The import of gold for export of jewellery has been restored by the Ministry of Commerce. The new procedure has been issued vide SRO – 760 (I) /2013 dated September 2, 2013, the same has been hosted on the web site of Ministry of Commerce / Trade Development Authority of Pakistan. It may be recalled that the import of Gold under the defunct SRO 266 was temporarily suspended for a month with effect from 1st August, 2013 as per the directives of the Economic Coordination Committee (ECC). The chairman of ECC/Finance Minister had assured the traders that he would reopen the import in a month after revamping SRO-266 in order to minimize misuse. As per Finance Minister’s promise, the restoration of import under the revised scheme has already been issued by Ministry of Commerce within stipulated time.
Ban on gold imports lifted
