You are here:  Home   |   Business   |   ECC approves Strategic Trade Policy Amendments


Monday 21, April 2014



ECC approves Strategic Trade Policy Amendments

Posted by: APP, Uploaded: 1st March 2011

The Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved the Strategic Trade Policy Amendments.

The ECC met here with the Federal Minister for Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh in the chair also approved summaries by the Ministry of Commerce, Finance Division and Ministry of Textile and Industries and directed Ministry of Commerce to give a detailed presentation on the matter of rationalising of prices of locally manufactured cars.

The Ministry of Commerce in its summary to the ECC had requested for approval of certain amendments as per the laid down procedure, as the Prime Minister had already granted approval of the same.

In another summary the Finance Division’s External Finance Wing had sought approval of Equity Investment in Netherlands Remittances of US $ 15 million.

The ECC further approved issuance of government’s guarantee of Rs.1.5 billion for Textile City Limited in Karachi near Port Qasim on the area of 1250 acres.

It is a joint venture of Government of Pakistan and Prime Financial Institute.

For Aaj News updates, follow us on Twitter or join us on Facebook

Story first published: 1st March 2011






This material may not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © Copyright 2013 AAJ NEWS. All rights reserved.