Pakistan, Oct. 26 -- Prime Minister Shehbaz Sharif has established eight specialised business-led working groups aimed at overhauling Pakistan's economic and trade policies to boost competitiveness and attract investment. The initiative, announced after a high-level meeting with top business leaders, seeks to bridge gaps between government institutions and the private sector through evidence-based, sector-specific policy reforms. Each group will focus on removing key obstacles hindering growth, with special emphasis on trade facilitation, customs modernization, and tariff restructuring.

At the heart of this new policy drive is the Customs, Trade, Tariffs and Dumping Working Group, which will serve as the central pillar of the reform stra...