The government is considering a proposal to ‘renegotiate’ existing agreements with foreign partners to permit export of cars and tractors from
Similarly, official sources told Dawn on Monday the government was contemplating another proposal, submitted by a group of experts, to encourage tripartite partnership amongst foreign investors, technology partners and local industrialists with assured work load.
But they urged the government to improve the country’s image in terms of law and order situation, environment, security, trained labour force, and cost of doing business.
These proposals were contained in the draft of "Technology - Based Industrial Vision and Strategy for
Talking about the globalisation, the draft, a copy of which was also made available to Dawn, said that there was a need for relocation of industries from industrial countries to
The government was also urged to make Saarc and Economic Cooperation Organisation (ECO) effective trade blocs.
It was advised to bridge the widening technological gap with the developed countries through invigoration of engineering industry by providing conducive environment including the required technological, financial and physical infrastructures, and creating a seamless integration with emerging trends of global production systems.
About the policy framework, the government was advised to formulate a long-term industrial policy with the consultation of stakeholders to avoid sadden business shocks.
The draft believes there is need to reform taxation system to ensure effective implementation of research and development tax benefits and timely tax refunds and that there is need to remove discrepancies/anomalies of preferential treatment of duty-free imports of products, particularly for infrastructure projects.
http://www.dawn.com/2006/09/12/ebr1.htm
