Staff Reporter
Karachi
A meeting was held on Thursday via video-link by the Advisor to Prime Minister for Commerce Mr. Abdul Razzak Dawood, with presidents of various chambers of commerce including Karachi, Lahore, Faisalabad and Gujran wala to discuss and elicit views of the stake holders regarding initiative of the Tariff Rationalization Board to review and reform the tariff structure of various industrial raw materials imported by various sectors and to rationalize the same in order to support the industrial sectors and stimulate growth.
KCCI was represented in the meeting by President Agha Shahab Ahmed Khan and Former Senior Vice President Ibrahim Kasumbi, to provide input and suggestions for tariff rationalization to the Advisor to PM for Commerce.
Briefing the participants of the meeting, Mr. Abdul Razzak Dawood said that the government is aiming to reduce and if necessary phase out Additional Customs Duty and Regulatory Duty on those raw materials which are not produced in Pakistan.
