No New US Tariffs on Pakistani Exports, Confirms Commerce Official
ISLAMABAD – Parliamentary Secretary for Commerce, Zulfiqar Ali Bhatti, clarified on Thursday that the United States has not imposed any punitive tariffs on Pakistani exports, easing earlier concerns regarding potential trade losses.
Responding to a query from MNA Tahira Aurangzeb in the National Assembly, Bhatti stated that Pakistan currently enjoys one of the lowest tariff rates in the region, especially when compared to regional competitors such as India.
“There was a time when a 25% tariff on Indian goods raised fears for our own exports,” Bhatti said. “Thankfully, Pakistan now enjoys a significantly lower tariff rate due to effective diplomatic engagement.”
He credited the Prime Minister, Finance Minister, Commerce Minister, and the Special Investment Facilitation Council (SIFC) for their collective efforts in ensuring Pakistan’s favorable trade position with the United States.
🔹 Trade Surplus and Export Growth
Bhatti shared that Pakistan currently maintains a $3.3 billion trade surplus with the US. With the current tariff landscape, Pakistani exports are expected to grow even further, helping strengthen the economy and local industry.
He also mentioned that the Ministry of Commerce is actively working with chambers of commerce and trade associations to improve export readiness. This includes launching training programs and establishing support systems for exporters, particularly small and medium enterprises.
🔹 Addressing Regional Export Challenges
During the session, MNA Dr. Shazia Sobia raised concerns about limited export infrastructure in remote areas like Gilgit-Baltistan, especially for perishable goods such as fresh and dry fruits. She emphasized the need for cold storage and refrigeration facilities to help local producers tap into global markets.
Bhatti acknowledged the issue and assured that the government is working to upgrade logistics and storage facilities in underdeveloped regions, which will further enhance Pakistan’s regional and international trade capacity.
This announcement brings relief to the business community and highlights the government’s ongoing commitment to supporting exports and economic development across the country.