The federal government has announced a comprehensive plan to safeguard national trade interests and lessen the economic impact of the United States’ 29% tax on Pakistani goods.
A specialist working group and a high-level steering committee have been established by Prime Minister Shehbaz Sharif to solve the matter diplomatically and economically.
A 12-member steering group headed by Finance Minister Muhammad Aurangzeb would supervise the whole process, including talks with US officials, according to an official announcement.
Important government personalities are on the committee, including:
Federal ministries of petroleum and commerce
The special industry assistant to the prime minister
The Federal Board of Revenue (FBR) chairman
The foreign secretary
Ambassador of Pakistan to the United States
Representatives of Pakistan at the World Trade Organization (WTO)
Distinguished economist Dr. Ijaz Nabi
Washington’s ministry of trade and investment
Secretary of Trade
The prime minister will get frequent updates on the committee’s progress.
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