael Forman in ... Read More »

Govt to get strict on illegitimate edibles

ISLAMABAD: Federal Commerce Khurram Dastgir has told the National Assembly that the government is drafting a law to restrict import of Haram edible ingredients into Pakistan which shall be promulgated within the current year. While addressing the Parliament the minister said the Ministry of Science and Technology, Ministry of National Food and Security and Ministry of Commerce are jointly crafting ... Read More »

Tuesday April 29 -Monday May 05, 2014

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EDF to be utilized only for viable projects: Dastgir

ISLAMABAD: Federal Commerce Minister Khurram Dastgir has stressed that the money collected under the Export Development Fund (EDF) should be used only to support the commercially viable projects and strict checks and balances would be put in place to monitor the allocation, disbursement and utilization of the fund. The minister said this while chairing the 65th meeting of the Board ... Read More »