ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved stricter rules for vehicle imports by overseas Pakistanis, in a meeting chaired by Finance Minister Senator Muhammad Aurangzeb.
Under the revised framework, only the Transfer of Residence and Gift schemes will remain, while the Personal Baggage scheme has been discontinued due to misuse. Vehicles imported under the Transfer of Residence scheme must now be verified to originate from the country where the sender resides. The minimum stay requirement for overseas Pakistanis has been set at three years (850 days).
Additional measures include applying commercial-import safety and environmental standards, extending the gap between successive imports from two to three years, and enforcing a one-year non-transferability period for all imported vehicles.
The ECC also reviewed the Circular Debt Management Plan for FY 2025–26, revised OMC margins in line with CPI, approved restrictions on chloroform imports, and sanctioned Technical Supplementary Grants for PDA, Housing and Works, and Cabinet Division projects. Approval was also given for a special-purpose company to wind up PASSCO and for budgetary allocation to PIAHCL to cover pension and medical expenses.
