Pakistan, Aug. 14 -- Pakistan will gradually cut tariffs on the auto sector over the next five years and work on a strategy to expand exports, Commerce Minister Jam?Kamal?Khan told industry representatives on Wednesday, as the government seeks to strengthen the local market and boost overseas sales.

Khan met auto industry stakeholders in Islamabad and announced the formation of a committee, comprising officials from the Commerce Ministry, the Federal Board of Revenue and the Ministry of Industries, to address sector challenges. The minister invited the industry to participate in the upcoming industrial policy and said healthy competition was increasing in Pakistan's auto market.

"After tractors and motorcycles, we will now also export c...