Particle.news
Download on the App Store

Pakistan Pledges Tariff Rationalisation, Red-Tape Cuts to Reassure Japanese Investors

The pledges came at a Japan–Pakistan business seminar in Islamabad hosted by Japan’s ambassador.

Overview

  • Special Assistant Haroon Akhtar Khan said the government is actively addressing Japanese investors’ concerns over tax refunds, export hurdles and regulatory bottlenecks.
  • Officials outlined tariff rationalisation, simplified concessionary regimes and more predictable trade policy to lower production costs and boost competitiveness.
  • Industrial facilitation measures include one-window Special Economic Zones and a ‘Regulatory Guillotine’ to scrap unnecessary rules and streamline approvals.
  • Pakistan’s New Energy Vehicle Policy 2025–2030 targets 30% of new vehicle sales to be electric by 2030, positioning the sector for green investment.
  • Japan’s footprint was underscored with more than 100,000 auto-sector jobs, localisation rates above 60%, total investment exceeding USD 1.3 billion and about 80 companies operating in Pakistan.