The Government of Pakistan has introduced the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by the Board of Investment (BoI). The event focused on enhancing regulatory efficiency and strengthening Pakistan’s industrial competitiveness, drawing participation from federal ministers, diplomats, and private sector leaders.

Rana Ihsaan Afzal, Coordinator to the Prime Minister on Commerce, represented the Ministry of Commerce and delivered the keynote address. He emphasized the government’s firm resolve to streamline the country’s tariff framework and promote export-driven economic expansion.

Afzal noted, “The National Tariff Policy 2025–30 is structured to provide a transparent, stable, and investor-friendly tariff environment. Key measures include duty-free access to raw materials, gradual elimination of Additional Customs Duties (ACDs) and Regulatory Duties (RDs), and targeted support for emerging and green industries.”

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The policy proposes major reforms such as:

• Phasing out ACDs within four years

• Eliminating RDs and the 5th Schedule in five years

• Introducing a simplified four-tier Customs Duty structure (0%, 5%, 10%, and 15%)

These reforms are expected to stimulate sectors such as textiles, pharmaceuticals, engineering, and IT, while cutting down production costs and encouraging foreign and local investment.

Afzal further revealed that tariff reductions will initially apply to around 7,000 tariff lines—primarily raw materials and intermediate goods—resulting in estimated savings of Rs. 200 billion for businesses and industries.

“These changes will enhance industrial productivity, enable value-added exports, and elevate investor confidence—laying the groundwork for sustainable GDP growth and job creation,” he added.

Federal Ministers Haroon Akhtar and Qaiser Ahmed Sheikh, along with other government officials and industry stakeholders, also attended the event. Participants praised the initiative as a vital step toward economic modernization and global competitiveness.

This policy rollout is a key element of Pakistan’s broader economic reform vision, aimed at aligning national development goals with global trade standards and sustainable industrial progress.