Khan was earlier Minister of State for Privatisation and will now move to the Commerce Ministry. Sharif holds the commerce and textiles portfolio.
Before taking charge as Minister of State for Privatisation on June 23, Khan was inducted as the Minister of State for Science and Technology on June 12.
He has been heading the National Assembly's standing committee on commerce for the past five years.
Despite several promises by the previous Pakistan People's Party-led government, the proposal to grant Most Favoured Nation-status to India has been delayed by almost a year.
The Dawn newspaper reported that many parliamentarians had started lobbying for their appointment as Minister of State for Privatisation, apparently because the department would see a lot of activity in future as the government has unveiled plans to privatise over 30 state-run enterprises.
However, the government is yet to execute the plan.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%