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NEPRA concludes hearing on K-Electric’s End-of-Term Adjustment claims for its MYT 2017–2023
Pakistan

NEPRA concludes hearing on K-Electric’s End-of-Term Adjustment claims for its MYT 2017–2023

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Karachi, May 12, 2026: The National Electric Power Regulatory Authority (NEPRA) concluded a public hearing on K-Electric’s (KE) petition pertaining to End of Term (EoT) adjustments under the approved Multi-Year Tariff (MYT) framework for the control period FY2017– FY2023. The mechanisms for these adjustments were incorporated and approved by NEPRA in MYT determination for the control period FY17-FY23 and Mid-term review determination, which envisaged specific components to be reviewed at the end of the control period through a prescribed regulatory mechanism. During the hearing, KE apprised the Authority that the cumulative EoT adjustment claim amounts to PKR 43.6 billion and includes components relating to the impact of exchange rate variations on the allowed Return on Equity (RoE), investment-related adjustments, and working capital actualization based on actual balances versus projected benchmarks approved under the MYT framework. The utility further informed the Authority that it had also sought approval of pass-through claims relating to taxes paid and claimed strictly in compliance with NEPRA’s MYT determination. KE maintained during the hearing that all submitted claims are fully aligned with the provisions, methodologies, and mechanisms already approved by NEPRA under the MYT framework for FY2017– FY2023.

FBR NGO Registration Rules Get Tougher for Foreign NGOs in Pakistan
Pakistan

FBR NGO Registration Rules Get Tougher for Foreign NGOs in Pakistan

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The Federal Board of Revenue is preparing to tighten the screws on foreign non-governmental organizations operating in Pakistan through stricter FBR NGO Registration Rules that could significantly change how international NGOs enter and function within the country. The proposed amendments to Rule 80 of the Income Tax Rules, 2002, are being viewed as one of the strongest regulatory moves in recent years aimed at improving transparency, documentation, and financial oversight of foreign-funded organizations. The changes are expected to impact dozens of international NGOs currently working in Pakistan as well as new organizations planning to establish operations in the country. FBR NGO Registration Rules Introduce Stricter Documentation Under the proposed framework, foreign NGOs will face a far more detailed registration process before being allowed to operate within Pakistan’s tax system. Authorities now want organizations to submit extensive operational details including taxpayer information, office addresses, accounting periods, contact information, and the exact nature of business activities. The proposed rules also require NGOs to nominate an authorized representative in Pakistan. This representative must be officially empowered through a formal authorization letter to deal with FBR matters on behalf of the organization. The move signals a shift toward tighter monitoring of international entities working inside Pakistan under humanitarian, development, or social welfare programs. Embassy Verification Requirement Raises Compliance Bar One of the biggest changes under the new FBR NGO Registration Rules is the mandatory embassy verification process. Foreign NGOs will now have to provide incorporation certificates or tax registration documents issued in their home countries. These documents must also be authenticated through confirmation letters from relevant embassies. This additional layer of verification is expected to reduce the risk of fake entities, shell organizations, or undocumented foreign operations entering Pakistan’s regulatory system. Tax experts believe the embassy verification clause could become one of the most significant compliance hurdles for international organizations seeking rapid registration approvals. Interior Ministry NOC Now Mandatory Perhaps the most sensitive addition to the proposed rules is the requirement for a No Objection Certificate from the Ministry of Interior and Narcotics Control. Without this NOC, foreign NGOs may not be able to complete the e-enrolment process. In addition, organizations will also need a valid Memorandum of Understanding signed with the Government of Pakistan before obtaining registration approval. Officials believe this measure will improve coordination between federal authorities and international organizations operating across sensitive sectors and regions. The decision also reflects Pakistan’s growing focus on national security-linked compliance and foreign funding scrutiny. FBR NGO Registration Rules Demand Ownership Disclosure The proposed amendments go far beyond basic registration requirements. Foreign NGOs will now be required to disclose complete ownership and governance structures, including details of directors, trustees, partners, and individuals holding 10 percent or more ownership stakes. The information required includes names, nationalities, passport details, and ownership percentages. This marks a major push toward financial transparency and enhanced accountability for international organizations working in Pakistan. Regulators appear determined to bring foreign NGOs under the same compliance lens increasingly applied to corporations and financial institutions. Proof of Physical Presence Required in Pakistan Another important feature of the proposed rules is the requirement for proof of local presence. Organizations must now provide rent agreements, lease documents, and utility bills to demonstrate that they maintain an operational office within Pakistan. Authorities say this requirement is intended to eliminate paper-based registrations and ensure organizations have legitimate physical operations inside the country. Industry observers believe this could especially affect smaller international NGOs that operate remotely or through temporary project offices. Why Pakistan Is Tightening NGO Oversight Government officials say the proposed FBR NGO Registration Rules are part of broader reforms designed to improve documentation, strengthen vetting procedures, and increase financial transparency across Pakistan’s regulatory environment. The initiative also aligns with international compliance standards related to anti-money laundering controls, foreign funding transparency, and organizational accountability. Tax experts note that the changes indicate Pakistan’s intention to create a more controlled and traceable environment for international organizations handling cross-border funding and humanitarian projects. Once finalized after stakeholder consultations and legal review, the amendments will formally become part of Pakistan’s e-enrolment system under the Income Tax Rules, 2002. For foreign NGOs operating in Pakistan, the message is becoming increasingly clear: compliance standards are about to become far stricter than before.

