Karachi, May 14, 2025 – Pakistan’s once vibrant gem and jewellery export sector has come to an abrupt standstill following a recent and unexpected move by the federal government. The sudden suspension of SRO 760(1)/2013, the critical regulatory framework governing the legal export of gold and jewellery, has sent shockwaves through the industry. Exporters are now facing a state of limbo, with millions of dollars worth of consignments stranded and crucial international contracts hanging in the balance, igniting widespread alarm. The Pakistan Gems Jewellery Traders & Exporters Association (PGJTEA) has urgently appealed to Prime Minister Muhammad Shehbaz Sharif, imploring for the immediate reinstatement of the vital SRO 760(1)/2013. This plea follows the Ministry of Commerce’s unforeseen decision to suspend the framework for the next two months, a move the association argues has severely disable their operations. In a formal letter addressed to the Prime Minister, the PGJTEA voiced profound concern over this unilateral decision. The association emphasized the severe disruption it has caused to the organized and compliant gold jewellery export sector. PGJTEA Chairman Imran Khan Tessori stated emphatically, “This unexpected move has placed our legitimate and transparent export operations in grave jeopardy, leaving significant consignments stranded, threatening our existing contracts, and severely damaging Pakistan’s hard-earned export credibility.” Mr. Tessori further revealed the staggering impact of the suspension, noting that export consignments valued at an estimated $50–60 million are currently ready for shipment but are now unable to proceed due to the abrupt suspension of SRO 760(1)/2013. He underscored the critical timing of this disruption, highlighting that at a moment when the nation is in dire need of foreign exchange reserves, impeding legal exports is an illogical and counterproductive action. The PGJTEA sought to clarify the operational integrity of its members, asserting that they have consistently adhered to the legal framework. They emphasized their exclusive use of authorized channels for gold imports, their strict avoidance of grey…