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Tariff Barrier

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Tariff Barrier
A tariff designed to make imports more expensive than domestically produced products. That is, a tariff barrier is a tax imposed upon imports to protect local industries and companies. Critics, notably the WTO, have criticized tariff barriers because they believe they discourage international trade and because they may have net negative effects on the economy in the long run. However, proponents of tariff barriers argue that they can force countries to develop their own domestic industries. See also: Import substitution industrialization, Free trade.


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Sayeed stressed for decrease in Non- Tariff Barriers, referring Study done on Non-Tariff Barriers done by Asian Development and UNCTAD, which suggests mutual recognition of certificates on various standards.
He further said that there are number of Non Tariff Barriers being faced in export to India which are hampering Pakistani exports.
In China, ranked 49th, "imports are still significantly inhibited by tariff barriers," the report found.
 
 
 
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