TRG Supreme Court Appeal Ends in Major Blow for Company
Pakistan

TRG Supreme Court Appeal Ends in Major Blow for Company

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The TRG Supreme Court Appeal has ended in a dramatic setback for TRG Pakistan Limited after the Supreme Court of Pakistan dismissed appeals challenging the cancellation of Greentree Holdings’ 30% shareholding in the company. The verdict has triggered serious debate across Pakistan’s corporate and technology sectors. Investors, analysts, and governance experts are now questioning how the ruling could reshape shareholder control, foreign investment confidence, and the future direction of one of Pakistan’s most watched tech-linked firms. The decision also sparked concerns about broader governance risks linked to Pakistan’s business environment at a time when the country is trying to attract international capital into emerging sectors. TRG Supreme Court Appeal Dismissed After Months of Legal Battle According to disclosures sent to the Pakistan Stock Exchange, the apex court dismissed appeals filed by TRG Pakistan Limited, The Resource Group International Limited, and Greentree Holdings Limited. The appeals were filed against a June 2025 ruling by the Sindh High Court that cancelled Greentree Holdings’ 30% stake in TRG Pakistan. In its short order, the Supreme Court stated that all parties had already presented arguments and the petitions were converted into appeals before being dismissed. The ruling instantly became one of the most talked-about corporate legal developments in Pakistan’s capital markets this year. Why the TRG Supreme Court Appeal Matters The significance of the TRG Supreme Court Appeal goes far beyond a courtroom dispute. TRG Pakistan’s most valuable asset is its stake in The Resource Group International Limited, where it reportedly holds nearly 45% voting power. This means any major change in TRG Pakistan’s shareholding structure could directly affect voting control, board influence, and strategic decisions across the wider TRG ecosystem. TRG International warned that the cancellation of Greentree’s shares could materially alter voting dynamics and potentially increase the influence of Zia Chishti within the broader corporate structure. The company described the situation as a possible threat to governance stability and stakeholder confidence. Foreign Investment Concerns Deepen After TRG Supreme Court Appeal One of the strongest reactions came from TRG International, which claimed the ruling could negatively impact perceptions about Pakistan’s investment climate. The Washington-based company stated that nearly $90 million invested into Pakistan through Greentree Holdings now appears at risk. The company further argued that the decision may conflict with established corporate jurisprudence principles and could create uncertainty for foreign investors considering Pakistan’s technology and startup sectors. This concern arrives at a sensitive moment for Pakistan’s economy, where authorities are aggressively seeking foreign direct investment to stabilize growth and support digital transformation initiatives. Market observers believe the case may become a reference point for future debates on shareholder protections and corporate governance standards in Pakistan. Zia Chishti Factor Adds More Drama to TRG Supreme Court Appeal The controversy surrounding Zia Chishti has added another layer of intensity to the legal dispute. TRG International claimed that any renewed association of Chishti with TRG-related entities could create reputational and governance risks for stakeholders and portfolio companies. The company also disclosed that shares held by Chishti in TRG International were placed into receivership earlier this year under an order issued by the Supreme Court of Bermuda. At the same time, TRG International emphasized that it has already implemented multiple governance safeguards to protect its business operations and investment portfolio regardless of developments in Pakistan. TRG Pakistan Reviewing Legal Options After Supreme Court Decision Despite the setback, TRG Pakistan Limited confirmed that it is still reviewing possible legal options with its counsel. TRG International also stated that it is waiting for the court’s detailed reasoning before deciding its next strategic and legal steps. The company maintained that it would continue pursuing all lawful measures to protect its investments, employees, and portfolio companies globally. For investors, however, uncertainty remains high. The case has now evolved from a shareholder dispute into a broader test of investor confidence, governance credibility, and legal predictability in Pakistan’s evolving technology sector. Analysts say the final detailed judgment in the TRG Supreme Court Appeal could become critical for determining the future direction of TRG Pakistan and investor confidence in Pakistan’s corporate landscape.

