ECC decides on rationalizing imports and exports – Alfalah Securities Limited

Karachi: Economic Co-ordination Committee (ECC) of the Cabinet has agreed to the proposal that non-tariff measures, including import licensing, will not be used to control imports and exports while specific duties will also not be applied.

According to Alfalah Securities, it has also been agreed that import tariffs would be kept low and uniform and to further bring all tariffs down. The tariff on individual products would be the same for all importers and trader importers making the working more transparent and open. The steps would be taken to improve the efficiency of the cross border trades.

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