In a major move to strengthen formal trade with Iran, Pakistan’s Ministry of Commerce has exempted 57 items from the Certificate of Origin (COO) requirement. The decision fulfils a long-standing demand of the business community and marks a key step toward boosting cross-border commerce.
The announcement came during a virtual meeting of the Special Investment Facilitation Council (SIFC) with private sector representatives. Member Customs Policy Ashhad Jawad chaired the session, which also included officials from the State Bank of Pakistan, Federal Board of Revenue, Ministry of Commerce, and the Quetta Chamber of Commerce and Industry (QCCI).
Speaking at the meeting, Ashhad Jawad said the government aims to promote legal and structured trade with Iran. He explained that easing COO requirements will simplify export procedures, reduce delays, and help strengthen bilateral trade. Moreover, he noted that the step aligns with broader reforms designed to boost economic growth through formal trade channels.
QCCI President Muhammad Ayub Mariani praised the decision, saying the chamber had repeatedly highlighted the problems caused by mandatory COO and Electronic Import Form (EIF) conditions. He described the exemption as “business-friendly” and urged traders to take advantage of the policy to expand exports, especially from Balochistan.
In addition, Mariani revealed that QCCI has sent a second list of 37 more items for potential exemption. He expressed confidence that authorities would approve it soon. Officials believe this new policy will reduce documentation hurdles, enhance efficiency, and encourage greater participation in formal trade across the Pakistan-Iran border.
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