Prime Minister Shehbaz Sharif on Thursday declared export-led growth the government’s top economic priority and directed the National Tariff Commission to support investors. The move matters because higher exports are central to Pakistan’s economic strategy and competitiveness. The policy is expected to affect businesses, industries, investors, and key sectors across the country.
Chairing a review meeting in Islamabad, the prime minister assessed overall economic growth and implementation of the National Tariff Policy 2025-30. He stressed that the NTC must perform actively and transparently to promote industry, trade, and investment. Furthermore, he instructed the commission to play a stronger role in facilitating industrialists and investors.
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Shehbaz also called for the modernisation of the NTC through international best practices and advanced technology. He said the commission should adopt information technology and artificial intelligence to improve efficiency and decision-making. According to the Prime Minister’s Office, these reforms are intended to strengthen economic governance and investor confidence.
Meanwhile, officials briefed the meeting on progress under the National Tariff Policy 2025-30. They said tariffs across various sectors would be reduced gradually to support export-oriented growth. In addition, duties on reefer containers and semi-trailers will be abolished to encourage the development of Pakistan’s logistics sector.
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The briefing further revealed that customs duties on specialised vehicles and machinery are being reduced to support construction activities. Duties on raw materials used in producing cancer medicines will also be eliminated to assist the pharmaceutical industry. Several federal ministers attended the meeting, reflecting the government’s broader commitment to economic reforms and export-driven development.