Government Proposes Amendments to PERA Act to Strengthen Foreign Investment Protections
The government is planning significant amendments to the Protection of Economic Reform Act (PERA) 1992, aiming to provide robust protection for foreign exchange remitted from abroad when invested in Pakistan’s industrial sector. The proposed changes are part of the draft Industrial Policy, which
ECC Approves Commerce Ministry’s Steel Sector Strategy to Strengthen Export Competitiveness
A meeting of the Economic Coordination Committee (ECC) of the Cabinet under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb Friday reviewed and endorsed a report presented by the Ministry of Commerce on industrial competitiveness and export-led growth of
FBR Imposes Up to Rs. 500,000 Security On Shipping Agents
The Federal Board of Revenue (FBR) has directed new freight forwarders to deposit a sum of Rs. 200,000 as a security deposit for operating in one customs station and Rs. 500,000 as a security deposit for operating in more than one customs station,
China and Pakistan Sign New MoUs to Strengthen Agricultural Trade and Technology Cooperation Under CPEC
The China-Pakistan High-Quality Agricultural Cooperation Development Forum was held in Islamabad on Thursday. Hosted by the China Chamber of Commerce in Pakistan (CCCPK), the forum aimed to strengthen agricultural industrial cooperation between China and Pakistan and promote agricultural modernization under the CPEC framework.