FCC Lifts Ban on Commercial Use of Residential Plots in Karachi
Pakistan

FCC Lifts Ban on Commercial Use of Residential Plots in Karachi

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The Federal Constitutional Court (FCC) on Tuesday lifted the ban on converting residential plots into commercial and recreational use in Karachi, offering significant relief to builders, developers, and the real estate sector. A bench headed by Justice Aamer Farooq disposed of the long-running case related to illegal constructions in Karachi and withdrew earlier restrictions on changing the status of residential plots for commercial activities. However, the court made it clear that amenity plots such as parks, hospitals, schools, mosques, playgrounds, and graveyards cannot be converted into commercial or residential properties under any circumstances. Court Refuses to Interfere in SBCA Affairs During the hearing, Justice Aamer Farooq observed that the court would not interfere in the operational matters of institutions like the Sindh Building Control Authority. He stated that if any institution violates the law, citizens and affected parties can approach the relevant legal forum or the high court for relief. “If any institution violates the law, the relevant forum or the high court can be approached,” the judge remarked during proceedings. Justice Farooq further said that parties dissatisfied with high court decisions also retain the right to file appeals. FCC Emphasizes Enforcement of Existing Laws The court noted that suo motu powers no longer exist in their previous form and stressed that existing laws already provide mechanisms to address illegal constructions and building regulation violations. “We expect town planning institutions to work in good faith,” Justice Farooq stated. The bench also clarified that earlier Supreme Court observations regarding plot category conversions would not obstruct the functioning of relevant authorities responsible for urban planning and approvals. Meanwhile, Justice Arshad Hussain warned that officials violating the law would face legal consequences. “Courts cannot make laws; they can only ensure their implementation,” Justice Aamer Farooq added. Background of the Karachi Plot Conversion Dispute The issue of commercial activities on residential plots has remained controversial in Karachi for years. Critics argued that unchecked commercialization damaged residential neighborhoods, worsened traffic congestion, and burdened civic infrastructure. Last year, the Sindh Building Control Authority withdrew a notification that had permitted commercial activities on residential plots across Karachi. The move came during proceedings in the Sindh High Court, where a petition had challenged the Sindh government’s decision to legalize commercial use of residential properties. The petition was filed by Jamaat-e-Islami Karachi through City Council opposition leader Saifuddin Advocate along with nine town chairmen. During the hearing, SBCA Director General Ishaq Khoro informed the court that the March 13 notification allowing commercial activities on residential plots had already been withdrawn. After the submission, the Sindh High Court disposed of the petition. Builders and Developers Expected to Benefit The latest FCC decision is expected to benefit Karachi’s construction and real estate sectors, where developers have long sought flexibility in land usage policies. Industry experts believe the ruling could increase commercial investments in residential areas, especially along major roads and densely populated neighborhoods where commercial demand remains high. At the same time, urban planning experts warn that authorities must strictly protect amenity spaces and enforce zoning laws to prevent further pressure on Karachi’s already strained infrastructure. The ruling is likely to trigger renewed debate between developers, city planners, and residents over the future of Karachi’s urban development policies.

Lakki Marwat Blast Kills Nine, Including Two Traffic Police Officials
Pakistan

Lakki Marwat Blast Kills Nine, Including Two Traffic Police Officials

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At least nine people, including two traffic police officials, were martyred and 23 others injured in a powerful explosion in Sarai Naurang tehsil of Lakki Marwat on Tuesday, according to police officials. Authorities said a loader rickshaw carrying explosives detonated in a crowded market during rush hour, causing widespread destruction and panic in the area. The blast ripped through nearby shops and vehicles, leaving several people trapped under debris moments after the explosion. Rescue Teams Shift Injured to Hospital Rescue officials from Rescue 1122 rushed to the site immediately after the blast and launched rescue operations. The dead and injured were shifted to Naurang Hospital, where emergency measures were imposed to handle the influx of victims. Sources at the hospital said several injured people remained in critical condition, raising fears that the death toll could increase further. Police said local residents also gathered in large numbers at the hospital to donate blood and assist rescue workers during the emergency. Police Launch Investigation Security forces and Bomb Disposal Squad personnel cordoned off the blast site soon after the incident and began collecting evidence. Investigators are examining the nature of the explosives and possible motives behind the attack. Authorities have not yet confirmed whether the explosion was a suicide attack or a remotely detonated device. The latest attack has once again highlighted growing security concerns in southern districts of Khyber Pakhtunkhwa, where militant violence has intensified in recent months. Bannu Attack Raised Security Tensions The Lakki Marwat blast came days after a deadly vehicle-borne improvised explosive device attack targeted the Fateh Khel police post in Bannu. In that attack, at least 15 policemen were martyred while four others, including a civilian, sustained injuries. Following the Bannu bombing, the Foreign Office of Pakistan summoned the Afghan Charge d’Affaires and lodged a strong protest with the Afghan Taliban administration. According to an official statement, Pakistan conveyed serious concerns over the “cowardly vehicle-borne IED attack” allegedly carried out by militants belonging to Fitna-al-Khawarij on May 9, 2026. The Foreign Office stated that investigations and technical intelligence suggested that the attackers involved in the Bannu incident were operating from Afghan territory. Pakistan Warns Over Use of Afghan Soil Pakistan reiterated its long-standing concern regarding the use of Afghan soil by militant groups to carry out attacks inside Pakistan. The Foreign Office informed Afghan authorities that Pakistan reserves the right to respond decisively against individuals and groups responsible for terrorism targeting Pakistani security forces and civilians. Security analysts believe the recent wave of attacks in Khyber Pakhtunkhwa reflects the growing challenge faced by law enforcement agencies amid increasing militant activity near the border regions. Meanwhile, security across sensitive areas in Lakki Marwat and surrounding districts has been tightened following Tuesday’s explosion. Authorities said investigations are ongoing and further details regarding the attackers and the nature of the explosives would be shared after forensic analysis.

IMF Urges Pakistan to Tighten Real Estate Transaction Monitoring Amid Money Laundering Concerns
Pakistan

IMF Urges Pakistan to Tighten Real Estate Transaction Monitoring Amid Money Laundering Concerns

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The International Monetary Fund (IMF) has urged Pakistan to strengthen monitoring of suspicious financial activities in the real estate sector while improving coordination among institutions to curb money laundering and misuse of legal entities. According to a report, the IMF expressed concern over the low number of Suspicious Transaction Reports (STRs) generated by designated non-financial businesses and professions (DNFBPs), especially in the real estate sector, where untaxed and undocumented money is widely believed to be invested. The development came after the IMF approved the release of the fourth tranche worth $1.1 billion to Pakistan under the Extended Fund Facility (EFF). IMF Raises Concerns Over Real Estate Sector Official sources said the IMF observed that Pakistan’s real estate sector remains vulnerable to money laundering risks due to weak reporting mechanisms and limited compliance from property-related businesses. The Federal Board of Revenue (FBR) recently conducted raids on two major housing societies over allegations of concealing sales and hiding income. However, authorities have not yet disclosed how much evidence was collected during the operations. The IMF reportedly questioned the effectiveness of the existing monitoring system established for DNFBPs. Under this framework, real estate businesses are required to report suspicious financial activities to the Financial Monitoring Unit (FMU), similar to the reporting obligations imposed on banks. Despite these regulations, the number of STRs submitted by the sector remained significantly low. Government Promises AML Reforms Pakistani authorities informed the IMF that the government remains committed to strengthening Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures. Officials shared updates regarding the National Risk Assessment (NRA) and coordination efforts with the National AML/CFT Authority. The government also pledged to improve the accuracy of beneficial ownership information, particularly within the Securities and Exchange Commission of Pakistan’s (SECP) central registry. The move aims to prevent the misuse of companies and legal entities for illegal financial activities. Sources said the Directorate General of DNFBPs, the FBR, real estate agents, and the FMU would work together to improve suspicious transaction reporting through reforms, registration requirements, and stronger reporting frameworks. IMF Flags Trade-Based Money Laundering Risks Apart from the property sector, the IMF also highlighted concerns regarding trade-based money laundering (TBML), which has become an increasing challenge for Pakistan’s financial system. During the third review talks, the IMF asked Pakistani authorities to improve monitoring of import payments, customs declarations, and foreign exchange transactions. The State Bank of Pakistan (SBP) informed the IMF that it had already introduced a framework in August 2025 to help authorised dealers identify and monitor TBML-related risks in customers and transactions. Officials said the FMU has been sharing financial intelligence with relevant agencies, including customs authorities, to strengthen enforcement actions. Going forward, Pakistan and the IMF agreed to improve inter-agency data sharing related to customs data, forex reporting, and import payments to reduce the risk of illegal money flows through trade channels. IMF Reviews Banking Sector Risks The IMF also reviewed the condition of Pakistan’s banking sector and discussed the issue of non-performing loans (NPLs). Pakistani authorities informed the IMF that the ratio of NPLs declined to 6.1% by the end of 2025. Commercial banks have also submitted plans aimed at reducing bad loans and improving financial stability. The SBP assured the IMF that it would continue monitoring banks closely and take immediate supervisory action if any institution faced capital shortages. Officials further disclosed that one private bank had been identified as undercapitalised in March 2025. The SBP implemented a multi-step recapitalisation plan, and the bank is now fully compliant with regulatory requirements. The central bank also committed to ensuring that all financial institutions maintain adequate capital buffers to protect the stability of the banking system. Pakistan Faces Pressure for Financial Transparency The IMF’s latest observations reflect increasing international pressure on Pakistan to improve financial transparency and strengthen anti-money laundering mechanisms. Experts believe the real estate sector has long remained one of the least documented segments of Pakistan’s economy, often criticised for facilitating tax evasion and undocumented investments. The government now faces the challenge of implementing stricter oversight measures while ensuring coordination among regulatory institutions to satisfy IMF conditions and maintain investor confidence.

Pakistan, Turkmenistan Discuss Trade Connectivity, Energy Cooperation and Regional Economic Collaboration
Pakistan

Pakistan, Turkmenistan Discuss Trade Connectivity, Energy Cooperation and Regional Economic Collaboration

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ISLAMABAD, May 12: Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with Ambassador of Turkmenistan to Pakistan, H.E. Atadjan Movlamov, to discuss bilateral trade enhancement, regional connectivity, energy cooperation, and strengthening institutional engagement between the two brotherly countries. During the meeting, both sides exchanged views on the growing importance of regional trade corridors, logistics cooperation, and improving commercial connectivity between Pakistan and Central Asian states. Discussions focused on expanding trade routes, facilitating smoother movement of goods, and enhancing direct interaction between the business communities of both countries. Federal Minister Jam Kamal Khan highlighted Pakistan’s strategic geographic position as a natural gateway connecting Central Asia with regional and international markets through Pakistan’s seaports. He observed that evolving regional dynamics and changing global supply chain patterns have further increased the importance of Pakistan’s connectivity and logistics potential. The Minister emphasized that stronger economic integration, efficient transportation linkages, and enhanced business-to-business engagement can unlock significant trade opportunities for both countries. He also underlined the importance of organizing business forums, exhibitions, and institutional interactions between chambers of commerce to promote direct engagement between private sectors. Ambassador H.E. Atadjan Movlamov appreciated Pakistan’s positive approach towards regional trade facilitation and connectivity initiatives. He reaffirmed Turkmenistan’s interest in expanding bilateral economic cooperation and strengthening commercial and transport linkages with Pakistan. Both sides also discussed prospects for cooperation in the energy sector, including regional energy connectivity and future infrastructure collaboration aimed at promoting long-term regional economic integration and stability. The meeting further reviewed various areas of mutual economic interest and emphasized the importance of continued diplomatic engagement, institutional coordination, and high-level exchanges to further strengthen Pakistan-Turkmenistan relations. Both sides expressed confidence that enhanced cooperation in trade, energy, logistics, and private-sector engagement would open new avenues for economic partnership between the two countries.

