Overview
- The minister and Pakistan Business Council leaders, who met Friday, reviewed tariff rationalisation, export sustainability, and industry costs.
- Industrial representatives said across-the-board duty cuts would hurt factories, shrink government revenue, and chill new investment.
- Participants urged officials to separate true manufacturers that export from traders who import finished or near-finished goods with little local value added.
- Jam Kamal Khan said newer industries need time, infrastructure, and policy stability to compete globally, and he pledged continued consultations and responsive decisions.
- The group examined enforcement gaps that let undocumented importers undercut compliant firms and weighed anti-dumping duties, which add tariffs to underpriced imports, alongside high costs in petrochemicals, plastics, polyester, and SMEs.