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| March 16, 2006 | Thursday | Safar 15, 1427 |
Major plan to impose anti-dumping duties
FAISALABAD, March 15: National Tariff Commission (NTC) chairman Dr Faizullah Khilji has said that Pakistan has a major plan to impose duties on all those countries which are being considered under anti-dumping rules.
Speaking to Faisalabad Chamber of Commerce and Industry (FCCI) members here on Wednesday, he said the WTO had not only posed a challenge but also offered new opportunities to the educated youth to compete in the global market on the basis of their knowledge and skill.
He said that one of the items of China had been imposed anti-dumping duty while for another the matter was in court.
Scores of products of Indonesia, Germany, France, Malaysia, Taiwan, India, England, South Africa, Italy and other countries had been imposed anti-dumping duties and the NTC was playing a positive role in this respect.
He asked the industrialists to join hands with government agencies and send proposals for the imposition of dumping duties on products of various countries.
About the anti-dumping duty imposed on Pakistani bed linen, he said the commerce ministry and even the prime minister had held meetings with the EU countries to resolve the matter.
Underlined the importance of knowledge-based society, he said that public as well as private sector universities were playing their due role in the promotion of education.
Lauding the private sector role in the dissemination of quality education, he said the TUF was one of the better institutes offering education in various subjects of practical nature.
He urged upon the students to fully concentrate on their education during their stay at this state-of-art campus. He was also impressed by the qualified faculty of the university and hoped that it would make a phenomenal growth in the days to come.
Earlier, FCCI president Mian Muhammad Haneef highlighted the problems being faced by industrialists and exporters on tariff and duties.
CIRCUIT BREAKER: Fesco chief executive Tariq Rasool has claimed that engineers have designed a circuit breaker to save transformers from unnecessary damages.
Talking to reporters here on Wednesday, he said that Fesco transformers reclamation workshop had designed the circuit breaker with multiple features in addition to saving transformers from burning due to overloading or short-circuiting, etc. He said this circuit breaker could work effectively at 55 degree centigrade temperature and could easily be attached with transformers installed on electric poles.
Initially these circuit breakers fitted with transformers on experimental basis were working satisfactorily, he said.
The Fesco chief executive said that these circuit breakers could also be helpful in detecting power pilferage.
SHOT DEAD: A shopkeeper was shot dead on resistance by armed dacoits in Khurrianwala here on Wednesday.
Reports said shopkeeper Arshad of Chak 70-RB was returning home when armed outlaws intercepted him and snatched from him Rs64,000 in cash and shot him dead when he offered resistance.
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