The document summarizes Pakistan's trade policy and performance for 2009-2010. It notes that exports declined significantly in 2008-2009, with textile exports dropping the most. However, a few sectors like rice, engineering goods, and jewelry saw export growth. The policy aims to enhance export competitiveness and achieve higher growth targets through various industry-specific initiatives. These include support for branding, research and development, infrastructure development, and expanding access to international markets. The policy also discusses import-related measures to encourage local manufacturing and facilitate disabled individuals.
Indian Chemical Industry Challenges and Opportunities - Industry Regulatory S...Jyoti Prakash Gadia
The Chemical and Petrochemicals sector is one of the key focus sectors under the ‘Make in India’ initiative of the government. As a result, the regulatory environment is favorable and lays strong emphasis on the growth of this sector through a conductive policy frame work. The salient features of the government policies for this sector have been mentioned above –
Indian Chemical Industry Challenges and Opportunities - Industry Regulatory S...Jyoti Prakash Gadia
The Chemical and Petrochemicals sector is one of the key focus sectors under the ‘Make in India’ initiative of the government. As a result, the regulatory environment is favorable and lays strong emphasis on the growth of this sector through a conductive policy frame work. The salient features of the government policies for this sector have been mentioned above –
International Business plays a crucial role in the economic development of a nation as it leads to industrialization, employment and reduction of scarcity of consumer goods. Our share of world trade has significantly increased over the years. At present, International Business opportunity in India exists in areas like IT, Telecom, R&D, Infrastructure, Retailing, etc. Sectors like health, education, housing, water resources, SMEs are untapped and offer huge scope.
Assalam o Alaikum Everyone!
This Presentation Was Prepared and Presented by Me in Class and it Was Appreciated by Everyone.
So I Would Like to Share it With You All for Knowledge Increment Perpose.Hope You All Will Like.
Thanks...
Regards (M.Noman Waleed)
The sourcing for apparel retailers have never been so diverse. A lot of changes have been taking place in the global garment industry. Production is moving away from China. Vietnam and Bangladesh are being developed strongly but still the wage bomb is ticking anyway at these locations too. Ethiopia is one such nation which is absorbing this shift confidently and becoming active garment manufacturing destination.
The textile and clothing (T&C) exports from Vietnam are rapidly touching heights. Over the years, it has shown promising growth in the T&C exports and the last year only it surpassed Bangladesh to become the 2nd largest garment exporter in the world after China. Team Apparel Resources has made the presentation for its readers to let them know about the T&C industry of this South East Asian country.
A study on the knitwear industry of bangladeshAbul Rahat
This presentation provides an in depth look into the Knitwear industry of Bangladesh, and relate the concepts and theories of managerial economics with the findings regarding both the overall industry and some of its major players.
Session 2/3 Day 1. Audio Commentary by Anthony Williams (FPFA,LLB) to be added soon. For 1 on 1 discussion call +92-321-4409009, 0321-4409009, 92-42-35925972
International Business plays a crucial role in the economic development of a nation as it leads to industrialization, employment and reduction of scarcity of consumer goods. Our share of world trade has significantly increased over the years. At present, International Business opportunity in India exists in areas like IT, Telecom, R&D, Infrastructure, Retailing, etc. Sectors like health, education, housing, water resources, SMEs are untapped and offer huge scope.
Assalam o Alaikum Everyone!
This Presentation Was Prepared and Presented by Me in Class and it Was Appreciated by Everyone.
So I Would Like to Share it With You All for Knowledge Increment Perpose.Hope You All Will Like.
Thanks...
Regards (M.Noman Waleed)
The sourcing for apparel retailers have never been so diverse. A lot of changes have been taking place in the global garment industry. Production is moving away from China. Vietnam and Bangladesh are being developed strongly but still the wage bomb is ticking anyway at these locations too. Ethiopia is one such nation which is absorbing this shift confidently and becoming active garment manufacturing destination.
The textile and clothing (T&C) exports from Vietnam are rapidly touching heights. Over the years, it has shown promising growth in the T&C exports and the last year only it surpassed Bangladesh to become the 2nd largest garment exporter in the world after China. Team Apparel Resources has made the presentation for its readers to let them know about the T&C industry of this South East Asian country.
A study on the knitwear industry of bangladeshAbul Rahat
This presentation provides an in depth look into the Knitwear industry of Bangladesh, and relate the concepts and theories of managerial economics with the findings regarding both the overall industry and some of its major players.
