Responding to approaches made by the Pakistan Tanners Association (PTA), the Commerce Ministry said earlier this week it would be seeking ‘substantial reductions’  if not the complete abolition of the relevant tariffs with the US, China, Korea, Belgium and Japan.  Currently, Belgium imposes a 20% duty on finished leather from the country, Korea 10%, Japan 6.9%, China 27% and the US 2.47%. Other importing nations benefit from lower tariffs because of various trade agreements, the ministry said.

Share this story: