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Government to simplify machinery import rules for exporters under EFS

Profit by Pakistan Today • • 1 min read

Government to simplify machinery import rules for exporters under EFS

The government plans to streamline machinery and capital-goods imports under the Export Facilitation Scheme (EFS), while applying the same eligibility rules to every category without exemptions, Profit by Pakistan Today reported. Minister of State for Finance and Railways Bilal Azhar Kayani announced the approach at a meeting with exporters and trade bodies.

Officials were asked to clarify import procedures and assess amendments intended to lower export costs, encourage local value addition and support domestic manufacturing. The meeting included representatives of APTMA, PTEA and the Sialkot Chamber of Commerce and Industry, as well as finance, commerce and FBR officials. The government will continue consulting exporters and trade groups on further changes, while urging smaller businesses to use the scheme.

At a glance

  • EFS eligibility requirements will apply uniformly, with no exemptions.
  • The government is reviewing changes to import procedures and the scheme.
Sectors:Textile Composite

Originally reported by Profit by Pakistan Today

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