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Reading: Pakistan may slash ‘sensitive list’ for LDCs under Safta agreement
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PhotoNews Pakistan > Business > Pakistan may slash ‘sensitive list’ for LDCs under Safta agreement
Business

Pakistan may slash ‘sensitive list’ for LDCs under Safta agreement

Web Desk
By Web Desk Published August 3, 2014 1 Min Read
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Pakistan has offered to open up its border for trade with the least developed countries (LDCs) of South Asia, the commerce minister said yesterday.

Pakistan has already reduced its sensitive list of 1,169 items to 936 for all Saarc countries. The items placed on the sensitive list with every country were not offered for reduction in customs duties.

A source in the ministry said the country may reduce its sensitive list for the LDCs — Bhutan, Maldives, Nepal and Afghanistan — to near zero items. However, some items would remain on the list to protect local industries.

India has also reduced the list for the LDCs to 25 items.

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