ISLAMABAD - Secretary Commerce Zafar Mahmood will meet with the members of various chambers and trade associations in order to resolve their concerns regarding switching trade arrangements from existing positive list to negative list of importable items from India. According to the official handout issued here, the Commerce Ministry is in process of switching trade arrangements from existing positive list to negative list of importable items from India. All Chambers of Commerce & Industry, trade associations and stakeholders were requested by the Ministry to identify importable items from India to be included in the negative list. Suggestions/recommendations sent by the stakeholders are under process in the Ministry for compiling the negative list for trade with India. In this regard, the Secretary Commerce will meet members of the various chambers and trade associations on 27, 28 & 31 October and 1, 3 & 4 November 2011 to discuss issues and concerns before finalization of the negative list. He would hold meetings in Islamabad, Lahore and Karachi with the representatives of chambers of commerce and industry and other associations. APP adds from Karachi: The domestic pharmaceutical industry will collapse and lose exports worth 150 million dollars per annum if the medicines are not placed in the negative list of imports from India, medicine manufacturers feared. "We cannot compete and are not in a position to given MFN status to India as far as our pharmaceutical sector is concerned," said Saboor Ahmed, an active member of KCCI and former chairman of Pharmaceutical Manufacturers Association. (PPMA). He stressed that the Ministry of Commerce must discuss the consequences of the impact of MFN status to India, particularly, to the pharmaceutical sector. There are at present 23 multi-national companies (MNCs) and 425 domestic companies in producing life saving and other drugs and providing employment to over 0.5 million directly and indirectly, he maintained. Ahmed said that India has edge over Pakistan on production of raw material for the manufacturing of medicines while Pakistan imports up to 10 percent of the active ingredients from other countries. He further claimed that Pakistani pharmaceutical products were being exported to over 40 countries and the industry was expecting a growth of 30 percent per annum in its exports due to its high quality. "We have always welcomed the import of specialised medicines like that of cancer from India and other parts of the world, but general imports of medicines would render thousands of people jobless here and many of the industries may face closure," he added.