3. Trade Policy Measures

  • Customs Act being amended to enable proper checks of imports under Free Trade Agreements (FTAs). Rules of Origin requirements to be reviewed for certain sensitive items. Provisions relating to safeguard duties to be strengthened to enable regulating such surge in imports in a systematic way.
  • The provisions for checking dumping of goods and imports of subsidized goods are also being strengthened for ensuring a level playing field for domestic industry. These changes are in line with the international best practices.
  • Suggestions for reviews of exemptions from customs duty to be crowd-sourced.
  • Anti-dumping duty on (Preferential Trade Agreements) PTA abolished to benefit the textile sector.