Old Wine in new bottles--the New Auto Policy

Dedicated to A R Kemal who did a study on the protection of cars on the 90s arguing against protection. 

Sadly the issues remain the same.

Pakistan has been protecting the car industry through most of its history. The consumer is bearing the burden of this policy and fresh investment has been dried out for decade. Policy has strengthened car oligopoly at a huge cost to consumer. 

What s the best policy for the car industry?

Should this industry be protected forever?

Is the new policy is a departure from the past? 

What are the institutions that make the auto policy? what are their incentives?

Dr. Manzoor Ahmed, trade policy adviser to Pakistan as well as many other countries, talks about Pakistan's continued import substitution policy in cars.