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Is New Law a Threat to Another Cargo Chaos?

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23 Sep 2015
By admin
International-Maritime-Organisation

Industry fears, law on container weight verification could bring cargo chaos   Delivery services, freight forwarders, and vessel stations immediately want to start considerations over the facts of carrying out the new negotiations of the International Maritime Organization (IMO) on vessel weights. That was one of the main decision of International Cargo Handling Coordination Association […]

Used Imported Cars are killing Local Automotive Industry  

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25 May 2015
By admin
imported used cars

A study published by Pitad Pakistan says, imported used vehicles are killing Pakistan’s local car industry and there is a serious need to make long-term policies to save the local industry.   The Pakistan Institute of Trade and Development (Pitad) has published a study on the situation of local car industry in Pakistan. In the […]

IOCO Puts a Halt on Duty Drawback Rates Till Budget 2015-2016

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24 Apr 2015
By admin
temporarily stops

Input Output Co-efficient Organization temporarily stops determining the drawbacks of regulatory duties on trade till the budget 2015-2016   Federal Board of Revenue of Pakistan (FBR) has sent a request to the authorities at Input Output Co-efficient Organisation (IOCO) to temporarily halt the process of determining the drawbacks of increase in regulatory duties on exports […]

Regulatory Duty is Likely to Be Increased on Hot Rolled Products

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11 Apr 2015
By admin

A proposed 15 percent regulatory duty on hot-rolled steel imports in Pakistan is likely to get approved   Pakistan’s Federal Board of Revenue (FBR) has sanctioned a proposal of Ministry of Production and Industries to increase the regulatory duty on imports of hot-rolled steel products and pipes. However, the Ministry has also suggested a fix […]

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