Import from India: Ministry asks traders to identify negative items

ISLAMABAD: Ministry of Commerce is in process of switching trade arrangements with India from existing “Positive list” to “Negative list” of importable items from India in pursuance of the agreements reached during the Commerce Secretary Level talks on Economic and Commercial Cooperation between Pakistan and India held in April 2011.

According to a press release, Ministry of Commerce has already requested all the Chambers of Commerce & Industry and sectoral Trade Associations to identify importable items from India to be included in the “Negative list”.

Since it is a time bound exercise to be completed by October 15, 2011, all the stakeholders are requested to furnish their recommendations along with justification for inclusion of the importable items from India in negative list either through respective Chamber of Commerce & Industry / Trade Association or directly to the Joint Secretary (FT.III), Room No.440, Block-A, Pakistan Secretariat, Ministry of Commerce, Islamabad by 15 of October, 2011.

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