SIALKOT: The Sialkot Chamber of Commerce and Industry (SCCI) on Saturday has demanded special package of trade related incentives schemes for the exports sector.
SCCI President Muhammad Ashraf Malik said the incentive schemes are vital now to keep the export industry competitive in the international market amid the Covid-19 pandemic, a press release said.
Malik said that the rate of drawback vides SRO 711(I)/2018(Non-Textile) and Order No. 1 (42-B)TID/18-TR-II (Textile) should be enhanced to seven per cent to achieve the exports targets being set by the Ministry of Commerce under the forthcoming Strategic Trade Policy Framework. He said that an increase in the drawback rate is the need of the hour for the crisis struck export industry to bounce back and strive for an increase in exports.
Published in Dawn, August 9th, 2020