Islamabad December 16 2021: After detailed discussion, ECC also approved the summary tabled by Ministry of Industry & Production on Auto Industry Development and Export Policy (AIDEP) 2021-26, with the directions that export targets given in the Policy may be reviewed every year and updated accordingly and proposed tariff structure to be presented separately to the ECC.
The vision of the policy shall be to make Pakistan a hub for competitive manufacturing of auto parts and vehicles for local markets as well as for exports. The key focus is to strengthen the competition within locally manufactured vehicles in order to provide high quality vehicles at affordable prices to the consumers in the country. It also includes increase in export of automobile parts and vehicles to earn a valuable foreign exchange.
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ECC Approved Textile And Apparel Policy 2020-25
Mr. Omar Ayub Khan, Federal Minister for Economic Affairs chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad, today. The ECC Meeting was attended by Adviser to the PM on Finance & Revenue Mr. Shaukat Tarin, Minister for Industries & Production Makhdum Khusro Bakhtyar, Minister for Energy Mr. Hammad Azhar, Minister for Railways Mr. Muhammad Azam Khan Swati, Minister for Interior Sheikh Rashid Ahmed, Federal Minister for National Food Security & Research Syed Fakhar Imam, Adviser to the PM on Commerce & Investment Mr. Abdul Razak Dawood , Minister of State for Information & Broadcasting Mr. Farrukh Habib, Governor SBP, respective federal secretaries and other senior government officers.
