MISSION STATEMENT :
Contributing to the national economy through
trade liberalization and facilitation, improving
export competiveness and reducing cost of
doing business.
Aim to achieve higher market access for
Pakistani products in existing markets as
well as new markets with ultimate aim of
improving quality of life of the people
of Pakistan.
CHARTER OF THE MINISTRY
Under the Rules of Business 1973, Commerce Division is assigned the following functions:
- Imports and exports across custom frontiers
- Export promotion
- Commercial intelligence and statistics
- Tariff policy and its implementation
- Anti-dumping duties, countervailing duties and safeguard laws
- Inter-Provincial trade
- Domestic Commerce
- Organization and control of Chambers and trade associations
- Law of Insurance and regulation and control of Insurance companies
- Administrative Control of Attached Departments/Organizations
- Selection of Trade Officers for posting in Pakistan’s Missions abroad
OBJECTIVES OF TRADE POLICY
People centric : Poverty alleviation and
employment generation through export led
growth
Supply side:
- Value addition and
Higher Unit Value (e.g.
Yarn-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
ORGANIZATION/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. State Life Insurance Corporation
of Pakistan, National Insurance Company
Limited, 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.
IMPORTS WING:
Formulation of Trade Policy in conjunction with other wings. Implementation of import policy initiatives.
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 ORGANIZATIONS WING:
Registration, Monitoring and Supervision of all Trade Bodies in the country under the Trade Organization Law of 2007. Local trade fairs and exhibitions.