Pakistan has decided to allow the duty free import by land of five food items; meat/live animals, potatoes, tomatoes, onion and garlic.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to the Indo Asian News Service the decision was taken at a high-level meeting on Tuesday of the Price Control Committee chaired by Prime Minister Shaukat Aziz. The main beneficiary is expected to be India.
The decision was made after the meeting reviewed the prices of essential edible items in the capitals of neighbouring countries. Of the 11 items reviewed by the committee, nine were priced 15-50% higher in Islamabad than in New Delhi, The News reported Wednesday.
Salman Shah, the prime minister’s adviser on finance, said the import of edibles had been allowed from neighbouring countries since prices there were lower.
The decision means that the traditional trade between the Lahore and Amritsar markets via the Wagah border can restart.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
