PBC News: Finance Minister AHM Mustafa Kamal has proposed to reduce tariffs on import of microbus to discourage the use of accident-prone vehicles like Nasimon, Laguna and encourage the use of microbus as an alternative public transport.
To encourage the use of environment friendly hybrid vehicles, he also proposed to restructure the tariffs on imports of hybrid vehicles.
Besides, he proposed to reduce tariffs on import of dumper/tipper in CKD condition to protect the dumper/tipper assembling industry.
For the development of motorcycle manufacturing/assembling industry, he proposed to bring necessary adjustments and also to include some raw materials in the existing SRO.
He said Moped is a fuel-efficient motorcycle. It plays an important role in the economic activities of small traders and the public. In order to ensure affordable price, he proposed to reduce the tariff rate of Moped.