Import duties in Pakistan

The Cost, Insurance, and Freight (CIF) value of the cargo is used to determine the import tariffs that are applied to items that are carried into Pakistan. The kind of commodities, their categorization, and their intended purpose all affect the regular tariff rates. The Harmonized System (HS) Code is used in Pakistan to categorize goods […]

Trade agreements in Pakistan

Trade pacts are crucial in fostering economic development, strengthening relations between countries, and ensuring win-win situations for all. For Pakistan, trade agreements are critical in persuading and encouraging the diversification of exports and increasing and penetrating into new markets; and more importantly for attracting Foreign Direct Investment. Considering the numerous nations and economic blocks, a […]