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COMMERCE AND TRADE GROUP

EducAds
COMMERCE AND TRADE GROUP

• Trade: The main aim is to buy and sell (on domestic or international markets) of goods and services

• Commerce: The main aim is to supply commodities and services to a market.

• On a general level… the words are used as Synonyms… But if we go into the detail of it… Commerce largely deals with ensuring commodities and services are available in the market… This is achieved by conducting trade… so in a way.. trade is a subset of commerce…

Historical Background

• The Trade Service of Pakistan, created in 1967, was replaced by the Commerce & Trade Occupational Group in 1973, as a result of Administrative Reforms

• It was a specialized cadre with the mandate to promote exports, manage imports and develop Pakistan’s international trade.

• Its objectives included the development of a professionally competent and trained officers’ cadre which could manage trade on technically proficient lines.

MISSION STATEMENT OF Ministry Of Commerce

Contributing to the national economy through trade liberalization and facilitation, improving export competiveness and reducing cost of doing business. 

Aim to achieve higher market access for Pakistani products in existing markets as well as new markets with ultimate aim of improving quality of life of the people of Pakistan 

Ministry Of Commerce CHARTER

Under the Rules of Business 1973, Commerce Division is assigned the following functions:

• Imports and exports across custom frontiers
• Export promotion
• Commercial intelligence and statistics
• Tariff policy and its implementation
• Anti-dumping duties, countervailing duties and safeguard laws
• Inter-Provincial trade
• Domestic Commerce
• Organization and control of Chambers and trade associations
• Law of Insurance and regulation and control of Insurance companies
• Administrative Control of Attached Departments/Organizations
• Selection of Trade Officers for posting in Pakistan’s Missions abroad


Cadre Strength 

Training and Orientation

• 8 months specialized training for Grade 17 officers at the Pakistan Institute of Trade and Development, formerly, Foreign Trade Institute of Pakistan, Islamabad

• Core subjects:

• Extensive Field visits & Foreign training for two weeks in Malaysia

WINGS/FUNCTIONS

Work is Distributed amongst the following Wings:

  1. Administration
  2. World Trade Organization (WTO)
  3. Foreign Trade (I, II & III)
  4. Exports
  5. Imports
  6. International Trade Organizations
  7. Insurance
  8. Domestic Commerce


AFFILIATED DEPARTMENTS/ORGANIZATIONS

• Trade Development Authority of Pakistan (TDAP)
• Trading Corporation of Pakistan (TCP)
• National Tariff Commission (NTC)
• Foreign Trade Institute of Pakistan (FTIP)
• Directorate General of Trade Organizations (DGTO)
• Pakistan Tobacco Board (PTB)
• State Life Insurance Corporation of Pakistan (SLIC)
• Pakistan Re-Insurance Company Ltd (PRCL)
• National Insurance Company Ltd (NICL)
• Pakistan Institute of Fashion and Design

TRADE MISSIONS

• Ministry of Commerce has 40 Trade Missions abroad and 57 officers
• One independent Mission headed by Ambassador and supported by four Trade Officers/Diplomats at Geneva (WTO Mission)
• Europe has 11 Missions and 17 Officers
• Asia has 14 Missions and 19 Trade Officers
• America has 5 Missions and 10 officers
• Middle East has 3 Missions and 5 officers
• Africa has 5 Missions and 5 Offices
• Australia has 1 Office, Consul General Sydney

PAKISTAN’S MISSIONS ABROAD

* Not yet operational

Foreign Trade Institute of Pakistan since January 2009

PAKISTAN INSTITUTE OF TRADE AND DEVELOPMENT


• Established in 1989 as a Specialized Training Institute

• Present Training Programs:-

• New Role: Policy Think Tank of Government of Pakistan on International Trade:-


FUTURE OF THE SERVICE?

THE SERVICE WHICH WOULD HELP PAKISTAN GET A BETTER DEAL FROM TRADE RELATED GLOBALIZATION WOULD BE THE SERVICE OF THE FUTURE

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