IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Jan 2011 | Removal date: open ended
Still in force

Other export incentive

On 20 January 2011, the State Bank of Pakistan issued Circular No. 02 (2011) notifying the inclusion of the Glass sector in the list of sectors eligible under the Long Term Financing Facility (LTTF) for Plant & Machinery. Under the facility, banks provide long-term credit for the purchase of new imported/locally manufactured plant, machinery and equipment for export-oriented projects in the eligible sectors.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

371 Glass & glass products
7010 Carboys, bottles, flasks, jars, pots, phials, ampoules and other containers, of glass, of a kind used for the conveyance or packing of goods; preserving jars of glass; stoppers, lids and other closures, of glass.
701090 Other

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