Ministry of Commerce (Pakistan)

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.