The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized by the Board of Investment (BoI), signaling a major step toward regulatory simplification and enhanced industrial competitiveness.
The conference brought together federal ministers, diplomats, and private sector leaders to discuss strategic economic reforms aimed at fostering export-led growth and investment-friendly policies.
Rana Ihsaan Afzal, Coordinator to the Prime Minister on Commerce, delivered the keynote address on behalf of the Ministry of Commerce. He emphasized the government’s commitment to rationalizing the tariff regime, simplifying business processes, and supporting nascent and green industries.
“The National Tariff Policy 2025–30 is designed to create a predictable, transparent, and investment-friendly tariff structure,” Afzal said. “By facilitating duty-free access to raw materials, phasing out Additional Customs Duties (ACDs) and Regulatory Duties (RDs), and supporting emerging sectors, this policy paves the way for innovation, job creation, and sustained economic growth.”
Key highlights of the draft policy include the phased elimination of ACDs within four years, removal of RDs and the 5th Schedule within five years, and the introduction of a simplified four-slab Customs Duty structure (0%, 5%, 10%, 15%). The reforms aim to benefit critical sectors such as textiles, engineering, pharmaceuticals, and information technology by reducing production costs and encouraging investment.
Afzal noted that implementation will begin with tariff reductions on approximately 7,000 tariff lines, primarily raw materials and intermediate goods, expected to deliver Rs. 200 billion in benefits to trade and industry.
“These reforms will enable Pakistan’s industries to scale up, compete globally, and transition toward higher value-added exports,” he added. “We anticipate stronger GDP growth, increased employment, improved industrial productivity, and enhanced investor confidence as a result.”
The conference was attended by Federal Minister for Industries and Production Haroon Akhtar, Federal Minister for the Board of Investment Qaiser Ahmed Sheikh, senior officials, diplomats, and prominent private sector representatives.
Participants praised the government’s efforts to modernize trade facilitation and regulatory frameworks, describing the draft policy as a significant milestone in Pakistan’s long-term economic transformation.
