On the advice of Chairman EDB a series of meetings with the stakeholders of the following Engineering Sectors were held on export enhancement and import substitution.
- Electrical and Power Equipment.
- 2-3 Wheelers Automotive and Auto Parts.
- Mobile Phones
- Home Appliances
The meetings were held at TDAP office Lahore and NFC Head Office, Lahore and were chaired by Mr. Abdur Razak Dawood, Advisor to the Prime Minister on Commerce and Investment. Several issues were highlighted in order to facilitate the export of the products falling under the aforesaid sectors. The stake holders gave several proposals related to duty drawback rates, review DLTL, export subsidy, Tariff rationalization, testing and certification arranging Trade Fairs/ Exhibitions, support in facilitation of incentive scheme etc. The stakeholders also highlighted the issues in import substitution which include price escalation, localization of input parts, issues relating to SRO 827 etc.
The advisor to the Prime Minister assured in resolving the issues and asked the industry to provide a comprehensive business plan on enhancing the export with target countries along with sunset class for facilitation.