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LIST OF ACRONYMS ADB Asian Development Bank
AFTA
ASEAN Free Trade Area
AIDC Automotive Industry Development Committee
AIDP Automotive Industry Development Programme
AIIP Auto Industry Investment Policy
APMA Association of Pakistan
Motorcycle Assemblers ASEAN Association of South East Asian Nations
CBU Completely Built-up
CC&I Chamber of Commerce and Industries
CCP Competition Commission of Pakistan CD Customs Duty
CGOs Customs General Orders
CIF Cost, Insurance, Freight
CKD Completely Knocked Down
CMI Census
of Manufacturing Industries CNG Compressed Natural Gas CPI Consumer Price Index
CSF Competitiveness Support Fund
DFID Department
for International Development EDB Engineering Development Board
EPO Export Policy Order
EPZs Export Processing Zone
ERP Effective Rate of Protection
ESCAP Economic and Social Commission for Asia and the Pacific
FBR
Federal Board of Revenue FDI Foreign Direct Investment FIAT
Fabbrica Italiana Automobili Torino GATT General Agreement on Tariffs and Trade GDP Gross Domestic Product
GoP Government of Pakistan
HHI
Herfindahl–Hirshman Index HP Horse Power
HRD Human Resource Development HS Harmonised System
IES Indian Engineering Services IPO Import Policy Order
IPR Investment Promotion Regulations
ISDP Industry Specific Deletion Programme ISO International Standards Organization
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ITC Index
of Trade Complementarity ITP International Trade Price
JVs Joint Ventures
LCVs Light Commercial Vehicles
LUMS Lahore University of Management Sciences MC Motor Cycle
MFN Most Favoured Nation
MNC Multinational Company
MOC Ministry of Commerce
MoIP Ministry of Industries and Production
NEQS National Environmental
Quality Standards OECD Organisation for Economic Cooperation and Development
OEMs Original Equipment Manufacturer
OICA Organisation Internationale des Constructeurs d'Automobiles (International Organization of Motor Vehicle Manufacturers)
OLS Ordinary Least Squares
PAAPAM Pakistan Association of Automotive Parts & Accessories Manufacturers
PACCS Pakistan Automated Customs Clearance Systems
PACO Pakistan Automobile Corporation
PAII Productive Asset Investment Incentive
PAMA Pakistan Automotive Manufacturers Association
PCT Pakistan Customs Tariff PEC Pakistan Engineering Council
PES Pakistan Economic Survey
PIM Pakistan Institute of Management POL Pakistan Oilfields Limited
PSQCA Pakistan Standard Quality Control Authority RD Research and Development
SAFTA South Asian Free Trade Area
SBP State Bank of Pakistan
SKD
Semi-Knocked Down Units
SMEDA Small and Medium Enterprise Development Authority
SMEs Small
and Medium Scale Enterprises SPEL Synthetic Products Enterprises Limited
SROs Statutory Rules and Orders ST Sales Tax TASS Technology Acquisition Support Scheme TBS Tariff Based System
TDAP Trade Development Authority of Pakistan
TEVTA Technical Education & Vocational Training Authority
TIR Transports Internationaux Routiers (International Road Transport)