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| Trade with India: Negative list to be phased out on Dec 31 |
Thursday, 06 September 2012 11:54:57
Trade with India: Negative list to be phased out on Dec 31
ISLAMABAD, Sept 5 (APP) : The negative list regarding trade with
India would be phased out by December this year after the approval
of federal cabinet, Minister for Commerce Makhdoom Amin Fahim told
National Assembly Wednesday.
In a written reply to a question, he said inexpensive
vehicles under 1000cc are importable from India. The negative list
contains 1209 items.
The negative list contains a total of 385 items of the auto
sector. Out of which only 19 are different types of vehicles and
remaining and 366 items are primarily auto components for vehicles.
The vehicles in negative category don't fall in the inexpensive
category but reflects a mixture of various types and price range
vehicles, he said.
A total of 49 items of Pharma sector are also in the negative
list which includes finished products added in the list to protect
local manufacturers.
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