The Ministry of Commerce in Pakistan was formed in 1973 and oversees international trade, exports and imports. Some key points: - Pakistan's GDP is $302 billion with a per capita income of $1650.980. Exports total $29.66 billion with main partners being the US, China, UAE and Afghanistan. Imports mainly come from China, Saudi Arabia, UAE and Kuwait. - The Ministry aims to contribute to the national economy through trade liberalization and improving export competitiveness. Objectives include poverty alleviation, employment generation, and improving market access for Pakistani goods. - The Ministry administers trade policy, export promotion initiatives, trade organizations and agreements with countries including Afghanistan,

2. Overview
 Ministry of Commerce formed in 1973.
 GDP is $302 billion (PKR 29.7 trillion in 2014)
 GDP per capita is $1650.980 (2013)
 Rank of PPP is 26th throughout the world
 Exports $29.66 billion (est.2012)
 Main Exports USA 13.3%, China 10.9%, UAE 8.6% ,Afghanistan 8.5 %
 Main Imports China 19.8%, Saudi Arabia 12%, UAE 11.9%, Kuwait 6.2%
 Exports goods (garments, cotton ,rice, leather goods, sports goods, chemicals
,manufacturers, carpets, steel, foodstuff, fertilizer, Cement, sugar, animal,
electrical equipment ,petroleum and rugs)
 Public debt 62% of GDP(2013 est.)
 Revenues $ 29.51 billion (2012 est.)
 Expenses $ 44.19 billion (2012 est.)

3. Mission Statement
 Contributing to the national economy through trade
liberalization & facilitation ,improving export competiveness
and reducing cost of doing business.
 Aim to achieve higher market access of Pakistani products in
existing markets as well as new markets with ultimate aim of
improving quality of life of the people of Pakistan.

4. Charter of the Ministry
Under the Rules of Business 1973, Commerce Division is
assigned the following functions;
 Imports & exports across custom frontiers
 Export promotion
 Commercial Intelligence and statistics
 Tariff policy & its implementation
 Anti-dumping duties, countervailing duties and safeguard laws
 inter- Provincial Trade
 Domestic Commerce
 Organization & control of Chambers and Trade associations
 Law of Insurance and regulation and control of Insurance companies
 Administrative control of Attached Departments/Organization
 Selection of Trade Officers for posting in Pakistan’s Mission abroad

5. Objectives of Trade Policy
Poverty alleviation and employment generation through export led
growth.
Supply Side:
 Value addition and higher Unit Value(e.g.Yam-Fabric-textile Chain)
 Coordination for improvement of Infrastructure
 Improving competitiveness through reduction in cost of doing business
 Facilitating investment in manufacturing sector.
Marketing:
 Focus on Export Marketing
 Better commercial intelligence
 Trade diplomacy/Market access
 Diversification of export products and markets

6. Organization’s Functions
Administration:
Administrative, financial and budgetary affairs of main Ministry and affiliated
organizations, trade offices abroad and administration of Commerce and Trade Group.
PAC/DAC meetings, Insurance & related matters for all the organizations of the
Ministry. Administration of three Governments owned insurance companies i.e. 1) State
Life Insurance Corporation of Pakistan, 2) National Insurance Company Limited, 3)
Pakistan Reinsurance Company Limited and dispensation of policy as well as legislative/
legal direction.
Foreign Trade:
Trade diplomacy and market access initiatives.
WTO:
Multilateral trade negotiations and compatibility of domestic laws with WTO laws.
Import Wing:
Formulation of Trade Policy in conjunction with other wings. Implementation of
import policy initiatives.

7. Organization’s function (continued)
Exports wing:
Formulation and Implementation of annual Trade Policy, jointly with the
Imports Wing. Implementation of Export policy initiatives. TCP Affairs.
ITO wing:
Formulating, processing and monitoring of development projects of Ministry
and affiliated organizations. Tabulations of Trade Statistics and Analysis based
thereon.
Trade organization wing:
Registration, Monitoring and Supervision of all Trade Bodies in the country
under the Trade Organization Law of 2007. Local trade fairs and exhibitions.

8. Trade Agreements
Pak-Afghanistan Trade Pak-Iran Preferential Trade Pak-America Trade
Pak-Malaysia Trade Pak-Mauritius Preferential Trade Pak-UAE Trade
Pak-China Trade Pak-Indonesia Preferential Trade Pak-Saudi Arabia Trade
Pak-Srilanka Trade Pak-Kuwait Trade Pak-Asian Trade