• Latest

Strict action promised against dumping as NTC chief backs tariff reforms to protect local industry

May 3, 2026

LCCI Leadership Insight: Dr Shahzad Mehmood calls for business-friendly policies and fair enforcement

October 18, 2026

Pakistan’s rice sector explores carbon finance through climate-smart farming

October 18, 2026

Lahore Blues qualify for U-19 Championship quarterfinals with nine-wicket win

October 18, 2026

National kickboxing championship to be held in Lahore from Nov 13

October 18, 2026

Punjab inter-school and inter-college games to begin on Nov 3

October 18, 2026

Suspect in cheque dishonour case dies after being taken to hospital in Lahore

October 18, 2026

‘One medal-less event cannot end Pakistan’s kabaddi legacy,’ says Ramadan Ghuman

October 18, 2026

One in three Pakistani adults faces mental health disorder, national study finds

October 18, 2026

Importers urged to avail pre-arrival GD facility; Customs assures trade facilitation and addressing business concerns

October 18, 2026

Karsaz Tragedy — The historic return of Shaheed Mohtarma Benazir Bhutto and  immortal sacrifices of jiyalas 

October 18, 2026

Lahore police arrest suspect within 24 hours in Badami Bagh beheading case

October 18, 2026

After twenty years of service, is this the reward? 

October 17, 2026
The Tribune International
Monday, October 19, 2026
  • Login
No Result
View All Result
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest
No Result
View All Result
The Tribune International
No Result
View All Result
Home Business

Strict action promised against dumping as NTC chief backs tariff reforms to protect local industry

NTC Chairman Dr. Jawwad Uwais Agha vows strict action against dumping and unfair trade, while LCCI highlights tariff reforms as key to protecting local industry and boosting competitiveness.

6 months ago
in Business
Reading Time: 2 mins read
A A
0

By Commerce Reporter

LAHORE — Chairman, National Tariff Commission (NTC), Dr. Jawwad Uwais Agha, said that the Commission is fully open to industrialists and the business community, and every case will be reviewed personally and decided quickly on merit to protect local industry from unfair international competition. He said that under the Prime Minister’s vision, the Commission has expanded its outreach, and instead of formal letters, industries will now be given quick relief through direct contact. He added that domestic industry will be fully protected through anti-dumping, countervailing, and safeguard measures.

Read also: Export surplus sugar to cut trade deficit, says LCCI president

He was addressing a meeting at the Lahore Chamber of Commerce and Industry. LCCI President Faheem ur Rehman Saigol welcomed the distinguished guest. Vice President Khurram Lodhi, Executive Committee members Rana Nisar, Amir Ali, Syed Hassan Raza, Ehtisham Ul Haq, Shouban Akhtar, and Ahad Ameen Malik, along with representatives of various associations and a large number of business community members, were present.

In his address, LCCI President Faheem Ur Rehman Saigol said that the National Tariff Commission is playing a key role in protecting local industry, and the business community appreciates its efforts. He said that if National Tariff Policy implemented effectively, it can become a game changer for Pakistan’s industry. However, he warned that the lack of clear distinction between raw materials, intermediate goods, and finished goods is creating distortions in the tariff structure, which need immediate correction.

Faheem Ur Rehman Saigol proposed a sector-wise approach, balanced duty structure, and zero duty on raw materials that are not available locally, so that production costs can be reduced and industries can become more competitive. He also expressed concerns over FTAs and PTAs, saying that in the past, local industry suffered losses, so consultation with stakeholders in future agreements is essential.

He further said that a comprehensive and balanced tariff system is necessary to promote local industry, reduce import dependence, and increase value addition in Pakistan. He stressed that local raw materials should be given proper protection and ambiguities in PCT codes should be removed to prevent misuse between raw materials and finished goods.

Faheem Ur Rehman Saigol said that a large consumer market like Pakistan, with a population of 250 million, should not be turned into just an import market, but should be developed into a hub for local industry and manufacturing. He added that while forming tariff policy, a balanced approach is needed between consumer interests, protection of local industry, and international competition.

Chairman NTC Dr. Jawwad Uwais Agha further said that the main objective of the Commission is to promote fair competition in the country, where neither local industry suffers unfair losses nor anyone gets unnecessary advantage. He said that if any country harms Pakistani industry through dumping or subsidies, the Commission takes immediate action to protect local manufacturers.

He added that the National Tariff Commission is being rapidly digitalized to ensure quick processing of applications and to avoid unnecessary delays for the business community. Decisions are made within the timelines set by the World Trade Organization, but efforts are being made to resolve cases in the shortest possible time to provide timely relief to industry.

Dr. Jawwad Uwais Agha said that the Commission is not only addressing current issues but also researching future tariff trends. Training programs and seminars will also be organized to guide industrialists. He emphasized the need to focus on SMEs and cottage industry, as these sectors can play an important role in boosting exports, and the government is committed to export-led growth and value addition.

Tags: [:en]LccI[:]Anti-DumpingDr. Jawwad Uwais AghaexportsFaheem ur Rehman SaigolimportsIndustrial Growthlocal industryNational Tariff CommissionPakistanSMEsTariff PolicyTrade PolicyWTO
Previous Post

Pak International Business Forum hails Pakistan-Iran transit trade move as boost to regional connectivity

Next Post

Gamophobia: Word of the day

Related Posts

Business

Pakistan’s rice sector explores carbon finance through climate-smart farming

October 18, 2026

By Our Correspondent  GUJRANWALA: Pakistan’s rice sector is exploring opportunities to conserve irrigation water, reduce greenhouse gas emissions and access...

FBR & Customs

Importers urged to avail pre-arrival GD facility; Customs assures trade facilitation and addressing business concerns

October 18, 2026

By Commerce Reporter LAHORE – President of the Lahore Chamber of Commerce and Industry Ali Hussam Asghar has urged the...

Business

High electricity costs, heavy taxes threaten Lahore’s industrial sector, says Ramiz Dewan

October 17, 2026

By Commerce Reporter LAHORE: High electricity prices and what he described as excessive taxation are putting Lahore’s industrial sector under...

Next Post

Gamophobia: Word of the day

File photo

War impact or policy shift? Why fuel is so expensive in Pakistan now

Aaron Hardie’s all-round brilliance powers Peshawar Zalmi to second PSL title

Empowering your financial journey 7 powerful lessons introverts can learn from Warren Buffett

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Newest
Oldest Most Voted
  • About Us
  • Blog
  • Blog
  • Checkout
  • Contact Us
  • Disclaimer
  • Home
  • My account
  • Privacy Policy
  • Terms and Conditions
  • 📰 Advertise With Us
Reach us: THETRIBUNEINTL@GMAIL.COM Disclaimer: Tribune International is an independent platform, not affiliated with any other organisation.

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Latest
  • Top News
  • Pakistan
    • Local News
    • Crime
    • Interview
    • Politics
    • Health
  • Business
    • Business
    • FBR & Customs
    • Tech
  • World
    • Iran-US-Israel war
  • Epaper
  • Entertainment
    • History in focus
      • NGOs
      • Weird
      • Word of the day
  • Opinion
    • Letter to Editor
    • News Analysis
  • Sports
    • Cricket
  • Advertise
  • Latest

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply