Govt urged to renegotiate trade agreements
KARACHI: Pakistan Business Council (PBC) has recommended comprehensive benchmarking of export incentives with competitor countries, advising the government to renegotiate trade agreements, particularly with China.
The government has set an ambitious export target of $60bn to be achieved in three years.
Impeding this admirable objective are regionally uncompetitive energy costs, higher taxation, and the cash flow burden from withholding taxes, the council remarked.
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© Dawn Business
