Ministry of Commerce (Pakistan)
| وزارت تجارت | |
Seal of Government of Pakistan
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| Agency overview | |
|---|---|
| Formed | August 14, 1973 |
| Jurisdiction | Pakistan |
| Headquarters | Islamabad, Pakistan |
| Agency executives |
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| Website | Official Website |
The Ministry of Commerce (Urdu:وزارت تجارت); reporting name: MoCom, is a Cabinet-level ministry of Government of Pakistan concerned with the growth of national economic growth and commerce development and promotion. It is governed by public appointed Commerce minister, who is required to be the member of Parliament of Pakistan. It also consists of bureaucratic staff, and its current government appointed Bureaucratic officer is Mr. Munir Qureshi. The ministry is headquartered in Cabinet secretariat, Islamabad capital venue.
The Trade Development Authority of Pakistan (TDAP) was established in 2006. TDAP is the successor organization to the Export Promotion Bureau (EPB) and is mandated to have a holistic view of global trade development rather than only the ‘export promotion’ perspective of its predecessor. It is designated as the premier trade organization of the country.
Trading Corporation of Pakistan (TCP) is the principal trading arm of the Government of Pakistan. Established as an international trading house in 1967, the Corporation has gradually moved from barter, through commodity exchange to cash trade. TCP undertakes import of essential commodities to help ensure their availability to the common man at affordable prices.
The function of the Commission are to advise the Government on tariff measures or other form of assistance to provide protection to the indigenous industry, and promoting exports. Measures to counter dumping and other unfair measures adopted in respect of import and sale of foreign goods in Pakistan.
State Life Insurance Corporation of Pakistan in the state owned life insurance company. It was formed in 1972 when life insurance business in Pakistan was nationalized and 32 life insurance companies were merged and consolidated.
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