Safta
1,183 items on Pakistan sensitive list
Star Business Report
Pakistan commerce ministry has decided to maintain a sensitive list of Pakistan containing 1,183 items on which it will not allow any tariff concession to other contracting states of Saarc under the South Asia Free Trade Area (Safta) agreement, reported Pakistan's the Daily Times on Wednesday.However, the ministry has informed the government that the sensitive list of Pakistan could undergo certain changes for the reasons: the list if revised would be resubmitted to the cabinet for approval before July 1, 2006. According to the Pak paper, the sensitive lists of all the contracting states of Safta will be reviewed after every four years or earlier as may be decided by the Safta Ministerial Council established under Article 10 with a view to reducing the number of items in the sensitive lists.
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