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Pakistan Amends Import Policy, Relaxes Restrictions On Import Of Used Cars

ISLAMABAD: The Ministry of Commerce on Thursday amended the Import Policy 2022 to relax the restrictions imposed on the import of used and unregistered cars. According to detail, the government has allowed the import of used cars having a mileage of 2,000 kilometers against the previous policy that only allowed the import of cars having up to 500 kilometers of mileage. According to the new and amended import policy, those cars having mileage up to 2,000 kilometers could also be considered as “new”, and could be imported. It is pertinent to know that imports have a significant impact on the…