| OCR Text |
Show The lower part of table to licensing and trial 6.1 also shows, in the growth of indus lesser extent in bonus licensing, the a industrial sector phenomena of avoiding the bottlenecks in the same by channeling more imports to it. Table 6.2 shows that the liberalized imports came to be a quite significant part of total licensed imports in a fairly sho time span. Even in this si t.ua+t on, liberalized it felt was accounted for imports by nearly observers that economic back in its growth during the last half of 1963 where troIs led to the next of the "Free List of licensed imports, industry was still being held by a lack of imported raif materials and spare parts plus the grovTing criticism of This one-half reliance excessive con- introduction measure--the major liberalization direct on ., • The F'ree List In January and steel items tin plate, ment of were a a free import basis. billets and These items only under various aid days later by an on amount was This meant that pig iron, thout the requirestrips could be imported \d July 1964 this list was expanded placed four lron were available only from under its commodity aid program. available few on obtaining a license. the U.S.A. In 1964 the Government of Pakistan placed announcement the free list to 51 items, programs.38 that a This was of which followed tariff surcharge had been (and other) import items. 10 percent--a major exception some was For most items the iron and steel which was II |
