Page 12 - CMA Journal (Sep-Oct 2025)
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E x c lus iv e  I nt er v iew



                                                                Pakistan’s agricultural interests are represented by the
                     Pakistan is pursuing                       Deputy Permanent Representative (DPR) and the
                                                                Agriculture Counsellor, in line with the national stance
                       enhanced market                          developed through stakeholder consultations.

                    access for its services                     ICMA: How has Pakistan's WTO Mission contributed
                                                                to addressing recent U.S. reciprocal tari s?
                   sector under Mode 4 in                       H.E. Ali Sarfraz Hussain: The Mission has actively been

                      developed markets,                        working by providing detailed technical and legal input,
                                                                along with policy options, for  the government’s
                   creating much needed                         consideration in addressing reciprocal tari s imposed by
                                                                the United States.
                            employment
                                                                ICMA: What steps can Pakistan take at the WTO to
                     opportunities abroad                       boost export opportunities for key industries?                                             Fourth, we need to look at unexplored opportunities. For   Pakistani exports are subject to the same tari s as those

                                                                H.E. Ali Sarfraz Hussain: First, we need to ensure fair                                    example, Pakistan is pursuing enhanced market access   from its  competitive economies.  While 72%  of global
                                                                                                                                                                                                             trade still operates under the MFN rule, progress in
                                                                                                                                                           for its services sector under Mode 4 in developed
                                                                market access, in line with the Most Favoured Nation                                       markets,  creating  much   needed   employment    reducing bound tari  rates has stalled due to a lack of
              ICMA: What role does Pakistan's WTO Mission play in   (MFN) obligations and WTO rules. We do so by raising                                   opportunities abroad.                             consensus among  WTO members. Meanwhile, the
              shaping trade policies and supporting industrial   speci c trade concerns or even disputes in case of any                                                                                      growing trend of bilateral and regional trade agreements
              growth?                                           MFN violations or inconsistent non-tari  measures.                                         Fifth, we need to be active in emerging issues of our time   allows many  of Pakistan’s  competitors to gain
                                                                                                                                                           to  ensure  that rules  which  restrict  our  access  are not   preferential access to major markets, putting Pakistan at
              H.E. Ali Sarfraz Hussain: This Mission plays a vital role in   Second, we must help the  industry produce quality                            developed. In this e ort, we remain actively engaged in
              aligning our trade policy with the multilateral trading   products by meeting global standards. For this                                     WTO discussions on digital trade and emerging     a disadvantage. To  address this challenge, Pakistan is
              system while safeguarding the country’s economic and   purpose, we arrange technical support for regulatory                                                                                    actively pursuing Free Trade Agreements (FTAs) with its
              strategic interests. We provide legal and technical input   agencies to build their capacity  so they can  enforce                           technologies, including Arti cial Intelligence, to ensure   key trading partners at the bilateral level, following
                                                                                                                                                           that developing countries retain  exibility in shaping
              for trade policy decisions, report policy measures   international standards.                                                                                                                  inclusive consultations with stakeholders, to secure
              through noti cations, facilitate technical assistance and                                                                                    their regulatory frameworks for their development.  competitive market access.
              capacity-building support, and represent Pakistan in   Third, we have to work to ensure that standards are
                                                                                                                                                                                                                                           th
              trade disputes. We also assist in trade remedial measures,   not used  adversely as protective measures. For                                 ICMA: How can  WTO discussions on agriculture     ICMA:  What outcomes at the 14  WTO  Ministerial
              such  as  anti-dumping,  to  protect domestic  industries   example, to safeguard existing market access, Pakistan                           strengthen Pakistan’s agro-based industries?      Conference in March 2026 would most bene t
              from unfair trade practices.                      has been raising concerns over  Trade Related                                              H.E. Ali Sarfraz Hussain:  The current negotiations on   Pakistan’s economy?
                                                                Environmental Measures which constitute emerging                                           agriculture mainly aim to provide additional  exibilities   H.E. Ali Sarfraz Hussain: The  14   WTO  Ministerial
                                                                                                                                                                                                                                           th
              Moreover, the  Mission,  in  consultation  with  national   non-tari  barriers.                                                              for  developing  countries in  areas  such as public
              stakeholders, develops proposal papers for negotiations                                                                                      stockholding  and safeguard  measures  in  response to   Conference is expected to be challenging due to rising
              on key priority areas and attempts to build consensus on                                                                                     import surges to ensure both food security and    global trade tensions and di ering priorities among
              these proposals to advance Pakistan’s national interests.                                                                                                                                      members. Despite this, several potential outcomes could
              For example, we are actively working to secure greater                                                                                       livelihood  security.  These   exibilities would  help   signi cantly  bene t Pakistan’s economy. These  include
              policy   exibility  to  strengthen  resilience  against  crises   While 72% of global                                                        Pakistan and other developing countries strengthen   decisions aimed at strengthening food security and rural
              such as  oods, and to establish a global discipline to                                                                                       their farm and livestock sectors. Moreover, the ongoing   livelihoods, and providing greater policy  exibility to
              reduce the cost of inward remittances below 3 percent.                                                                                       negotiations seek commitments from members that   respond to natural disasters. Other key outcomes could
                                                                  trade still operates under                                                               provide high levels of domestic support to reduce   involve reducing the cost of remittance transfer,
              ICMA: How do you balance Pakistan's  agricultural                                                                                            trade-distorting subsidies and simplify tari  structures. A   improving market access for services, enhancing
              needs with global trade obligations as  WTO          the MFN rule, progress in                                                               positive outcome of these negotiations would create   technical assistance for developing countries, and
              Agriculture Chair?                                                                                                                           fairer and more open international markets for Pakistan’s   increasing  exibility in intellectual property rules to
                                                                      reducing bound tariff                                                                agro processed products.                          promote innovation and technology transfer.
              H.E. Ali Sarfraz Hussain: The Committee on Agriculture
              Special Sessions (CoA SS) is mandated to negotiate further   rates has stalled due to a                                                      ICMA: What challenges does Pakistan face at the WTO   The Editorial Board thanks  H.E. Ali Sarfraz Hussain, Ambassador
              disciplines on agriculture. An ambassador from Pakistan                                                                                      in achieving fairer tari s?                        and Permanent Representative of Pakistan to the World Trade
              has been elected as the Chair of this negotiation   lack of consensus among                                                                                                                     Organization (WTO) – Geneva  for sparing his precious time to give
              committee for the  rst time in the WTO. As the Chair works                                                                                   H.E. Ali Sarfraz Hussain:  The WTO’s  Most  Favoured   an exclusive interview for Chartered Management Accountant Journal.
              in a personal capacity, I am expected to maintain            WTO members                                                                     Nation (MFN) principle requires members to apply
              neutrality and facilitate constructive negotiations to help                                                                                  uniform tari  rates to all trading partners, meaning
              members reach consensus on new disciplines. Meanwhile,


               10   ICMA’s Chartered Management Accountant, Sep-Oct 2025
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