Hub industrial zone in shock as factory manager killed
Pakistan

Hub industrial zone in shock as factory manager killed

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KARACHI, Monday, May 11, 2026- Lasbela Chamber of Commerce & Industry (LCCI) has strongly condemned the murder of a factory manager at Sera-e-Noor Factory in Hub Industrial Area, who was shot dead by unidentified assailants, and has called on the provincial government and law-enforcement agencies to arrest the perpetrators without delay. The LCCI president and executive committee, in a statement issued on Monday, expressed deep grief and shock over the killing, warning that such incidents generate a pervasive sense of fear and insecurity among industrialists, investors, management staff, workers and all others associated with industrial activity in the region. “While the exact motive behind the attack is yet to be established, the incident raises serious and troubling questions about the state of law and order within the industrial zone,” the statement read. The Chamber extended heartfelt condolences to the bereaved family and appealed to the Chief Secretary Balochistan, Inspector General of Police Balochistan, Senior Superintendent of Police Hub, Frontier Corps authorities and all relevant law-enforcement agencies to take immediate and effective measures to bring the culprits to justice at the earliest. Ismail Suttar, former president of the LCCI and chairman of its Law and Order Committee, reiterated his longstanding proposal for the establishment of a dedicated, professionally trained industrial security force for the Hub Industrial Trading Estate (HITE). He said such a force must be equipped with modern surveillance infrastructure, rapid-response capability, effective patrol mechanisms and strict monitoring of all entry and exit points to prevent unauthorized access to the industrial zone. The Chamber stressed that urgent and tangible measures are essential to restore the confidence of industrialists and the thousands of workers employed across Hub Industrial Area. The LCCI also reaffirmed its full commitment to cooperating with the administration and law-enforcement bodies in maintaining peace and security across the region. “Economic stability and investor confidence are directly linked to a safe and secure business environment. Without the restoration of law and order, neither investment nor development can be sustained,” the Chamber cautioned.

National Steel Complex Delegation Meets Commerce Minister to Resolve Double Taxation in Export Processing Zones (EPZs)
Pakistan

National Steel Complex Delegation Meets Commerce Minister to Resolve Double Taxation in Export Processing Zones (EPZs)

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ISLAMABAD: A delegation of National Steel Complex Limited met Federal Minister for Commerce Jam Kamal Khan to discuss issues relating to industrial competitiveness, tariff rationalization, value-added manufacturing, and operational challenges being faced by the steel and engineering sectors. During the meeting, the delegation briefed the Minister on concerns arising from the existing duty structure applicable to raw materials, intermediate goods, and products processed through Export Processing Zones (EPZs). Representatives explained that industries importing raw materials into the tariff area are required to pay customs duties at the import stage, while additional duties are again imposed when processed or value-added products return from EPZs to the tariff area. The delegation informed the Minister that the current mechanism effectively results in double taxation on industrial products and increases the cost of manufacturing, particularly for industries involved in machining, lining, coating, fabrication, and other value-added industrial activities. They proposed that duties should only apply to the additional value created within the EPZ instead of the total value of the finished product. Participants also highlighted technical complexities related to customs valuation, classification of processed products, and determination of value addition during industrial processing. They emphasized the need for transparent and practical mechanisms to facilitate genuine industrial activity while ensuring regulatory compliance. During the discussion, it was clarified that NTC primarily functions as a technical body on tariff-related matters, providing analytical and advisory support regarding tariff structures and trade remedy measures. The Commission is responsible for implementing trade protection instruments, including safeguards against unfair trade practices by foreign exporters to protect local manufacturers. Matters relating to customs valuation, industrial costing, regulatory enforcement, and sector-specific compliance fall within the respective mandates of relevant authorities such as FBR, Ministry of Industries, and other concerned regulatory bodies. The delegation further apprised the Minister of the challenges being faced by long-term industrial projects due to rising energy costs, evolving tariff structures, and changing economic conditions. Participants observed that several projects were initiated under significantly different economic and industrial circumstances, while current operational realities have increased financial pressures on manufacturers. Federal Minister for Commerce Jam Kamal Khan acknowledged the concerns raised by the delegation and emphasized that the government remains committed to supporting industrial development, export-oriented manufacturing, and value addition in Pakistan. The Minister observed that policymaking should remain practical and responsive to the realities of industrial operations. He stated that the government values the technical expertise and practical experience of industrial stakeholders in identifying workable and legally sustainable solutions for the sector. Jam Kamal Khan directed the relevant authorities to continue consultations with stakeholders, including EPZA, customs authorities, tariff experts, and industry representatives, to examine the matter comprehensively and explore mechanisms that facilitate industrial growth while maintaining transparency and regulatory compliance. The meeting also included discussions on industrial preparedness, machinery procurement, contractor coordination, and institutional facilitation required for the smooth implementation and expansion of industrial projects in the country.