Session 2/3 Day 1. Audio Commentary by Anthony Williams (FPFA,LLB) to be added soon. For 1 on 1 discussion call +92-321-4409009, 0321-4409009, 92-42-35925972
Session 2/3 Day 1. Audio Commentary by Anthony Williams (FPFA,LLB) to be added soon. For 1 on 1 discussion call +92-321-4409009, 0321-4409009, 92-42-35925972
Session 3/3 Day 1. Audio Commentary by Anthony Williams (FPFA,LLB) to be added soon. For 1 on 1 discussion call +92-321-4409009, 0321-4409009, 92-42-35925972
Session 1/3 Day 1. Audio Commentary by Anthony Williams (FPFA,LLB) to be added soon. For 1 on 1 discussion call +92-321-4409009, 0321-4409009, 92-42-35925972
Finance act 2016 (Pakistan) Worry-Some Provisions of Sales Tax Act 1990Anthony Williams
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Challenges Faced By Pakistan Textile IndustryHaris Khan
its presentation on Pakistan Textile Industry.
This presentation is prepared by students of Institute of management sciences purely for academic purposes.
it could be turned downed.
Being a trader it is important to use your brain not your heart because stock market is very risky, you need to play smart. So join the most experienced team who can value your money & provide you the best recommendation which will help you to grow your money in positive manner. Don’t believe on others but learn from your experience. Join Drift Financial Research for more detail visit website www.driftfinancial.in Or Call Us on 919993223007
highlights & Key featuresof budget 2020 pdf- Dr Ajay ShuklaProf. Ajay H Shukla
Highlights & Key features of budget 2020-21 pdf. Presented by Hon FM Nirmala Sitharaman
We are now the fifth largest economy of the world. India’s foreign direct investment got elevated to the level of US$ 284 billion during 2014-19 from US$ 190billioin that came in during the years 2009-14. The Central Government debt that has been the bane of our economy got reduced, in March 2019, to 48.7% of GDP from a level of 52.2%in March 2014.
Sources: https://www.indiabudget.gov.in/bh.php
The Ministry of Commerce in Pakistan unveiled the National Tariff Policy 2019-24 (NTP 2019-
24) in November 2019. The core aims of the policy were to: i) remove tariff-related
anomalies in the short-term to lower businesses’ cost of inputs and increase their
turnover, ii) increase employment generation in the medium-term, and iii) gain
competitiveness and exports in the long-term.
After its announcement, there remains a need to analyze the effectiveness and
impact of the policy. SDPI team conducted primary research to assess the impact
of tariff policy on Small and Medium Enterprises (SMEs) with the help of a firm-level
survey.
This specific survey aims to bridge the evidence gap by providing an in-depth
analysis on the NTP-2019-24 impact in terms of its three prime objectives. Besides,
the study also attempts to understand the business community’s challenges and
expectations vis-à-vis tariff-related matters.
This presentation covers the types of audit, its practical implications, tools for conducting audits, how to plan an audit, and what the outcomes of audit planning and finally how to execute an audit.
Presented to members of the Institute of Chartered Accountants of Pakistan. The presentation covers the AMLA 2010, Rules 2008, Regulations, FMU and its functions, Red Alerts, and the schedule containing predicate offences.
A comparative study of Sales Tax Acts of the Provinces. The Constitutional Backing and issues involved. Also included are changes introduced through Finance Acts 2016 of the Provinces
PPRA rules 2004, Rules relating to Procurement by procuring agencies i.e. Institutions coming under the Federal Government. Guidelines for procurement. Topic relating to commercial functions of Government's procurement agencies
Finance bill 2015 16_Changes Proposed in Sales Tax Act, 1990Muhammad Ijaz Syed
Changes proposed through Finance Bill 2015-16 in Sales Tax Act, 1990.
Wherever strike through is used in this document means deletion or omission. Yellow highlight represent new additions
"Turning Goals into Results". Presentation based on article by Jim Collins. Explaining how big and audacious goals can be turned into reality? How to think out of box? How you can convert dreams into reality?
