Major tariff relief announced for pharmaceutical, logistics and construction sectors
Key takeaways
- Prime Minister Shehbaz Sharif on Thursday directed the relevant authorities to ensure the effective implementation of the tariff policy and modernize tariff-related institutions to improve the business environment.
- He emphasized that an active and transparent National Tariff Commission was essential for promoting industry, trade and investment.
- The meeting was informed that duties on reefer containers and semi-trailers would be abolished to support the logistics sector and improve supply chain efficiency.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The federal government has decided to provide significant tariff relief to the pharmaceutical, logistics and construction sectors under the National Tariff Policy (NTP) 2025-30, aimed at boosting investment, trade and industrial growth.
Prime Minister Shehbaz Sharif on Thursday directed the relevant authorities to ensure the effective implementation of the tariff policy and modernize tariff-related institutions to improve the business environment.
Chairing a high-level meeting on economic growth and the implementation of the National Tariff Policy 2025-30, the prime minister said export-led development remained the government’s top economic priority, according to a statement issued by the Prime Minister’s Office.