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President Zardari Assents to Anti-Dumping Duties Amendment Bill 2025

President Zardari Approves Anti-Dumping Duties Bill 2025

President Asif Ali Zardari has officially approved the Anti-Dumping Duties (Amendment) Bill 2025, which will be effective retroactively from July 1, 2020. The bill, which was passed by both the National Assembly and the Senate, aims to provide legal clarity regarding the imposition of anti-dumping duties on projects funded by Chinese grants.

The decision to introduce this amendment was made during a progress review meeting on Gwadar projects held in October 2022. Authorities agreed that clarification was crucial to streamline trade and duty policies linked to grant-funded infrastructure initiatives, particularly those connected to the China-Pakistan Economic Corridor (CPEC).

Anti-dumping duties are tariffs imposed by the National Tariff Commission (NTC) to protect domestic industries from unfair competition caused by dumped imports. Dumping occurs when foreign companies sell products at below fair value, causing injury to Pakistan’s local manufacturers. Recent actions include a 40.47% duty on Galvalume steel from China to prevent circumvention of previous anti-dumping duties on galvanized steel.

The approval of the Anti-Dumping Duties (Amendment) Bill 2025 marks a significant step in strengthening Pakistan’s trade policies and ensuring fair competition for domestic industries. This move is expected to enhance the legal framework surrounding anti-dumping measures and provide greater protection to local manufacturers.

Read More : President Zardari Signs Bill Criminalizing Child Marriage into Law

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Umair

Umair is an experienced digital media journalist who covers both parliament and breaking news. He reports on culture, politics, technology, and human stories with clarity and depth. His work also includes lifestyle and arts, which makes him a versatile storyteller. He always focuses on accuracy, insight, and meaningful impact.
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Umair

Umair

Umair is an experienced digital media journalist who covers both parliament and breaking news. He reports on culture, politics, technology, and human stories with clarity and depth. His work also includes lifestyle and arts, which makes him a versatile storyteller. He always focuses on accuracy, insight, and meaningful impact.

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