Manufacturers of tile, glass oppose import duty cuts

💰 Ekonomi 📰 Dawn (PK) 🕐 7 saat önce
Manufacturers of tile, glass oppose import duty cuts

ISLAMABAD: The ceramic tiles and glass industries have expressed concern over proposed duty cuts on imports of ceramic tiles and glass products. Talking to a selected group of journalists on Saturday, Atif Iqbal, Secretary General of the All Pakistan Ceramic Tiles Manufacturers Association (APCTMA), said that as the Federal Budget 2026-27 approaches, stakeholders of Pakistan’s ceramic tiles industry have urged policymakers to protect domestic manufacturing from premature tari

Pakistan's ceramic tile and glass manufacturers are urging the government to reconsider proposed reductions in import duties. Both the All Pakistan Ceramic Tiles Manufacturers Association (APCTMA) and the Pakistan Glass Manufacturers Association (PGMA) have voiced strong opposition to tariff cuts outlined in the National Tariff Policy 2025-30. They argue that such measures, particularly as the Federal Budget 2026-27 approaches, would severely harm domestic production.

Industry leaders highlight that both sectors are already struggling, operating at significantly reduced capacity due to economic challenges like high energy costs, financing rates, and taxation. They fear that lowering import duties on finished products would lead to unfair competition from foreign manufacturers and potentially force local businesses to close down.

The opposition from domestic manufacturers highlights the delicate balance between trade liberalization and protecting local industries from economic shocks and foreign competition.

#finance#investment#app#government#war

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