The Federal Minister for Finance, Revenue, and Economic Affairs presided over a meeting of the Economic Coordination Committee (ECC)
The meeting was attended by the Minister for Commerce, Industries, & Production, Mr. Gohar Ijaz, Minister for Privatisation, Mr. Fawad Hassan Fawad, Minister of Planning, Development and Special Initiatives Mr. Sami Saeed, Minister for Power & Petroleum, Mr. Muhammad Ali, Advisor to PM on Finance, Dr. Waqar Masood, Deputy Chairman Planning Commission, Mr. Muhammad Jahanzaib Khan, Chairman SECP, Federal Secretaries, and other senior government officials of the relevant ministries.
The meeting considered summaries submitted by the Ministry of Commerce and Ministry of Energy.
The ECC considered the summary submitted by Ministry of Commerce regarding “Updation of HS Codes in the Import and Export Policy Orders 2022” and gave consent for the proposed amendments in PCT codes in the IPO 2022 and EPO 2022.
A summary submitted by the Ministry of Energy regarding measures to meet requirement of Urea fertilizers for Rabbi Season 2023-24 was also considered by the forum. After detailed discussion the ECC decided that uninterrupted gas supply will continue for Fatima Fert and Agritech Plants to ensure sufficient supply of urea fertilizer.
Editor: Raja Kamran