BR100 Decreased By (-0.38%)
BR30 Decreased By (-0.46%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.52%)
AGHA 7.40 Decreased By ▼ -0.16 (-2.12%)
BECO 5.06 Decreased By ▼ -0.03 (-0.59%)
BML 56.43 Increased By ▲ 1.45 (2.64%)
BOP 32.64 Decreased By ▼ -0.34 (-1.03%)
CNERGY 10.29 Increased By ▲ 0.19 (1.88%)
CSIL 5.36 Increased By ▲ 0.23 (4.48%)
FCCL 51.74 Increased By ▲ 0.49 (0.96%)
FFL 16.49 Increased By ▲ 0.31 (1.92%)
FNEL 1.21 Increased By ▲ 0.02 (1.68%)
KEL 7.14 Increased By ▲ 0.08 (1.13%)
KOSM 6.05 Increased By ▲ 0.51 (9.21%)
LOTCHEM 26.81 Decreased By ▼ -2.31 (-7.93%)
MLCF 88.17 Decreased By ▼ -0.65 (-0.73%)
NBP 193.18 Decreased By ▼ -4.31 (-2.18%)
NCPL 55.31 Increased By ▲ 0.29 (0.53%)
NPL 64.65 Decreased By ▼ -0.23 (-0.35%)
OGDC 310.38 Decreased By ▼ -1.57 (-0.5%)
PACE 10.38 Increased By ▲ 0.17 (1.67%)
PAEL 40.85 Decreased By ▼ -0.14 (-0.34%)
PIBTL 15.85 Decreased By ▼ -0.11 (-0.69%)
PPL 211.10 Decreased By ▼ -1.56 (-0.73%)
PRL 53.14 Increased By ▲ 0.60 (1.14%)
PTC 68.07 Decreased By ▼ -1.01 (-1.46%)
SSGC 24.85 Decreased By ▼ -0.25 (-1%)
TBL 9.50 Decreased By ▼ -0.12 (-1.25%)
TELE 8.29 Decreased By ▼ -0.03 (-0.36%)
TPL 18.29 Increased By ▲ 0.54 (3.04%)
TPLP 12.97 Decreased By ▼ -0.25 (-1.89%)
TREET 21.43 Decreased By ▼ -0.31 (-1.43%)
TRG 58.97 Increased By ▲ 2.08 (3.66%)
Business & Finance

PM orders full digitalisation of National Tariff Commission

  • Reviews meeting on ongoing reform measures to make the performance of the National Tariff Commission more effective and aligned with international standards
Published Updated

Prime Minister Shehbaz Sharif directed on Tuesday that all operational functions of the National Tariff Commission (NTC) should be fully digitalised to ensure transparency and quality.

A review meeting on ongoing reform measures to make the performance of the NTC more effective and aligned with international standards was held in Islamabad under the chairmanship of PM Shehbaz, said the Prime Minister’s Office (PMO) in a press release today.

During the meeting, the chairman of NTC briefed participants on the legal, administrative, and financial reforms underway in the institution under the roadmap approved by the PM.

The premier said that after the institutional restructuring of the commission, its effective performance was essential for increasing domestic industry and investment.

READ MORE: Govt decides to revamp National Tariff Commission

“The prime minister directed that the legal and administrative issues of the NTC should be resolved under a comprehensive strategy in the context of promoting industry, trade, and investment,” the PMO said.

He also emphasised that the NTC should ensure facilitation for investors and industrialists and take special measures to protect them from legal and other complexities.

The premier directed that the best international practices should be reviewed to align the institution’s restructuring and performance with global standards.

National Tariff Commission, established under the National Tariff Commission Act, 2015, is Pakistan’s statutory trade remedies authority mandated to conduct quasi-judicial investigations into dumping, subsidised imports, and sudden surges in imports that injure the domestic industry.

Comments

200 characters remaining