2. TRADE PERFORMANCE-the Loss
Year 2008-9 witnessed unprecedented downturn
Major Market export i.e. USA & EU
Export shrank to US$17.8 B from US$ 19.1B
Imports decreased by 13% i.e. to US$ 34.9 B from US$
40.4B
Textile exports that are 54% of total export are dropped
to US$ 9.6B from US$ 10.6B
Major losers were the ready made garments dropped by 21.7%
Cotton Yarn dropped by 10.2%
Art Silk & Synthetic Textile dropped by 22.1%
Cotton Fabric dropped by 4.0%
Finished leather dropped to US$ 0.8B from US$ 1.1B
3. TRADE PERFORMANCE-THE
GAINERS
Rice export registered a growth from US$
1.84B to US$ 1.99B
Engineering Goods increase recorded
26.1% from US$ 211.3M to US$ 266.4M
Export of Jewelry recorded a 35%
increase from US$ 213.4 M to USD$
288.4M
4. OVERALL PERFORMANCE
Pakistan’s share in the global market,
according to WTO data, has declined by
more than 1/3 to 0.13% in 2009 from 0.21
% in 1999.
share of non-textile manufactured in
Pakistan’s exports has gone down from an
already low figure of US $ 5.83 billion
(25.08%) in 2007-08 to US $ 3.12 billion in
2008-09 (17.32 %).
5. TRADE POLICY THE SALIENT
FEATURES
The policy is set in a three years Strategic
Trade Policy Framework (STPF)
Trade Policy 2009-12 aims to set the
country on the path of sustainable high
economic growth through exports.
6. Fundamental Principles (Claims)
1. Growth with Equity
2. Greater Opportunities for gainful employment
3. Sound macro-economic framework for trade environment
4. Concern with poverty eradication and environmental protection
5. Investing in Human resources
6. Targeting Poverty alleviation
7. Promoting private sector as engine of growth
8. Focus on small scale sector particularly in agriculture
9. Contributing towards poverty alleviation
10. Achieving export led growth and providing relief to the common
man through the provision of jobs and services
11. Will focus strongly on development and facilitation
7. MAJOR STRATEGIC
OBJECTIVES DEFINED
Enhancement of the export competitiveness
1. Supply-side constraints such as the shortage of energy,
cost of capital
2. Competitiveness of textile and clothing, with the help of
Textile Policy due to be announced shortly
3. deepen and diversify export markets
4. promote trade in services
5. embark on domestic commerce reform and development
where key areas such as wholesale and retail trade,
storage and warehousing, transport, regulatory
environment,
(DISCUSSED IN MORE DETAILS IN POLICY-THEORATICALLY
RATHER)
8. THE TARGETS
Export Target for 2009-10 with 6% growth and
then 10% and 13% for successive years
the competitiveness ranking of Pakistan will
improve from 101 to 75
share of engineering exports will increase from
1.5 % to 5 %;
value addition of cotton to increase from US $
1000 to $ 1500 per bale
and regional trade to expand from 17 to 25 %.
9. THE PRACTICAL MEASURES-IN
GENERAL
Currently, there is no policy instrument provided by the
government or private sector for providing finance at
fixed interest rates for a short to medium term. It has
been decided to create a Fund to hedge markup rate
hikes.
To ensure predictability of electricity supply it has been
decided that Ministry of Water and Power would work
with the Electricity Distribution Companies, to enter into
agreements with clusters of industries whereby electricity
is supplied at mutually agreed times.
The agreements would have punitive and compensation clauses;
and the compensation could be in the form of electricity charges
credit.
10. insurance cover for visiting buyers. it has been decided to launch a
scheme for picking up the full cover for Pakistan for their valid
insurance policies.
It has been decided that a scheme may be launched to compensate
inland freight cost to exporters of cement, light engineering, leather
garments, furniture, soda ash, hydrogen peroxide, sanitary wares
including tiles, finished marble/ granite/ onyx products.
A fund dedicated to support research and development for
enhancing competitiveness either by technology up-gradation, skill
development or by improved management systems named
Technology, Skill and Management Up-gradation Fund of Rs. 3
billion is being established.
Zero rating and to give an interim relief to the sectors of tents &
canvas, electric machinery, carpets, rugs and mats, sports goods,
footwear, surgical/ medical/ veterinary/ beauty care instruments,
cutlery, onyx products, electric fans, furniture, auto parts,
handicrafts, jewelry and pharmaceuticals. All incentives will be
linked to the outcomes, efficiency standards and wherever possible,
productivity targets.
11. It has been decided to allow the import of specialized
machinery and transport equipment by actual users in
used condition provided they fulfill emission standards
and have sufficient productive life irrespective of the age
It has been decided to allow Industrial importers to
import new, refurbished and upgraded machinery on the
basis of trade-in with their old, obsolete machinery.
