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Tag Archives: Preferential Trade Agreement (PTA)

New policy to appoint staff at trade missions abroad from next year: Dastgir

ISLAMABAD: New policy for the appointment of officers as commercial counsellors, commercial attachés and others at Pakistani trade missions abroad is likely to be implemented next year. “A complete new badge of officers at Pakistani Trade Missions will be sent and all the sitting officers will be called back by the Ministry of Commerce,” said Minister for Commerce Khurram Dastgir ... Read More »

Pakistan proposes trade agreements with Russia

ISLAMABAD: The federal government has formed a committee headed by Finance Minister Ishaq Dar to address the concerns of exporters regarding lack of coordination with Russian Customs authorities. The government has also proposed the Russian Federation to ink Preferential Trade Agreement (PTA) and Free Trade Agreement (FTA) with Pakistan Customs, however, Russian Customs decided to respond after consultation with all stakeholders ... Read More »

FBR reservations: Govt undertakes revision of FTAs, PTAs

ISLAMABAD: The Federal government has decided to reconsider the status of all standing Free Trade Agreements (FTA) and Preferential Trade Agreements (PTA) signed with different countries including China. Currently FTA-2 with China is also under consideration. As per details, the government has taken the decision following the Federal Board of Revenue reservations regarding all these agreements. The board has pinpointed ... Read More »

FTA/PTA certificates mandatory for claiming exemption from customs duty

KARACHI: The Collector of Model Customs Collectorate of Appraisement-East, Najeebur Rehman Abbasi has made it mandatory for all importers and clearing agents to submit original Free Trade Agreement (FTA)/ Preferential Trade Agreement (PTA) certificates at dedicated FTA counter of the Collectorate within three days from the date of release of the consignments in those cases where Goods Declaration under FTA/PTA ... Read More »