President Asif Ali Zardari has approved the Anti-Dumping Duties Amendment Bill 2025.
“Following his approval, the duties will be effective from July 1, 2020.
The bill was sent to the President after being adopted by the National Assembly and Senate,” the President Secretariat’s Press Wing said in a statement on Sunday.
The primary aim of the amendment is to provide legal clarity regarding the imposition of anti-dumping duties on projects funded through Chinese grants.
The decision to bring forward this amendment was made during a progress review meeting on Gwadar projects held in October 2022.
Authorities agreed that clarification was crucial to streamline trade and duty policies linked to grant-funded infrastructure initiatives, particularly those connected to the China-Pakistan Economic Corridor (CPEC).
Anti-dumping duty is a tariff imposed by the National Tariff Commission (NTC) to protect domestic industries from unfair competition caused by dumped imports in Pakistan.
Dumping occurs when foreign companies sell products at below fair value, causing injury to Pakistan’s local manufacturers. Recent actions include a 40.47% duty on Galvalume steel from China to prevent circumvention of previous anti-dumping duties on galvanised steel.—NNI
