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Ministry of Energy (Petroleum Division) submitted a summary on amendments in LNG policy 2011 for exemption from mandatory Third-Party-Access (TPA) to new LNG Terminals. Further the ECC recommended release of those held up consignments arrived after 30th June up to 31st July, 2022 with payment of surcharge. Owing to serious concerns raised by trading partners on the imposition of ban and considering the fact that the ban has impacted supply chains and domestic retail industry, the ECC decided that ban may be lifted on all the items. It was submitted that a ban was imposed on import of about 33 classes/categories of goods covering more than 860 products/tariff lines on 19th May, 2022. Ministry of Commerce presented a summary on prohibition/complete quantitative restrictions on import of non-essential and luxury items. Bilal Azhar Kayani, Coordinator to PM on Commerce & Industry Rana Ihsan Afzal, Chairman FBR, Chairman OGRA, Federal Secretaries and senior officers attended the meeting. Aisha Ghous Pasha, Coordinator to the PM on economy Mr. Miftah Ismail presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division today.įederal Minister for Commerce Syed Naveed Qamar, Federal Minister for Industries & production Makhdoom Syed Murtaza Mehmood, Minister of State for Finance and Revenue Dr.
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Minister for Finance and Revenue chaired a meeting of ECCįederal Minister for Finance and Revenue Mr.