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The Prime Minister’s Office has authorized the Commerce Ministry to proceed with reopening Pakistan’s gold and jewellery export and import trade, a move expected to revive the sector once the Economic Coordination Committee (ECC) gives its final approval.
The gold trade in Pakistan was temporarily suspended after SRO 760 which regulates the gems and jewellery industry expired on July 8, 2025. The federal cabinet had paused the regulation to reassess its framework, causing concerns among traders and exporters about unfulfilled commercial commitments.
According to official sources cited by Business Recorder, the Commerce Ministry has proposed condoning the three-month suspension period under SRO 760 to protect traders’ business commitments. It also suggested linking gold trade to a robust verification system to ensure transparency and regulatory compliance.
“The reinstatement of SRO 760 will help stabilize the jewellery sector and restore investor confidence,” Commerce Minister Jam Kamal Khan assured members of the All Pakistan Small Gems Jewellers & Tools Association (APSGJTA) during an August 8 meeting.
A high-level committee had earlier reviewed the regulatory framework, incorporating feedback from private-sector stakeholders. The National Assembly Standing Committee on Commerce, chaired by Jawed Hanif Khan, also urged the government to expedite the process.
With the PM Office’s go-ahead, the ECC’s approval is now the final step before the legal gold and jewellery trade resumes fully, potentially unlocking significant export revenues and formalizing trade activities that were affected during the suspension period.
