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Proposed Auto Policy: PAMA asks Secy I&P to share draft before finalisation
KARACHI: The Pakistan Automotive Manufacturers Association (PAMA) has asked the secretary, Industries & Production, to take the industry on board and share the draft of the proposed Auto Policy before it is finalised. In response to reports that a draft of the new policy, which has been prepared and may soon go to the Prime Minister for approval, could impose punitive measures on manufacturers, including incremental tariffs and even cancellation of manufacturing licenses, if steep export targets are not met. “While the industry fully recognises the importance of increasing exports, develop...
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