Pakistan Dairy Sector Now Produces International Standard Value Added Products for Exports, CDFA
Pakistan

Pakistan Dairy Sector Now Produces International Standard Value Added Products for Exports, CDFA

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ISLAMABAD: Representatives of the Corporate Dairy Farmers Association called on Federal Minister for Commerce Jam Kamal Khan and briefed him on the progress, investment potential, and future expansion plans of Pakistan’s dairy and livestock sector, while appreciating the government’s continued engagement with the formal dairy industry. During the meeting, the delegation highlighted the transformation taking place in Pakistan’s corporate dairy sector through modern breeding, artificial insemination, scientific herd management, and advanced milk handling systems. The participants informed the Minister that commercial dairy farms are now producing high-quality milk under international standards, enabling the production and export of value-added dairy products, including cheese and processed dairy items. The delegation noted that the formal dairy sector has contributed significantly towards import substitution, employment generation, and the development of veterinary and technical expertise in Pakistan. They also highlighted the introduction of modern equipment, imported genetics, and international best practices from countries including Australia, the United States, Canada, and Europe, which have improved productivity and quality standards across the industry. Speaking on the occasion, Federal Minister for Commerce Jam Kamal Khan emphasized that Pakistan’s dairy and livestock sectors possess immense untapped potential and require long-term financing models and investment-friendly policies to achieve large-scale growth. The Minister observed that affordable financing and easier access to capital were essential for enabling businesses to expand operations, adopt modern technology, and improve export competitiveness. He stated that with better financing mechanisms, Pakistan’s dairy sector could significantly increase productivity, value addition, and exports. Jam Kamal Khan further remarked that the major challenge facing businesses was often related to implementation and enforcement rather than policy formulation itself. He noted that the government was committed to improving coordination, facilitation, and implementation mechanisms to strengthen formal economic activity and create a more conducive business environment. He emphasized that enhanced collaboration between the government and private sector would help unlock further opportunities for exports, food security, and sustainable agricultural growth. The Minister also appreciated the role of corporate dairy farms in introducing scientific farming practices, veterinary services, and modern livestock management systems in Pakistan. The meeting also discussed opportunities for diversification into camel milk farming and other livestock-related industries. Jam Kamal Khan noted that several regions of Pakistan are naturally suitable for camel farming and modern dairy projects, and stressed the importance of exploring new avenues for investment and export-oriented growth. At the conclusion of the meeting, the Minister invited the association to submit detailed proposals and recommendations regarding taxation, financing, exports, vaccines, and sectoral development so that the matters could be reviewed in consultation with relevant ministries and stakeholders during upcoming policy and budget discussions. The Minister reaffirmed the government’s commitment to supporting Pakistan’s dairy and livestock sectors through policy facilitation, investment promotion, value addition, and measures aimed at enhancing exports and sustainable economic growth.

The Boardroom PK delivers trusted business news, analysis, and insights from Pakistan and beyond, keeping readers informed, inspired, and ahead in the evolving world of business and leadership.

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