{"id":10038,"date":"2024-04-05T00:28:05","date_gmt":"2024-04-05T00:28:05","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=10038"},"modified":"2024-04-05T00:28:05","modified_gmt":"2024-04-05T00:28:05","slug":"streamlining-tariff-structures-to-reduce-costs-for-domestic-industries-kamal","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=10038","title":{"rendered":"Streamlining tariff structures to reduce costs for domestic industries, Kamal"},"content":{"rendered":"\n
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Ministry of Commerce Hosts Pre-Budget Seminar to Promote Trade Competitiveness and Economic Growth<\/p>\n\n\n\n

Islamabad,  :  Ministry of Commerce organized a Pre-Budget Seminar in Islamabad, focusing on tariff rationalization and its implications for trade competitiveness and economic growth.<\/p>\n\n\n\n

Addressing the audience, the Federal Minister for Commerce, Mr. Jam Kamal Khan underscored the significance of tariff rationalization in enhancing trade competitiveness and fostering economic growth.<\/p>\n\n\n\n

He emphasized the Ministry of Commerce’s commitment to simplifying and streamlining tariff structures to reduce costs for domestic industries, boost exports, and attract foreign investment.<\/p>\n\n\n\n

Minister Kamal reiterated the government’s dedication to supporting the business community and highlighted key priorities including boosting exports, combating smuggling, and curbing tax evasion.<\/p>\n\n\n\n

Minister Kamal also praised the growth of Pakistan’s textile industry and recognized opportunities in the evolving global landscape, reaffirming the government’s commitment to driving Pakistan towards a more dynamic economic future.<\/p>\n\n\n\n

The Secretary Commerce, Saleh Ahmad Farooqui, highlighted that the seminar provided a platform for stakeholders to engage in meaningful discourse on tariff rationalization’s benefits and implications.<\/p>\n\n\n\n

He emphasized the importance of stakeholders gaining insights into tariff rationalization initiatives and providing inputs to aid strategic changes to the existing tariff structure.<\/p>\n\n\n\n

Every year, the Tariff Wing at the Ministry of Commerce invites budget proposals from stakeholders across the country.<\/p>\n\n\n\n

Through the Pre-Budget Seminar, participants learned how to provide feedback and recommendations to policymakers on tariff structure and rationalization measures.<\/p>\n\n\n\n

The seminar attracted representatives from key chambers of commerce and industry, product associations, and sector specialists from all over Pakistan.<\/p>\n\n\n\n

Distinguished speakers from the Ministry of Commerce, industry experts, and representatives from trade associations and chambers of commerce presented various budget proposals during the sessions.<\/p>\n\n\n\n

In conclusion, Minister Kamal thanked all participants for their keen participation and expressed hope for continued fruitful engagement in the future.<\/p>\n\n\n\n

Overall, the Pre-Budget Seminar served as a platform to create awareness about tariff rationalization among trade bodies, associations, exporters, and public sector stakeholders, facilitating dialogue and collaboration towards promoting trade competitiveness and economic growth in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ministry of Commerce Hosts Pre-Budget Seminar to Promote Trade Competitiveness and Economic Growth Islamabad,  :  Ministry of Commerce organized a Pre-Budget Seminar in Islamabad, focusing on tariff rationalization and its… <\/p>\n","protected":false},"author":8,"featured_media":10039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[232,231,492],"class_list":["post-10038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-federal-minister-for-commerce","tag-ministry-of-commerce-pakistan","tag-pakistan-chambers-of-commerce-industry-fpcci"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/10038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10038"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/10038\/revisions"}],"predecessor-version":[{"id":10040,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/10038\/revisions\/10040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/10039"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}