Likewise export of their old and obsolete machinery for
trade in with new, refurbished or upgraded machinery
would also be allowed.
It has been decided that the facility to remit US$ 10,000
per invoice, as advance payment, for import of spare
parts, consumables and raw materials would be restored
by State Bank of Pakistan.
13. surgical instruments, sports goods &
cutlery sector would be granted 25%
support on brand development activities.
It has been decided to establish a center
of excellence for catering to the training,
designing, research & development needs
of surgical instrument sector at Sialkot.
In order to increase the sophistication level
and realize true potential of this sector, a
special Fund of Rs 2.5 Billion is being
created for product development &
marketing for light engineering sector
14. It has been decided that engineering units
would be allowed Export Oriented Units
facility on export of 50% of their production
for the first three years. After that, the
engineering units would be allowed this
facility on export of 80% of their
production.
16. Procurement of expert advisory services
Matching grant to establish design studios or design
centers in the factories
Establishment of Research &Development Centers in
Karachi and Sialkot by Pakistan Leather Garments
Manufacturers and Exporters Associations
The leather sector now would be able to avail the
following facilities from the Export Investment Support
Fund:
Sharing 25% financial cost of setting up labs in the individual
tanneries.
To provide matching grant for setting up of effluent treatment
plants in individual tanneries
It has been therefore decided that Export Investment
Support Fund may be used for providing matching grants
to district governments for installing flaying machines
18. To provide a foundation for sustainable growth, various
initiatives are being planned through a separate and first
ever Textiles Policy, to be announced shortly
Among many others initiatives which Ministry of
Commerce hopes to develop and implement with the
help of Ministry of Textiles and other stakeholders.
Promotion of new investment and modernization of machinery
For diversification of exports mix, custom duty may be zero rated
on import of Man Made Fibers other than Polyester Staple Fiber
Customs duty on import of sizing chemicals may be withdrawn
Establishment of warehousing in major markets, requiring direct
to Store Delivery
Brand Development Program
Rationalization of tariff
Initiatives for greater market access
Initiatives to promote more effective holding of local and
participation and foreign exhibitions
20. It has been decided to grant 25% freight
subsidy if live seafood products are
exported by air.
It has been decided to support processed
food exports initially by reimbursing
Research &Development costs @ 6% of
the exports
The quantum and mode of support for 2009-
12 would be decided after a detailed study but
not later than May 2010.
21. Halal Products is an over trillion dollar
market
Till the Halal Certification Board is setup,
the government would support the cost of
Certification by 50%. In the coming year,
the Ministry will develop a comprehensive
policy for the promotion of Halal products.
50% cost of Underwriters Laboratories
(UL) certification would be borne by the
government.
23. Setting up of a Services Export
Development Fund to provide assistance
in the form of reimbursable grants, to
Pakistan service exporters for Tendering
or negotiating for international projects and
for conducting pre-feasibility or feasibility
studies for international projects.
25. Oil and gas and petroleum sector
companies are allowed import of second
hand plant and machinery equipment
subject to pre-shipment certification to the
effect that such plant, machinery and
equipment are in good working condition
and are not older than 10 years.
Since drilling rigs usually have a useful life
of around 20 years it has been decided
that the age limit for them may be
enhanced to 20 years subject to Pre
Shipment Inspection certification
29. Support for opening exporters offices and
retail sales outlets abroad.
Support for the warehousing scheme
would be continued and its scope would
be expanded to include traditional markets
and traditional products.
The government is supporting various
quality, environmental and social
certifications. The scope of this Scheme
would be expanded by Trade
Development Authority of Pakistan in
consultation with the Industry.
31. In order to encourage use of computers by low income groups, it
has been decided to allow the import of old & used computer
components.
Decided to disallow the import of Cathode Ray Tubes monitors
unless imported along with used computers.
To encourage local manufacturing, import of vaccines would be
restricted only from World Health Organization approved plants.
import of used ambulances that fulfill certifiable standards and have
minimum 10 years of useful life would be allowed when donated by
any organization or individual to charitable or nonprofit organization,
trusts or hospitals.
To facilitate disabled persons to actively participate in economic
activities, the facility to import duty free customized cars, not above
1350cc of engine capacity is being allowed.
To facilitate disabled persons further, it has been decided to allow
the import of one used duty free motorized wheel chair to actual
users.
It has been decided that the vehicle imported by a overseas
Pakistani, under Transfer of Residence rules, may be released to
legal heir in case of his or her death