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Counter tariffs not an option for country: Pakistan Business Council

26 10
06.04.2025

KARACHI: Multinational companies operating in Pakistan offer divergent views as some see a 29 per cent reciprocal tariff imposed by the United States as an opportunity, while others believe that counter-tariffs are not an option for Pakistan.

Overseas Investors Chambers of Commerce and Industry (OICCI) Secretary General and Chief Executive M. Abdul Aleem said “the 29pc tariff for Pakistan is still lower than many other regional countries. So it is an opportunity rather than a threat for Pakistani exporters who are willing to change their business practices.”

For one, Pakistan has the opportunity to be a conduit to........

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