Strategic Trade Policy Framework 2012-2015.

The Strategic Trade Policy Framework main goals of STPF 2012-15 are: make export sector as an engine of growth; enhance Pakistan’s export competitiveness in short as well as long term; increase Pakistan’s cumulative exports to $ 95 billion during 2012-15; strengthen different aspects of Pakistan’s export competitiveness directly or indirectly. To offset the increasing cost of utilities, non-textile exporting sectors will be provided ad-hoc relief 3% of FOB, in order to stay in the export business. The sectors are Fish and Fish Preparations, Processed Foods, meat products and its preparation, etc.
The following are the principal elements of STPF 2012-2015: focus on Regional Trade; create Regulatory Efficiency; promote Agro-processed exports; increase exports from less developed Regions of Pakistan; promote exports of Services Sector; enhance access to export financing and credit guarantees; revamp Export Promotion Agencies; mobilize new investment in export oriented industries; facilitate Exporting industry overcome energy crisis; enhance Product and Market Development and Diversification; undertake effective Trade Diplomacy; increasing Green Exports; rationalize the Tariff Protection Policy; enhance Role of Women in Exports; reform and Develop Domestic Commerce.
Ministry of Commerce, would adopt the following guiding principles, to create a competitive environment that caters for the dual aspects of providing a level playing field for the domestic industry as well as consumer welfare: promoting competitive markets in Pakistan; ensuring conformity to international agreements and practices; promote domestic and foreign investment; create level playing field for Pakistani firms in international as well as domestic markets; due consideration to consumer welfare; catering to the changing needs of Pakistan’s economy; create an enabling environment to pursue the legitimate goal of Industrialization in Pakistan.